Commercial Lines articles – Page 31
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News
Broker reveals financial uncertainty as top risk for UK firms
’No commercial entity in the UK is exempt from requiring a robust approach to risk management,’ says chief executive
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IT Interview
Robin Gilthorpe: Helping the insurance industry achieve ’the name it deserves’
The ’key focus area for us in the coming year will be the UK market’, says chief executive
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IT Interview
Richard Hartley: Are we prepared for underwriters’ roles to change?
Technology is very quickly changing the skills required for underwriting, says Cytora chief executive
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News
Ransomware attacks changing ‘quite dramatically’ amid ‘massive uptick’ of cases
’The malware started to drop away, so it’s just cyber extortion,’ says chief executive
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News
CFC set to launch cyber monitoring centre in 2024
’The need to properly address systemic cyber risk has become more pressing than ever,’ says head of cyber strategy
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IT Interview
Neil Galjaard: Markel UK’s divisional managing director talks product strategy
‘You can knit the component parts together to give what is a truly differentiated proposition in that sector for the broker to deliver to their client,’ he says
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News
Superscript partners with high-street bank to offer customers cover
’We are providing more value for their business banking customers,’ says partnerships director
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News
Cyber insurance represents ‘small proportion’ of potential economic losses from major attack
A risk scenario published by Lloyd’s of London shows such an attack could result in potential global economic losses of $3.5tr (£2.8tr)
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News Analysis
Briefing: New product launch points to clear shift towards climate change resilience for clients
The launch of a parametric product for climate risks may provide a glimpse into the future, says Jon Guy
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IT Interview
Steve Hearn: New chairman advocates a ‘continuity of direction’ for PPL
After taking the helm in August 2023, PPL’s newest chairman discusses a key opportunity in the market and whether he will follow in the footsteps of his predecessor
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IT Interview
Howard Lickens: Clear Group ‘deliberately fussy’ about M&A targets
’This will be by far the biggest year we’ve ever had and I’d expect that to accelerate,’ says executive chairman
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News Analysis
Briefing: Cyber cover remains constrained as systemic fears persist
’Cyber is going to become the most capital and expertise-constrained class within the insurance industry,’ says global head of cyber
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News Analysis
LLM opportunities in insurance far outweigh risks – Shift Technology
With LLMs becoming increasingly more popular in the insurance industry, does the technology’s value outstrip its risks?
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News
CFC names ‘biggest obstacle’ for UK brokers selling cyber cover
’Strong IT security measures don’t negate the value of cyber insurance,’ says cyber product lead
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News
Direct Commercial launches first product on Open GI platform
’Brokers value speed of trading and simplicity of service and we continue to meet that need,’ says head of schemes
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News
Top 50 Insurers 2023 digital edition now live
The final ranking of the UK’s top general insurers has now arrived for 2023 – but where has your firm placed?
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News
Resilience expands cyber underwriting capacity through RSA deal
’The cyber environment is a complex and changing one,’ says managing director of UK specialty lines
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News
PIB Group expands specialty arm with broker buy
’The addition is another great development for our specialty division,’ says managing director
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News
How AI helped accelerate Axa Commercial’s response to RAAC issue
’Using the AI tool enabled us to react quickly to an urgent issue,’ says director of customer risk management
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News
Markerstudy Broking teams up with RAC to target SME customers
’We’re thrilled to be working with the RAC to expand their insurance offering,’ says manager