Risk Management – Page 2
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NewsZurich updates Innovation Championship programme to scout for problem solving startups
Insurer introduces ‘venture client engine’ element to collaboration scheme, looking to build ‘eye to eye’ partnerships with startups
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News AnalysisThe Big Question: How can insurance firms stay competitive and differentiate themselves in a soft market?
As softening market rates proliferate, Insurance Times quizzes industry experts on how firms can stay ahead of the pack amid premium price dips
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News AnalysisBriefing: Soft market should steer commercial brokers towards growth and efficiency focused road maps
The insurance industry is often a weathervane for the UK economy – the government would be wise to listen to broker learnings from client conversations
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NewsLloyd’s chair says risks posed by space weather presents ‘significant threat’
’If we are to underwrite the risk, we must understand it,’ says chair
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News AnalysisRooftop risks – how is the insurance sector tackling the proliferation of solar panels?
’Solar panels, while a valuable renewable energy source, present a number of risks that homeowners and insurers need to consider,’ says head of product
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News AnalysisIn Focus: Are brokers at risk of losing market share as embedded insurance grows?
’If distribution is moving from analogue to digital – and the brokers aren’t moving with it – that creates a vacuum,’ says director
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NewsBiba announces new partnership with Premium Credit
’Premium finance is a vital product which opens access to insurance for many who don’t necessarily have the funds to pay upfront,’ says chief executive
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NewsAdmiral commits to Flood Re’s Build Back Better scheme
’We know how devastating the damage, inconvenience and emotional burden a flood in the home can be,’ says head
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IT InterviewMark Plews: ‘Proactive’ risk management is ‘an increasing part’ of Markel UK’s service for care sector
Insurer is determined ‘to highlight that it is [a] false saving to reduce investment [on] risk management’, says underwriting director
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News AnalysisBriefing: Sector must showcase ‘collaboration, certainty and creativity’ to bolster reputation
New Generation Programme report reveals approaches that have boosted or hampered the insurance industry in the past – the sector must make positive strides with these learnings if it is to grow trust with consumers
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News AnalysisBriefing: Musk and other tech disruptors have their eyes on insurance
The insurance industry is unpopular but profitable, while also largely reliant on legacy technology
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News AnalysisUK government’s housing expansion plans has industry nervous for flood risk impact
Recent storms coupled with the Labour government’s plan to build 1.5 million homes by the next parliament – a target set by prime minister Keir Starmer in October 2023 – gives the insurance industry pause for thought around balancing flood risk management, property insurance and demand for housing
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NewsCII aims to help insurers build public trust with new report
’Public trust is a vital component of insurance,’ says chief executive
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NewsCyber insurance growth brings range of challenges for insurers
’Cyber insurance is unlike other lines, such as household, where insurers would limit the number of insured properties in high-risk areas,’ says senior insurance analyst
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NewsCyber MGA inks deal with RSA to launch new London market facility
President says deal ’will help our clients and broker partners build insurance towers efficiently’
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News AnalysisBriefing: Continued flood risk brings possible property protection gap to the forefront
A new protection gap between insured and uninsured property losses, driven by flooding in the UK, means it is more important than ever for brokers to be proactive when supporting clients
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News AnalysisBriefing: Is underinsurance onus pushed onto policyholders to address?
Strategic planning director says it is policyholders’ ‘responsibility’ to ascertain building valuation information to avoid underinsurance, but is there an implication that brokers are not doing enough here?
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News AnalysisIndustry deems regulatory focus on operational resilience a ‘sensible move’
The FCA is collaborating with its regulatory peers to introduce new rules around operational resilience, seeking to mitigate ‘intolerable harm’ arising from disruptive events
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NewsGallagher reveals 2024 protests impacted more than one in four UK businesses
’It is clear that all kinds of civil unrest in the UK is a problem and is weighing heavily on the minds of business leaders,’ says director
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NewsDrone MGA secures capacity for new liability product
’As drones continue to revolutionise everything from agriculture to transportation, it’s clear that this booming sector demands forward-thinking, flexible insurance solutions,’ says managing director
