Jon Guy
NewsUK businesses confident about trade credit resilience – but research results show different conclusion
A new report from broker Marsh confirms that although UK companies are optimistic about their ability to weather trade credit risks, the majority have experienced late payments, or had to write off bad debt
NewsPRA sets out vision for UK captive regime ahead of consultation
The UK’s proposed captive regime is moving from concept towards consultation, with the PRA signalling a focus on simplicity, proportionality and commercial viability
News AnalysisBriefing: Brokers are feeling the AI pain as questions come thick and fast
While AI is heralded as one of the largest developments in work since the industrial revolution, one unintended consequence of consumer access is causing confusion for brokers
NewsLloyd’s working to deliver greater clarity on cyber cover
’It is about clarity for the policyholders. We will lean heavily on the LMA as this is wording related,’ says chief of market performance
AnalysisBriefing: Adjuster’s plea may leave marine sector all at sea
The marine hull market has so far relied on rules originally introduced in the 1890s, but portions of these are probably due a refresh
NewsUK businesses fear cyber risk surge amid a ‘complex web’ of interconnected risks – Marsh
To combat greater interconnectivity of risks, organisations are ‘shifting from siloed risk programmes to scenario‑based planning and integrated frameworks that combine technical controls, people and process,’ says broker’s chief executive for UK corporate and commercial
News AnalysisBriefing: Cyber debate must be top of conference agenda as regulation looms
Government has made it clear that it sees the insurance industry as central to its cyber resilience plans, so the insurance industry must respond
News AnalysisCharities urged to maintain cover as risks and demand increase
’A broad range of challenges over the last few years has affected the whole economy, but organisations operating in the third sector have faced a particularly distinct and demanding set of circumstances,’ says broker spokesperson
News AnalysisBriefing: Ex-Lloyd’s chief executive still to find a home after AIG split
Former Lloyd’s leader has showcased inconsistency in career prospects after declining Aon and AIG advances – but what is the reasoning behind this and what could be next for Neal?
NewsFraud fight on a knife edge as technology presents serious challenges
’We are seeing fraudsters becoming more strategic,’ says head
NewsBank of England boss tells insurers to ‘light the blue touchpaper’ and innovate
’Looking ahead, we want our commitment to innovation and competitiveness to be increasingly clear,’ says director
NewsCompare the Market boss gives update on Motor Insurance Taskforce
’It is not popular and we understand that these proposals will require decisions which go across two government departments,’ says chief executive
News AnalysisBriefing: Lloyd’s in climate crosshairs as campaigners call for fossil fuel exit
Although passionate protestors declare that Lloyd’s of London is ‘condemning us all to a future of climate chaos’ by insuring fossil fuel projects, there is still a waiting game to be played as the renewable energy sector attempts to gain critical mass
News AnalysisBriefing: Can the insurance sector take a leap of faith to deliver fraud strategy?
The insurance industry has always been extremely reluctant to share data, creating a challenge for the IFB’s bold new strategy
News AnalysisBriefing: Protection gap warning poses real questions for UKGI
Although some regulators and clients may question the role of insurance brokers, trade organisation emphasises that ‘specialty brokers are the connective tissue of the global insurance market’
News AnalysisBriefing: Uninsured driving shows no signs of hitting the brakes
The stats are quickly adding up that British motorists are being tempted by uninsured driving – a prevalent issue that the industry must collaborate on and stamp out
NewsAI will redefine marine insurance – IUMI’s Khanna
’As an industry, we need to keep pace with this change, or we run the risk of being left behind,’ says data and digitalisation chair
AnalysisBriefing: Winds of change blow in Monaco, but have reinsurers really gone soft?
Will reinsurers move back to assuming broader treaty risks, or will insurers have to place their programmes on a class by class basis?
News AnalysisBriefing: Insurers set to feel the heat as climate fires new risks for UK
‘Wildfires are no longer a seasonal threat. They are a persistent and growing risk to life, property and the environment,’ says membership association chair
News AnalysisBriefing: Climate risk places insurers on increasingly shaky ground
Although insurers remain wary of subsidence claim surges over the British summertime, certain types of subsidence claims could pose a reputational risk depending on their cause
