Risk Management – Page 23
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NewsMGA and insurer concerns over pace of digital transformation remain ‘prevelant’
’Insurers need to fully integrate digital methodologies into their operations,’ says firm
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NewsMGA launches personalised travel insurance add on
The new proposition signals a ’moving away from the standard one-size-fits all approach’, says chief executive
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News AnalysisBriefing: Industry has taken its eye off the travel insurance ball
Consumers assume a high level of understanding around travel insurance, however FOS data suggests that brokers still have vital work to do to bridge the knowledge gap and ensure clients are covered for all holiday eventualities
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NewsMarsh launches new insurance facility with $50m of capacity
’As global trade continues to expand, this new facility offers clients a rapidly available layer of insurance cover,’ says chief executive
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News AnalysisBriefing: Insurers looking for clarity in a regulatory climate of change
The ‘onslaught of climate regulations’ could lead ‘to less disclosure and more green hushing’, says risk management association
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News Analysis‘Calmer waters’ for reinsurance in 2024 signals innovation opportunity
However, no new startups appear to be taking advantage of ‘gradual softening’ market conditions and some reinsurers are described by primary firms as ‘opportunistic’ in their bid for growth
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NewsCarbon insurance is in ‘startup phase’ – CFC
Equally, AI risks are often ’implicitly’ covered within E&O policies – however, more ’exclusionary’ terms could be on the cards if the technology goes wrong, says innovation manager
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IT InterviewJames Slaughter: Apollo’s CUO on the importance of vision and a ‘gin and tonic document’
’This sector is a fabulous industry, but fraught with unsolved problems,’ says chief underwriting officer
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NewsStock market crash creates ‘ripple effect’ for insurtechs
’This market turbulence can be particularly challenging for fintech and insurtechs,’ says chief operating officer
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Sponsored ContentHow the financial strain of child illnesses hurts parents and what the insurance industry can do about it – MetLife UK
Rich Horner, head of individual protection at MetLife UK, explains the support available for working parents that need to take time away from work to care for unwell children
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News AnalysisBriefing: Why the Crowdstrike IT outage is a ‘wake up call’ for the insurance industry
’The losses we saw for Crowdstrike are not even close to the losses for a cloud outage,’ says chief executive
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NewsCytora inks partnership with AI due diligence firm
’This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions,’ says chief operating officer
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NewsHiscox goes live with AI proposition for brokers
’We can deliver tangible benefits for customers, while freeing up our underwriters from manual tasks,’ says chief executive
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NewsMotor broker now available on price comparison websites
’In order to give drivers the opportunity to insure in a green way, we need to be in places where people shop around for their insurance,’ says chief executive
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NewsCFC expands UK cyber development team
’We are dedicated to helping every UK broker to become a cyber specialist,’ says cyber development leader
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NewsSeventeen Group broking subsidiary extends south west presence with cyber and technology hub
’Exeter has embraced the technology sector and supports the business community in so many ways,’ says director of cyber and technology risks
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NewsNew travel-focused MGA launches
’We will be focusing on more innovation to improve our customers’ experience of insurance,’ says chief executive
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NewsInsurers failing non-standard risk customers – Prestige Underwriting
’For many insurers, the risk profile of non-standard customers falls outside their underwriting footprint,’ says head of broker development and partnerships
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NewsJaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
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NewsNews High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (29 July to 2 August 2024)
