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The economics of market risk capital have fundamentally changed following major regulatory adjustments across the US, Europe and the UK.

The recalibrated Fundamental Review of the Trading Book – Internal Models Approach (FRTB-IMA) framework introduces a more pragmatic regulatory environment, reducing previous barriers while creating new opportunities for banks to optimise capital, modernise risk infrastructure and strengthen internal modelling capabilities.

Inside the briefing:

  • FRTB-IMA Regulatory Changes : Understand how new rules are reshaping market risk capital requirements.
  • Updated Compliance Thresholds : Explore changes to PLAT, RFET, modelling rules and capital floors.
  • Modelling Flexibility : Learn how banks can combine full revaluation and Greeks-based approaches.
  • Global Implementation Timeline : Review key FRTB-IMA milestones across the EU, US and UK.
  • Operational Challenges : Identify risks around data architecture, desk permissions and cross-border compliance.
  • Capital Optimisation Opportunities : Discover how recalibration can improve efficiency and Return on Equity.
  • Preparing for Implementation : Understand the governance, testing and transformation needed for successful adoption.

The MGA market continues to expand rapidly as new operating models, capital sources, technology and distribution strategies reshape the insurance landscape.

This Sheffield Haworth review examines the structure and continued rise of Managing General Agents, with a particular focus on the UK and London market.

The continued growth and evolution of the global and UK MGA market

The different models shaping the sector, including Consolidators, Incubators, Broker MGAs and Carrier MGAs

How MGAs are developing across different insurance lines and specialist markets

The role of hybrid fronting, private equity, venture capital and other sources of capacity

Increasing regulatory attention around delegated authority, processes and data integrity

The insurance market continues to evolve as leadership changes, M&A, technology, shifting market conditions and new operating models reshape executive talent requirements across the sector.

This review examines senior talent movement across the UK and London insurance market in 2025 and considers the key trends expected to influence hiring, leadership and organisational change in 2026.

How leadership changes, CEO tenure and evolving corporate strategies are influencing executive movement

The impact of M&A, IPO activity and organisational transformation on leadership team

How AI, digitalisation and portfolio underwriting are changing the skills insurers need

The implications of softening market conditions and increased pressure on efficiency and headcount

Continued growth across the MGA sector and demand for entrepreneurial underwriting talent

Key hiring and talent trends expected to shape the London insurance market through 2026

Political Violence & Terrorism is becoming an increasingly important and complex area of the insurance market as geopolitical risks, civil unrest and evolving threats create new challenges for insurers and clients.

This Sheffield Haworth perspective explores the evolution of Crisis Management insurance, the risks it covers, the specialist skills required from underwriters and where talent is moving across the market.

The three core areas of Crisis Management: Strikes, Riots & Civil Commotion; Sabotage & Terrorism; and Active Assailant

The geopolitical insight, structural discipline and judgement required from specialist PV&T underwriters

Where talent is moving across carriers, MGAs, reinsurers, brokers and claims teams

How digital infrastructure, AI underwriting and open-source intelligence are changing risk evaluation

Why geographical differences and evolving threats are increasing demand for bespoke insurance solutions

Hiring across global infrastructure remained active in H1 2026, but increasingly selective. Firms continued to invest in experienced professionals who can support deployment, fundraising and platform growth, with demand concentrated around digital infrastructure, energy transition, infrastructure debt, secondaries and capital formation.

Across North America, Europe, the Middle East and APAC, our H1 report covers:

– Why infrastructure hiring remains active, but increasingly selective

– How digital infrastructure, energy transition and infrastructure debt are shaping talent demand

– Why infrastructure secondaries are becoming a more important growth and hiring theme

– How managers are strengthening capital raising, investor relations and product specialist capabilities

– Why local market expertise and an on-the-ground presence are becoming increasingly important

H1 selected people moves across investments and IR/distribution are inside. Read the full report via the button below or reach out to our Managing Director and Head of Infrastructure, Nick Sehmer.

Momentum is continuing to build across the ESG and Responsible Investment hiring market. Q2 brought a clear increase in junior-to-mid-level activity, alongside growing demand for professionals who can combine ESG expertise with quantitative, data and AI capabilities.

Across public markets, real estate, infrastructure, private credit and private equity, our Q2 review covers:

– How AI is helping ESG teams improve reporting, data collection and efficiency
– Why climate-transition infrastructure is attracting renewed interest
– How private credit is expanding ESG capability
– Why established ESG and SDG strategies are continuing to attract capital
– How growing optimism around impact investing is creating new career opportunities

Q2 selected people moves are inside. Read the full review via the button below or reach out to our expert Tom Eagar.

The FCA’s final rules bring cryptoasset activity within the UK regulatory perimeter, creating important implications for investment banks, asset managers, custodians, trading venues and other institutional firms active in digital assets.

This briefing sets out what firms need to understand ahead of the authorisation window, including where the regime applies, how the timetable affects planning, and what governance, compliance and risk changes may be required before the October 2027 go-live date.

Inside the briefing:

  • Which cryptoasset activities are now in scope
  • Key dates for pre-application support, authorisation and implementation
  • Implications for custody, tokenisation, stablecoins and cross-border activity
  • How CRYPTOPRU interacts with MIFIDPRU for investment firms
  • Upcoming regulatory milestones and areas still under consultation
  • Practical steps firms can take across compliance, risk, operating model and leadership readiness

Key date: Authorisation will be required for in-scope activity from 25 October 2027.

New research confirms what many organisations learn too late: leadership transitions fail not because of capability gaps, but because of culture, politics and people. With 40–60% of executives struggling or failing within 18 months, and the majority reporting they felt unprepared stepping into a new role, the cost of getting this wrong is significant – and measurable. In this whitepaper, Sheffield Haworth and Barber Carter explore why the first 90–180 days are make-or-break, where organisations are currently under-investing, and how purpose-built executive coaching changes the odds.

Defence is being rewritten in digital services. As governments and primes accelerate digital transformation, the consultancies that win will be defined less by technology or funding than by the calibre of the people leading them. In our 2026 report, Sheffield Haworth examines the leadership trends shaping defence digital services, and what it takes to build teams that can bridge digital innovation, defence credibility and operational execution.
Drawing on our CxO and board-level networks across technology, defence and adjacent markets, we set out where leadership demand is heading, the shifts every scaling business should plan for, and the practical moves that separate the firms that scale from those that stall.

Four shifts that will shape leadership demand. One clear view on how to get ahead of them.

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