Risk Management – Page 62
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NewsRoyal Mail hit by ‘cyber incident’ that caused disruption to international post
Royal Mail has apologised for any inconvenience caused and has also launched a full investigation alongside cyber crime experts
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News AnalysisBriefing: Risk landscape reveals that industry still faces new year uncertainty
This month is pivotal for the insurance sector, however many questions remain
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IT InterviewRyan Birbeck: Cyber cover set to be ‘significant focus’ for Aviva in next three years
Distribution director for regional brokers believes the insurer is currently ‘underweight’ when it comes to cyber insurance provision
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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News AnalysisBriefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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News AnalysisBriefing: No new year joy for insurers as reinsurance renewals deliver little comfort
Predictions of a decline in the market’s reinsurance capability seem to have been well founded, says broker chief executive
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NewsIUA publishes business plan for 2023
The association has highlighted key challenges for the London Market in the coming year
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NewsCyber insurance set to be one of the biggest property and casualty lines – CyberCube
’Brokers are the linchpin’ between insurance relationships says CyberCube senior product manager
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NewsUK economy set for 2023 recession amid ongoing inflation and energy crisis – Allianz Trade
Business insolvencies in the UK reflect inflationary pressures and high energy costs, according to Allianz Trade’s chief executive
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NewsCompass partners with premium finance provider
Network boss believes brokers must ‘be prepared against the unexpected’, with one possible solution being the provision of ‘more flexible payment options’ for clients
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News AnalysisBriefing: Legislation sorely needed to help mitigate ‘six-figure’ e-scooter claims
However, with the onset of legislation, the potential for first and third party fraud could rise
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News AnalysisParametric insurance poses ‘really compelling’ solution to climate change driven weather events
Following November’s Cop27 conference, the impact of weather events influenced by climate change has hit home – and brokers are looking outside of traditional covers to help clients
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NewsBest of Christmas Backchats 2022
After 12 whole months of backchats, Insurance Times has rounded up the best Christmas backchats for December 2022 including a pink grizzly bear, Santa’s naughty or nice list and an epic dance-off. You heard it here first….
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NewsMore than 40% of SMEs saw insurance premiums rise in last year – Premium Credit
Rising insurance premiums also influenced 9% of respondents to reduce the level of cover on their policy
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News AnalysisIn Focus: Insurers must brace for property disrepair claims as CMCs’ interest is piqued
Counter fraud experts have seen cases where certain CMCs have encouraged vulnerable customers to pursue ‘exaggerated or unmeritorious claims’
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News AnalysisBriefing: Underinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this an active decision, or has the insurance industry failed to properly communicate the risks of underinsurance?
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NewsInsurance Times Awards 2022 in pictures
All the glitz and glamour from the IT Awards 2022, can you spot yourself?
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IT InterviewQ&A: ‘Granular claims data with cross-search functionality has been a big blind spot for the market’ - LexisNexis Risk Solutions
Insurance Times speaks with Carla McDonald, director of insurance claims product management at LexisNexis Risk Solutions, about how claims data can be better utilised to support brokers
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NewsInsurance sector ‘perfectly positioned’ for carbon removal action – Swiss Re
Senior risk manager advises underwriters to not be “scared” of providing cover for carbon removal because many of today’s insurance products are fit for purpose for these processes
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NewsSMEs potentially priced out of cyber cover due to ‘ongoing issue’ of rising premiums
How insurers quantify cyber risks has to change in order to effect more stable pricing in the long term, says commercial director
