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"