Risk Management – Page 100
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NewsCommercial insurance pricing up by 44% in UK – Marsh
Global commercial insurance pricing was also up by 22% in Q4 2020
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NewsControl systems are in cyber criminals’ crosshairs, warns report
The London market has been warned it needs to better understand the rising threat of cyber attacks to industrial and manufacturing facilities, as criminals switch their focus to find new ways to extort and disrupt businesses
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NewsFCA issues new guidance for the treatment of vulnerable customers
The regulator has put forward this guidance to generate consistency in the treatment of vulnerable customers
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NewsData holds a ‘huge opportunity’ for the insurance industry – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Allianz’s Chris Wyard discusses the pros and cons of decision trees
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NewsPremium Credit to offer payment options for supplementary FSCS levy
Insurance firms typically have 30 days to pay up on supplementary levy charges
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News AnalysisBI claims set to place ‘huge burden’ on loss adjusters following Supreme Court ruling
As well as new business interruption claims, many loss adjusters and assessors are also seeing an influx in ‘resurrected’ claims that have been awaiting the appeals judgment before being progressed
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FeaturesPrince Charles warns insurance industry to speed up progress around climate change
The Prince of Wales emphasised that there has to be ‘a move to net zero ambitions on the underwriting side, so that insurance companies can take action and drive change with their clients across the economy’
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Sponsored Content2021, a year of opportunity – Nexus
In the January-February issue, Colin Thompson, Nexus Underwriting Management’s group chief executive tells Insurance Times how those businesses that learnt from the challenges of 2020 will be one step ahead this year
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NewsRock Insurance Group reveals new underwriting agency
The underwriting agency looks forward to building successful broker partnerships
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NewsConsumers still ‘cautious and sceptical’ over how insurers use data – FOIL
Speaking at a Forum of Insurance Lawyers’ (FOIL) webinar last week, Duncan Minty, founder of Ethics and Insurance, says that if insurance intends on being successful with innovation, it needs to close the trust gap with consumers
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News AnalysisCovid-driven digital shift opens door of opportunity for new brokers
The Covid-19 pandemic has fast-tracked the use of digital solutions in broking. Insurance Times explores how digital shifts during the pandemic has opened up the market for new broker opportunities
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NewsLloyd’s warns syndicates of ‘increasingly high risk’ cyber attack threats from Internet of Things devices
Lloyd’s worked in partnership with CyberCube and Guy Carpenter on its new report for syndicates, designed to support their understanding of emerging cyber risks
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NewsRegulator warns capital markets will need to be part of future BI provision
The future provision of business interruption insurance is likely to require the use of alternative risk transfer solutions given the lessons learned from Covid-19
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NewsBuilding Safety Register reveals new manifesto
The Building Safety Register’s co-founder hopes the manifesto will provoke wider discussion over the implications of building safety for the insurance market, as well as highlight risk management measures
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News AnalysisAmazon’s Ring incidences expose cyber insurance inconsistencies and new IoT risks
Insurance Times explores the emerging risks from Internet of Things’ devices, as well as how it could be an opportunity for brokers and insurers
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NewsBiba backs government’s extra £3.5bn cash injection to address cladding dilemma
The trade association will continue working with government to deliver a targeted, state-backed indemnity scheme
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IT InterviewInsurers not ‘profiteering’ from soaring building premiums post-Grenfell – ABI
In a recent blog, director of general insurance, James Dalton outlines the perspective of insurers having to cover the risks associated with high-rise buildings post-Grenfell
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NewsInperio to offer reduced professional indemnity premiums to solicitors via new partnership
Solicitors have had a tough time with professional indemnity insurance, but the MGA hopes to offer clients a quick and easy way of getting cover remotely
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NewsVisually and mobility impaired pedestrians are ‘most vulnerable’ in e-scooter incidents – Weightmans
A panel of insurance industry experts discuss the safety criteria around e-scooters and vulnerable road users, as well as the use of data from the ongoing government trials
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NewsManifesto 2021: Biba to work with government on cladding insurance issues post-Grenfell
In Biba’s latest manifesto themed ‘Resilience’ launched today, the trade body has deemed the ongoing problems with cladding for professional indemnity insurance and buildings insurance “vital to resolve”
