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
Bell Yard Kysen—Liz Giles
Bell Yard Kysen appoints senior legal PR and ex-government communications adviser, Liz Giles
Clarke Willmott—Lee Edwards
Clarke Willmott boosts Southampton commercial property team with addition of partner Lee Edwards
Lime Solicitors—four promotions
Lime Solicitors announces four promotions
NEWS
The Attorney General, Ellie Reeves KC MP, and Solicitor General, Andy Slaughter KC MP, marked the 25th anniversary of Pro Bono Week by joining lawyers, charities, students and parliamentarians at events celebrating voluntary legal work
Witness evidence can be compromised by AI before a solicitor sees the draft, leaving safeguards focused on authorship incomplete
Possession claims are entering a new digital era, with procedural traps awaiting practitioners who assume familiar rules still govern every step
A polished legal defence may owe more to artificial intelligence than legal merit—and creditors risk paying the price in delay and expense
An indemnity costs battle with a £20m gap could reopen an important question: what weight should an approved budget carry?
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