Risk Management – Page 77
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NewsCyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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NewsLloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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NewsLloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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NewsUK ransomware attacks rise by 100% in 2021 – RPC
Despite the increase, businesses risk being underinsured until insurers ‘take matters of cyber security seriously’, says cyber and tech head
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NewsMercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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NewsBlink Parametric partners with Lloyd’s broker to expand parametric offering
The partnership sees the early roll-out of the insurtech’s flagship parametric solution as well as the expansion of its product pipeline
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AnalysisInsurance sector rallies around Ukraine
Insurance Times rounds up how the UK insurance industry has responded so far to the ongoing conflict
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NewsDo insurance prices differ depending on race?
Insurance Times speaks to industry experts following Citizens Advice revealing a car insurance ‘ethnicity penalty’
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AnalysisIs the insurance industry using too much data for underwriting?
The lack of transparency around ‘secret resource’ underwriting data is one of insurance’s ‘greatest flaws,’ says consultancy managing director
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NewsOnline Safety Bill introduced to parliament
New measures have been introduced to push tougher criminal sanctions on tech bosses and data manipulation
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NewsSwiss Re debuts ‘enhanced’ oil and gas policy
The reinsurer has sent a ‘strong message’ to fossil fuel companies and governments with its new commitments
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NewsParametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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NewsMIB and Wipro partnership set to overhaul industry’s data services
The deal will help MIB to better respond to the evolving needs of its customers
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AnalysisBriefing: Ukraine war aggravates claims inflation headache for insurers
Claims inflation was already biting, but now the consequences of the Russia-Ukraine war will add further pressure
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NewsPre-inception loss fraud upticks by 156% - LV=GI
The easing of Covid-19 restrictions is also triggering increased activity from organised crime groups
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NewsAround 800 UK accidental damage claims per year are dog-related – Aviva
Home insurance policies usually have exclusions for pet-related damage, including chewing, scratching and fouling
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NewsMarsh pulls all Russian business
The move comes alongside a condemnation of the ‘unprovoked attack’
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NewsInternational Underwriting Association reveals top systemic risks in technology evolution
Despite increased risks and other challenges, insurance firms are ‘stepping up’ to the challenge
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NewsSedgwick names new UK head of fraud technology and intelligence
The loss adjustor has saved clients more than £100m in fraud costs over the past few years
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AnalysisBriefing: Industry’s appetite proves it needs to improve its menu
Insurers’ lack of appetite for cyber and climate-related risks will see industry’s relevance nosedive in the eyes of customers
