Risk Management – Page 69
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News59% of SMEs rely on credit to pay for insurance – Premium Credit
The research revealed that the Covid-19 pandemic was the main reason for using credit, followed by rising premiums
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NewsUK’s retail and industrial sectors face biggest flooding risk – FloodFlash
FloodFlash’s chief science officer says that floods in Northwich and London are ’a pertinent reminder of the ongoing threat from extreme weather’
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NewsStaff complacency increases cyber risk for firms
Exactly 31% of respondents admitted to sharing workplace passwords
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NewsPrevisico and UK-based MGA ink partnership to boost flood resilience
The latest partnership aims to support SMEs to better protect their business using flood resilience measures
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NewsDirect Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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AnalysisESG concerns look set to grow
’ESG reputation could become as important as product, service and price,’ says Allianz Commercial’s chief underwriting officer
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Sponsored ContentPost-pandemic sees increased appetite for legal protection cover amid inflation – Arag
The cost of the living crisis is gripping the economy, meaning inflation is higher than it’s been in more than 30 years, Andy Talbot, head of sales at Arag, highlights the ’cost of doing business crisis’ facing firms in a post-pandemic world
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AnalysisUnderwriters ‘don’t understand the risks’ of EV accidents
Education and training are needed for all emergency services to reduce risks to consumers and first responders in the event of a car crash involving an electric vehicle
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NewsLloyd’s of London faces legal battle after Putin ‘swipes’ 500 planes
In March, the Treasury banned UK insurers and reinsurers from serving Russian firms
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AnalysisHow can the broking sector tackle the ‘significant headache’ of job vacancies?
Part of the solution to broker shortages lies with selling the idea of a career in the sector to university graduates and school leavers
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NewsFCA collecting data on fair value for leaseholders
Leaseholders have warned that a ‘major financial scandal’ is developing over hidden commission fees
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NewsZurich UK enhances new small fleet policy for electric vehicles
The policy will now include a like-for-like EV replacement when customers use one of its improved repair networks
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AnalysisTinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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AnalysisBriefing: Climate change transition planning is likely to be a task and a half
Although the government’s new taskforce is promising ‘gold standard’ guidance for net zero transition planning, small supply chain vendors may be the hiccup for listed firms’ success
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NewsBrokers lack resource and knowledge to tackle the climate crisis – Ecclesiastical
One in five said their company had no interest in being net zero, according to the insurer’s latest research
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NewsDraft Online Safety Bill to be scrutinised following second reading
The Bill will be scrutinised in the committee stage and should be presented back to the legislature by 30 June 2022
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AnalysisIs telematics set for a popularity boost following FCA’s fair value changes?
With better technology and new regulations on pricing, could telematics be preparing for its time in the sun?
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News76% of Brits do not understand health insurance cards – Direct Line
The insurer warns that the ‘gap is growing’ for Global Health Insurance Cards
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NewsSMEs must ‘step up’ cyber security game amid Ukraine-Russia war – Aviva
Brokers have a key role to play in educating customers on cyber risk and resilience
