Business Interruption
Chief executive impersonation fraud rises during economic downturn and AI explosion
The increasing use of artificial intelligence has made impersonation fraud more accessible, against the backdrop of inflation and economic uncertainty
Markel’s ‘significant digital investment’ reflected in improved eTrading results
The insurer ‘never forces brokers down the eTrade path,’ says broker sales director
Allianz Trade launches new cover to tackle rise in employee fraud
’Post pandemic economic uncertainty means businesses face a heightened risk of internal and external fraud,’ says chief executive
Ben Legg: eTrade SME commercial sector ‘quite competitive’ but opportunities ahead
’Brokers are a real distribution engine, they maintain and improve relationships with the SME commercial consumers,’ Open GI’s chief product officer tells Insurance Times following this year’s eTrading survey results
Ecclesiastical enters new sector following broker demand
’The more we grow, the more we can give to good causes,’ says managing director
If a solar flare storm struck earth tomorrow, is the insurance industry ready?
’Without proper modelling of such complex interconnected risks, the impacts are largely unknown,’ says senior meteorologist
Lukango and specialist insurer ink partnership to ‘demystify insurance’ for small businesses
’We are helping small business owners demystify insurance with jargon-free, tailored insurance purpose-built for them,’ says chief executive
Briefing: Lloyd’s of London’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
West End theatre group to sue Allianz over alleged BI failure
It is one of a series of Covid-19 BI claims arising from the pandemic lockdown when businesses were forced to shut
Damian Glynn: The BI expert aiming to inspire the next generation of loss adjusters
Sedgwick’s director and head of financial risks tells Insurance Times why loss adjusting is so rewarding
Briefing: Climate change sees risk managers demanding shift from insurers
Traditional insurance products may not be fit for purpose in the face of evolving climate risks – insurers and brokers must therefore rethink propositions, according to surveyed risk managers
Cadbury owner settles legal battle with Zurich over $100m NotPetya cyber claim
The debate around state-backed cyber attacks has progressed due to the Russia-Ukraine conflict, highlighting the need for ‘proper’ cyber cover
Cyber attacks rise among SMEs while cover levels remain low – Aviva
‘Lower value but equally disruptive attacks are becoming increasingly commonplace for SMEs’ compared to those with ‘big security budgets’, says head of cyber
Insurers welcome High Court decision in Stonegate Group Covid-linked BI case
The pub and restaurant business is planning to appeal aspects of the court’s decision, while insurers have called the judgment ‘a positive outcome’
CTP regulation provides insurers with new opportunity – CFC
Potential regulations could allow insurers to provide ‘regulatory investigation cost coverage’.
SMEs face significant levels of uninsured risk amid ‘tumultuous’ times – Aviva
Brokers are therefore vital for providing advice to protect businesses through economic headwinds
Briefing: Reinsurance sector still facing BI ‘big issue’ despite clarity for direct market
A lack of visibility around aggregation arbitration is preventing the reinsurance sector from dealing with Covid-related BI claims
Simon McGinn: Clarifying ‘challenging’ BI wordings could lead to ‘narrowing the cover’
Insurers must help brokers carve out more time to have ‘critical’ client conversations around what policies do and do not cover, says commercial lines chief executive
MGAs can help ‘keep insurance relevant’ – David Howden
The insurance sector’s reputation has suffered as a result of the Covid-19 pandemic, which MGAs could help remedy, says chief executive
Superscripts expands to Netherlands amid European launch
The Netherlands is a ’natural next step’ according to its co-founder and chief executive
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
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