Risk Management – Page 86
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NewsBrokers are ‘absolutely crucial in the survival of SME businesses’ through pandemic
Regarding the Covid-linked business interruption claims debate, brokers were in ‘prime position’ to tell ‘the truth of the story’ said broker director
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NewsEmployment claims influx ahead following furlough scheme closure – ARAG
Rates in the employers practices liability insurance market were hardening prior to the pandemic – some non-specialist providers had already withdrawn
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FeaturesBriefing: Brokers’ risk management role is key in preventing ‘contentious’ cyber ransom payments
The recent Colonial Pipeline cyber attack should act as a ‘wake-up call’ for businesses to better prepare for this emerging risk – and brokers are fundamental in laying risk mitigation groundwork
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IT InterviewStephen Murphy: Applied Systems’s next chapter ‘challenging previous assumptions’
Applied Systems Europe’s customer success director reveals what the software house’s plans with Google will mean for brokers and insurers
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IT InterviewJames Wright: New digital unit aims to give ‘our underwriters superpowers’
Insurers must get ‘comfortable with uncertainty and failure’ if they are to succeed in today’s fast-changing, tech-driven insurance environment, adds software consultant
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FeaturesOpinion: Hard graft ahead as brokers cement post-pandemic role
Editor Katie Scott explains why resilience is still important as the UK starts to exit the Covid-19 lockdown, compared to last year’s pandemic peak
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NewsInsurers brace for claims following New Providence Wharf blaze
The government aims to reclad all unsafe tower blocks by the end of 2021
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NewsNew SchemeServe Network could double brokers’ GWP from schemes
The new network is supported by a panel of seven insurers that specialise in schemes, including AXA and Hiscox
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FeaturesBriefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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IT InterviewEd Gaze: 2020 a ‘good year’ for Lloyd’s Lab, 2021 to be ‘much of the same’
Lloyd’s Lab is also making ‘subtle tweaks’ to its selection process to widen its net
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NewsAston Lark Ireland launches amid merger completion
The broker’s launch into the Irish market marks a ’significant milestone’
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NewsAviva teams up with insurtech for specialist cycling proposition
The insurtech’s chief executive says that he hopes to offer more products to Aviva’s customers in sports, leisure and business
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NewsTesco Bank bags Ageas UK’s stake of underwriting arm
The move also supports Ageas’s recently announced business strategy to focus on its core business
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IT InterviewSemi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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NewsIs this the future for Lloyd's? Digital syndicate in successful start
Ki has also developed and released its first broker API to allow brokers to integrate digitally with the syndicate’s algorithm
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News AnalysisD&O market challenges remain as capacity and conditions still a concern
Underwriters are ‘wary’ of claims against board members, therefore brokers must work to differentiate their clients’ risks
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NewsInsurtech sector reaches mega deals ‘record high’ in Q1 2021
The top three largest rounds were Next Insurance, Coalition and Zego
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NewsZurich warns e-commerce boom could spark warehouse blaze uptick
Zurich’s claims data shows the average cost of large warehouse fires is £5.9m
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NewsChubb and Marsh in world’s first Covid vaccination insurance deal
Chubb, Marsh, WHO and Gavi aim to insure eligible individuals from 92 lower-income countries and economies
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FeaturesIn Focus: What are the most pressing issues for the insurance sector post-pandemic?
The four panel chairs of Biba’s upcoming annual conference in May discuss the most urgent challenges for the insurance industry, as well as explain what the trade body’s annual conference means to them
