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 four biggest risks have not changed for a while now – cyber, regulation, climate change and technology.

Corporate governance also continues to be a headline topic, with the failure to attract and retain the right talent now also 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?

This will be an interactive and wide-ranging talk and those attending will be actively encouraged to contribute with their own experiences. We will look at the differences in responses between insurers and brokers with brokers considering business conduct more of a concern than insurers.

Learning Objectives
By the end of this talk attendees will gain an overview of:

• The key risks facing UK insurers and brokers;
• What can be done to effectively respond to these risks;
• How can firms manage the regulatory onslaught in particular;
• Artificial intelligence – is this a threat or an opportunity.

Registration and lunch will be from 12.15pm and the presentation will be from 1.00pm until 2.00pm.

Please note there is no car parking at this hotel but there are plenty of public car parks in the immediate area. The venue is also adjacent to Leeds Railway Station.

Speaker
Branko Bjelobaba FCII started his insurance career in 1987 and has worked across the sector including stints at PwC and GISC.

He has led his own consultancy practice since 2004 working closely with BIBA and the CII and has provided hundreds of well-received talks.

He is 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.

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