ESG – Page 16
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IT InterviewWilliam Cooper: Stanhope Cooper seeks investment to get greater ‘buy-in from insurers’
Managing director believes that private equity funding or investment from a larger broker is ‘inevitable’ and will help facilitate growth across three business segments
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NewsMarsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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NewsCrawford and Company allows UK employees to adjust bank holiday time off
The loss adjuster’s UK and Ireland president says staff can now swap time off for bank holidays based on what suits them best - be it Eid al-Fitr or Easter
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NewsEuropean windstorms caused £3,142m in insurance industry losses – Perils
The firm’s latest estimate would make the February storms the largest European windstorm loss since January 2007
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NewsThunderstorms on the horizon heighten risk of flash flooding – Ecclesiastical
Insureds need to prepare for flash flooding as it can be quick and ‘hard to predict’, says risk management director
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NewsDrought to cause mayhem for UK insurers
Insurers should brace for weather-related claims as temperatures soar and drought is officially declared across parts of England
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AnalysisThe Big Question September 2022: Do brokers need a formal qualification to advise clients?
Following a CII group’s call for action that mandatory qualifications or a minimum number of years’ experience should be introduced in order for brokers to advise clients, industry experts share their opinions…
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AnalysisWhat does an effective response to the threat of systemic risks look like?
The public expects ’insurers to lean into the challenges posed’ by systemic risks and work to develop solutions, says ABI’s director of GI policy
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NewsInsurers prioritising talent attraction and retention action amid economic strife – CII
Insurance professionals are prioritising the implementation of flexible working as the institute’s interim chief executive says that caring for staff ‘wellbeing’ is ‘key’
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NewsSuccess in the future of insurance requires shift in underwriting roles – CII
Firms’ top and bottom lines will be dented, alongside staff headcount, if adaptation to the changing skillset climate is not achieved
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IT InterviewAventum flaunts independent status to attract talent amid consolidation landscape
Wholesale broker and parent firm attribute ‘phenomenal growth’ to attracting the right talent and building ‘a really good culture’ based on steering clear of consolidation
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IT InterviewMGA Q&A: Brokers should partner with MGAs that have UK domiciled, rated capacity - Iprism Underwriting
Ian Lloyd, chief executive of Iprism Underwriting, provides an overview of the factors impacting MGAs today and explains what his firm has been up to over the last 12 months
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NewsElectric vehicle increase strikes fear into motor industry and its supply chains
Insurers need to ‘fundamentally change how they price, underwrite, insure and service’ electric vehicles, says credit hire firm managing director
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NewsMarkerstudy’s BGL Insurance creates 100 ‘hybrid’ contact centre jobs
The new hires form part of a planned growth trajectory following its acquisition by Markerstudy
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NewsInsurers brace for ‘inevitable’ claims following forest fires
Greater cross-sector collaboration is needed to ’more accurately assess, map and manage the risks’ as wildfires are ’no longer just an issue for faraway countries’, says property loss expert
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AnalysisUptick in livestock disease claims leads to farmer losses and increased insurer costs
It is pivotal that brokers have meaningful conversations with agricultural clients to ensure they understand farming’s operational risks
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NewsMarkerstudy Group inks deal with Future First to promote insurance careers
The broker has a wider group commitment to support young talent
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NewsPoor management of climate risks could lead to D&O and E&O claims – Kennedys
Environmental and climate risks can impact ‘all types of insurance policies’ because they are ‘a constant, growing concern’, says law firm partner
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NewsFlood Re reports £46m in GWP for 12 months to March 2022
The government-backed scheme hopes to build on the success of its ’Build Back Better’ initiative in the coming year
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IT InterviewInsurance sector – especially brokers – must lead ‘stewardship’ of net zero transitions
Although data forms the foundation of driving net zero transitions, brokers have an ‘elevated role’ to play when communicating propositions to clients, according to Accenture’s experts
