Exploring the Insurance Sector’s Role as the City’s Economic Engine

Join the Financial Services Group (FSG) of Livery Companies for a high-level briefing on the current trajectory of the UK’s financial landscape. This session focuses on the critical role of the Risk and Protection sectors—the essential "oil" ensuring the City’s economic engine operates at peak efficiency.

The City of London’s recent benchmarking report, Our Global Offer to Business 2026 , underscores the massive scale of our sector:
● National Impact: Finance and Professional Services contribute £307 billion annually to the UK economy.
● GDP Contribution: This represents 12% of total UK GDP .
● Sector Dominance: Supporting data from the London Market Group (LMG) reveals that the London specialty insurance market now accounts for 37% of the City of London’s GDP , a significant increase from 23% in 2018.

Keynote speaker
Graham Walsh, Director of Campaigns, London Market Group (LMG)
Graham Walsh brings extensive expertise in (re)insurance modelling and policy, having previously served in the insurance strategy team at Deloitte and as the cyber insurance policy lead at the ABI .

During this session, he will:
● Highlight the sector's evolution and key achievements over the past decade.
● Identify the tailwinds driving continued growth and the cautionary headwinds to monitor.
● Provide an exclusive preview of the inaugural London Risk Week, scheduled for the week of 11th May.

The WCI is an active menber of the FSG which represents 16 Livery Companies dedicated to supporting the financial and business services sector. It works in co-ordination with the Lady/Lord Mayor and the City of London Corporation to promote the City's global interests.