Latest News – Page 202
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BrokerFest 2023: Panellists set to discuss broker skill set required to support today’s commercial clients
Industry experts will clarify practical ways brokers can assist commercial clients amid the UK’s recessionary environment because ‘the role of the broker has never been more important’
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Insurance salaries struggling to keep up with inflation
Insurance risk manager salaries were up in London, while claims managers’ average salaries fell
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Timing of car insurance renewal alters premium costs ‘significantly’ – Forbes Advisor
Changes in costs can be due to issues of timing or risk, says motor insurance spokesperson
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BrokerFest 2023: The Clear Group, KPMG and Consumer Intelligence to discuss navigating macroeconomic trends at one-day event
Expert panel will talk through the implications on the insurance sector of the cost of living crisis, inflation, Consumer Duty and building resilience in closing keynote
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Lessons from Hurricane Ian can enhance UK resilience - Aon
Ground floor flood vents can play an important role in mitigating flood damage, for example
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AI has ‘enormous potential benefits’ for insurance but regulators should target ‘safe and responsible adoption’ – Kennedys
‘Balancing the excitement of the potential of AI with the cutting edge associated risks is crucial’, says head of innovation
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Allianz plans to work ‘incredibly hard with broker partners to deal with’ underinsurance
’Underinsurance is a serious problem and every broker I speak to understands that’, says chief executive
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West End theatre group to sue Allianz over alleged BI failure
It is one of a series of Covid-19 BI claims arising from the pandemic lockdown when businesses were forced to shut
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BrokerFest 2023: Expert panel to highlight commercial opportunities around embedding sustainability practices
An insurer, broker and risk management expert will talk on sustainability subjects such as reporting requirements, risk appetite and the impact of ESG awareness on placements
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School creates AI-based method to terminate proxy discrimination in insurance pricing
If the school’s approach is adopted, insurers will be required to collect data on protected characteristics, which ‘raises privacy concerns’, says expert
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Allianz Holdings posts UK COR of 99.2% for 2022
Combined revenue for the insurer’s UK businesses reached £5.6bn in 2022, its financial results showed
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Brokers boost small business lending to £45bn in 2022 – NACFB
The insurance cohort has ‘firmly stepped’ into the role of a ‘modern day bank manager’, says association chair
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Car and motorcycle insurance drove 2,769 new complaints in 2022’s Q3 - FOS
Insurers must be careful when handling motor claims and ‘do more to close the expectation gap’, says Insurance DataLab co-founder
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Customers’ ages can pose communication challenge for insurers and brokers
Expert panel discussed the ongoing challenges surrounding the age of customers and the use of digital touchpoints in insurance based on key findings from Sollers Consulting’s latest research
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Ransomware could be ‘potential wrecking ball’ for businesses amid Royal Mail $80m ransom
Reports suggest that Royal Mail has refused to pay the ransom
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Brits' confidence in overseas travel renewed as policy sales increase – World Nomads
The insurer’s insights reflect that UK travellers have ‘well and truly cast the shackles off post-pandemic’, says general manager
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Supply chain risk demands businesses’ full attention – Chubb
‘Robust risk management and business resilience strategies are critical to future-proofing supply chains,’ says co-author
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GRP purchases commercial broker to cover underserved locations
The business, which will join the firm’s retail division, has served insurance consumers since 1967
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Biba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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BrokerFest 2023: FCA set to address fair value assessments and Consumer Duty at 2023 event
The one-day, London-based conference will kick-start with a detailed discussion on regulation