Risk Management – Page 40
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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NewsBiba’s regional committees ‘integral’ to broker trade body
’Our regional chairs feed into the Biba board via their own advisory board,’ says chief executive
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NewsMiller expands into parametric insurance market
’The formation of this specialised team underscores Miller’s ongoing commitment to innovation and client-centricity,’ says head of energy and construction
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NewsCollaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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NewsBiba and MGA team up for high value home insurance scheme
’Managing the insurance requirements of HNW individuals is important for both personal lines and commercial brokers,’ says head
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News AnalysisWill insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
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NewsInsurance industry has a ‘dearth of creativity’ – Sam White
Dealing with modern challenges requires creativity to ’think differently about the problems and find different solutions,’ says chief executive and founder
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NewsMotor insurance ‘a door shutting in peoples’ faces’
’Looking at insurance in the [context] of what products serve consumers as a stepping stone is important,’ says chief executive
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NewsPricing of motor premiums ’fundamentally discriminatory’
’If we use occupation, postcode, all those [types of] things, then we are going to discriminate against vulnerable consumers,’ says chief executive
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NewsFraudulent activity surrounding luxury watch claims ‘as high as 50%’
’Common scenarios include fictitious losses or a watch being used to make multiple claims with different insurers,’ says managing director
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NewsSpecialist marine MGA secures FCA approval
’We are now able to realise our growth ambitions,’ says chief executive
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NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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NewsBroker to bolster predictive capabilities through new partnership
’There has been a definite acceleration in the awareness of AI and machine learning across the wider GI industry,’ says chief executive
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NewsEcclesiastical launches new risk assessment tool
’In such a volatile risk landscape, having effective risk management arrangements is vital,’ says head
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NewsAI to play ‘pivotal role’ in combatting cyber risk – GlobalData
’The ability of AI to improve threat identification is key in addressing the continuous evolution of cyber threats,’ says project manager
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Sponsored ContentRestoring consumer trust in the insurance sector – Love2shop
Sponsored content: Love2shop’s director of business development, Frank Creighton, explores why consumer trust in insurers is falling and how this can be rebuilt
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News AnalysisWhat will 2024’s elections mean for business and insurers?
’You need to understand everything you touch in your supply chain and think about how these different political risks might manifest themselves,’ says head of strategic risk consulting
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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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NewsMillions of UK homes at risk of underinsurance
’It’s shocking to see that so many might not have the coverage they need to keep their possessions safe, says expert
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NewsFlood damage reported to insurer after storm nears £10m
’As a nation, we need to become more resilient to extreme weather events,’ says head
