Commercial Lines articles – Page 68
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AnalysisNo sex please, we’re insurers
With sex-centric event organisers struggling to access insurance, insurers are being accused of turning their backs on the new breed of sex-related organisations
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AnalysisInsurers brace for claims as Storm Eunice batters UK
UK insurers put surge plans in place ahead of Storm Eunice hitting last week, but commentators agree that improved infrastructure resilience is the long-term answer as extreme weather events are on the up
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NewsStorm Eunice rips London O2 Arena’s roof off
The landmark’s roof is regularly used by the general public for scaling and abseiling
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IT InterviewOla Jacob: ‘Flying the flag’ for diversity and inclusion equals greater innovation
While the recruitment and retention of ethnic minorities has always been an issue for the insurance sector, FloodFlash’s broker success manager hopes to demonstrate that the industry does, in fact, have a place for everyone
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NewsAxa Commercial futureproofs motor fleet offering with EV edits
EV sales increased by 76% between 2020 and 2021, according to the insurer
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NewsCycle insurer Bikmo launches new bike shop insurance
The product aims to relieve the ‘uphill grind’ experienced by cycle retailers in finding ‘a comfortable insurance fit’, says commercial insurance manager
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NewsAxa UK and Ireland acquires renewal rights to Ageas UK’s commercial business
The deal aims to ‘further cement’ Axa’s commitment to the SME and schemes market segments, says chief executive
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NewsFloodFlash targets international expansion after $15m funding raise
The insurtech hopes to close the $58bn flood protection gap
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NewsRomero Group grows income by 14.3% in 2021 despite hard market
The broker has also helped to settle £13m in Covid-19 business interruption claims
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IT InterviewD&O and cyber liability insurance is ‘maturing’ amid hard market – JM Glendinning
New capacity in these markets could come from ‘nimble’ MGAs, however brokers must have ‘grown up’ conversations with clients to successfully manage expectations around higher premiums and reduced coverage, says broker boss
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NewsKP Snacks supply chain crunches to halt after ransomware attack
Law firm partner warns that ’even the largest of organisations can fall victim to ransomware attacks and all businesses – large or small – must remain vigilant to this threat’
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NewsArag and MGA ink deal to cover construction industry risks
The MGA sees this as a ‘significant opportunity’ to differentiate its proposition
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NewsUK cyber rates soar amid market challenges
The climb in rates is driven by an uptick in ransomware claims as well as insurers tightening cover rules
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NewsEncouraging survey reveals cyber insurance uptake on the rise
Survival is a ‘top priority’ for SMEs post-pandemic
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AnalysisLegal professional indemnity stresses push firms to consider their futures
Brokers must support law firms with risk management to battle professional indemnity claim threats and increasing premiums
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NewsSuperscript launches digital emerging risks insurance advisory
The insurtech aims to ’reduce the burden of insurance for businesses’
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NewsInsurtech receives ‘in principle’ approval for Lloyd’s syndicate in a box
The move supports the insurtech’s ambition to build a safety net for those that cannot access insurance easily
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NewsInsurance sector must ‘look calmly’ at the lessons learned from BI test case – John Glen
Economic secretary to the Treasury believes ‘brokers will play a crucial role in rebuilding consumer trust and developing clearly worded policies going forward’
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AnalysisAviva to accelerate regional broker investment and underwriting footprint expansion
The insurer tells Insurance Times its plans for mid-market broker investment and how it is tackling underinsurance
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NewsManifesto 2022: Business interruption insurance needs more clarity – Biba
Biba members have said that a 12-month indemnity period is not long enough
