Risk Management – Page 3
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News AnalysisIn Focus: How should UKGI underwrite emerging technologies like VR gaming and advanced robotics?
According to TechUK, more than 400,000 articles about artificial intelligence were published in UK media across 2023 – but how is the insurance sector seeking to underwrite uncharted tech tools such as robotics and virtual reality worlds?
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News AnalysisBriefing: Soaring EV sales spark new underwriting concerns over fire risks
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
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NewsFlood Re urges government to invest £1bn annually in flood defences
’We must continue to mitigate the damage caused by flooding to ensure the insurance market has the ability to provide affordable cover to those at risk,’ says director of communications and transition
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NewsAI tops UK insurance risk index for 2025
’Being utterly nimble and embracing the change AI will bring is the only survival option,’ says global head of cyber and data
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IT InterviewQ&A: Geospatial intelligence data becoming more valued tool in brokers’ arsenal
Caroline Elliott-Grey, senior product manager for the UK and Ireland at LexisNexis Risk Solutions, explains how brokers can utilise geospatial data to better serve clients amid fluctuating climate
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NewsExtinction Rebellion warns insurers of ‘ecocide' legal action and continued disruption over fossil fuel ties
’It’s too late for incremental industry shifts or policy tweaks to dial down the focus and intensity of protests,’ says spokesperson
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NewsCFC expands £25M large line size cyber product with property damage
’There is increasing need for property damage cover as part of a cyber policy,’ says corporate cyber practice leader
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News AnalysisTechTalk: Is the cyber insurance world prepared for quantum computing?
’This is an incredibly complex area and the industry is going to have to spend a lot of time and energy to properly understand the risk factor that quantum may pose to business operations and security – and thus the impact on cyber insurance,’ says global head of cyber
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NewsFinancial market volatility among risks for insurers in 2025
’Vulnerability to financial market volatility has a greater potential to impact the market and is a real concern,’ says head
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NewsInsurance warning as Storm Éowyn causes major disruption
’Storms that impact travel plans are becoming more frequent and more disruptive, so getting cover that mitigates this is worth considering,’ says chief commercial officer
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News AnalysisBriefing: New Year resolutions brokers should stick to for 2025
Chief executive details three insurance linked resolutions for brokers this year, centred on adopting a longer-term view of risk and emphasising community ties
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NewsFlood Re inks new deal to boost resilience in Scotland
’Flood resilience isn’t just a technical term – it’s a lifeline for communities,’ says interim chief executive
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NewsManifesto 2025: ‘Much to do’ on insurer service despite ‘solid improvement’ on NPS’
’We will see further increases as we work closely with insurers,’ says chief executive
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NewsMidlands flooding impacts over 7,000 buildings – ICEYE
’The ICEYE team is actively monitoring the Midlands and is focusing on the most affected areas,’ says statement
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IT InterviewLuisa Barile: ManyPets targeting growth in lucrative UK market
’We have a very clear plan on growing the UK and [are] now focusing on capturing that growth,’ says group chief executive
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NewsAdd-on provider adds landlord pet damage policy to portfolio
’This is a fantastic addition to our broad range of add-on policies,’ says managing director
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News AnalysisBriefing: 2025 shows little sign that the tide will turn
New year snowfall brings flooding front of mind for both the government and insurance sector – but how effective will resilience taskforce be?
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NewsAon inks deal to help clients with credit risk management challenges
’Leading institutions are increasingly implementing advanced analytics, machine learning and artificial intelligence to predict credit events,’ says chief operating officer
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NewsClimate protesters list 2025 demands to insurance industry
’More people are outraged as insurers leave them unprotected when disasters strike,’ says European co-coordinator
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NewsAviva’s plea as businesses failing to prioritise safety around lithium-ion batteries
’Lithium-ion batteries are critical to many modern technologies, but they carry inherent risks if not handled properly,’ says director
