Jason Davies

Finance teams in the Lloyd’s market must adapt to increased oversight, focusing on data quality and expense management to support regulatory demands effectively.

Discover the hidden costs of poor financial data and learn how to enhance data quality for better reporting, compliance, and decision-making in your organization.

Explore how London Market insurers are migrating to the cloud to enhance efficiency, improve data management, and ensure operational resilience amidst evolving demands.

Explore how evolving cyber risks threaten financial services, emphasizing the need for operational resilience and integrated risk management strategies.

Explore how sustainable finance is transforming the UK's economy, shaping investment strategies, and addressing climate risks for long-term value creation.

Explore the FCA's 2026 regulatory priorities for the insurance sector, focusing on consumer outcomes, innovation, and simplified regulation to drive industry improvements.

Discover how the insurance finance function is evolving from compliance to transformation, driven by new skills, technology, and ESG reporting requirements.

Rebalance insurance finance MI by transforming data-heavy board reports into actionable insights for better decision-making and strategic oversight.

Discover how inflation volatility challenges traditional actuarial methods and the innovative strategies insurers can adopt to navigate this unpredictability effectively.

Get ready for CP19/24: Modernize data and reporting for UK insurers to enhance transparency, accuracy, and regulatory compliance. --- In this blog post, we delve into the Prudential Regulation Authority's (PRA) consultation paper CP19/24, released on December 11, 2024, which aims to close liquidity reporting gaps and streamline Standard Formula reporting for UK insurers. This regulatory update is more than just another compliance mandate; it’s a significant opportunity for finance and reporting professionals to reassess their data management practices, modernize systems, and prepare for future demands. Understanding CP19/24: What’s Changing and Why It Matters CP19/24 is part of the PRA’s broader efforts to simplify and strengthen regulatory reporting for UK insurers. Building on previous regulations, it introduces changes to templates, data requirements, and validation rules under Solvency II and related frameworks. The goal is to make reports more reliable and comparable across the industry by revising certain templates, removing