Risk Management – Page 39
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsQ&A: Markel to make eTrading ‘more influential in some specialist lines in coming years’
John Dawson, broker sales director at Markel UK, discusses the insurer’s plans for developing its eTrading platform
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NewsInsurers exiting high-risk areas as climate losses surge
’Increased frequency of climatic events has exposed insurers to more risk,’ says analyst
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NewsArdonagh Advisory taps low code to accelerate digital transformation
’As we’re creating a new, scalable, flexible and resilient platform, we looked for the best solution to achieve support for this transformation,’ says chief technology officer
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NewsInsurers told to ‘really know how to use’ AI amid hallucination and transparency risks
’You have to know its limitations and risks,’ says knowledge lawyer
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IT InterviewBill Bradshaw: FM Global able to take ‘a really long-term view of risk’ where climate is concerned
’What is important is that we have the data that allows us to make really good decisions and look for innovative solutions,’ says operations manager
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NewsMarkerstudy to rebrand broking and distribution portfolio
’We’ve worked hard to improve our internal processes and communications,’ says managing director
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NewsInsurance industry facing ‘challenging period’ due to regularity of storms
Experts suggest that insurance firms are also facing challenges in adopting flood resilience schemes
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NewsMGA aiming to accelerate growth in broker market with new appointment
’Since launching our first product at the end of 2023, we have had great feedback,’ says chief executive
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News AnalysisAre difficulties in the motor market having a ‘negative impact’ on capacity for MGAs?
’The market is creating opportunities, but it is also creating a lot of challenges,’ says head
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NewsInigo inks deal to gain real-time insights in aviation war exposures
’This bolsters our vision to further develop Inigo’s data-driven exposure management capabilities,’ says head
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NewsAviva and Darwin announce second autonomous vehicle passenger shuttle
’This trial will give us access to a wealth of rich data,’ says head of motor
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NewsBearman steals the show as son makes impressive Formula 1 debut with Ferrari
David Bearman watched his son Oliver drive for Ferrari’s Formula 1 team over the weekend
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IT InterviewRob Munden: Euna’s Five Star service hinges on ‘not becoming complacent’
This year’s top rated MGA speaks to Insurance Times about what the firm has been up to
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NewsMusk lawsuit against OpenAI highlights need for clarity over ‘wild west nature’ of AI
’The situation underscores the complexities in the rapidly evolving landscape of AI,’ says head
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NewsInsurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
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News AnalysisBriefing: Are regulations on affordability pulling in opposite directions?
The associated costs of new regulation mean that insurance providers may soon have to consider whether affordability is affordable
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NewsNew parental leave product to ‘level recruitment and talent retention playing field’
’In recent years, there has been a push for companies to offer better parental leave pay,’ says chief executive
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NewsRSA launches enhanced A&H product for brokers
’We’re really excited by the positive feedback and the future prospects of our enhanced A&H product,’ says director
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
