Risk Management – Page 69
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News
Essex-based broker partners with Virgin Money on travel insurance offering
Virgin Money has become the latest addition to the broker’s growing portfolio of partners
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IT Interview
Q&A: Brokers can work smarter by using data enrichment – LexisNexis Risk Solutions
Carla McDonald, senior vertical market manager at LexisNexis Risk Solutions, tells Insurance Times about the importance of standardising advanced driver assistance systems (ADAS) to help analyse claims
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News
London specialty market is ‘vital’ in UK’s post-Covid economic recovery – IUA
The IUA’s membership has grown by 10% in the last 12 months
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News
Biba and MGA launch new scheme to support the media and entertainment sector
Creating the new insurance scheme was a ‘direct result of member requests’ following a challenging 2020
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News
Nationwide withdraws free European travel insurance for FlexAccount holders
The building society will continue working with Direct Line Group on travel insurance policies for other types of current accounts
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IT Interview
Brokers ‘play a massive part’ in HNW as clients ‘cannot get advice and knowledge with technology’
Ecclesiastical’s art and private client business director says underinsurance is still ‘prevalent’, so empowering broker partners to have informed conversations with clients is paramount
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Features
Underwriters ‘better make the right automation choice’ or risk ‘serious systematic error’
Insurance Times explores how underwriters can successfully use automation, highlighting the challenges and benefits to be aware of
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News
Pikl partners with price comparison website to bridge home insurance gap
Traditionally, home insurance policies do not cover commercial use of a property, such as letting a room
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News
Insurers show ‘cautious willingness’ to underwrite fire safety risks on defective cladding – IUA
IUA members have called for a greater focus on quality over cost to make it easier for underwriters providing cover for remediation projects
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News
Peter Blanc: Opportunities await hungry MGAs
Aston Lark’s group chief executive told delegates at the MGAA conference that differentiating products and catering to a niche is the way forward for MGAs
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Features
Briefing: ‘Radical fresh thinking’ is required to tackle ‘connected’ risks and protection gaps
The industry is facing ‘a battle to stay relevant in the face of systemic risks that look to be beyond the scope of traditional insurance solutions’, says law firm report
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IT Interview
Andrew Yeoman: Internet of Things could fundamentally change how insurance works
The insurtech’s chief executive believes that IoT is the way forward for the insurance industry because the technology is coming of age
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News
Lemonade launches pet insurance for puppies and kittens
Lemonade’s chief executive and co-founder says the pandemic-driven surge in pet adoption made the new product idea ‘even more obvious’
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News
Concirrus unveils new IoT platform for commercial insurance market
The insurtech has also appointed a new chief commercial officer
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News
UK executives most concerned about technology disruption risks in 2021 – Beazley
Beazley’s global head of cyber and technology says collaboration and communication between the broker, insurer and customer is more important than ever
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News
UK insurance industry remains ‘bullish’ about London’s future as an international hub
Technology, automation and digital investment are viewed as ‘top strategic’ priorities by insurance professionals
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News
Supercede partners with Web Connectivity bolstering reinsurance ecosystem expansion
The partnership will help make data accessible to all in the placement process
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Features
Briefing: Will ADS safety rating put brakes on government’s automated driving push?
Industry commentators still have questions around the safety of technology such as ALKS, however the UK government is eager to have automated driving on Britain’s roads this year
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IT Interview
Carl Shuker: A-Plan targets commercial rural market gap
Group chief executive further recognises a ‘huge opportunity’ in the broker’s branch network as ‘local businesses still want to deal locally’
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News
Nearly half of UK renters don’t have contents insurance – Trōv
Not a single renter surveyed by the insurtech had used a specialist broker to help them buy insurance