Category Archives: Financial Services

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 →

A Big Opportunity Helping Low-income Households with Microinsurance

Traditional Myanmar girls on mobile phone

Low-income households across the developing world are vulnerable to risks and often can’t afford to be insured or don’t have a good understanding of what insurance is. So they often end up facing risks around their health and property on … Continue reading →

Insuring Bitcoin

Bitcoin

The insurance market will not insure the value of bitcoins. But insurance can play a vital role in helping make the virtual currency a safer investment overall. Continue reading →

Navigating China’s Growing Insurance Market

Chinese Insurance Market: One of the Most Dynamic and Changing Markets in the World

China’s insurance market is one of the most dynamic and changing insurance markets in the world. Hand in hand with that new opportunity and flexibility come changing rules and regulations that should be considered when looking to enter the China … Continue reading →

Risk Management in Financial Institutions: Beyond the Three-Lines-of-Defence Paradigm

Holistic risk governance for Financial Institutions

In recent years, headlines about LIBOR rigging, PPI mis-selling, sanctions avoidance and rogue trading have revealed poor risk management and questionable values in the financial institutions (FI) industry around the globe. Continue reading →

Tackling Economic Crime

euros cuffs

The UK Government has placed the fight against economic crime firmly on its agenda in 2015. Financial institutions and senior management should ensure it is also high up on their agenda. Continue reading →

Convenience is Banks’ Secret Weapon in War with Silicon Valley

Tuxedo banking

Regional and community banks haven’t lost to Silicon Valley – yet. But they face some serious challenges. Unexpectedly, the desire for convenience may be today’s banks’ biggest advantage in the coming battle with Internet start-ups. Continue reading →

How Global Conflicts Impact Financial Institutions, Investments and Assets

INFOGRAPHIC: NonConflict Countries

What does it mean for financial institutions, investments and assets when virtually the entire world is involved in armed conflict or financial sanctions? Continue reading →

Securities Class Actions Focus on Accounting

accounting lawsuits

Per Cornerstone Research, filings of securities class actions with accounting-related allegations increased 47% in 2014, and accounting case filings involving restatements of financial statements reached their highest level in the last seven years. Most people like numbers and statistics like … Continue reading →

Millennials & Insurance – The Final Financial Frontier

millennial guy in car

My colleague and I wondered if Millennials would make Google the next big thing in banking. Considering how they are changing the world of insurance, particularly personal lines, we now ask….Is Google the next big thing in insurance too? As … Continue reading →