Insights

Q3 2020 - Financial Lines Market update

The early days of March are only a few months behind us but, to this commentator at least, already seem a halcyon memory of pre-pandemic calm. Three and a half months of lockdown has caused us all to re-assess the way we work and, hopefully to a less profound extent, live. Read more »

Financial institutions reshape for the challenges ahead

In early February, if you had told the head of trading at an investment bank or asset manager that most of their employees could, within weeks, be trading remotely with full regulatory approval then you may have had your sanity questioned. But here we are, several months later, and the shift to remote working has been swiftly and successfully delivered as financial institutions learn to adapt – at pace – to the pandemic constrictions imposed on normal life. Read more »

Q1 2020 - Financial Lines Market update

The following article was completed in early March, just before the scale and severity of efforts to contain Covid-19 became apparent and as such it does not make reference to its potential impact on the market. Aon has released, and will continue to release, various communications concerning the potential impact of Covid-19 on businesses, their directors, and insurable risks. Read more »

Aon’s Insurance Companies’ Forum 2019 – Event Summary

Waiting for the market cycle to recover is no strategy for future success said Lloyd’s CEO, John Neal, in his keynote address to delegates. Going on to detail how the Lloyd’s market is responding to a fast-changing risk landscape – including the anticipated launch of a new prospectus for 2019 and beyond. Read more from Aon’s Insurance Companies’ Forum event. Read more »

Keeping Cryptocurrency Secure

More than $1.3bn has been stolen from cryptocurrency exchanges since the first Bitcoin block was mined in 2009, with an average of $2.7m of crypto assets stolen every day in 2018. While robust security is imperative for anyone wishing to hold digital assets, insurance is also helping to reduce the risk to investors. Read more »

Will Brexit impact London FinTechs?

FinTech is pioneering innovation in a fast-evolving, competitive market where start-ups now rival established brands. But how will Brexit affect London’s status as the FinTech Hub of Europe?

Market Commentary - Large UK Solicitors' Firms

After some evidence of a hardening market, with increases faced by some firms in 2017, the 2018 renewal season confirmed that we are entering a more difficult period for large UK based Solicitors firms.

Data Protection Class Actions and the Vengeful Employee: Implications of the recent Court of Appeal decision in Morrisons

Imagine a situation where an embittered, disgruntled employee steals personal information which he holds about other employees (name, address, bank details etc.) and decides to put it into the public domain.

Brexit Update: Insurance contract continuity

The issues that insurers face and considers the interplay between insurers’ contractual obligation to continue to service policies (including paying claims) versus the practical impact that local regulation might have on their ability to do so.

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