Risk Management – Page 89
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NewsIFB inks landmark partnership with Shift Technology
The new system will be launched next year and will use artificial intelligence to mitigate the evolving fraud landscape
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NewsInsurtech Worry+Peace highlights value of negative reviews
The insurtech’s founder stresses that customers should not be afraid to leave negative reviews
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IT InterviewIoT devices are driving cyber insurance evolution – CGI
Furthermore, insurers need to look to their own cyber security to mitigate data breach risks
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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FeaturesJames York: Open insurance is an opportunity, but buyer centricity is vital
Insurtech founder says the industry must ’step up’ because open insurance presents many benefits
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NewsDigital demand could displace £8.3bn of UK premiums by 2025
Despite the global recession, the UK insurance industry could grow from £274bn in early 2020 to approximately £298bn by the end of 2025
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FeaturesIn Focus: Biba’s Steve White commends broking industry for its resilience
Biba’s chief executive discusses upcoming challenges for brokers ahead of the trade body’s annual conference
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NewsExtinction Rebellion dumps fake coal at Lloyd’s in fossil fuel protest
The action marks the first protest for coalition Insurance Rebellion, which is targeting Lloyd’s
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NewsABI relays guidance replacing insurers’ lockdown support pledges
The pledges will be replaced with guidance across home, motor and pet insurance policies
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NewsGovernments must be ‘the leading players’ in insuring BI risk
Governments and insurers ‘must work together’ to close the protection gap, says insurance think tank
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IT InterviewInsurance2025: Insurance Industry Keynotes, 2021
Broker and insurers that work well together will succeed in innovation around risk, says insurer GI chief executive
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IT InterviewPhil Barton: Industry has become ‘incredibly lazy’ in providing advice
The future of commercial broking relies upon moving away from ‘a transactional approach’ to instead embrace partnerships and a clearer client focus
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IT InterviewJames Reader: Covid-19 pandemic is ‘turning point’ for accelerating consumer trends
EOW (escape of water) risk management will provide ’opportunity to change the relationship’ between insurers and customers, from ’a grudge purchase to one where there is an ongoing dialogue’, says chief executive
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NewsShed and garage offices cause divide between insurers
Insurers are held back by legacy systems that are siloed with a single line of business
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News AnalysisTravel insurance sector faces capacity concerns post-pandemic
As the travel industry gears up to reopen post-lockdown, a spike in claims could impact insurance capacity
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NewsBrokers need better access to underwriters to tackle market challenges
Broker chief exec says the industry has ‘seen the best and the worst in the market over the past 12 months’
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FeaturesBriefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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News AnalysisGovernment must take leap of faith to mend ‘gaping hole’ in cover for live events
Industry figures beg the government to seriously consider state-backed insurance scheme as the commercial insurance market for events cancellation is ‘unlikely’ to mobilise until 2022
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NewsZego partners with grocery delivery startup on commercial e-bike fleet
With the pandemic seeing an increase in grocery deliveries, the partnership aims to provide flexibility for e-bike fleets
