London Market Forecast 2019
In a global insurance environment facing change at an unprecedented rate, the London Market’s experience and expertise remains reassuringly consistent.
This is not to say that London can sit back, assured of its place as first choice provider based on reputation alone. The global insurance market demands more than history as a reason to come to London, which is why areas in need of improvement and modernisation have been identified and measures put in place to address any shortfalls.
Along with industry led measures, an understanding of potential market disrupters is vital. Anticipating changing risk perceptions is key to retaining the unique benefits of the London Market.
Political influences are never far from the headlines but business, environmental and societal drivers should not be overlooked as they remain key to any forecast. As 2019 promises to continue down this evolutionary path, we offer our predictions on some of the London Market’s priority areas.