Risk Management – Page 69
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NewsInflation-driven ‘dip’ in renovation market could hit HNW sector
However, ultra high net worth clients may be more resilient to underinsurance caused by inflation
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AnalysisWill the UK government’s road to net zero strategy drive classic cars to extinction?
Classic cars could provide an alternative to electric vehicles as they are more sustainable then the general public may assume
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NewsEcclesiastical enhances art and private client policy to cover cyber risks as standard
Art and private client business director reveals that policy changes are the result of broker feedback
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AnalysisBriefing: Russia-Ukraine conflict takes toll on insurers’ half-year results
Insurers are preparing for further losses as Russia continues to hold on to leased planes
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IT InterviewRichard Tomlinson: Tackling the big problems around data and insurance
Risks are always evolving, but data is being amended at a snail-like pace – if data was more accurate, this could lead to better insurance pricing
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NewsPrevisico plans US expansion following partnership
The insurtech has started its American expansion in New York City
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NewsMarsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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AnalysisDynamic IP addresses cause ‘big challenge’ for underwriters using cyber risk rating reports
Improving the underwriting process for cyber insurance requires a ‘holistic view’ ahead of the ‘next big shift’, says Aviva’s head of cyber
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AnalysisIn Focus: Could telematics present a win-win for insureds and the industry as the cost of living crisis ramps up?
As inflation accelerates and wages fall, the ‘risk reductions’ provided by telematics-based motor insurance could allow insurers to pass on ‘cheaper premiums’ to their customers
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AnalysisProfessional winter sport athletes left out in the cold by insurance
Brokers must ‘think outside the box’ if they wish to fill the winter sports protection gap
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NewsE-scooter and e-bike lithium-ion battery fire claims spark losses of over half a million pounds – Axa UK
The insurer is warning commercial businesses and consumers of the risks associated with fires resulting from the electrically powered micro-mobility vehicles
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NewsThree ‘I’s that lead to underinsurance pose ‘real reputational risk’ for insurance industry
But brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures, says commercial lines boss
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NewsPool Re launches members consultation on suggested transition to treaty model
The reinsurer’s consultation will run until the end of October 2022
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NewsThunderstorms on the horizon heighten risk of flash flooding – Ecclesiastical
Insureds need to prepare for flash flooding as it can be quick and ‘hard to predict’, says risk management director
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NewsAdmiral enters pet insurance market
The launch forms a key part of the insurer’s ongoing strategy to diversify its business and respond to consumers’ needs
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IT InterviewMGA Q&A: ‘When underwriting criteria tightens, MGAs come into their own’ - FloodFlash
FloodFlash’s head of marketing, Chris Hall, provides an overview of the factors impacting MGAs and explains what FloodFlash has been up to over the last 12 months
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NewsSwiss Re Institute warns of mixed impact from economic slowdown and high inflation
The UK insurance sector’s priority right now should be embracing ‘data and innovations’ to build an understanding of the factors that shape present and future risks, says divisional broker representative
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NewsRates ‘will need to increase’ to accommodate high inflation – Allianz Holdings
Amid predicted inflation increases and an impending recession, insurer boss has fears around underinsurance and incorrect indexation in the commercial market
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AnalysisCyber risk rating reports versus threat intelligence - what is ‘the best tool’ to analyse firms’ cyber security?
Industry leaders expose problems with cyber vulnerability assessment tools and discuss new ways to get ahead of cyber criminals
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AnalysisWhat does an effective response to the threat of systemic risks look like?
The public expects ’insurers to lean into the challenges posed’ by systemic risks and work to develop solutions, says ABI’s director of GI policy
