Risk Management – Page 46
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News
Andy Holmes: Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has started ’to grow up’, but balancing regulation and value propositions is tricky
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News
Intelligent AI aims to reduce claims for commercial properties following £2m fundraise
The insurtech is ’now at a stage where we are ready to expand globally and expand our platform’, says chief executive
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News Analysis
Insurance industry backs calls for enhanced flood infrastructure programme
Industry commentators approve of recommendations to tackle the ‘inherently uncertain and difficult to predict issue’ of surface water flooding in the UK
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News
Insurer reacts to rising mental health crisis
Underwriting amendments have been designed to bolster ‘access to insurance’, says chief underwriter
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News
Insurance industry urged to support HGV safe parking campaign
MGA chief executive emphasises that ‘insurers should be playing our part’ in championing and raising awareness of specific sector issues that could lead to high value claims
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News
Government steps in to address cladding cover shortage for assessors
The five-year scheme sees the government liaise with an MGA, reinsurer and technology provider to address protection gap
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News Analysis
Loss adjusters must use ‘skill’ to ensure sums insured are correct amid inflationary pressures
Inflation has driven up the cost of building materials, impacting the claims sector – but loss adjusters have a key communications role to play to mitigate underinsurance
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News
Marine market will see ‘more restrictive capital’ and ‘narrower policies’ in 2023 – Concirrus
The impact of the war in Ukraine is likely to continue to affect marine lines next year, says chief executive
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News
Ticker launches on-demand pay-per-mile product to tackle cost of living crisis
The latest product extends its suite of connected motor propositions that includes solutions for novice drivers, van drivers and electric vehicles
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News Analysis
The Big Question December 2022: What are the challenges and opportunities for insurance firms in 2023?
With the new year on the horizon, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2023
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News
Marsh arranges cover for ‘historic’ first space launch from UK soil
Insurance sector must keep abreast of ‘changing space industry’, says head of space
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News
Inflation driving marine insurance exposure concerns – Allianz
Marine insureds may need to adjust their policy limits to stave off the risk of underinsurance, says global head of marine risk consulting
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News
Zurich urges government to introduce single accreditation scheme as solar panel fires rage
’The government and industry should monitor whether the trend in fires grows,’ says major loss manager
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News
UK government sets out final reform plan for Solvency II
The chancellor has confirmed that the risk margin for general insurance businesses will be lowered by 30%
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IT Awards 2022
Insurance Times Awards 2022: Sentiance uses ‘digital coaching techniques’ to mitigate ‘risky behaviour’
David Damen, chief technology officer at Sentiance, explains why his business should win the Excellence in Technology - Customer category at the 2022 Insurance Times Awards
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News
Consumer Intelligence launches daily insurance price benchmarking for home and motor
The new platform will provide real time metrics on price movements and competitiveness, says the market intelligence firm
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News Analysis
Briefing: Climate change sees risk managers demanding shift from insurers
Traditional insurance products may not be fit for purpose in the face of evolving climate risks – insurers and brokers must therefore rethink propositions, according to surveyed risk managers
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News
Gap insurance increasingly valuable for motor insureds – Intelligent Motoring
Average value of gap insurance claims rises by 24% this year
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IT Awards 2022
Insurance Times Awards 2022: Samsara’s technology sees fleet claims decrease by 30% over policy term
Jack Burton, insurance partnerships lead for Europe, Middle East and Africa at Samsara, reveals why the company should win the Excellence in Risk Management category at the 2022 Insurance Times Awards
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News
Three additional insurers commit to Flood Re’s Build Back Better scheme
More insurers will come on board in the next six months, says chief executive