Risk Management – Page 81
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FeaturesUnderwriters ‘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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NewsPikl 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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NewsInsurers 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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NewsPeter 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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FeaturesBriefing: ‘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 InterviewAndrew 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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NewsLemonade 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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NewsConcirrus unveils new IoT platform for commercial insurance market
The insurtech has also appointed a new chief commercial officer
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NewsUK 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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NewsUK 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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NewsSupercede 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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FeaturesBriefing: 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 InterviewCarl 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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NewsNearly 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
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NewsBackchat September 2021
Celeb spotting, pets swallowing foreign objects and the insurtech sector joining forces for a cycling race - what has the insurance industry been up to of late? You heard it here first…
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NewsAviva and Darwin hit milestone with autonomous vehicle passenger shuttle registration
Aviva will use data from autonomous vehicle trials to inform its current insurance offering for this type of mobility
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FeaturesBriefing: Addressing emerging geopolitical risks is ‘major growth opportunity for insurers’
New Lloyd’s report calls for innovation around insurance for geopolitical risks as it identifies 10 ‘paradigm shift’ factors that could affect whether current cover is still fit for purpose
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FeaturesElectric vehicles prompt drive for data as underwriters define approach
The appeal of electric vehicles is on the rise - as are the numbers of these cars on the roads – but a lack of data and expensive repair costs are testing the industry’s response
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NewsBrokers navigate commercial hard market and capacity issues using collaboration – Aviva
Aviva’s chief distribution officer says ’being close to the regional broking market is key’ to what the insurer does
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FeaturesInsurance sector must tap into ‘powerful tool’ of PR to repair reputation
The Covid-19 pandemic hit the industry’s reputation hard – now, the sector is scrambling to get to grips with expectation gaps and marketing in a bid to boost customer relationships
