Risk Management – Page 83
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NewsMark Farmer: Insurance and construction sectors ‘need to get closer together’ on MMC
Underwriters must work with construction businesses to understand how modern methods of construction aim to eliminate randomised and systemic risks
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NewsChange isn’t easy, but it needs to start now – Flood Re
Despite the efforts to support victims of the Doncaster flooding, insurers are still getting it wrong, says expert panel
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IT InterviewMGA Q&A: Hard market is ‘obvious concern’ ahead – NBS Underwriting
NBS Underwriting’s managing director, Steve Cowman speaks to Insurance Times’s Savan Shah about what he deems the ’obvious concern’ which is the hard market and following this reduced capacity
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NewsDavid Amess: Sustainable energy agenda poses ‘major challenge’ to fire safety risks post-Grenfell
The MP is calling for another review of the building safety reform process because ‘fire safety has not kept pace with developments in building design’
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NewsPrince Charles and global insurance industry join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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IT InterviewMGA Q&A: ‘Listening to our brokers is key’ amid challenges and ongoing uncertainty – Victor Insurance UK
Victor Insurance UK’s managing director, John Stephenson speaks to Insurance Times about the challenges ahead for the insurance market and why listening to brokers is key
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News‘Risk exposure changes’ driven by changing Covid-19 lockdown measures – IFoA
The Institute and Faculty of Actuaries (IFoA) has highlighted a further challenge for general insurance pricing - how ongoing lockdowns should be considered within risk rates going forward
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NewsIndustry braces for claims as catalytic converter thefts surge by over 100%
The AA’s president says ’modern cat burglars stealing and selling cats for cash are part of a criminal chain’ following the insurer experiencing a rise back in April
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IT InterviewMGA Q&A: Business interruption crisis highlights ‘very little’ known about insurance cover – DOA Underwriting
DOA Underwriting Ltd’s director Phillip Oliver tells Insurance Times why the business interruption crisis demonstrated that ‘very little’ is known about insurance as well as discussing this year’s MGA survey
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NewsLloyd’s of London secures £650m five-year cover for Central Fund
With the backing of eight reinsurers, the cover will act as a ’significant buffer’ against adverse solvency
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NewsCovid erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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IT InterviewMark Colonnese: An ‘underserved’ pet insurance market leaves insurers ‘plenty of room for growth’
Investing in the latest technology will be a ‘real game changer’ for both businesses and customers
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NewsBoE launches climate stress test for banks and insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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NewsFlooding is ‘greatest natural disaster’ risk in UK – Flood Re and ABI
In a joint report, the ABI and Flood Re underline the importance of maintaining flood defences
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NewsInsurance sector could fork out up to $3bn for Tokyo Olympics cancellation
The International Olympic Committee is pushing ahead for the games to be conducted safely
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NewsLack of cover leaves SMEs exposed to cyber attacks – Aviva
Over three-quarters of businesses do not have any cyber insurance cover in place, despite escalating digitisation
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IT InterviewTara Parchment: HNW expertise and advice is ‘irreplaceable by technology’
Building relationships and client trust in products will enable the ‘very best of the high net worth insurers to shine’
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NewsAon using IoT to cover Covid-19 vaccine supply chain is ‘game changer’ says GlobalData
The insurer can establish trigger points, leading to faster claims settlements
