The London market continues to evolve to meet the changing needs of financial institutions; new solutions for social engineering, fintech bespoke policies, crowdfunding platforms, family offices and global programmes represent some examples of innovation within the sector.
When it comes to transactional risks, London remains the global hub with significant capacity and specific expertise on cross border risks including inversions. It has a rapidly growing range of solutions with the ability to manuscript and can add significant value to traditional management liability and financial institutions portfolios.
With regard to public D&O, London is once again extremely competitive with capacity and pricing making the market a key player, particularly for multi-jurisdictional clients. The capacity available in the London market for public US commercial D&O is over USD100m, rising to USD250m for side-A. It is producing best in class products with base wordings recognised as leading and sought after by major securities law firm defence counsel. Entity+, full investigations coverage, is still the broadest investigation offering in the market.
For further information with regards to our capabilities, please contact Andy Brett or Abbe Lawrence.
Andy is also part of the Miller team attending RIMS this year and would be happy to meet and discuss anything further.