Risk Management – Page 42
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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 AnalysisBriefing: Consumer service vital after Luton Airport car park fire
The fire came at a time when complaints about car or motorcycle insurance hit a five-year high
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NewsABI working with members to assess Luton Airport fire impact as insurers reveal support plans
’Owners of vehicles caught up in this fire will naturally be very concerned,’ says association
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NewsLV= General Insurance reveals how it will support 200 customers affected by Luton Airport fire
’We’re making our promises to ensure any affected customers get home safely and easily when returning to the UK,’ says claims director
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NewsWarning as more businesses fall victim to cyber attacks
’Cyber is now a standard business risk,’ says global director
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News AnalysisBriefing: Cyber cover remains constrained as systemic fears persist
’Cyber is going to become the most capital and expertise-constrained class within the insurance industry,’ says global head of cyber
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News AnalysisLLM opportunities in insurance far outweigh risks – Shift Technology
With LLMs becoming increasingly more popular in the insurance industry, does the technology’s value outstrip its risks?
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NewsMajority of insurance bosses say innovation is key to risk mitigation
’Every advance in technology creates new opportunities to innovate,’ says banking and decisions solutions division executive
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NewsCFC names ‘biggest obstacle’ for UK brokers selling cyber cover
’Strong IT security measures don’t negate the value of cyber insurance,’ says cyber product lead
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NewsResilience expands cyber underwriting capacity through RSA deal
’The cyber environment is a complex and changing one,’ says managing director of UK specialty lines
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News AnalysisBriefing: Upcoming industry ‘stress test’ should pose no problems for UK insurers
The general insurance industry should pass the regulator’s test with flying colours, says acting editor
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NewsInsurance industry to face ‘dynamic’ stress tests
’The dynamic nature of the exercise represents a significant change from previous exercises,’ says regulator
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NewsE-scooters ‘may not be around much longer’ amid risk of battery fires and ‘lack of control’
’There is a particular issue with the lithium-ion batteries at the moment,’ says head of fraud and financial
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NewsHow AI helped accelerate Axa Commercial’s response to RAAC issue
’Using the AI tool enabled us to react quickly to an urgent issue,’ says director of customer risk management
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News AnalysisThe Big Question October 2023: How can insurers reduce complaints made about them?
The number of complaints made about car or motorcycle insurance to the Financial Ombudsman Service (FOS) surged between April and June 2023
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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 AnalysisIn Focus: The emerging protection gaps concerning commercial brokers
’It is incumbent on us all to make sure we are having conversations with customers,’ says chief executive
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NewsFCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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NewsMajority of UK SME c-suites lacking awareness of cyber risks
’Business leaders have been thrown into an ever-changing and complex landscape,’ says vice president and general manager
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NewsABI launches cyber safety tool to help SMEs bolster security
’We’ve designed a tool that is easy to understand,’ says head of general insurance policy
