Commercial Lines articles – Page 53
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News
Johnson and Johnson to end all UK Baby Powder sales as ovarian cancer claims escalate
Despite this, the pharmaceutical firm says its talcum Baby Powder ’does not contain asbestos and does not cause cancer’
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News
Boosted eTrading proposition is key driver of Aviva’s H1 12% commercial lines growth
UKGI chief executive explains that the insurer is ‘really mindful of acting on broker feedback’
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News
Ex-AIG boss McNamee’s C-Quence adds excess D&O to products
By trading digitally, brokers have ’speed accuracy and reliability’ that was not often available previously
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News
AIG reports strong GI underwriting increase in Q2 2022 results
The insurer deferred an IPO launch for Corebridge Financial but AIG’s chairman and chief exec say it is ’a significant priority’
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News
Allianz’s eTrading capabilities are ‘on an improving path’ – but still have ‘a long way to go’
Digitalisation in commercial lines is ‘not impossible’, but it is flagging behind digital progress in personal lines ‘for good reason’, says commercial lines boss
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News
GRP’s Birmingham-based hub appoints new managing director
Incoming managing director describes the business as a ‘high growth, acquisitive and dynamic broker with ambitious future plans’
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IT Interview
MGA Q&A: ‘When underwriting criteria tightens, MGAs come into their own’ - FloodFlash
FloodFlash’s head of marketing, Chris Hall, provides an overview of the factors impacting MGAs and explains what FloodFlash has been up to over the last 12 months
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IT Interview
Simon McGinn: Clarifying ‘challenging’ BI wordings could lead to ‘narrowing the cover’
Insurers must help brokers carve out more time to have ‘critical’ client conversations around what policies do and do not cover, says commercial lines chief executive
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Analysis
Cyber risk rating reports versus threat intelligence - what is ‘the best tool’ to analyse firms’ cyber security?
Industry leaders expose problems with cyber vulnerability assessment tools and discuss new ways to get ahead of cyber criminals
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Analysis
What does an effective response to the threat of systemic risks look like?
The public expects ’insurers to lean into the challenges posed’ by systemic risks and work to develop solutions, says ABI’s director of GI policy
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News
NuVenture International launches product recall MGA
New MGA hopes to fill gap in niche market that ‘many of the major carriers don’t have the time and knowledge to commit to’
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News
Axa prepares for ‘potential claims’ from Ukraine and Russia war through exposed lines
Some of the insurer’s crisis management policies, for example, have been ‘triggered because of the war in Ukraine’, says group chief financial officer
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News
Direct Line Group sees profits tumble as ‘unique combination’ of factors impact market
The insurer has posted a loss ratio of 65.1% for H1 2022
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IT Interview
Software company exposes insurance industry as most vulnerable to phishing following simulated attacks
Hackers believe insurance companies are ’highly desirable’ phishing targets because of the data these firms hold, says lead security awareness advocate
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News
Majority of brokers interested in ‘further digitalisation’ – Aviva
Digital processes could ’eliminate’ repetitive tasks and free up time for customer service
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News
Schools an ‘attractive target’ for criminals over summer months – Ecclesiastical Insurance
‘Brokers have an important role to play’ in helping education clients manage their risks over the summer holidays
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News
Proposed Leasehold Reform bill a ‘red flag’ for industry over property insurance commission disclosures
‘Millions of people’ could be insured ‘for a lot less’, says financial compliance firm principal
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IT Interview
Helena Kazi: The entrepreneur striving to be a ‘very strong player in gig economy insurance’
Insurtech Giganomics, which is currently conducting a seed funding round, aims to provide a ‘full suite of products’ for an ‘underserved market’
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News
JM Glendinning Professional Risks promotes internally for new managing director
The candidate came up trumps after a ‘rigorous recruitment process’
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News
London market showcases ‘great degree of optimism’ around PI risks – Clyde and Co
However, this optimism is tempered by a ‘wariness of macroeconomic and inflationary pressures’