Risk Management – Page 59
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NewsBrokerFest 2023: Brokers must display understanding, communication and confidence to succeed with commercial clients
Businesses are also turning to their insurance brokers for risk management support, adds expert panel
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NewsIndustry needs to deliver underinsurance message as threat deepens
‘We are looking to arm the brokers with the data that will allow them to have a conversation,’ says head of underwriting transformation
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News AnalysisBriefing: Marine insurers hope Ukraine war anniversary will not leave them in sea of claims
With vessels still stranded in Ukrainian ports, there is a very real risk of marine hull claims following the conflict’s one year anniversary this month
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News AnalysisTrillion wide trade finance gap causes ‘challenging environment’ for insurers and SMEs
To address this, trade finance firms and trade credit insurers will need to act together
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NewsBrokers still bullish despite market challenges – Aviva
Although brokers remain optimistic about their business growth in 2023, 84% are concerned that their clients are underinsured, according to insurer research
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NewsABI urges industry to seize opportunities from current challenges in new strategy
The trade association believes the insurance ‘sector has a huge opportunity to work together to drive change’
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NewsBrokerFest 2023: Panellists set to discuss broker skill set required to support today’s commercial clients
Industry experts will clarify practical ways brokers can assist commercial clients amid the UK’s recessionary environment because ‘the role of the broker has never been more important’
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NewsBrokerFest 2023: The Clear Group, KPMG and Consumer Intelligence to discuss navigating macroeconomic trends at one-day event
Expert panel will talk through the implications on the insurance sector of the cost of living crisis, inflation, Consumer Duty and building resilience in closing keynote
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NewsLessons from Hurricane Ian can enhance UK resilience - Aon
Ground floor flood vents can play an important role in mitigating flood damage, for example
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NewsAI has ‘enormous potential benefits’ for insurance but regulators should target ‘safe and responsible adoption’ – Kennedys
‘Balancing the excitement of the potential of AI with the cutting edge associated risks is crucial’, says head of innovation
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NewsAllianz plans to work ‘incredibly hard with broker partners to deal with’ underinsurance
’Underinsurance is a serious problem and every broker I speak to understands that’, says chief executive
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NewsSupply chain risk demands businesses’ full attention – Chubb
‘Robust risk management and business resilience strategies are critical to future-proofing supply chains,’ says co-author
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NewsBiba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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NewsUK underinsurance crisis evident in 2022 - BCH
Buildings insurance valuation services company finds that for 75% of the instructions it received last year, the property in question was underinsured
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NewsJustice Committee requests evidence on impact of whiplash reform
The parliamentary committee wants to investigate the impact of governmental reforms
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NewsTelematics allows consumers to take an ‘active part’ in their risk profile – Redtail Telematics
The positive environmental impact of the technology can also help sell the concept to consumers, says chief executive
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NewsRisk managers note concerns over sensitive data stored by cyber insurers
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however
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NewsReinsurers’ retreat leaves marine underwriters to sail alone in a sea of rising risks
Marine insurance trade association confirms the sector ‘has much work ahead’ if it wants to keep pace with ongoing challenges
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NewsFirms must brace for cyber threats as working from home compounds risk – Aon
A global shortage of cyber security skills is projected to continue in the next three years, according to the broker
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News AnalysisBriefing: Insurers debating ‘if they want to play’ in cyber market despite ‘huge protection gap’
With cyber cover premiums ‘up almost 200%’ in aggregate, cyber insurance could be a profitable area for insurers willing to dip their toes into constantly choppy and changing waters
