Emerging risk in the UK insurance context encompasses new or evolving exposures such as climate transition risk, supply‑chain fragility, AI liability, geopolitical instability, and shifting litigation behaviour that are not yet fully captured in historic data or traditional models. Risk, underwriting, and strategy teams collaborate to identify and monitor these developments through horizon scanning, scenario analysis, and pilot products, aiming to protect the balance sheet while creating new, relevant propositions for clients in a rapidly changing environment.
It is about bringing the talent, data and technology together
AXA XL highlights untested frameworks and emerging risks
Claims outlook hinges on expansion beyond Big Tech and evolving legal definitions
AI-driven attacks, data theft and online asset losses are increasing in complexity and exposing gaps in expertise and coverage
From New York to Sydney, brokers are being pushed to rethink terrorism renewals
