Niall Guinan

Sep 2, 2024 | lexology.com | James Grennan |Laura Mulleady |Sinead Lynch |Niall Guinan

In this article, we look at how the Prudential Regulation Authority and the Financial Conduct Authority have embedded the CGO in the UK and consider potential lessons for Ireland in terms of the growth of our insurance industry. Since June 2023, UK law has required the Prudential Regulation Authority (the PRA) and the Financial Conduct Authority (the FCA) to advance a “competitiveness and growth objective” (the CGO).

Aug 7, 2024 | lexology.com | Laura Mulleady |Niall Guinan |Sinead Lynch

The European Union’s Artificial Intelligence Act (AI Act) entered into force on 1 August 2024 and will become effective in phases over the next 24 to 36 months. As has been widely reported, it will have an enormous impact on a whole range of sectors, but arguably few more so than the insurance sector. In this article, we have considered how the AI Act will impact insurers and what needs to be done now to prepare for gradual implementation. What’s special about insurers?

Oct 4, 2023 | lexology.com | Laura Mulleady |Niall Guinan

A series of devastating environmental catastrophes in Europe and across the globe in the summer of 2023 has further demonstrated the growing urgency to get on top of the climate crisis.