Risk Management – Page 59
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NewsVan Gogh’s Sunflowers incident highlights need for proper cover
The protest action highlights the need for art collections to be sufficiently insured, says head of private clients
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NewsLloyd’s and Aon urge industry to build customer resilience amid Russia-Ukraine war
The pair will be establishing an innovation forum
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NewsMcCarron Coates joins van fleet security specialist on new insurance offering
The broker’s founding director believes the team’s offering will have a ‘tangible positive impact on risk’
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NewsJudgment reins in liability for horse owners
The case also reiterates the importance of insurance for horse and livestock owners, says partner
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IT InterviewPaul Mang: Addressing big, evolving insurance risks is ‘meaningful work’
Guidewire’s chief innovation officer explains how technology and the risk landscape have changed following business models shifting post-pandemic
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NewsCTP regulation provides insurers with new opportunity – CFC
Potential regulations could allow insurers to provide ‘regulatory investigation cost coverage’.
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NewsBroker clients cutting cover as economy worsens – RSA
Rising energy prices and high wage demands are two of the issues topping insured’s current concerns
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NewsCyber insurance uptake with SMEs remains low – GlobalData
’Insurers need to show they can help businesses stop attacks by offering preventative coverage, security systems and staff training’ says GlobalData insurance analyst
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NewsWorkplace stress tops concerns for UK brokers in 2022 – Ecclesiastical
Around 10% of brokers reported feeling uncomfortable about discussing their mental health with employers
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NewsMotor insurers and credit hire companies agree increased hire rates
The move hopes to ease pressure among GTA members and reduce risk for end customers
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NewsPFR measures could majorly mitigate future flood losses – JBA Risk Management
The firm said the insurance market will see profit from Flood Re’s BBB scheme in seven years if just 3% of suitable properties were invested in
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News AnalysisBriefing: Conservative financial strategy leaves industry seeing red
Insurers’ hopes of managing the inflation crisis were badly dented by the reaction to the recent mini-budget
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News AnalysisD&O facing crunch renewal as capacity continues to increase
There has been a correction in the D&O market post-pandemic, but this has not been seen across the board, says senior underwriter
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NewsTool theft crisis hits self-employed hardest – Simply Business
Of those who had tools stolen, 32% said they had not been financially compensated at all
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NewsEconomic headwinds push insurers towards bond ETFs – BlackRock
A total of 17 EMEA insurers have turned to these funds in 2022 alone
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NewsHastings Direct rolls out increased pay for employees amid cost of living crisis
Employees will also have access to free meals in the company’s Bexhill and Leicester offices
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NewsHome and motor insurance most likely candidates for coverage cutbacks amid cost of living crisis – NerdWallet
Almost half of all respondents cited the cost of living crisis as the main reason for cut backs and 66% said they had seen insurance premium costs increases over the past year
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News AnalysisIn Focus: Commercial lines brokers have ‘key role’ to play in supporting struggling hospitality clients through turbulent times
Pubs and restaurants are in a ’precarious position’ and face ’significant headwinds’ from a range of economic factors that brokers must try to mitigate as much as possible
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News AnalysisInsurers spooked as Halloween’s ‘mischief night’ approaches
With Halloween fast approaching, many insurers will be on their guard as the night is one the biggest for car theft, vandalism, fires and burglaries – but the need for cover doesn’t end there for some haunted customers
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NewsSMEs face significant levels of uninsured risk amid ‘tumultuous’ times – Aviva
Brokers are therefore vital for providing advice to protect businesses through economic headwinds
