The expansion of the ‘cat’ (catastrophe) bond market and ‘seismic’ changes to the medical malpractice insurance market are among the top 10 predicted highlights of 2018, according to law firm RPC’s Annual Insurance Review. A government-backed scheme will help resolve the problem of GPs leaving practice due to rising insurance premiums. In the ‘cat’ market, drones, satellite imaging and other gadgetry will help the insurance industry write better risks. Overall, technology ‘from the higher risks related to data breaches to the impact of blockchain and driverless ships’ is a common theme of 2018, said Simon Laird, RPC’s global head of insurance.
25 January 2018
Insurers’ predictions for 2018
MOVERS & SHAKERS
Gateley Legal—Jack Kelly
Gateley Legal expands Midlands residential development team
Gibson Dunn—Richard Surtees
Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees
Laytons ETL—Alec Cameron
Laytons ETL appoints new partner and head of intellectual property disputes
NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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