New European AI law to impact insurance and banking & more…Keep up with what has been happening this week in our latest IP news round-up…

Hymans Robertson appoints new Head of Corporate Consulting

Hymans Robertson has appointed Leonard Bowman to the role of Head of Corporate Consulting across the pensions market. In this newly created role he will be focused on ensuring Hymans Robertson’s strategy is joined up and coordinated across its corporate clients, helping them to navigate the increasingly complex array of choices they face for their schemes.

New European AI law to impact insurance and banking

The insurance and banking sectors will be required to carry out an impact assessment to ensure their use and development of artificial intelligence (AI) protects fundamental rights across Europe.

BW Risk Transfer team spotlighted at the InsuranceERM Awards

Our advisory role in the first ever superfund transaction saw our efforts spotlighted with the ‘Pension risk transfer innovation of the year’ award in the 2024 InsuranceERM Awards.

Montoux launches Model Copilot to enhance documentation and governance

Montoux, a provider of AI and actuarial modelling technology has launched Model Copilot, a generative AI copilot designed specifically for actuaries to transform actuarial work by automating the most time-consuming aspects of model documentation and governance.

Pension providers accused of “inadequate” climate plans

Only three UK pension providers have “adequate” climate transition plans, and providers are risking billions of pounds by not phasing out finance for fossil fuels or tackling deforestation, according to campaigners.

IFoA calls for Government to prioritise future generations

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