Risk Management – Page 11
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NewsUK insurance market remains ‘unchanged and buyer-friendly’ for 2025 – Aon
’It is a highly competitive environment and insurers are looking to try and differentiate themselves with the cover they offer,’ says broking director
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NewsNearly 60% of carriers set to increase MGA capacity in next two years – Clyde and Co
’This year’s report reflects a sector that remains dynamic and forward-looking, even as it faces mounting pressure from both economic volatility and regulatory scrutiny,’ says partner
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NewsBridgehaven and IWG join up to launch insurance-backed guarantee for Iknowa
’By making best use of the Iknowa network and technology, we aim to deliver excellent support to the property owner at their time of need,’ says director
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NewsE-bike boom exposes regulatory and insurance gaps
E-bike use is rapidly rising, but outdated rules and poor data collection is making insurance harder to deliver
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NewsClaims handlers welcoming automation despite job security fears
‘Successful automation will empower claims handlers, not replace them,’ says deputy chief executive
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NewsBrokers warned as Middle East tensions push war risk premiums up 60% – GlobalData
‘War risk cover, once a niche product, is re-emerging as a critical discussion point,’ says data and analytics firm
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News AnalysisWhat 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
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NewsUK skills shortage blocking AI adoption – Allianz Trade
‘Bridging this skills gap will support the drive for innovation, productivity and long-term growth in today’s competitive landscape,’ says chief executive
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NewsInsurers urged to back nuclear fusion as commercial viability nears
‘Within the insurance market, there’s only a few massive opportunities that come through in any one single career to this size and scale,’ says underwriter
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NewsAegis London increases political and financial risk line sizes
’While many insurers may gravitate towards safer risks and sectors higher up the credit curve, there will be opportunities for those who can navigate and identify opportunities below this threshold,’ says class underwriter
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News AnalysisThe risks and rewards of hyper-personalised insurance models
High quality data enrichment and AI supported risk assessments are leading to the hyper-personalisation of insurance, bringing a suite of pros and cons for industry professionals to navigate
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NewsKia teams up with LexisNexis to enhance driving insights
’This collaboration empowers our customers with real-time driving insights while supporting the insurance industry with meaningful, privacy-conscious data to deliver tailored insurance solutions,’ says head
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NewsCost of M&S and Co-op cyber attacks up to £440m – CMC
Lost sales, supplier disruption, legal and IT costs all contributed to the figure
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News AnalysisDigital transformation – small steps, big strides
Brokers don’t need a big bang to begin their digital transformation. By focusing on incremental progress and avoiding common pitfalls, they can start delivering meaningful change today
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NewsEducation key to lessen impact of climate disasters on those uninsured – RSA’s Ken Norgrove
Chief executive says communication is key to reducing losses
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News AnalysisBriefing: Underinsurance and the holes in our customers' safety net
Brokers and insurers must take note of the times and keep clients informed about the dangers of not being fully covered
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NewsNearly half of brokers turn to MGAs first for non-standard risk
‘The feedback from brokers underscores the crucial role MGAs play in the non-standard insurance sector,’ says director
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NewsMarsh launches €1bn insurance facility as data centre demand grows
‘Data centres are fast becoming the fourth utility and are the engine rooms of the global economy,’ says chief executive
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NewsWidespread underinsurance a concern for majority of UK brokers – Aviva
‘Conversations about cover and premiums can be tough, especially when cost is front of mind for so many businesses,’ says director
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NewsIndustry responds as Reeves unveils £4.2bn flood defence pledge
’Underfunding flood defence programmes could cost the government far more in the long run,’ warns RSA CUO
