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ARTICLE · 07 NOVEMBER 2018

Guernsey Can Help Development Of London Insurance Market

London still has much to offer as a global insurance centre if it changes with the times, a leading figure in the industry has said.

GuernseyInsurance

London still has much to offer as a global insurance centre if it changes with the times, a leading figure in the industry has said.

Karl Hennessy, CEO of Carrier Solutions at Aon, said that London's insurance market had survived multiple challenges over the past 300 years and would not be derailed by issues such as Brexit. He was addressing the Guernsey Insurance Forum in London as its keynote speaker.

"We have been here before. We have faced major dislocation in our market place and the ability and opportunity to trade have come through it. Brexit is an unwelcome distraction but not the only challenge we face. And there are real opportunities still out there," he said.

Mr Hennessy described London as a "unique insurance eco-system" 

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