Speak up for yourself, Davos delegates tell UK insurers

Laura Miller
clock

UK insurance companies need to be more proactive in distancing themselves from the banking crisis, delegates at Davos have told Zurich's Geoff Riddell.

The Zurich chairman of global corporate and chief executive for Asia-Pacific and Middle East, where he is responsible for both life and general insurance, says attendees at the World Economic Forum (WEF) challenged him on why no-one within the industry was speaking up. He says: "People were coming up to me saying no-one is speaking up for the insurance industry. "They realise the public has lost trust in banks, politicians but also in businesses in general. But they said the industry is not selling the fact that it hasn't been part of the banking fiasco strongly enough." Each year,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Life cover planning: The changing landscape of protection for IHT

Life cover planning: The changing landscape of protection for IHT

'The world of protection advice is changing'

Naomi Greatorex
clock 16 September 2025 • 4 min read
Ipipeline expands Advanced Underwriting tool to whole of market

Ipipeline expands Advanced Underwriting tool to whole of market

Three further providers set to join

Jaskeet Briah
clock 01 September 2025 • 1 min read
Consumer Duty: Two years on – the protection impact

Consumer Duty: Two years on – the protection impact

Impact on the market and next steps

Jaskeet Briah
clock 01 August 2025 • 5 min read