Weekly News Roundup – 29th September

The annual Dive In Festival, a global event that aims to help the insurance industry bring about positive change, took place this week. In a rather timely announcement the FCA and PRA released new D&I proposals that will support the growth of talent and promote a culture that allows people to bring their authentic selves to work. In an interview from Monte Carlo, the UK CEO of Aon Reinsurance Solutions waxed lyrical about the opportunities in the MGA space. Finally, in OneAdvent news, we have a fantastic addition to our client roster in the form of Altamont-backed reinsurance broker Augment Risk.

Regulators push forward diversity and inclusion proposals in financial services (Source: Insurance Business Magazine)
Following an increase in discrimination claims in the past year, the FCA and PRA have developed measures “to advance diversity and inclusion”.

Anthony Joseph & Andrew Caswell: PwC: Faster and better decision making – scaling up specialty insurance (Source: Instech)
Instech’s newest podcast explores what transformation really means and how, as well as examining digital adoption in the insurance space with PwC.

Parametric Solutions: Rethinking resiliency with event-based risk transfer (Source: Aon)
4-part parametric webinar series exploring managing ‘grey swan’ activities, using tech to address emerging perils and how parametric can complement other forms of risk transfer.

Aon’s Moore: MGAs will continue to succeed in niche areas (Source: The Insurer TV)
The UK CEO of Aon Reinsurance Solutions discusses the funding available for new MGAs and emphasises the “opportunity for talented underwriters to take some of the reward for their endeavours”.

OneAdvent supports launch of new Altamont-backed market entrant, Augment Risk (Source: OneAdvent)
OneAdvent, the specialist MGA and broker services platform, has been selected by reinsurance broker, Augment Risk, as a partner in the launch of its UK and European offering.

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