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RIMS Risk World 2025: Ray Ash on Financial Lines Trends, Economic Shifts, and Crypto Impact
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Andrea Wells from Insurance Journal reports from RIMS RiskWorld 2025, where she interviewed Ray Ash, EVP and Head of Financial Lines at Westfield Specialty. They discussed the latest changes in the risk management industry following the new administration's policies. Key topics include the economic impact of tariffs, the SEC's approach to digital assets and cryptocurrencies, and adjustments like retracting climate disclosure requirements. The conversation also touches on the Foreign Corrupt Practices Act and the potential effects of recent changes on investment vehicles, particularly private equity. With 42% of Q1 bankruptcies involving second-time filers, industry leaders are focusing on the evolving economic landscape and its impact on risk management strategies.
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