Commercial Lines articles – Page 48
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NewsCyber 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 AnalysisBriefing: 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 InterviewSteve 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 InterviewHoward 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 AnalysisBriefing: 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 AnalysisLLM 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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NewsCFC 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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NewsDirect 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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NewsTop 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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NewsResilience 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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NewsPIB Group expands specialty arm with broker buy
’The addition is another great development for our specialty division,’ says managing director
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NewsHow 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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NewsMarkerstudy 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
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NewsFCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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News AnalysisBriefing: Can insurers put Ukrainian Black Sea exports back on track?
Many underwriters said they were likely to wait and see how the initial transits fared before committing to action
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NewsClear Group caps recent flurry of acquisitions with independent broker purchase
The acquired business ‘will play an important part’ in expanding the broker’s footprint in the south west, says group chief executive
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News AnalysisMarine insurers told they cannot leave clients all at sea with increased net zero ambitions
While the ongoing conflict in Ukraine loomed large, the challenges of climate change and technology were prominent pieces of the IUMI’s agenda
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NewsSpecialist insurance law firm launches cyber crime startup
’Cyber has become simultaneously one of the greatest opportunities and risks of modern times,’ says founder
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News AnalysisIn Focus: How can commercial lines brokers harness technology to enhance customer service?
Insurance Times asks industry experts how data driven insights can streamline operations and drive innovation
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NewsMarkel reduces quote turnaround time with help of AI
’It underscores what can be achieved when insurers invest in digitising their underwriting workflows,’ says chief executive
