’As humans, we do not naturally like going to that worst case scenario and so when an event as devastating as this occurs, it is often a wakeup call,’ says managing director
With the threat of wildfires spreading globally, industry experts tell Insurance Times what the risks are to properties in rural urban interfaces and HNW structures in the UK if the industry is unprepared
‘London boroughs, for example, are facing an emergency situation with soaring costs for temporary accommodation,’ says private clients account executive
The situation in the Middle East proves that appearances can be deceiving, with the complexity of today’s risks still clearly keeping the insurance industry on its toes – or the back foot
Marek Coghill, detective inspector at the City of London Police’s Insurance Fraud Enforcement Department, details the unit’s latest intensification activity against ghost broking
‘It’s never been easier to get ideas at low cost in front of customers and get feedback quickly,’ says chief product officer
’While the RTA claims car park for personal injury has been significantly reduced over recent years, the nature and type of those accidents is going to continue to evolve and keep presenting new challenges,’ says law firm’s chief executive
Insurance Times speaks to the trade body’s directors of claims and underwriting, who have spent more than two decades between them at the International Underwriting Association – and have no plans to leave.
’Fraudsters are using AI in the same way that we are looking to use it within our organisations, such as for reconnaissance, target identification and research – the world of AI fraud is moving very quickly and is going to be a challenge for us,’ says director