Commercial Lines articles – Page 11
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NewsRecovery costs of cyber attacks outpacing insurance – Sophos
’While cyber insurance is beneficial for companies, it is just one part of an effective risk mitigation strategy,” says global director
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NewsBroker’s space practice blasts off from launchpad as dedicated London team created
’Launching a dedicated team in London has long been an aspiration contingent on us finding the right team,’ says chief executive
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NewsMGA snaps up Axa director for chief executive role
’Together, we will continue to deliver outstanding products and services to the global insurance market,’ says new appointee
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NewsInsurtech enters trade credit market with policy launch
’We’re looking forward to working closely alongside both new and existing broker partners to discover opportunities to expand the market,’ says chief underwriting officer
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IT InterviewDuncan Pritchard: MGA model’s power allows for a ‘nimble’ response
’Covid gave MGAs an opportunity to showcase themselves,’ says founder and managing director
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NewsGlobal cyber insurance market predicted to reach £23bn GWP by 2027 – Morningstar DBRS
Credit ratings agency predicts that ‘technological advancements, changes in the regulatory landscape and the advent of innovative insurance products will shape the trajectory of the cyber insurance market’
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News AnalysisBriefing: Summer set for a season of hot topics
Are insurers set to be viewed as those big businesses who have had it too good for too long?
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NewsNearly half of cyber professionals do not have the budget for adequate protection – Coalition
’The message coming across loud and clear is that the UK cyber insurance industry has to be better at engaging with clients,’ says UK head of insurance
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NewsInsurer hires ex-Axa XL broker manager for distribution role
’His experience, acumen and understanding of the market, combined with outstanding leadership skills, will help us drive momentum across Sompo’s business,’ says chief executive
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NewsSRG acquires schemes broker in first move following new investment
’Together, we are well-positioned to further support clients across the globe,’ says director
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NewsInsurtech scaleup enters fresh fleet insurance partnership with Admiral Pioneer
’Our combined strengths will lead to safer roads and more efficient fleet operations across the UK,’ says chief executive
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NewsClimate challenge will place unprecedented pressure on insurance sector – Howden
’Insurance is the financial bedrock needed to derisk investments and attract the additional capital necessary to mobilise the climate transition,’ says climate risk chief executive
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NewsAI is a colleague, not a replacement – Aviva
’It is about sweating our assets – how can GAI get them to underwrite better and faster,’ says chief operating officer
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NewsEuropean private equity investor acquires Atec Group
’It is a ringing endorsement of the business we have successfully built and our future strategy,’ says chief executive
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NewsBrokers promised seamless migration as NIG and FarmWeb policies move to RSA
The integration of 750 new staff following the acquisition has been a ‘huge success’, says distribution development director
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News‘Technology supercharging humans’ for personalised insurance service – Chris Loake
’Use AI behind the scenes’ to promote a ‘human touch,’ says group chief information officer
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NewsVapes now present major fire risk to schools – Zurich
’Disposable vapes can pose a serious fire risk as they contain lithium-ion batteries that can ignite if damaged,’ says insurer’s regional major loss manager
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NewsRates falling but SMEs still struggling to recognise cyber cover’s value – Marsh
’The market is currently buyer friendly,’ says broker’s head of cyber
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NewsAon promotes Asia Pacific leader to head up Global Broking Centre
’The increased complexity of global risks and the London market’s track record of innovation makes our Global Broking Centre more relevant than ever,’ says commercial risk chief executive
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News AnalysisBriefing: Time for the industry to sink or swim around flood risks
Flood-related claims are on the up, heavily influenced by climate change and the uptick in named storms – the insurance industry must take a proactive stance on this risk to avoid drowning in high claims volumes
