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C-Suite: Slow down and think long term

Andy Watson

Major price swings in the motor sector in the wake of legal reform are damaging to consumer confidence.

The insurance industry’s significance to the UK economy was again well documented by the Association of British Insurers in its recent market overview.
UK insurers contribute more than £10bn each year

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Lloyd’s probe deepens after Clement promotion cleared

Lloyd’s is believed to have widened a fresh investigation into top-level behaviour, just as a report emerged that October’s review of the London Market’s former CEO John Neal’s relationship with his former head of corporate affairs Rebekah Clement ruled it wasn’t inappropriate.

Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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