Emerging risk in the UK insurance context encompasses new or evolving exposures such as climate transition risk, supply‑chain fragility, AI liability, geopolitical instability, and shifting litigation behaviour that are not yet fully captured in historic data or traditional models. Risk, underwriting, and strategy teams collaborate to identify and monitor these developments through horizon scanning, scenario analysis, and pilot products, aiming to protect the balance sheet while creating new, relevant propositions for clients in a rapidly changing environment.
New research warns that cyber cover often lapses after deal close, leaving W&I as the sole recourse for breaches
As climate, cyber and emerging risks grow more complex, organisations are finding conventional policies fall short
Four in ten brokers rank talent attraction and retention above AI, emerging risks and regulation as their leading concern
Only one in three European executives feels prepared for the energy transition – and UK businesses say uncertainty is stalling progress on the shift
Michael Keating on the fear of not keeping up
