Everything you need to know to navigate the financial institution insurance market in ≈ 5 minutes per week. Delivered on Fridays.
After 85 straight weeks, we thank you!
Your Friday FiveWe'll keep this short. Heading into the weekend, we wanted to say thank you. This week marks our 85th straight week of writing these Boardroom Briefings. Many of you have been with us since the beginning, when we were still finding our footing. Now there’s nearly 2,500 insurance and financial services professionals reading weekly. It’s humbling, to say the least. Since the beginning, we’ve had one mission: to be valuable. We know you’re busy. We know you don't have time to read everything you should about the global insurance markets. For 85 straight weeks now, we’ve tried to make it a bit easier for you. If you have a few quiet minutes between helpings of left overs, we've curated three of our most popular deep-dives from this year.
Worth Reading Over the Long WeekendHere is a bit more context on why these three pieces mattered most to our readers this year. No news cycle urgency. Just foundational thinking worth revisiting. How a "Cyber Hurricane" Breaks the Insurance Model in 24 Hours: Nuclear Verdicts: How Lawyers Are Gaming Juries: The CFO's No-BS Guide to Financial Institution Insurance: We're London Bound Next Week!As many of you know, we do about a third of our business in London and have for the last decade. Next week, the Briefing comes to you from the City of London. We’ll be meeting with many of our long-time trading partners and the syndicates that support our LION Lloyd’s program for US regional and mutual insurers, MGAs, and insurtech companies. We’re also doing something special: taking one of our clients on their first tour of Lloyd's! There is nothing quite like seeing the Underwriting Room in person. And standing in front of the Lutine Bell! We’ll be back to our regular edition next week. Until then, we’ll see some of you next week in the London market! Want to share this edition via text, email or social media? Simply copy-and-paste the link below: http://lionspecialty.kit.com/posts/after-85-straight-weeks-we-thank-you And if this briefing was forwarded to you, subscribe directly here. Stay Covered, Natasha & Mark Co-Founders and Managing Partners LION Specialty P.S. — If there's a topic you want us to tackle in the new year, just reply. We read every response. |
LION Specialty
Everything you need to know to navigate the financial institution insurance market in ≈ 5 minutes per week. Delivered on Fridays.
Reading time: 5 minutes Your Friday Five Every Friday we distill 200+ insurance, legal, and market-risk articles into three signals your board may need for its Monday briefing. Three developments caught our attention this week: OpenAI terminated its analytics vendor after a breach exposed customer data - a reminder that your third-party risk is your first-party problem. President Trump announced and signed a "One Rule" Executive Order seeking to preempt state AI regulations. We break down...
Reading Time: 3 Minutes The LION Lloyd's Program for US Insurance Operations Standard insurance policies aren't written for claims. They're written for arguments. Most FI policies run 150-200 pages of deliberate ambiguity - language designed so lawyers can debate meanings, not so coverage responds clearly. We've reviewed hundreds of these policies over two decades. The pattern is consistent: critical terms buried in endorsements, exclusions that contradict coverage grants, and provisions that...
Reading time: 5 minutes Your Friday Five Every week we distill 200+ insurance, legal, and market-risk articles into signals your board needs to know. Three that caught our attention this week: Florida's insurance commissioner filed bills that will require humans in the loop for carriers using AI to decide claim denials. We summarized the best podcast of the past 30 days in our space from Lowenstein Sandle on New York courts raising the bar for claims handling documentation. Manulife committed...