Webinar: Global threats facing the insurance industry

What are the global threats facing the insurance industry right now and how are these impacting UK insurers and brokers?

Today war, weather extremes and the cost of living crisis dominate public debate but the biggest four risks remain - cyber, regulation, climate change and technology. With half of us due to retire within the next 15 years the failure to attract and retain the right talent is now rated in the top five risks. Will the wider impact of macro-economic factors continue to impact in terms of coverage, price/value and overall service delivery?

Branko Bjelobaba, FCII is leading the session and this will be an interactive and wide-ranging talk and those attending will be actively encouraged to contribute with their own experiences and views. We will look at the differences in responses between insurers and brokers with brokers considering business conduct more of a concern than insurers.

Branko has provided some insight to his experiences below.

"I started my insurance career in 1987 and have worked across the sector including stints at PwC and GISC and have led my own consultancy practice since 2004 working closely with BIBA and the CII and have provided hundreds of well-received (even entertaining…) talks. I am a recipient of the CII’s Bridgewater Award for Exceptional Service, the Thomson Reuters Compliance Personality of the Year Award, the London Market People Award for Legal and Compliance and was Highly Commended in the CII Public Trust Awards in 2021. I am proud to judge various insurance awards and am a respected and sought after industry commentator who is widely quoted by the insurance press.

I have been a regular speaker at virtually all of the CII’s local institutes and since the world went virtual I have provided hundreds of events to thousands and thousands of insurance professionals."

The learning objectives for this session are as follows:

• The key risks facing UK insurers and brokers;
• What, if anything, can be done to effectively respond to these risks;
• What can the insurance industry do to attract younger human talent;
• Artificial intelligence – is this a threat or an opportunity.