Risk Management – Page 34
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News
Aviva issues warning as majority of homeowners choose to repair broken belongings
’We encourage Brits to check whether they can claim for repair with their home insurers,’ says property claims director
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News
Gallagher UK launches new policy for students and accommodation providers
’It’s important that the insurance sector finds ways to innovate,’ says managing director of SME and partnerships
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News Analysis
How are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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News
Compass Insurance warns of increased claims from unpredictable weather events
’Static caravans are particularly susceptible to damage from storms or floods,’ says managing director
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News
Aqueous Underwriting secures capacity to launch new product for brokers
’It is vital that we listen to our brokers and meet their demands,’ says chief executive
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News Analysis
Briefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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News
AA Insurance Services’ move to CDL a ‘win-win for brokers and consumers’
The move involved a ’rigorous tender process and discovery phase’, says chief executive
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News Analysis
Briefing: Wages now key to battle for talent, but industry must revamp its brand
’The goal is also to minimise the tedious, repetitive and mundane tasks that lead to staff disengagement,’ says chief executive
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News
Warning as motorists could be losing up to £8.6bn on insurance claims
’Our data shows the harsh financial reality of payments which are lower than fair market value for drivers,’ says managing director
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News Analysis
Briefing: ‘Above average’ natural catastrophe losses for reinsurers should be a call to action for insurers
A trend of higher than average natural catastrophe losses has continued for the first half of 2023, according to global reinsurers
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IT Interview
Simon Ritterband: Huge market appetite as ‘genie is out of the bottle’ with drones
There is a “huge appetite” for drones in the Lloyd’s market as the technology is being used more and more in everyday life from surveying to inspection says managing director
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News
Can new AI technology be utilised to reduce premiums for motorists?
Divisional head explains why the use of new technology can be ’great for all parties’
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News
Graeme Newman: ‘Enormous opportunity to be had by leveraging technology’
’CFC has put technology at the heart of our business since day one,’ says chief executive
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News Analysis
Briefing: Antarctic warning will add to UK debate on climate insurability
The industry may well be at a tipping point where its role begins to shift
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News Analysis
Chief executive impersonation fraud rises during economic downturn and AI explosion
The increasing use of artificial intelligence has made impersonation fraud more accessible, against the backdrop of inflation and economic uncertainty
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News Analysis
Lloyd’s market ‘very much at risk’ from lessened underwriter attendance
To flourish, the Underwriting Room and market participants need to ‘get that trading mojo back’
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News
How digitalisation is helping insurance firms manage workloads
Vice president says digital platforms are helping managers get ’faster access to information, documentation and content’
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News
Drone MGA announces broker market push after receiving FCA approval
’This marks a pivotal moment in our evolution’, says managing director
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News
Winslow signs letter urging minister to address ‘vital need’ for changes to planning rules
’More must be done to take account of the role nature plays in climate adaptation and mitigation,’ says letter