Insurance Coverage for Business and Professional Liability

whitePaper | May 19, 2023

The big banks have not had an easy time of things recently. Already facing plenty of challenges from the likes of challenger banks, fintech, regulation and technologies like cryptocurrencies, the pandemic forced the pace of change to grow even faster.

whitePaper | November 30, 2022

Financial markets—like our societies—are undergoing a digital transformation. We are seeing the emergence of new and innovative financial products or other types of assets; new types of trading venues and innovative technologies for financial market infrastructures, as well as new forms of financial intermediation or even dis-intermediation.

whitePaper | September 20, 2022

Banking has historically been one of the business sectors most resistant to disruption by technology. Since the first mortgage was issued in England in the 11th century, banks have built robust businesses with multiple moats: ubiquitous distribution through branches; unique expertise such as credit underwriting underpinned by both data and judgment; even the special status of being regulated institutions that supply credit, the lifeblood of economic growth, and have sovereign insurance for their liabilities (deposits). Moreover, consumer inertia in financial services is high. Consumers have generally been slow to change financial-services providers. Particularly in developed markets, consumers have historically gravitated toward the established and enduring brands in banking and insurance that were seen as bulwarks of stability even in times of turbulence.

whitePaper | March 8, 2023

Economic uncertainty. Rising interest rates. ESG concerns. Regulatory changes. Hypercompetitive consumer-centric markets. Today’s banking industry is enduring unprecedented change and new models offering efficient and flexible infrastructures are needed. Future-focused banks wisely put digital initiatives on their risktransformation agenda to replace outdated and inefficient processes.

whitePaper | May 6, 2022

Globalization and digitization were transforming the way we work even before the global COVID-19 pandemic, but going forward, flexible hybrid workspaces will be the norm. With that comes the expectation of equity and inclusiveness for employees, and more personalized, meaningful experiences for customers.

whitePaper | March 16, 2022

Companies can innovate in any number of ways. They can design new products, embark on new market strategies, rethink company organization. They can innovate by automating processes that used to be done manually, and they can extend that automation to help transform operations beyond finance and accounting.