City of London Corporation to host inaugural Global Risk Summit convening the UK’s world-leading insurance industry

The City of London Corporation has today [11th December] announced that it will host its inaugural Global Risk Summit in London on 21 May 2025. 

The Global Risk Summit will showcase the strength of the London Market: its unparalleled access to risk capital, world-leading innovation and expertise in risk management and deep pools of talent and technology. 

The Summit will be part of an interactive, in-person week of engagements and events hosted across the City of London convening the insurance industry and risk owners from across the economy to share views on, and develop solutions, for the global risks affecting all boardrooms. As cutting-edge technology advances and global conflicts persist, the risks of AI, cyber security, geopolitics, sustainability and supply chain issues, will be considered in greater depth in terms of innovative solutions and opportunities. The Summit will assess the central role of the London Market and wider industry in addressing existing and emerging risks that businesses are facing worldwide. 

The City of London Corporation is proud to be supported by more than 20 partners across the risk value chain including insurers, re-insurers, brokers, trade associations, advisers and tech enablers. 

Policy Chairman of the City of London Corporation, Chris Hayward said: 

“The London Market contributes nearly £50 billion to the UK economy or 2% of total GDP, with almost three quarters of its income coming from overseas. To propel the Government’s mission to increase economic growth, the UK’s risk management expertise must be championed. Competition between global financial services hubs increases year by year and the City Corporation is committed to ensuring London maintains its leading position.” 

Lord Mayor of London, Alastair King said: 

“The Square Mile is home to the largest commercial and speciality risk market in the world, supporting clients globally. As countries balance the white heat of AI and wider technological advancement, it is mission critical that the UK leverages its expertise in risk management to reinforce Britain’s position at the vanguard of global insurance and reinsurance.” 

Chair of the City of London Corporation Insurance Steering Board, Councillor Jason Groves, said: 

“The Global Risk Summit seeks to reinforce London’s position as the premier global risk centre. At a time where risks are more interconnected than ever, the summit will bring together leaders across the industry to demonstrate the innovative and unique solutions being delivered by the London Market. Risk Week will be an opportunity for the sector to showcase how London is addressing this wide range of risks to a global audience.” 

ENDS 

Notes to editors 

The Global Risk Summit will be invitation only. For more information and to register interest, visit: https://www.theglobalcity.uk/industries/insurance/global-risk-summit

 The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk