Too big to fail?

The Old Library, Lloyd's
Monday, 02 July 2018
3:00 pm – 6:00 pm (UK time)

A joint conference offered by the Insurance Institute of London and the British Insurance Law Association.

The collapse of the construction and outsourcing giant Carillion hit the headlines earlier this year. This, coupled with other regular news stories of data breaches and misuse of personal information on a seemingly industrial scale, raise the spectre of systemic issues that have the potential severely to disrupt commercial life. In an era of ever greater inter-connectivity, can financial institutions, companies or infrastructure ever be 'Too big to fail'? And when things do go wrong, what is the role of insurance?

Join us for a discussion on the insurance, legal and regulatory issues involved when the 'Too big to fail', do fail.

Dame Elizabeth Gloster, former Lady Justice of Appeal, now arbitrator at One Essex Court and Sean McGovern, Chief Compliance Officer, Head of Regulatory & Government Affairs, XL Catlin, have kindly agreed to chair the conference.

The event will be divided into three panel sessions:

Corporate failure - Chair: Dame Elizabeth Gloster

  • Mike Jervis, PwC Partner, Administrator of Lehman and Special Manager or Carillion
  • Peter MacDonald-Eggers QC, 7 King's Bench Walk
  • David Chadwick, Partner, Kennedys LLP
  • Richard Eveleigh, Innovation Leader, AIG, Financial Lines UK
  • David Pollard, Wilberforce Chambers

Infrastructure failure - Chair: Dame Elizabeth Gloster

  • Caroline Dunn, Head of Class of Business, Lloyd's
  • Adam Robb QC, 39 Essex Chambers
  • Jonathan Clark, Head of Business Solutions Claims, SCOR Global P&C, Deputy President, CII
  • Julia Graham, Deputy CEO and Technical Director of Airmic

Financial services failure - Chair: Sean McGovern

  • Julian Adams, Group Regulatory & Government Relations Director, Prudential PLC and formerly Executive Director of Insurance Supervision at the Bank of England
  • Professor Rosa Lastra, Professor in International Financial and Monetary Law at the Centre for Commercial Law Studies, Queen Mary University of London
  • Chris Newby, Chief Operating Officer and General Counsel EMEA at AIG

By the end of this three hour session delegates would have gained an insight into:

  • The insurance, legal and regulatory issues involved when the 'Too big to fail', do fail specifically
  • Corporate failure
  • Infrastructure failure and
  • Financial services failure

This event will be followed by a roof garden drinks reception, kindly sponsored by Browne Jacobson LLP at 6 Bevis Marks.

Session rates:

IIL & BILA members: £75 - please register here.

Non-members: £95.

For more information, please visit the BILA website -

  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

3 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at