Commercial Lines – Page 51
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Supply chain shocks and waning confidence amid Ukraine-Russia war – Allianz Trade
High energy prices have become a ‘top concern’ for European exporters since the war began
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Space insurance blasting off
New data shows continued growth and opportunities for the UK’s space insurance sector
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Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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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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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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Previsico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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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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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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Circular supply chains will create ‘new risks’
These new risks present an opportunity for the insurance sector, however
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Cyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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Is 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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Reich 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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Miller seals acquisition deal with French sports broker
The transaction aims to enhance the firms’ product offering and overall distribution, growing its combined share of the European football market
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Parametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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Inigo’s GWP hits $411m in first year of trading
Despite 2021 being the ’fourth most costly natural catastrophe year on record,’ its chief executive is confident of Inigo being profitable
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Tribunal hits Reich Insurance with forced commission disclosure order
The order follows FCA warnings on the need for ‘fairness and transparency’ around broker fees and commissions
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JMG Group buys East Midlands broker to continue expansion
The broker group plans to double in size over the next year
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Axa UK scoops ex-Aviva veteran as new director of retail direct
He has worked for Aviva for 17 years, and played a pivotal role in the conception of Quotemehappy
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Aviva and Zego ink multiyear fleet insurance deal
The insurtech believes that usage-based insurance is the future
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Revealed: Two insurers awarded five stars in Insurance Times’ 2022 commercial lines report
The results from Insurance Times’ Five Star Rating Report: Commercial Lines 2022 are in and two insurers have achieved a five star rating