As risk professionals descended on Airmic 2025, one industry leader called out two critical challenges facing the sector: the sustainability of pricing in property and casualty (P&C) and the growing urgency of tackling cyber risk.
“The biggest conversations focussed on the long-term sustainability of pricing in P&C, and how risk managers can deliver greater strategic value to their organisations,” said Tom Draper, UK managing director at Coalition, talking to AIRMIC Today.
It’s a timely focus. With continued hardening in P&C lines and increasing pressure on risk professionals to justify their spend, Draper noted that the value discussion was front and centre for clients: “One top concern right now is demonstrating value amid a rapidly evolving pricing landscape in the P&C market,” he explained. “For brokers and risk managers alike, the challenge lies in clearly showcasing the long-term benefits of their work to stakeholders.”
This year, however, there’s another, perhaps louder, topic competed for attention: the explosion in cyber-crime – particularly ransomware.
“Cyber risk can feel complicated, but it’s not inherently complex”
“In light of the…
