Risk Management – Page 10
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NewsEcclesiastical sounds alarm on growing subsidence risk
’We expect the volume of subsidence claims to rise over time as weather conditions get warmer,’ says claims director
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NewsUK accounts for 40% of European phone theft claims
‘London is especially vulnerable and the UK now leads Europe in phone theft claims,’ says managing director
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NewsMNK Group appoints new group executive managing director for risk and regulation
’I look forward to embedding governance and robust risk management as a strategic asset and helping the group scale with resilience, integrity and purpose,’ says appointee
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NewsCost of living crisis ranked as biggest threat to SMEs
Despite a slight decline in concern, SMEs have once again rated the cost of living crisis as the biggest threat to their continued operation
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NewsUK and global commercial insurance rates continue to fall
‘Mounting competition among insurers with ambitious growth targets is providing reduced pricing and broader coverage options,’ says president of global placement
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NewsIUA calls for strong regulatory framework for automated aviation
’A clear and enforceable regulatory regime will help mitigate risks and support the development of insurance products,’ says director of underwriting
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NewsSupply chain risks leaving UK construction firms exposed
‘The confluence of global supply chain disruptions, rising material costs, labour shortages and sustainability goals present a complex risk landscape for the UK construction sector,’ says portfolio manager
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News AnalysisLatest FCA complaints data reveals drop in motor-related disputes
Motor insurance – the second most complained about product covered by the FCA – saw a drop of 22,000 complaints lodged in the second half of 2024, reversing a trend of increasing complaints
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NewsAnd-e advances expertise in autonomous vehicle insurance
’The initiative underscores the positive impact that autonomous mobility will have on daily life,’ says chief executive
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WebinarWatch: 2025 eTrading report webinar in association with Aviva
In this webinar, sponsored by Aviva and based on findings from the Insurance Times eTrading report, panellists discussed how eTrading is becoming a more bespoke proposition, what this change looks like, how eTrading products are transforming to be fit for the future and how eTrading models are evolving
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NewsPolicyholders worried as extreme weather becomes the norm
’Baselines are shifting, records are becoming more frequent, and temperature and rainfall extremes are becoming the norm,’ says Met Office
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News AnalysisFrom Uber to robotaxi: Rising premiums and the driverless dawn steer taxi cover trends
‘The liability question, is key. I’m not sure the risks of autonomous taxis are fully understood by the industry at this point, or that enough real-world mileage has been undertaken to yet form a complete view,’ says head of motor
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News AnalysisCracking foundations: How 2025’s summer drought is sinking UK homes
Hotter, drier summers are leading to an increased risk of subsidence damage to UK properties and – with population centres in south east England most at risk – insurers will be wary of climate driven dangers
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NewsFlood Re announces changes to senior executive team
’The appointments reflect our desire to have a strong and knowledgeable executive team,’ says chief executive
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NewsInsurers need to ‘weed out signal from noise’ amid ‘polycrisis’
‘The market is tremendously resilient, it will survive. It has seen polycrisis before,’ says chief underwriting officer
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NewsHyperexponential launches new portfolio intelligence product
’[This] is a massive new product area for us,’ says chief product officer
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NewsInsurers under pressure from tight timescales and resource constraints
’There are real opportunities to improve efficiency, embrace automation and ensure emerging risks are appropriately captured,’ says partner
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NewsNew property facility aims to combat commercial underinsurance crisis
‘Our proposition has been designed in collaboration with global insurers, existing clients and trusted professional advisers to the real estate sector,’ says managing director
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IT InterviewAlastair Swift: Willis cementing ‘deep specialty expertise’ as a ‘true differentiator’
’Others may be really interested in breadth, but we’re really interested in expertise and being leaders in our chosen fields,’ says broker’s head of specialties
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NewsSMEs warned of ‘serious consequences’ if not prepared for cyber attacks
‘Their lack of cyber resilience can have serious consequences, not only for their own organisations, but also for their supply chains,’ says head of cyber
