Risk Management
Insurer issues plea as it warns of battery fire risk this Christmas
’Lithium-ion batteries can cause explosive fires if they get damaged,’ says product safety manager
Briefing: Educating policyholders on pet health could reduce claims
’Nobody wants a sick pet, it’s bad for the pet and it’s bad for pet parents,’ says chief marketing officer
Insurance Times Advent Calendar: Johnny Timpson
For the seventh day of Advent, Gain cofounder Johnny Timpson talks about helping vulnerable customers and Succession – not the Waystar one
Brokers key in emerging cyber risks education – Aviva
’The challenge for insurers and brokers is to work together to engage businesses,’ says head of cyber
Megan Bingham-Walker: ‘Insurance on the agenda’ for retailers as festive season parcel piracy ramps up
There is a fraudulent trend emerging around parcel theft that could spur new products in the insurance industry, says chief executive
Briefing: COP28 becoming all fund and games for insurers
Hillary Clinton has called for insurance to be reformed in a speech at the UN’s climate conference, but her requests are not so simple
Insurance Times Advent Calendar: Troy Stevens
For the fifth day of advent, Rhino Trade Insurance chief executive Troy Stevens discusses the likes of technology and carpool karaoke
Insurance Times Awards 2023: FSB Insurance Service aims to be a ‘trusted partner’ for SMEs
David Perry, managing director at FSB Insurance Service, talks about the company’s entry into the Customer Champion of the Year – Broker award
Growing political pressure on insurers could see premium increases limited
’Price adjustments and rate increases will lead to fierce competition as customers look for cheaper cover or cancel,’ highlighted Sollers Consulting
Vulnerable countries in the global South facing large GDP losses are not ‘uninsurable’ – David Howden
The insurance industry needs to ‘transform’ its approach to ‘protecting the most vulnerable against the devastating effects of climate change’, says top boss
Lloyd’s broker to support £9.5m restoration project with Aviva and Axa help
’We have a responsibility within the insurance industry to facilitate these types of placements,’ says chief executive
Markel Direct teams up with MGA for gig economy proposition
’We aim to revolutionise the insurance landscape,’ says divisional director
Rokstone launches new portfolio providing same-day quote turnarounds for brokers
Portfolio manager says contingency market is going through a ‘boom time’
Insurance industry facing ‘digital envy endemic’
Insurers are ’focused on digital transformation but paranoid about their progress relative to peers’ says consulting division partner
As John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
Current investment in UK flood defences not enough to combat climate-related losses
Chief executive warns continuous investment in flood defences alone is ‘not sufficient’ to mitigate the foreseen losses
Allianz Partners issues statement about contract dispute with Revolut
’Since 15 June, we no longer provide travel insurance to Revolut customers,’ says spokesperson
New MGA goes live to brokers
’The goal is to provide independent brokers with specialist products built on market-leading expertise and service,’ says managing director
Tara Foley: Reduction in inflation will have ‘positive impact’ on COR
’We continuously monitor the economic environment,’ says chief executive
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week