Risk Management – Page 58
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NewsNew MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
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NewsBriefing: Cyber clarity move may encourage underwriters to byte
Although the insurance industry may not have the ‘muscle memory’ to react to a major cyber event, Lloyd’s of London’s attempts to clarify cover around state-backed attacks could present opportunities for brokers
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NewsFlood Re completes East Peckham pilot to score properties’ flood resilience
The reinsurance scheme hopes its new flood resilience scoring could help underpin future insurer pricing
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NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
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NewsBrokerFest 2023 in pictures
Missed out on some of the sessions at BrokerFest 2023 on 23 February 2023? Check out Insurance Times’ photos of the event
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NewsUK’s most populated cities could see spike in risk of major flooding events
Flood Re says the findings ’support all the existing research on the impact of flooding in the UK’
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News Analysis‘All or nothing’ parametric policies can ‘cause problems’ despite benefits
The growth of parametric insurance propositions is undeniable, however there is a risk of legal disputes if policy terms are not crystal clear, says law firm partner
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NewsDirectors and insurers warned ESG litigation set to snowball
‘ESG is a business imperative for every company,’ warned partner
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NewsAre more businesses choosing to go down the self-insurance route?
Sense Consortium’s president believes insurers could ‘suddenly wake-up’ to less business
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NewsCompanies at risk of legal action amid likely PFAS clampdown, warn lawyers
There are growing concerns over the impact of the chemicals on human health
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NewsEntertainment industry ‘not out of the woods yet’ despite recovery – Allianz
The insurer warned the sector ‘must continue to evolve’
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NewsExperience is key to avoiding becoming a long tail casualty – Casper
‘The key is to be there for your clients when they need you,’ says chief executive
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News Analysis‘Cyber and technology risks’ pose ‘key challenges’ for aviation sector
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
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IT InterviewTroy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople
The specialist broker wishes to hit ’a sweet spot’ for supporting tradespeople rather than simply being a ‘jack of all trades’, says chief executive
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News AnalysisBriefing: Underwriter seeks to haul clients into tackling cargo crime with pricing incentive
MGA takes action after campaign to improve lorry safety appears to be on the road to nowhere
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NewsUK SMEs sent cyber warning after decoys hit by international criminals
‘Homeworking has widened businesses’ attack surface,’ says UK security researcher
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News AnalysisBriefing: HNW insurers must work with brokers better to tackle ‘nightmare’ Range Rover cover conundrum
Following increased Range Rover thefts, HNW insurers have put the brakes on their risk appetite for policies covering these cars
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News AnalysisThe Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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NewsMotorists seek new type of cover as cost and hybrid working change driving habits
Insurers that embrace non-annualised policies could ‘grasp a valuable opportunity’ to become ‘leaders’ in the motor insurance market, says white paper
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NewsBrokerFest 2023: Cost of living crisis boosts premium finance popularity
Brokers must provide clients with ‘every available option’ to pay for premiums, says senior account manager
