Commercial Lines – Page 56
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NewsGeo Specialty broadens UK political violence and terrorism BI cover
Cover will also include the increased cost of working while clients are unable to access their premises following an attack
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NewsGlobal commercial insurance prices up 15% in Q3 2021 - Marsh
Despite pricing levelling out in certain lines of business, the insurance industry needs to be ready as the ‘pressure on rates in cyber insurance’ continues, says broker president
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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NewsBrokerFest 2021: Sustained period of cyber market hardening must be fully understood
Ransomware demand ’is 20 times more than what we saw in 2018’, says MGA’s head of cyber
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NewsBoom in business protection complaints show customers still feel ‘hard done by’ – Insurance DataLab
Despite the High Court’s ruling to clarify business interruption claims, complaints have increased more than fourfold over the last year
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NewsLockton launches crisis management division
The new unit will be led by head of crisis management Matt Humphries
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsBrokerFest 2021: Businesses struggling to keep pace with hardening cyber market
With ransomware and cyber threats constantly evolving, CyberCube’s chief growth officer discusses what brokers can do to help clients in a hard market
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NewsBrokerFest 2021: Hybrid working heightens reputational risk for SMEs
Reputational risk is high on businesses’ agendas as many firms have now switched to hybrid or home working models
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NewsBrokerFest 2021: Parametric insurance provides efficiency and business resiliency – FloodFlash
The ‘most exciting’ development in parametric insurance is its use in non-damage business interruption, says broker success manager
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NewsBrokerFest 2021: Brokers act as ‘buffer’ to mitigate ‘appalling’ insurer service for SME risk
Providing a ‘slick service’ to SMEs is harder than ever thanks to a lack of access to technical underwriters and error-laden documentation, says broker boss
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NewsBrokers call out ‘conflict of interest’ in delayed government-backed £750m live events reinsurance scheme
Concerns over a ’conflict on interest’ has been raised by several brokers in the market
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NewsBrighton Pier Group receives £5m following Covid-linked business interruption claim
The claim relates to losses incurred to the end of June 2021
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NewsGovernment explores underwriting home insurance for flammable cladding risk
Home insurance premiums have soared from £8m to £29m in a year, according to the Association of Residential Managing Agents
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NewsBrokerFest 2021: Flexibility will create opportunities for insurers and brokers alike – Markel UK
Markel UK’s director of sales and marketing emphasises why insurers need to get proactive as they look to support their clients at a time of operational uncertainty
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NewsAirmic 2021: Cyber market still perceived as ‘hard’
Insurance buyers are facing rising cyber risk and insurance challenges, but are there green shoots of a market softening more generally?
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NewsBrokerFest 2021: Harbour Underwriting partners with broker for ATE solution
Harbour Underwriting is keen to partner with engaged brokers
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NewsLloyd’s broker launches two new music and live events schemes
The insurance solutions will support freelancers and those working in the festival industry
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NewsMicromobility and e-scooters fall outside new claims portal criteria
Two law firms relay their concerns about micromobility and e-scooters as the new Highway Code is set to be unleashed
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NewsEcclesiastical teams up with insurtech to enhance customer and broker experience
The insurer wants to deepen its investment in technology and innovation
