Commercial Lines articles – Page 3
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News AnalysisBriefing: Is underinsurance onus pushed onto policyholders to address?
Strategic planning director says it is policyholders’ ‘responsibility’ to ascertain building valuation information to avoid underinsurance, but is there an implication that brokers are not doing enough here?
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NewsCowbell joins ABI to strengthen position in UK cyber market
’We are proud to join the ABI, alongside industry leaders, to strengthen the sector, foster greater trust and transparency and drive innovation forward,’ says senior vice president
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NewsAviva seeks to ‘improve connectivity’ with scheme broker partners in 2025
As the insurer looks to grow existing schemes via ‘transparent’ conversations with brokers, it also hunts for ‘nicheness’ in new opportunities – both inside and outside of underwriting
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NewsAviva appoints new group chief operating officer
The new appointee said he is ’feeling super excited and honoured to be taking on this next role at such an amazing business’
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NewsBMS snaps up ex-Howden Re director for leadership role
’I am thrilled to welcome her to the organisation and look forward to her contributions to reinsurance,’ says chief executive
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News AnalysisBriefing: Soaring EV sales spark new underwriting concerns over fire risks
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
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NewsAviva to launch new digital products and modularise eTraded commercial combined offering
The eTrading product update is designed to give brokers greater flexibility and increased confidence to place larger, more complex risks online, says SME and delegated authorities managing director
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NewsMGA warns that no win, no fee firms threaten insurers’ stability
’Without stricter regulation, these firms will continue to drive up costs, create unnecessary complexity and undermine consumer confidence,’ says claims director
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NewsAllianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
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NewsInsurtech launches agentic AI risk assessment tool
’With agentic risk digitisation, we have substantially increased the capability of our platform to digitise the highest complexity transactions,’ says chief operating officer
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NewsAI tops UK insurance risk index for 2025
’Being utterly nimble and embracing the change AI will bring is the only survival option,’ says global head of cyber and data
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NewsInsurance Times confirms five star insurers from 2025’s commercial and personal lines report
More than 850 UKGI brokers rated their commercial and personal lines insurer partners for 2025’s report
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NewsExtinction Rebellion warns insurers of ‘ecocide' legal action and continued disruption over fossil fuel ties
’It’s too late for incremental industry shifts or policy tweaks to dial down the focus and intensity of protests,’ says spokesperson
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NewsBiba urges insurers to address differential pricing in fair value warning
’It is vital that insurers ensure fair value and consistency in the provision and pricing of their products through each of their distribution channels,’ says manifesto
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NewsCFC expands £25M large line size cyber product with property damage
’There is increasing need for property damage cover as part of a cyber policy,’ says corporate cyber practice leader
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NewsInsurers awarded as London market claims performance at decade high – Gracechurch
’Many insurers are delivering what brokers and insureds need – responsiveness, expertise, with proactive communication,’ says managing director
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News AnalysisTechTalk: Is the cyber insurance world prepared for quantum computing?
’This is an incredibly complex area and the industry is going to have to spend a lot of time and energy to properly understand the risk factor that quantum may pose to business operations and security – and thus the impact on cyber insurance,’ says global head of cyber
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IT InterviewMike Latham: Verlingue UK targets ‘Better Future’ with three-year strategic plan
The family owned and run broker plans to ‘almost double in size in the UK’ using organic growth, but avoiding external hires where possible, says chief executive
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NewsBristol-based cyber insurance provider announces double promotion
’I am thrilled to announce these thoroughly deserved and significant promotions, which further reinforce our leadership team,’ says group chief executive
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NewsFlood Re inks new deal to boost resilience in Scotland
’Flood resilience isn’t just a technical term – it’s a lifeline for communities,’ says interim chief executive
