Risk Management – Page 23
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NewsPricing of motor premiums ’fundamentally discriminatory’
’If we use occupation, postcode, all those [types of] things, then we are going to discriminate against vulnerable consumers,’ says chief executive
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NewsFraudulent activity surrounding luxury watch claims ‘as high as 50%’
’Common scenarios include fictitious losses or a watch being used to make multiple claims with different insurers,’ says managing director
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NewsSpecialist marine MGA secures FCA approval
’We are now able to realise our growth ambitions,’ says chief executive
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NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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NewsBroker to bolster predictive capabilities through new partnership
’There has been a definite acceleration in the awareness of AI and machine learning across the wider GI industry,’ says chief executive
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NewsEcclesiastical launches new risk assessment tool
’In such a volatile risk landscape, having effective risk management arrangements is vital,’ says head
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NewsAI to play ‘pivotal role’ in combatting cyber risk – GlobalData
’The ability of AI to improve threat identification is key in addressing the continuous evolution of cyber threats,’ says project manager
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Sponsored ContentRestoring consumer trust in the insurance sector – Love2shop
Sponsored content: Love2shop’s director of business development, Frank Creighton, explores why consumer trust in insurers is falling and how this can be rebuilt
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News AnalysisWhat will 2024’s elections mean for business and insurers?
’You need to understand everything you touch in your supply chain and think about how these different political risks might manifest themselves,’ says head of strategic risk consulting
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsMillions of UK homes at risk of underinsurance
’It’s shocking to see that so many might not have the coverage they need to keep their possessions safe, says expert
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NewsFlood damage reported to insurer after storm nears £10m
’As a nation, we need to become more resilient to extreme weather events,’ says head
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NewsGallagher Specialty to enhance use of parametric insurance
’Parametric solutions are incredibly versatile,’ says head of climate strategy
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NewsC-Quence expands management liability offering with legal expenses product
’We believe this is the first time legal expenses cover has been included as part of a technology led management liability suite,’ says chief executive
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NewsBeazley launches new cyber security arm
’We are creating a force capable of addressing the challenges head on,’ says global head
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News AnalysisThe Big Question: How can brokers stay updated on cyber security threats and offer effective risk management support to commercial clients?
Regardless of their size, commercial clients are facing an increasing number of cyber threats - but how can brokers help mitigate this evolving threat? Insurance Times asks six professionals how brokers can lead in this market
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NewsMarkel Q&A: Why broker relationships are key for construction clients
Martin Parker, Markel UK’s head of construction underwriting, discusses its new construction proposition and challenges within the sector
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NewsLMA releases updated hull and cargo clauses
’The LMA remains committed to assisting insurers in responding to requirements in an increasingly complex regulatory landscape,’ says legal director
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NewsRansomware top cyber threat for insurance sector in 2024
’Mid-market organisations are working hard to implement more mature and effective cyber security measures,’ says managing director
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News AnalysisProduct recall insurance increasingly relevant as threat grows
’Often, the biggest concern for business is the reputational loss,’ says legal director
