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Regulation: the real catalyst for innovation? with Nico Berry

Georgie Simister
Georgie Simister27 Oct 2025

In this episode of Insurance Technology: Fact or Fiction?, host Georgie Simister is joined by Nico Berry, corporate partner at global law firm Norton Rose Fulbright, to examine whether regulation is truly an obstacle to innovation in insurance.

Regulation: the real catalyst for innovation? Artificial podcast with Nico Berry

Nico draws on his two decades of experience in corporate and regulatory law to argue that, far from stifling progress, legal frameworks often create the clarity and confidence needed for innovation to thrive. He shares examples such as Lloyd’s of London’s early approach to insuring digital assets, showing how proactive regulatory guidance helped the market embrace emerging technologies safely and effectively.

The conversation also explores how insurers and insurtechs can balance speed with compliance when adopting new technologies like AI. Nico discusses the FCA and PRA’s principles-based approach, which encourages innovation while maintaining consumer protection. He highlights that perceived barriers often stem not from regulation itself but from risk appetite and governance within firms. Listeners can expect an informed and pragmatic discussion that reframes regulation as a driver, not a deterrent, of progress in an evolving insurance landscape.

Listen now:

Spotify

Apple

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