Risk Management – Page 39
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News AnalysisJason Richards: Industry needs ‘quicker and really vigilant response’ to headwinds
UK and Ireland chief executive highlights the economic pressures in 2023 and how the insurance sector can respond
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News AnalysisBriefing: Lloyd’s of London’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
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NewsAviva forms new partnership to roll out suite of cyber products
’It will play an important role in helping our customers improve their security capabilities,’ says head of cyber
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NewsLloyd’s of London proposes to insure NHS for unexpected costs
Lloyd’s chairman says one challenge the government has is ’around peak demand in the NHS relative to NHS budgets’
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NewsInsurers’ service for brokers is still key challenge – Bravo Networks
Managing director believes ‘a perfect storm’ of factors has impacted insurers’ service for their broker partners – however, the situation is ‘getting into a better place’
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NewsSecurity ratings becoming a ‘bigger part’ of insurers’ growth strategies
Security ratings have a ’dual benefit for insurers and the brokers that act on behalf of insureds,’ says vice president
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NewsAirline insurance market seeing significant pricing pressure – Gallagher Specialty
The airline insurance market is ‘experiencing a shift due to various factors’ that impact the industry
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NewsAviation reinsurance market could remain hard after ‘very large’ losses – Gallagher Specialty
’It’s likely that for the medium-term at least, a hard market for aviation reinsurance will persist,’ report says
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News AnalysisBriefing: New injury rules getting personal as lawyers respond to MoJ
Proposed changes would represent a ‘savings windfall’ for insurers, says association president
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NewsSuperscript launches new initiative to aid crypto miners access property insurance
Account manager says tough 2022 made it more evident that there is a ’need for comprehensive insurance’
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News AnalysisBriefing: Stress crisis becoming a real pain for employees
Could we be seeing the start of new risk exposures for sectors that have embedded hybrid working practices?
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NewsWarning for SMEs as insurers worried about ‘huge’ cyber exposures
’The challenge for insureds is to try and understand the risks,’ says manager
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NewsInsurance Fraud Bureau can be ‘bigger and better than before’ with new strategy
’We can broaden our reach to help protect every insurer and their customers,’ says head of intelligence
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News AnalysisFOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
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NewsCouncils could reduce insurance coverage to achieve savings
’Any measures have the potential to backfire,’ says client director
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NewsLimited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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NewsDramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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NewsInsurers plan for significant growth in sustainable energy market
’Respondents displayed a bullish appetite for it,’ says statement
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News AnalysisBriefing: Changing climate now stretching industry’s ability to offer cover
The sector must steel itself for the response of insureds it can no longer afford to protect
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NewsValuation plea as underinsurance crisis intensifies – H&H
‘During Covid, when site visits weren’t allowed, many fell into the habit of carrying out reviews over the phone,’ says commercial director
