Risk Management – Page 39
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NewsInsurance industry facing ‘digital envy endemic’
Insurers are ’focused on digital transformation but paranoid about their progress relative to peers’ says consulting division partner
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News AnalysisAs John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
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NewsCurrent investment in UK flood defences not enough to combat climate-related losses
Chief executive warns continuous investment in flood defences alone is ‘not sufficient’ to mitigate the foreseen losses
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NewsAllianz Partners issues statement about contract dispute with Revolut
’Since 15 June, we no longer provide travel insurance to Revolut customers,’ says spokesperson
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NewsNew MGA goes live to brokers
’The goal is to provide independent brokers with specialist products built on market-leading expertise and service,’ says managing director
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IT InterviewTara Foley: Reduction in inflation will have ‘positive impact’ on COR
’We continuously monitor the economic environment,’ says chief executive
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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News AnalysisBroker CEO Forum 2023: Brokers ‘just want a quick, smart response’ from insurers
Insurer leaders discuss how they are looking to improve service for brokers
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NewsAxa using body cameras to help underwriters better assess buildings with dangerous cladding
’Underwriters can clearly see what’s been done when they assess risk,’ says director
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NewsProtection gap at risk of rising as firms feel knock-on effects of headwinds
’The friction in the reinsurance broker [space] is very high,’ says chief revenue officer
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NewsJohn Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
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NewsSabre Insurance hit by cyber attack
’Our retained IT security partner assisted with the management,’ says statement
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NewsHowden highlights how risk-sharing systems can help climate vulnerable countries
’Risk sharing systems empower hard won loss and damage funds to provide structural financial security,’ says chief executive
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NewsCFC announces ‘game-changing’ cyber cover upgrade for professional service providers
’We’re making it easier for brokers to open the door to the value of cyber cover to clients,’ says head
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News AnalysisBriefing: Insurers likely to COP the bill for climate resilience
Insurers are increasingly going to be held responsible for mitigating the threat of systemic risks, says Jon Guy
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NewsEarnix names biggest challenge for UK insurtechs
’It’s difficult because there are multiple factors contributing to it,’ says chief executive
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NewsMillions of homeowners at risk of underinsurance as house rebuild costs surge
’As house prices fluctuate, it’s important not to confuse your home’s value with its rebuild cost,’ says expert
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NewsInsurance industry ‘is not growing as fast as it needs to grow’
’The penetration gap is growing as we don’t have enough capital as an industry,’ says group vice president
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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NewsAA Insurance Services secures new deal with EV benefit
’The AA has ambitious plans for the future,’ says managing director
