Episode 12: London Market Disruption
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We kick off the show with everyone’s favourite, a trip to dictionary corner to define the London Market and its key players. The panel celebrate London in all its glory, delving into the city’s importance with a 25% global market share of the Cyber sector. The importance of market share loss gets a thorough examination with newer markets providing a significant challenge to businesses. It’s all about being an easy place to do business with. Innovation and disruption get some recognition in a slow moving industry. Why is it so lethargic and what can be done to speed things up? Lloyds have a focus on technology and new business models that may help. Machine learning, blockchain and predictive modeling are considered some of the most exciting forms of innovation, the panel examines how they can be applied to insurtech and if innovation is impacting the way policies are underwritten. Tech giants are inbound and bring a whole host of new threats. The panel examines the effect external companies like Amazon,…