Commercial Lines related articles – Page 12
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News
Use of technology essential for insurance firms’ ‘survival’
“It is not only a question [of] competitive evolution and competitive advantage, but it’s [also about] absolute survival,’ says chief executive
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News
More needs to be done to tackle uptick in social media scams – Ifed
’Social media is increasingly used to facilitate fraud and target vulnerable individuals,’ says detective chief inspector
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IT Interview
Chris Newton: Send Technology is focused on ‘solving real world problems for underwriters’
Chief technology officer believes the commercial insurance sector is ’ripe for disruption’
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News
Modern methods of construction could build premiums for independent schools – Ecclesiastical
’It is vital that when clients are considering a new school building or sustainability project, they consult all interested parties,’ says director
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News
Zurich and Marsh McLennan look to bridge cyber protection gap
’The threat of cyber attacks poses a significant risk to both societal and economic stability,’ says group chief executive
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News Analysis
In Focus: Are cyber insurers prepared for BI claims after July’s global outage incident?
Head of claims reports that cyber is an ‘ever-changing’ risk and that there is more variety in how BI claims can now present themselves
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IT Interview
Jacqueline McNamee: ‘Transparency of data’ is key challenge facing MGA market
Jacqueline McNamee, chief executive at C-Quence, outlines how the MGA is looking to deliver for its broker partners, as well as reveals her views on how the MGA market will evolve over the upcoming year
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News
Fraud in H1 2024 being driven by casualty and ‘large increase’ in commercial claims – Allianz
’There’s a dire need for us to keep raising awareness, because brokers are almost crying out for support [from insurers],’ says head of counter fraud
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News
Clear Group acquires MGA to enhance underwriting capabilities
’This is another key acquisition for Clear as we build at pace a market leading MGA proposition for brokers,’ says chief executive
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IT Interview
Markel’s success relies on ‘having the right people’ to pick up broker calls
A business can have the ’best trained staff, but if employees are not willing to pick up the phone, no amount of technology will make a difference,’ says underwriting director
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IT Interview
Simon Lancaster: SJL Insurance seeks ‘to provide that link between broker and underwriter’
Chief executive outlines ‘fiercely independent’ wholesale broker’s organic growth trajectory, emphasising that the firm is ‘still very much a relationship business’
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News
Broker expands commercial arm with acquisition
’It has an excellent reputation for delivering great customer service,’ says commercial director
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News
Carbon cost of UK domestic building repairs revealed as claims soar
’More work must be done to promote sustainable repair programmes,’ says technical director
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IT Interview
Theo Duchen: ‘More work to do’ around eTrading complex insurance products
’Complex [risks are] not that easy to compare. [They often have] terms and conditions which need quite a lot of interpretation,’ says co-chief executive
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Sponsored Content
Q&A: Road Runner Plus talks the motor trade market’s challenges and potential solutions
Sponsored content: Harry Weeks, senior account handler at Howden Road Runner Plus, discusses what he’s been seeing in the motor trade insurance space
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News
P&C reinsurers saw strong earnings in H1 2024 – Morningstar DBRS
The ratings agency has maintained its positive outlook on the global P&C reinsurance sector “despite high natural catastrophe losses and likely lower interest rates globally”
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News
MGA warns of ‘huge’ safety problems for tall buildings after Dagenham blaze
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
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News Analysis
Briefing: Schools, charities and public sector sees ‘more frequent’ cyber attacks in 2024
Cyber criminals seeking personal data phishing and ransomware opportunities are looking at tightly resourced schools, charities and public sector firms as targets
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IT Interview
Jason Storah: Insurance must be ‘more deliberate’ in ‘attracting and fostering talent’
Aviva seeks to collaborate with brokers on ‘really valuable’ talent attraction, alongside continuing to invest in measures designed to bolster brokers’ businesses and cement working partnerships