Strategic Recommendations
Key Focus Areas
Commentary: Insurers are rewarding firms that acknowledge complexity and prepare for it - not those who underplay it.
To enhance their renewal outcomes, Insurance Companies should:
Align Internal Governance to External Expectations: Underwriters want board-level commitment to cyber, ESG, and compliance - not just boilerplate responses.
Benchmark Risk Control Maturity: Particularly in cyber risk segmentation, third-party oversight, and technology resilience.
Audit Programme Structure: Ensure alignment across local and group-level cover, especially for run-off portfolios and D&O layering.
Engage Early with the Market: Best terms are being achieved by firms who submit early and allow time for negotiation.
Clarify ESG Policy Frameworks: Prepare to defend both the presence and absence of ESG and DEI policies depending on jurisdiction.
