Commercial Lines related articles – Page 66
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NewsGovernment to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The European Union has adopted a similar stance
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NewsOver a third of UK firms agree its difficult to obtain affordable flood cover – FloodFlash
Businesses in the East Midlands are the most worried about flooding
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AnalysisBriefing: FCA shows its ineptitude with buildings insurance
The FCA has been warned on numerous occasions there was an issue, but it failed to act
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Sponsored ContentTravelers: Strengthening financial institutions against cyber risk
Smaller firms are more inclined to lean on silent cyber cover, says Walid Youssef, head of financial institutions at Travelers Europe
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NewsSimply Business partners with general insurer on third product launch
Strengthening offerings for the trade sector is ‘important’ while supply shortages continue to strike, says chief executive
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AnalysisIn Focus: Are broker schemes the answer to professional indemnity cover challenges?
Industry experts debate whether broker schemes could solve professional indemnity insurance’s (PII) woes after SchemeServe revealed PII schemes netted brokers the most income between 1 April and 31 September 2021
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NewsHospitality group Corbin and King wins £4.4m in High Court BI case against Axa
Insurers need to have a ‘radical rethink’ as more business interruption battles are expected to come to the forefront in 2022, says law firm partner
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AnalysisChanges to the Highway Code set to cause ‘absolute chaos’ for commercial fleet drivers
Brokers will be at the forefront when it comes to educating the public about the changes, while insurers will need to watch out for fraud
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IT InterviewJake Fox: JM Glendinning is gearing up to ‘acquire pretty much everything and anything’
Group managing director outlines how the broker plans to double its GWP over the next four years
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AnalysisNo sex please, we’re insurers
With sex-centric event organisers struggling to access insurance, insurers are being accused of turning their backs on the new breed of sex-related organisations
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AnalysisInsurers brace for claims as Storm Eunice batters UK
UK insurers put surge plans in place ahead of Storm Eunice hitting last week, but commentators agree that improved infrastructure resilience is the long-term answer as extreme weather events are on the up
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NewsStorm Eunice rips London O2 Arena’s roof off
The landmark’s roof is regularly used by the general public for scaling and abseiling
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IT InterviewOla Jacob: ‘Flying the flag’ for diversity and inclusion equals greater innovation
While the recruitment and retention of ethnic minorities has always been an issue for the insurance sector, FloodFlash’s broker success manager hopes to demonstrate that the industry does, in fact, have a place for everyone
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NewsAxa Commercial futureproofs motor fleet offering with EV edits
EV sales increased by 76% between 2020 and 2021, according to the insurer
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NewsCycle insurer Bikmo launches new bike shop insurance
The product aims to relieve the ‘uphill grind’ experienced by cycle retailers in finding ‘a comfortable insurance fit’, says commercial insurance manager
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NewsAxa UK and Ireland acquires renewal rights to Ageas UK’s commercial business
The deal aims to ‘further cement’ Axa’s commitment to the SME and schemes market segments, says chief executive
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NewsFloodFlash targets international expansion after $15m funding raise
The insurtech hopes to close the $58bn flood protection gap
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NewsRomero Group grows income by 14.3% in 2021 despite hard market
The broker has also helped to settle £13m in Covid-19 business interruption claims
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IT InterviewD&O and cyber liability insurance is ‘maturing’ amid hard market – JM Glendinning
New capacity in these markets could come from ‘nimble’ MGAs, however brokers must have ‘grown up’ conversations with clients to successfully manage expectations around higher premiums and reduced coverage, says broker boss
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NewsKP Snacks supply chain crunches to halt after ransomware attack
Law firm partner warns that ’even the largest of organisations can fall victim to ransomware attacks and all businesses – large or small – must remain vigilant to this threat’
