Risk Management – Page 19
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News‘Many impediments’ to innovation, but ‘significant opportunities’ ahead – Earnix
Chief executive tells delegates that insurance industry ’has not really fulfilled its potential’ around innovation
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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NewsInsurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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NewsCredit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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NewsZego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said
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News AnalysisBriefing: Cyber threats soar as insurers scramble for solutions
Data outsourcing is becoming a larger target for cyber attacks as companies look at ways to cut internal costs
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News AnalysisWhat to do about homeowners shunning home insurance?
PCW confirms that home premiums grew 13% last year, leading consumers to search for savings shortcuts – but the insurance industry must still strive to combat underinsurance in this line of business
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NewsRSA launches new D&O product due to ’uncertain times’
’Senior management make decisions on a daily basis that can be open to question at a future date,’ says head
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NewsMajority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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NewsInsurtech IPOs ‘slowing down’ after investment downturn
’Potential insurtech investors are getting more nervous and risk averse and the path towards an IPO becomes a lot harder and longer to navigate,’ says chief operating officer
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NewsMarsh launches new trade disruption facility with $50m of capacity
’Recent geopolitical turmoil has exposed a clear gap in the standard cover available to ports and other cargo facilities,’ says head
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NewsNearly half of commercial properties remain underinsured – Gallagher
’Our research shows that the issue of underinsurance is not going away,’ says claims director
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NewsHowden’s Blanc calls for shift in way insurance is thought about
The head of mergers and acquisitions was speaking following the launch of a new charity
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News AnalysisBriefing: The MGA market is navigating a perfect storm on its growth journey
The MGA market is not just here to stay, but will continue to grow and thrive
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NewsInsurer announces new marine proposition aimed at brokers
’Our new proposition expands the offering we currently provide in London,’ says chief executive
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NewsMGA launches unoccupied property product after broker feedback
’Our short-term unoccupied property insurance addresses the specific risks associated with unoccupied properties,’ says managing director
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News AnalysisBriefing: Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
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NewsFinancial lines specialty MGA wrap aims to fill D&O gap
The new specialist D&O product ’provides broader personal asset protection whilst enhancing brokers’ ability to retain or win business,’ says director
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NewsUnderwriters worried about being replaced by AI – Hyperexponential
’Actuaries and underwriters can add significantly more value by embracing and leveraging AI,’ says chief executive and co-founder
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NewsAxa XL expands UK cyber team
’Cyber remains a top concern amongst our clients and that’s why we’re expanding our UK cyber team,’ says head



























