Strategic Recommendations
Key Focus Areas
To optimize insurance programs in 2025, asset managers should focus on:
Reassessing Insurance Coverage: Evaluating policy structures to capitalize on competitive pricing while ensuring alignment with emerging risks in cyber, fintech, and digital assets.
Enhancing Risk Management: Strengthening AI governance, cybersecurity hygiene, and ESG compliance to improve insurability.
Monitoring Regulatory Developments: Staying updated on evolving regulations in the United States and the Great Britain, particularly in AI, DEI programs, and financial services oversight.
Evaluating Insurer Relationships: Determining whether long-term partnerships or competitive marketing strategies will yield the most favourable renewal outcomes.
Maximizing Competition: Consider conducting a thorough market analysis to drive premium savings and secure enhanced coverage.
