Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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Regulation cost hinders London market innovation: Howden

Catrin Shi 8 February 2018

The cost of regulation is stifling innovation in the London market, Hyperion CEO David Howden told an audience at The Insurance Insider's Insider London event today.

Howden, who started his career as a marine broker at Alexander Howden in 1981, said the number of new, inventive start-ups in the London market had dropped dramatically since he joined the industry, and he felt the burden of regulation had had a part to play in that.

"There's not [many start-ups] going on...

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