Today Long Finance published a report called "The Quiet Insurer: Mobility of The 'Other' Financial Service". On Monday 11 July at 9am, Long Finance will present the report's findings and hold a discussion about the future of insurance with industry leaders (more information).
Post the Brexit referendum, "The Quiet Insurer: Mobility of The 'Other' Financial Service" examines the relative attractiveness of insurance centres worldwide, taking into account factors which prompt a surprising level of mobility in an industry otherwise famed for its stodginess.
The Quiet Insurer casts a refreshingly positive outlook on the UK insurance industry. It presents an illuminating and entertaining insight into the history of the insurance industry; discusses the important concept of clustering; and provides a thorough analysis of the major financial sectors worldwide. It concludes with the opinion that London as the foremost global major financial hub for insurance will continue for decades to come, despite the current insecurity.
Professor Michael Mainelli, Executive Chairman of Z/Yen who sponsored the report, says:
"At this time of Brexit, The Quiet Insurer report concludes that London has a strong chance of remaining the foremost global wholesale insurance market. Our Long Finance initiative asks "when will we know our financial system is working?" Shirley Beglinger, the report's author believes London has at least another five centuries despite some immediate difficulties if it plays hard, fast, and smart. That's what Long Finance is about."
Beglinger, Shirley. The Quiet Insurer: Mobility of The 'Other' Financial Service. Rep. Long Finance, 09 July 2016. 40 pages.
Download the report |
"The Quiet Insurer: Mobility of The 'Other' Financial Service"July 2016 |
About Shirley Beglinger |
Shirley Beglinger has served as the first Generali Fellow in Insurance at the CSFI. She is currently the Leader of Operational Risk at Marsh & McLennan. Shirley also serves as a principal in Insurance with the Shires Partnership, which she co-founded with Andreas Bachofner. She testifies regularly as an expert witness in financial institutions' insurance litigation |
Upcoming Events |
'The Quiet Insurer: Mobility of the 'Other' Financial Service' - Report Launch - 11 July 'The Potential for Blockchain Technology in Wholesale Insurance' - Report Launch - 18 July |