Westminster Business Forum

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Next steps for UK insurance - regulation, sector priorities, role in recovery and growth, technology and skills, and opportunities going forward

Morning, Wednesday, 12th January 2022


This conference will look at next steps for the UK insurance sector.

It takes place in the context of the review of the Solvency II prudential regulatory regime, the Future Regulatory Framework Review, and the ongoing process of consultation and outreach by the PRA and HM Treasury.


The conference is bringing together key stakeholders with policymakers to address:

  • priorities for the new regulations and how they can be tailored to support stability for the sector and for individual firms, encourage competition, and reduce the cost of compliance
  • issues such as risk margin levels and volatility
  • new regulatory requirements, including in operational resilience and pricing, with analysis of the consequences for the sector and consideration of best practice in compliance

Further sessions look at wider issues, including:

  • how the industry is adapting to climate change and changing customer priorities
  • the impact of emerging technologies such as automation, robotics and AI, the internet of things, and big data
  • addressing skills gaps and workforce challenges
  • the way forward for International cooperation and best practice

We are pleased to be able to include keynote contributions from: Matt Brewis, Director of Insurance and Conduct Specialists, Financial Conduct Authority; and Charlotte Clark, Director of Regulation, Association of British Insurers.



Keynote Speakers

Charlotte Clark

Director of Regulation, Association of British Insurers

Matt Brewis

Director of Insurance and Conduct Specialists, Financial Conduct Authority

Keynote Speakers

Charlotte Clark

Director of Regulation, Association of British Insurers

Matt Brewis

Director of Insurance and Conduct Specialists, Financial Conduct Authority

Chair

Lord David Hunt of Wirral

Co-Chair, Insurance and Financial Services All-Party Parliamentary Group; and Partner, DAC Beachcroft

Speakers

Nick Roscoe

Chief Operating Officer, Concirrus

James Daley

Managing Director, Fairer Finance

Jimmy Williams

CEO, Urban Jungle

Chris Wilford

Director of Financial Services Policy, CBI

David Baker

Chief Risk Office, AXA UK and Ireland

Dr Matthew Connell

Director of Policy and Public Affairs, Chartered Insurance Institute

Andrew James

Director, PwC

Willem Loots

Senior Director, Insurance, Fitch Ratings

Mark Patterson

Insurance Partner, Deloitte