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Breaking through the resistance: driving innovation across organisations
The success of the professional services sector over the past decades has been largely due to its flexibility and capacity to adapt to changing circumstances. Technological and organisational innovation has delivered consistent productivity growth within the City of London, and although it has slowed over the past decade according to the OBR, professional services have been the major beneficiaries of that long-term trend.
Electronic Trade Documents Bill: briefing note
The Electronic Trade Documents Bill concerns electronic documents used in trade and trade finance that are not considered capable of being (physically) possessed under English law. The aim of the Bill is “to have the same legal recognition and functionality as their paper counterparts”.
Kennedys responds to a call for views on software resilience for businesses and organisations
The ever-increasing use of digital technologies means that software resilience is crucial in preventing incidents such as the 2020 SolarWinds attack or the discovery of the Log4j vulnerability. While businesses and organisations have made significant progress to address cyber risks, this continues to be a threat to the wider UK economy and the rest of the world.
Change Is Coming for the Professions – It’s Time to Embrace It
This article contains statements, paraphrases and conclusions from Kennedys Fostering Innovation in Insurance panel, The Future of The Professions. The panel considered how the professions, insurance and law in particular, implement technology to remain relevant.
Cutting Through the Noise: Eliminating Inconsistency in Claims Handling
This article considers how ‘noise’ within the insurance and legal sector impacts the consistency and accuracy of the claims process, and the solutions available.
Mitigating future risk: anticipating reputational exposures in an ESG-conscious world
Reputational risk is an inevitable consequence of living in an interconnected society. It is also a commercial fact that reputation is critical to the viability of a company.
Should insurers embrace Big Tech or brace for Big Tech revolution?
The increasing presence of Big Tech in financial services has resulted in a rapid response from the UK’s legislative and regulatory bodies. This is largely driven by the UK Government’s stated desire to develop a pro-competition regime for digital markets. Here, we look at how the government and regulators have been responding to the rise of these tech giants and offer our views on how to navigate the increasing competitive pressures.
The role of noise in decision-making for insurance claims professionals
In this article, we will explore the concept of noise in the decision-making of insurance claims professionals and discuss the impact it has on the industry.
Kennedys launches competition with Kerala school to inspire next generation of ‘Future Innovators’
We are proud to have ended our ‘Fostering Innovation’ campaign on a high by inviting the next generation of trailblazers to share their ideas.
Personal Injury Brief: market insights – March 2023
A summary of key developments including upcoming changes to the Qualified One-Way Cost Shifting regime, the Ministry of Justice call for evidence on the discount rate in England & Wales, and takeaways from The American Congress of Rehabilitation Medicine conference.