Risk Management – Page 56
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News AnalysisBriefing: Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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News AnalysisInsurers brace for employers’ liability claims as Covid and flu ‘twindemic’ ramps up
However, some market commentators believe this dynamic is an opportunity for innovation
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NewsRansomware and cyber war wording innovation named in 2023 tech predictions – DAC Beachcroft
Cyber war endorsements could invite innovation, says the law firm
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NewsInsurers’ capital outlook darkened by increasing climate risk – GlobalData
Extreme weather events have already caused UK insurers to lose around £1.5bn, says senior insurance analyst
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NewsInsurance sector employers have ‘legal duty’ to provide safe workplace as Covid and flu surge
Employers must take steps to keep employees safe, says law firm partner
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NewsRecession and cost of living crisis triggers ‘pandemic of fraud’ – Weightmans
Both financially vulnerable customers and organised criminals are behind the increase, says the firm
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NewsClimate change, cyber risks and ESG top sector challenges for 2023 – RPC
Climate change, ESG concerns and cyber risks all take their place in the key trends to look out for this year
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NewsRoyal Mail hit by ‘cyber incident’ that caused disruption to international post
Royal Mail has apologised for any inconvenience caused and has also launched a full investigation alongside cyber crime experts
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News AnalysisBriefing: Risk landscape reveals that industry still faces new year uncertainty
This month is pivotal for the insurance sector, however many questions remain
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IT InterviewRyan Birbeck: Cyber cover set to be ‘significant focus’ for Aviva in next three years
Distribution director for regional brokers believes the insurer is currently ‘underweight’ when it comes to cyber insurance provision
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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News AnalysisBriefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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News AnalysisBriefing: No new year joy for insurers as reinsurance renewals deliver little comfort
Predictions of a decline in the market’s reinsurance capability seem to have been well founded, says broker chief executive
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NewsIUA publishes business plan for 2023
The association has highlighted key challenges for the London Market in the coming year
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NewsCyber insurance set to be one of the biggest property and casualty lines – CyberCube
’Brokers are the linchpin’ between insurance relationships says CyberCube senior product manager
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NewsUK economy set for 2023 recession amid ongoing inflation and energy crisis – Allianz Trade
Business insolvencies in the UK reflect inflationary pressures and high energy costs, according to Allianz Trade’s chief executive
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NewsCompass partners with premium finance provider
Network boss believes brokers must ‘be prepared against the unexpected’, with one possible solution being the provision of ‘more flexible payment options’ for clients
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News AnalysisBriefing: Legislation sorely needed to help mitigate ‘six-figure’ e-scooter claims
However, with the onset of legislation, the potential for first and third party fraud could rise
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News AnalysisParametric insurance poses ‘really compelling’ solution to climate change driven weather events
Following November’s Cop27 conference, the impact of weather events influenced by climate change has hit home – and brokers are looking outside of traditional covers to help clients
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NewsBest of Christmas Backchats 2022
After 12 whole months of backchats, Insurance Times has rounded up the best Christmas backchats for December 2022 including a pink grizzly bear, Santa’s naughty or nice list and an epic dance-off. You heard it here first….
