Manchester once again played host to the BIBA Conference, bringing together brokers, MGAs, insurers and service providers to discuss the issues shaping the market today. From AI and cyber exposure to geopolitical uncertainty and climate risk, the conversations reflected a growing sense that clients are facing a more complex risk environment.
This year’s theme, “Time: To”, felt especially apt. Across the conference, there was a clear sense that brokers, MGAs and clients are already dealing with more interconnected risks, and that these are becoming harder to address through traditional commercial insurance placements alone. There was also greater emphasis on governance, operational resilience, data strategy and longer-term risk financing strategies, rather than focusing solely on the annual placement cycle.