Risk Management – Page 44
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NewsIndustry issued customer service warning as market remains ‘competitive’
’Customer experience is a key differentiator,’ says senior manager
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News AnalysisLack of windscreen recalibration creates potential risk for road users – Auto Windscreens
The Markerstudy-owned firm has opened discussions with the UK government to improve safety on the roads using its recalibration technology
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NewsMore consumers actively looking for cheaper motor premiums as prices rise
’This year has seen the price of motor insurance increase alongside inflation,’ says chief executive
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NewsBiba renews signposting deal with government and ABI
’This agreement is a great example of the industry working together for the good of customers,’ says chief executive
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NewsAviva issues warning as majority of homeowners choose to repair broken belongings
’We encourage Brits to check whether they can claim for repair with their home insurers,’ says property claims director
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NewsGallagher UK launches new policy for students and accommodation providers
’It’s important that the insurance sector finds ways to innovate,’ says managing director of SME and partnerships
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News AnalysisHow are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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NewsCompass Insurance warns of increased claims from unpredictable weather events
’Static caravans are particularly susceptible to damage from storms or floods,’ says managing director
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NewsAqueous Underwriting secures capacity to launch new product for brokers
’It is vital that we listen to our brokers and meet their demands,’ says chief executive
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News AnalysisBriefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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NewsAA Insurance Services’ move to CDL a ‘win-win for brokers and consumers’
The move involved a ’rigorous tender process and discovery phase’, says chief executive
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News AnalysisBriefing: Wages now key to battle for talent, but industry must revamp its brand
’The goal is also to minimise the tedious, repetitive and mundane tasks that lead to staff disengagement,’ says chief executive
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NewsWarning as motorists could be losing up to £8.6bn on insurance claims
’Our data shows the harsh financial reality of payments which are lower than fair market value for drivers,’ says managing director
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News AnalysisBriefing: ‘Above average’ natural catastrophe losses for reinsurers should be a call to action for insurers
A trend of higher than average natural catastrophe losses has continued for the first half of 2023, according to global reinsurers
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IT InterviewSimon Ritterband: Huge market appetite as ‘genie is out of the bottle’ with drones
There is a “huge appetite” for drones in the Lloyd’s market as the technology is being used more and more in everyday life from surveying to inspection says managing director
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NewsCan new AI technology be utilised to reduce premiums for motorists?
Divisional head explains why the use of new technology can be ’great for all parties’
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NewsGraeme Newman: ‘Enormous opportunity to be had by leveraging technology’
’CFC has put technology at the heart of our business since day one,’ says chief executive
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News AnalysisBriefing: Antarctic warning will add to UK debate on climate insurability
The industry may well be at a tipping point where its role begins to shift
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News AnalysisChief executive impersonation fraud rises during economic downturn and AI explosion
The increasing use of artificial intelligence has made impersonation fraud more accessible, against the backdrop of inflation and economic uncertainty



























