Risk Management – Page 34
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IT InterviewRob Munden: Euna’s Five Star service hinges on ‘not becoming complacent’
This year’s top rated MGA speaks to Insurance Times about what the firm has been up to
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NewsMusk lawsuit against OpenAI highlights need for clarity over ‘wild west nature’ of AI
’The situation underscores the complexities in the rapidly evolving landscape of AI,’ says head
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NewsInsurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
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News AnalysisBriefing: Are regulations on affordability pulling in opposite directions?
The associated costs of new regulation mean that insurance providers may soon have to consider whether affordability is affordable
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NewsNew parental leave product to ‘level recruitment and talent retention playing field’
’In recent years, there has been a push for companies to offer better parental leave pay,’ says chief executive
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NewsRSA launches enhanced A&H product for brokers
’We’re really excited by the positive feedback and the future prospects of our enhanced A&H product,’ says director
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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NewsBiba’s regional committees ‘integral’ to broker trade body
’Our regional chairs feed into the Biba board via their own advisory board,’ says chief executive
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NewsMiller expands into parametric insurance market
’The formation of this specialised team underscores Miller’s ongoing commitment to innovation and client-centricity,’ says head of energy and construction
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NewsCollaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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NewsBiba and MGA team up for high value home insurance scheme
’Managing the insurance requirements of HNW individuals is important for both personal lines and commercial brokers,’ says head
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News AnalysisWill insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
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NewsInsurance industry has a ‘dearth of creativity’ – Sam White
Dealing with modern challenges requires creativity to ’think differently about the problems and find different solutions,’ says chief executive and founder
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NewsMotor insurance ‘a door shutting in peoples’ faces’
’Looking at insurance in the [context] of what products serve consumers as a stepping stone is important,’ says chief executive
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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
