Commercial Lines articles – Page 58
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AnalysisBrokers must not treat risk management as an ‘afterthought’
The ‘increased recognition of risk management’ should be welcomed by brokers, however those with a ‘simply transactional’ mindset may struggle to place risks, especially for SME clients
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NewsResidents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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NewsCredit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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NewsChanging ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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NewsPrevisico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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AnalysisInsurance sector can no longer turn ‘a blind eye’ to property cover commission impact on leaseholders
Industry experts and campaigners feel the FCA is not doing enough to protect leaseholders from opaque commission practices in property insurance
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IT InterviewRSA UK&I boss Ken Norgrove responds to two star broker service result
The chief executive admits that RSA’s broker service has been ‘at best average’
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NewsCourt of Appeal ruling sees major implications for dental negligence claims
The Dental Law Partnership has campaigned for two decades to ‘change the industry for the better’
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NewsInsurtech ecosystem is ‘unusually advanced’
An expert panel at the Business of Resilience conference discussed how the insurtech sector could support the insurance industry through innovation
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AnalysisOngoing Russia-Ukraine sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers decline risks in this market at short notice
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NewsCircular supply chains will create ‘new risks’
These new risks present an opportunity for the insurance sector, however
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AnalysisBriefing: Russia-Ukraine insured losses deemed ‘manageable’ – but how long for?
Investment bank predicts that conflict losses will be ‘manageable’, yet insurer boss believes flexibility will remain central for keeping abreast of unfolding situation
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AnalysisAre usage-based policies set to disrupt the post-Covid SME insurance market?
Small business owners struggled during the pandemic amid high profile BI litigation, but brokers have also faced correlating service challenges
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AnalysisBriefing: Why property insurance commission is so controversial
The storm over property insurance could lead to full-blown commission disclosure debacle
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IT InterviewFraser Edmond and Ashwin Mistry: ‘Something needs to change to move the market forward’
After years of frustration at Aviva, Fraser Edmond set up Broker Insights. The firm is now progressing with guns blazing and has recruited industry thought leader Ashwin Mistry. Insurance Times finds out what the duo have planned next
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NewsCyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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NewsIs AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks
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AnalysisHospitality group BI judgment could signal ‘flood of further cases’ ahead
Insurers could still face ‘potentially significant’ claims exposure around BI policy interpretations, despite intention of test case judgments
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NewsReich Insurance named in Parliament as MPs call for FCA regulation on commission fees
It follows the broker being hit with a forced commission disclosure order
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AnalysisInsurance sector rallies around Ukraine
Insurance Times rounds up how the UK insurance industry has responded so far to the ongoing conflict
