Insurance is a highly-regulated business and the constant evolution of the regulatory landscape is a challenge for many firms. Changes to the world around us, whether in the form of emerging developments such as climate change, autonomous vehicles and the increasing use of AI, or more immediate challenges such as global pandemics, all have regulatory and compliance implications as well as demanding new ways of working and the development of new products and services.
Holding and processing data is now a cornerstone of every insurance business. However, the law in this area is ever more complex, and difficult to understand and apply.
In the UK, we are seeing an increased focus on product oversight and governance, and – through the new Consumer Duty – an insistence on ensuring good outcomes. And senior managers face personal accountability if things go wrong.
Our Insurance Advisory team offers practical advice to the insurance market on the nature and scope of their regulatory obligations. It includes experts on insurance regulation, distribution, M&A and finance, data protection and data security, outsourcing, technology, litigation and regulatory enforcement, employment law, and policy wordings.
We work with our clients to anticipate regulatory developments and plan for change; seeking to influence policy-makers and helping our clients adapt to an ever-changing world.
Thought Leadership
Our global thought leadership delivers fresh thinking on hot topics. We take an overarching look at how to unlock the potential of ESG and drill down into 7 key themes that address recurring C-suite concerns. From class actions to technology, you will find strategic insight to stimulate discussion and debate.
