Risk Management – Page 9
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News AnalysisFrom Uber to robotaxi: Rising premiums and the driverless dawn steer taxi cover trends
‘The liability question, is key. I’m not sure the risks of autonomous taxis are fully understood by the industry at this point, or that enough real-world mileage has been undertaken to yet form a complete view,’ says head of motor
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News AnalysisCracking foundations: How 2025’s summer drought is sinking UK homes
Hotter, drier summers are leading to an increased risk of subsidence damage to UK properties and – with population centres in south east England most at risk – insurers will be wary of climate driven dangers
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NewsFlood Re announces changes to senior executive team
’The appointments reflect our desire to have a strong and knowledgeable executive team,’ says chief executive
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NewsInsurers need to ‘weed out signal from noise’ amid ‘polycrisis’
‘The market is tremendously resilient, it will survive. It has seen polycrisis before,’ says chief underwriting officer
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NewsHyperexponential launches new portfolio intelligence product
’[This] is a massive new product area for us,’ says chief product officer
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NewsInsurers under pressure from tight timescales and resource constraints
’There are real opportunities to improve efficiency, embrace automation and ensure emerging risks are appropriately captured,’ says partner
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NewsNew property facility aims to combat commercial underinsurance crisis
‘Our proposition has been designed in collaboration with global insurers, existing clients and trusted professional advisers to the real estate sector,’ says managing director
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IT InterviewAlastair Swift: Willis cementing ‘deep specialty expertise’ as a ‘true differentiator’
’Others may be really interested in breadth, but we’re really interested in expertise and being leaders in our chosen fields,’ says broker’s head of specialties
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NewsSMEs warned of ‘serious consequences’ if not prepared for cyber attacks
‘Their lack of cyber resilience can have serious consequences, not only for their own organisations, but also for their supply chains,’ says head of cyber
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NewsUK insurance market remains ‘unchanged and buyer-friendly’ for 2025 – Aon
’It is a highly competitive environment and insurers are looking to try and differentiate themselves with the cover they offer,’ says broking director
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NewsNearly 60% of carriers set to increase MGA capacity in next two years – Clyde and Co
’This year’s report reflects a sector that remains dynamic and forward-looking, even as it faces mounting pressure from both economic volatility and regulatory scrutiny,’ says partner
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NewsBridgehaven and IWG join up to launch insurance-backed guarantee for Iknowa
’By making best use of the Iknowa network and technology, we aim to deliver excellent support to the property owner at their time of need,’ says director
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NewsE-bike boom exposes regulatory and insurance gaps
E-bike use is rapidly rising, but outdated rules and poor data collection is making insurance harder to deliver
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NewsClaims handlers welcoming automation despite job security fears
‘Successful automation will empower claims handlers, not replace them,’ says deputy chief executive
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NewsBrokers warned as Middle East tensions push war risk premiums up 60% – GlobalData
‘War risk cover, once a niche product, is re-emerging as a critical discussion point,’ says data and analytics firm
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News AnalysisWhat 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
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NewsUK skills shortage blocking AI adoption – Allianz Trade
‘Bridging this skills gap will support the drive for innovation, productivity and long-term growth in today’s competitive landscape,’ says chief executive
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NewsInsurers urged to back nuclear fusion as commercial viability nears
‘Within the insurance market, there’s only a few massive opportunities that come through in any one single career to this size and scale,’ says underwriter
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NewsAegis London increases political and financial risk line sizes
’While many insurers may gravitate towards safer risks and sectors higher up the credit curve, there will be opportunities for those who can navigate and identify opportunities below this threshold,’ says class underwriter
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News AnalysisThe risks and rewards of hyper-personalised insurance models
High quality data enrichment and AI supported risk assessments are leading to the hyper-personalisation of insurance, bringing a suite of pros and cons for industry professionals to navigate
