Risk Management – Page 55
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News AnalysisBriefing: Commercial brokers must build cyber cover confidence to avoid ‘lazy broking’
Are brokers sufficiently equipped to have well informed cyber insurance discussions with clients or are they ‘doing a very poor job on the whole’?
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NewsFCA highlights focus areas for Consumer Duty implementation
The multi-firm review from the regulator ‘should be of real concern to the industry’
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News AnalysisThe Big Question January/February 2023: How can insurance firms help SMEs amid increased business insolvencies?
As UK business insolvencies spike due to tighter financial pressures, Insurance Times asks industry leaders about what firms can do to mitigate the risk
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NewsCustomers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
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NewsBrokers are ‘absolutely fundamental’ to risk management innovation - Andrew Griffith
The new economic secretary applauded brokers for ‘helping the sanctions to try and bring pressure to bear on Russia as it has pursued its illegal war in Ukraine’
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NewsPRA identifies improvement areas for GI losses
Some common gaps in data and modelling were also highlighted
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News AnalysisBriefing: Hybrid working creates opportunities - but the risks need to be understood
Brokers must understand the ramifications of the new working order to support both insurers and end clients
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NewsManifesto 2023: Cost of living crisis heightening underinsurance is a ‘concern’
Standalone cyber insurance is one of the most common products where insureds opt to drop cover, according to Biba’s latest research
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NewsZurich teams up with South Pole to support clients' net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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NewsManifesto 2023: Biba calls for compulsory public liability insurance for e-scooters
The broker body has also taken aim at regulation surrounding automated vehicles
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NewsManifesto 2023: Insurance sector needs time to prepare for ‘significant impact’ of Martyn’s Law - Biba
The broker trade body may compile a scheme to help its members action the new duty’s requirements
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NewsBiba launches 2023 manifesto with focus on risk management and stability
Executive director confirms that ‘stability is a key message’ that the trade association wants to bring ‘forward this year’, with focuses on regulation, financial resilience and enabling economic growth
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NewsCost of living crisis named as top concern for UK heritage organisations – Ecclesiastical
’Brokers play an important role in helping heritage clients understand the risks they are facing’, says customer segment director
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News AnalysisCannabis: A growing insurance problem
Tenants using residential rental properties ‘for the harvest of drug crops’ are ‘the biggest threat to private landlords’ – brokers and insurers must have this risk on their radar to combat rising claims
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News AnalysisIn Focus: How can the insurance sector mitigate increasing HNW subsidence claims?
Industry experts weigh in on the causes why high net worth subsidence claims are rising and discuss how best to respond to this risk
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NewsHalf of UK businesses could be underinsured – Aviva
The threat underinsurance plays to SME businesses has reached a ‘critical point’, says chief executive
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NewsBusiness confidence in UK economy plummets – Aviva
The insurer’s latest report found ‘a veritable collapse’ in business outlooks
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NewsRenewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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NewsMoJ launches consultation on dual discount rates for personal injury claims
It is essential that this ’does not turn into a cost saving exercise that benefits the balance sheet of compensators’, says executive director
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News AnalysisIn Focus: Is high net worth cover ‘too generous’ for clients?
Broker leader reveals potential ‘recipe for disaster’ from having ‘underpriced’ premiums and ‘too good’ cover in the HNW market
