Category Archives: Financial Services

Lifetime Mortgages: A Retirement Solution, but Not Without Risk

nestegg

People are living longer, and life expectancy is rising further. In the U.K., life expectancy increased from 70 years in 1961 to 80 in 2009, and 1 in 3 babies born in 2013 are now expected to live to celebrate … Continue reading →

Address Talent Management and Retirement Planning Together

talent-management

There exists a monumental opportunity for financial institutions to work more closely with employers and their employees to help address their biggest respective risks – namely talent management and retirement planning. These two issues may seem poles apart but linking … Continue reading →

Wearable Technology: Going Out On a Limb

wearable technology

Contactless payments are a relatively new but well known phenomenon; in the U.K. consumers spent more than £2.5 billion via the technology in the first half of 2015. Transport for London adopted the technology in September 2014, and in the … Continue reading →

FinTech and the Ethical Use of Personal Data

keyboard and data

As we move into an era of access to greater amounts of users’ personal information, it is time for a debate about the ethical use of personal data to ensure that financial innovation doesn’t create financial exclusion or marginalisation. We … Continue reading →

What Risks Will Emerge in 2016?

underwater mine

Our world is advancing at a pace that invites innovation at breakneck speed, encouraging companies to jump into untested waters. Whether it is new, disruptive technologies – such as drones – or just a new way of doing business – such … Continue reading →

Guide to Network Security and Cyber Coverage

network security

For years, network security professionals have been saying “either you have been data breached or you just do not know that you have been data breached.” As the lives of both private individuals and businesses are increasingly dominated by technology … Continue reading →

The Five Risks That Threaten the Future of FinTech — and How Insurance Can Help

fintech

Advances in technology promise to change the way financial institutions operate in hundreds of ways in the next decade. Many of these changes will require a reexamination of the way insurance mitigates the risk associated with the business. Continue reading →

Guide to RFPs: To Bid or Not to Bid

BID645x400

The process of putting an insurance program out to bid e.g. a request for proposal (“RFP”) can be very time consuming. The decision to do so cannot be taken lightly. So why do firms put programs out to bid? Continue reading →

A Regulatory Review of 2015

year-in-review

This year has been full of ups and downs at the Financial Conduct Authority (FCA). Fundamentally, it has become a year of change. In this article, I look back at the FCA’s more significant successes and challenges of 2015. I … Continue reading →

Top 10 of 2015 – #2: The Future of Financial Institutions – And Risk

Willis financial institutions risk index

The financial sector has changed hugely since the financial crisis. In order to understand the pressures shaping the financial sector, we interviewed more than 150 C-suite executives of global banks, insurers, reinsurers, asset managers, hedge funds and financial technology firms. … Continue reading →