May 2022
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Format: DOWNLOADABLE PDF
This conference examined the future of the UK insurance industry in the context of new regulation for the sector.
It took place against the backdrop of the review of the Solvency II prudential regulatory regime, the wider Future Regulatory Framework Review and the announcement of reforms to UK insurance regulations as part of the package of hoped-for Brexit opportunities.
Key stakeholders and policymakers discussed what will be needed to achieve the aim of a regime tailored to best support the sector in the UK, encourage competition, and reduce regulatory burden.
Sessions in the agenda included:
- regulation in the wake of COVID-19
- the review of Solvency II
- a UK insurance regime
- societal role of the UK insurance industry
- challenges for the future
- policy priorities
We were pleased to be able to include keynote sessions with: Matt Brewis, Director of Insurance and Conduct Specialists, Financial Conduct Authority; Anna Sweeney, Executive Director, Risk, Operations, and General Insurance, Bank of England; Charlotte Clark, Director of Regulation, Association of British Insurers; Caroline Wagstaff, Chief Executive Officer, London Market Group; and Justin Wray, Head of Policy Department, EIOPA.
The conference was an opportunity for stakeholders to consider the issues alongside key policy officials who attended from HMRC; DIT; DfT; Defra; Department of Finance, ROI; TLA; and UKSA.
