Commercial Lines articles – Page 33
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NewsBrokers to take a ‘more proactive approach’ to cyber risk education – CyberCube
’The approaches currently being adopted carry significant uncertainty, mainly due to the complexities surrounding the attribution of cyber incidents and the scarcity of historical parallels,’ says head of content, creative and communication
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NewsGrowing demand for risk guidance from education clients presents opportunity for brokers
’Brokers play an important role in helping education clients understand the risks they are facing,’ says customer segment director
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News AnalysisHow are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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NewsCytora chief executive reveals how insurtech moved to ‘global structure’
’What works when you are small doesn’t always work when you are larger – things break as you grow,’ says chief executive
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News AnalysisBriefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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NewsInsurance sector currently undergoing a ‘period of realism’ – Aviva’s Winslow
Aviva are ‘not seeing any indicators to suggest that customers are looking to buy less insurance or cover less,’ says UK chief executive
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NewsAviva increases GWP by 12% for H1 2023
Aviva grew UK premiums 11% in commercial lines, which it put down to ’strong rate and new business growth in mid-market and specialty lines’
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NewsAllianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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News AnalysisIs telematics undergoing a mass market transformation?
’If adopted on a mass market basis, then it can cater to all,’ says chief data officer
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News AnalysisBriefing: ‘Above average’ natural catastrophe losses for reinsurers should be a call to action for insurers
A trend of higher than average natural catastrophe losses has continued for the first half of 2023, according to global reinsurers
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IT InterviewSimon Ritterband: Huge market appetite as ‘genie is out of the bottle’ with drones
There is a “huge appetite” for drones in the Lloyd’s market as the technology is being used more and more in everyday life from surveying to inspection says managing director
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NewsAllianz Holdings reports UK revenue growth despite slight COR rise
’We’ve continued to see stubbornly high inflation,’ says chief executive
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NewsGraeme Newman: ‘Enormous opportunity to be had by leveraging technology’
’CFC has put technology at the heart of our business since day one,’ says chief executive
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NewsBuberl responds to Axa XL Re sale speculation
’We have certainly reduced our exposure to natural catastrophes,’ says chief executive
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News AnalysisChief 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
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NewsMcGill and Partners enters legal liability insurance market with two new hires
The appointees’ experience ‘will be invaluable as we continue to broaden our offering to our clients’, says senior leader
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NewsAxa responds as it ditches two home products
’We are confident that the right cover is available via our other great products,’ says spokesperson
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News AnalysisLloyd’s market ‘very much at risk’ from lessened underwriter attendance
To flourish, the Underwriting Room and market participants need to ‘get that trading mojo back’
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NewsNew healthcare underwriter launches under leadership of former Axis executive
’We aim to strip away bureaucracy and establish meaningful partnerships with our customers,’ says chief executive
