Risk Management – Page 64
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NewsWestern European flooding last July deemed ‘most significant loss event in 2021’ – Cresta
International natural catastrophe events outside of the US that generated over $1bn in insurance losses created an accumulated $21.6bn loss in 2021
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NewsFraudsters to shift focus from whiplash injuries to property disrepair claims
‘Broad’ terms and conditions could cause property disrepair claims to be a target for fraud as whiplash claims become ‘less lucrative’ following the OIC portal launch
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AnalysisD&O risks in 2022 defined by diversity and Covid liabilities
Diversity-related suits could potentially be catastrophic’ following FCA consultation, says broker
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NewsBusiness leaders unaware of climate change risk ‘is a problem’ – Aviva’s Winslow
UKGI boss emphasises that ‘climate change is no longer a distant threat’ and that it must be given ‘the attention it needs’
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NewsBackchat December 2021
Insurance as a ’silent hero’ in Christmas movies, Christmas tree woes and a lot of birds - what has the insurance industry been up to of late? You heard it here first…
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Sponsored ContentMust-have contract provisions for defending claims – Travelers
Toby Harris, technology practice leader at Travelers, tells Insurance Times how contractual management delivers a competitive advantage for businesses
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Sponsored ContentGallagher Bassett: What can the insurance industry expect in 2022?
Looking to next year, Gallagher Bassett’s director for loss adjusting and claims consultancy Gordon Vater expects a continuation of acclimatising to the new normal, against the backdrop of ongoing uncertainties
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NewsLloyd’s to get tough on culture in 2022 amid warning to managing agents
Head of market oversight confirms ‘zero tolerance’ stance ‘to inappropriate behaviour’ as Lloyd’s outlines principles-based regime
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NewsUnvaccinated staff could lead to employers’ liability complication
The government is cracking down on unvaccinated workers, but how will this affect employers’ liability insurance?
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NewsFlood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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NewsBroker warns many classes still challenging as industry prepares for 2022
However, the professional indemnity market is ‘starting to plateau’
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NewsCryptocurrency holds innovation opportunity for insurance industry
There is ’a tonne of potential and lots of gnarly stuff to get our heads around as insurers’ when it comes to cryptocurrency, according to insurer Beazley
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NewsInsurers set to become ‘lifestyle partners’ for customers in 2022 - Capgemini
Success in P&C market will hinge on being ‘customer-centric, savvy about intelligent processes, able to bring products to market agilely and willing to collaborate at scale with ecosystem partners’
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AnalysisThe Big Question December 2021: What is on the insurance sector’s wish list for 2022?
Insurance Times asks the industry what’s on its wish list for 2022 in the wake of the Covid-19 pandemic and an unprecedented 2020 and 2021
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NewsInsurance tycoon wants ban on ‘disgusting’ Bitcoin
Berkshire Hathaway vice-chairman says China was right to launch a crackdown on cryptocurrency
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AnalysisIn Focus: How can the insurance industry tackle ghost broking?
Experts on insurance fraud debate how the industry can tackle the ongoing issue of ghost broking in the wake of the Covid-19 pandemic
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NewsAllianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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NewsCycling insurance firm launches broking service for mobility and gig economy businesses
The business plans to help build ‘a more resilient industry’ for the cycling community
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IT InterviewMGA Q&A: MGAs ‘react to uncertainty better than other businesses in the market’ - FloodFlash
FloodFlash’s commercial director Brent Jackson speaks on the MGA’s five star rating from brokers and outlines the challenges FloodFlash aims to meet in the coming year
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NewsEVs three times more likely to have wheel or tyre issues – LV=
The insurer’s research calms worries about range anxiety that EV drivers, insurers and brokers have
