Risk Management – Page 28
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News Analysis
TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
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News
Zurich UK to experiment with AI in new ‘customer copilot’ initiative
’If Zurich gets this right, it is a mutual gain for our customers and Zurich’s distribution channels,’ says head of UK commercial insurance
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News
Insurer issues plea as it warns of battery fire risk this Christmas
’Lithium-ion batteries can cause explosive fires if they get damaged,’ says product safety manager
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News Analysis
Briefing: Educating policyholders on pet health could reduce claims
’Nobody wants a sick pet, it’s bad for the pet and it’s bad for pet parents,’ says chief marketing officer
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IT Interview
Insurance Times Advent Calendar: Johnny Timpson
For the seventh day of Advent, Gain cofounder Johnny Timpson talks about helping vulnerable customers and Succession – not the Waystar one
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News
Brokers key in emerging cyber risks education – Aviva
’The challenge for insurers and brokers is to work together to engage businesses,’ says head of cyber
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IT Interview
Megan Bingham-Walker: ‘Insurance on the agenda’ for retailers as festive season parcel piracy ramps up
There is a fraudulent trend emerging around parcel theft that could spur new products in the insurance industry, says chief executive
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News Analysis
Briefing: COP28 becoming all fund and games for insurers
Hillary Clinton has called for insurance to be reformed in a speech at the UN’s climate conference, but her requests are not so simple
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IT Interview
Insurance Times Advent Calendar: Troy Stevens
For the fifth day of advent, Rhino Trade Insurance chief executive Troy Stevens discusses the likes of technology and carpool karaoke
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IT Awards 2023
Insurance Times Awards 2023: FSB Insurance Service aims to be a ‘trusted partner’ for SMEs
David Perry, managing director at FSB Insurance Service, talks about the company’s entry into the Customer Champion of the Year – Broker award
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News
Growing political pressure on insurers could see premium increases limited
’Price adjustments and rate increases will lead to fierce competition as customers look for cheaper cover or cancel,’ highlighted Sollers Consulting
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News
Vulnerable countries in the global South facing large GDP losses are not ‘uninsurable’ – David Howden
The insurance industry needs to ‘transform’ its approach to ‘protecting the most vulnerable against the devastating effects of climate change’, says top boss
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News
Lloyd’s broker to support £9.5m restoration project with Aviva and Axa help
’We have a responsibility within the insurance industry to facilitate these types of placements,’ says chief executive
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News
Markel Direct teams up with MGA for gig economy proposition
’We aim to revolutionise the insurance landscape,’ says divisional director
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News
Rokstone launches new portfolio providing same-day quote turnarounds for brokers
Portfolio manager says contingency market is going through a ‘boom time’
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Sponsored Content
The increasing need for climate-related insurance solutions – Chubb
Sponsored content: Tim Charters, climate tech industry practice leader at Chubb, explains how the insurer’s climate practice is keeping pace with development
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News
Insurance industry facing ‘digital envy endemic’
Insurers are ’focused on digital transformation but paranoid about their progress relative to peers’ says consulting division partner
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News Analysis
As John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
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News
Current investment in UK flood defences not enough to combat climate-related losses
Chief executive warns continuous investment in flood defences alone is ‘not sufficient’ to mitigate the foreseen losses
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News
Allianz Partners issues statement about contract dispute with Revolut
’Since 15 June, we no longer provide travel insurance to Revolut customers,’ says spokesperson