Risk Management – Page 32
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NewsWarning as more businesses fall victim to cyber attacks
’Cyber is now a standard business risk,’ says global director
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News AnalysisBriefing: Cyber cover remains constrained as systemic fears persist
’Cyber is going to become the most capital and expertise-constrained class within the insurance industry,’ says global head of cyber
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News AnalysisLLM opportunities in insurance far outweigh risks – Shift Technology
With LLMs becoming increasingly more popular in the insurance industry, does the technology’s value outstrip its risks?
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NewsMajority of insurance bosses say innovation is key to risk mitigation
’Every advance in technology creates new opportunities to innovate,’ says banking and decisions solutions division executive
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NewsCFC names ‘biggest obstacle’ for UK brokers selling cyber cover
’Strong IT security measures don’t negate the value of cyber insurance,’ says cyber product lead
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NewsResilience expands cyber underwriting capacity through RSA deal
’The cyber environment is a complex and changing one,’ says managing director of UK specialty lines
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News AnalysisBriefing: Upcoming industry ‘stress test’ should pose no problems for UK insurers
The general insurance industry should pass the regulator’s test with flying colours, says acting editor
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NewsInsurance industry to face ‘dynamic’ stress tests
’The dynamic nature of the exercise represents a significant change from previous exercises,’ says regulator
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NewsE-scooters ‘may not be around much longer’ amid risk of battery fires and ‘lack of control’
’There is a particular issue with the lithium-ion batteries at the moment,’ says head of fraud and financial
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NewsHow AI helped accelerate Axa Commercial’s response to RAAC issue
’Using the AI tool enabled us to react quickly to an urgent issue,’ says director of customer risk management
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News AnalysisThe Big Question October 2023: How can insurers reduce complaints made about them?
The number of complaints made about car or motorcycle insurance to the Financial Ombudsman Service (FOS) surged between April and June 2023
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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News AnalysisIn Focus: The emerging protection gaps concerning commercial brokers
’It is incumbent on us all to make sure we are having conversations with customers,’ says chief executive
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NewsFCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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NewsMajority of UK SME c-suites lacking awareness of cyber risks
’Business leaders have been thrown into an ever-changing and complex landscape,’ says vice president and general manager
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NewsABI launches cyber safety tool to help SMEs bolster security
’We’ve designed a tool that is easy to understand,’ says head of general insurance policy
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News AnalysisBriefing: Can insurers put Ukrainian Black Sea exports back on track?
Many underwriters said they were likely to wait and see how the initial transits fared before committing to action
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NewsSpecialist insurance law firm launches cyber crime startup
’Cyber has become simultaneously one of the greatest opportunities and risks of modern times,’ says founder
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NewsCyber insurance market a ‘massive opportunity’
’With a low overall cyber insurance penetration rate, millions of companies remain unprotected,’ says head of risk engineering
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News AnalysisBriefing: Home insurance showing cracks
Whatever the outcome, the data points to a looming crisis when it comes to subsidence
