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

Protection advisers under 30 report worries about AI use in claims

Protection advisers under 30 report worries about AI use in claims

More concerned about AI used in claims than underwriting

Jaskeet Briah
clock 30 March 2026 • 2 min read
Where next for protection underwriting and customer service?

Where next for protection underwriting and customer service?

Vital that clients are kept informed

Naomi Greatorex
clock 25 March 2026 • 3 min read
What the protection market study findings mean for advisers

What the protection market study findings mean for advisers

'There are some issues the FCA would like to tackle'

Sandy McGregor
clock 17 March 2026 • 5 min read