Beazley expands cyber cover for AI malfunctions and regulatory risks Insurance FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions. Speaking to City AM, the speciality insurer’s head of cyber risks, Alessandro Lezzi, said the move comes as the firm sees “AI changing the threat [...]
Cyber insurers consider limiting coverage as sector scrambles to price agentic AI risks Insurance The cyber insurance market is facing a turbulent time as agentic AI hacks pose new challenges and threats. City AM understands underwriters and insurers are considering limiting coverage until they can quantify the risk this tech poses and price it. Cyber insurance has been a fruitful market over the past few years, with a spike [...]
Tech the only bright spot as job security fears climb to highest level since 2023 Business Job security for British workers has fallen to a three-and-a-half year low across all sectors other than IT and telecoms, according to new data from S&P Global’s UK consumer index. The findings, based on a panel of 1,500 UK households, show the level of job insecurity was at its highest since February 2023 as consumers continue to [...]
Big Technologies founder talks collapse as profits rebound from boardroom battle September 14, 2026 Big Technologies’ bitter battle with founder Sara Murray has flared up again after settlement talks collapsed, overshadowing a return to statutory profit and a raised outlook at the electronic monitoring group. The AIM-listed company said on Monday that mediated discussions with Murray had ended without an agreement, meaning it would continue pursuing legal proceedings against [...]
Fintech leaders still back the UK. Don’t make them regret it September 14, 2026 Fintech is one of the UK’s great success stories. But there is a danger in assuming it will remain that way, writes Nick Murray-Leslie.
Anthropic touts ‘strongest safeguards’ as AI warning dogs IPO push September 10, 2026 Anthropic has defended its safety record after an exiting researcher accused the AI behemoth of “gambling with our lives”, as scrutiny builds ahead of a possible IPO. The Claude maker said it has “some of the strongest safeguards in the industry” and has long been open about the risks posed by increasingly powerful AI. “We [...]
Could AI wipe out middle management? September 8, 2026 To actually make a difference, AI must tackle its problem's weakest link. For corporate structures, this could well mean middle management.
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]
Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit September 1, 2026 Interpath Advisory’s former chair will lead the City-headquartered, sustainability-focused consultancy Anthesis Group as its new chair, as its chief executive steps down. Tamara Box, previously City law firm Reed Smith‘s managing partner for Europe and the Middle East, is set to take on the new chair of Anthesis Group’s board of directors this week after [...]
City firms mandate phone and face-to-face comms bootcamps for Gen Z lawyers August 28, 2026 City Law firms are rolling out mandatory programmes to train their junior lawyers in communication skills, including how to speak on the phone and deal with clients in person. Addleshaw Goddard’s ‘early careers’ team introduced a training programme after identifying that some early-career lawyers “may have had limited exposure to a professional services environment and [...]