Commercial Lines related articles – Page 64
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IT Interview
Zurich reaps five star reward from constantly listening to broker feedback
The insurer has been steadily climbing the Five Star Rating Report rankings for both personal and commercial lines. Insurance Times finds out what is behind this trajectory
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Sponsored Content
Claims are the industry’s shopfront, so sector must deliver on service - MUM
Richard Webb, director at Manchester Underwriting Management, explores whether insurance customers get what they paid for when it comes to making a professional indemnity claim
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Sponsored Content
Demand for commercial legal protection is rising quickly — Arag
The combination of longer-term social changes and shorter-term economic pain has made organisations more aware of the legal risks facing their business. Andy Talbot, head of sales and marketing at Arag, outlines how these changes have increased demand for commercial legal cover
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Analysis
Brokers 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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News
Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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News
Credit 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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News
Changing 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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News
Previsico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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Analysis
Insurance 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 Interview
RSA 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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News
Court 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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News
Insurtech 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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Analysis
Ongoing 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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News
Circular supply chains will create ‘new risks’
These new risks present an opportunity for the insurance sector, however
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Analysis
Briefing: 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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Analysis
Are 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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Analysis
Briefing: 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 Interview
Fraser 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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News
Cyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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News
Is AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks