The UK is the historic birthplace of the trendy insurance coverage trade and the place the London Market emerged as a hub for world threat. How are trade dynamics and new home challenges in claims and pricing shifting the panorama? It’s London Calling.
We mark the 4th anniversary of Insurance coverage Information Evaluation with this particular version recorded in our London studio. Kenneth Saldanha joins us to dive into the insurance coverage matters that made headlines.
The London Market’s contribution to the UK’s GDP has increased. We talk about additional development alternatives for the London Market amid fierce competitors from Bermuda and the US.
Gen AI continues to be a sizzling matter. We have a look at the impact of AI and Gen AI on the insurance workforce, what UK insurance coverage leaders should say about it and the advantages we anticipate AI may deliver.
Taking a home view, we discover what’s driving price increases in motor insurance. Kenneth shares his tackle the aggressive nature of value comparability websites. We additionally think about how catastrophic occasions linked to local weather change could enhance the variety of uninsurable homes throughout the UK.
Lastly, we talk about how pet insurance is a high-growth market and the alternatives to generate extra worth for not solely pets and their house owners, but in addition for pet insurers.