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News
Quantee inks long-term deal to help insurer with pet pricing
’There is a responsibility and regulatory requirement from insurers to provide fair pricing to the consumer and to be transparent,’ says director
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MS Amlin names two new non-executive directors
’Both bring extensive expertise and a deep understanding of the Lloyd’s market,’ says chair
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Backchat: October 2024
A new restaurant opening, a conference with a twist and something for all pet lovers – what has the insurance industry been up to of late? You heard it here first…
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News Analysis
Briefing: Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
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AI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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Carbon insurance is in ‘startup phase’ – CFC
Equally, AI risks are often ’implicitly’ covered within E&O policies – however, more ’exclusionary’ terms could be on the cards if the technology goes wrong, says innovation manager
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Industry has ‘optimistic’ timelines for AI implementation – Oxbow Partners
There is still ’an enormous amount of work to do’ around introducing generative AI, says group chief underwriting officer
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News Analysis
Briefing: Cryptocurrency risk landscape is shifting – will insurers step up?
Insurers have steered clear of insuring crypto as it’s a volatile market – but following a recent deepfake scam, is it time to rethink this emerging risk?
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HDI names new UK and Ireland chief executive as Taylor retires
’The UK and Ireland is hugely important to our overall growth,’ says appointee
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Pool Re inks deal for new treaty and claims management system
’We are confident that this system will allow [us] to digitally transact both pricing and contracts with our members,’ says chief underwriting officer
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Biba 2024 in pictures
The photos are in from the 2024 Biba Conference – what were your highlights from the event?
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News
Amazon Insurance Store officially closes for new business
Amazon said it was closing the store after evaluating a range of businesses and programmes
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Inigo inks deal to gain real-time insights in aviation war exposures
’This bolsters our vision to further develop Inigo’s data-driven exposure management capabilities,’ says head
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News
New parental leave product to ‘level recruitment and talent retention playing field’
’In recent years, there has been a push for companies to offer better parental leave pay,’ says chief executive
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News Analysis
Motor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News
MSI EU rebrands as new interim top boss appointed
’His appointment is part of a new phase for MSI in the UK,’ says managing executive officer
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News Analysis
Reading the ransomware room: Cyber criminals set to ‘attack, shift, re-brand and strike again’ in 2024
The ’resiliency of threat actors’ in the ransomware arena is ‘noteworthy’, says chief information security officer
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News
Five insurance firms to take part in new programme helping individuals return to work
‘We believe that everyone deserves a chance to pursue their passion and reach their full potential,’ says manging director of people experience
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News
Insurance industry ‘is not growing as fast as it needs to grow’
’The penetration gap is growing as we don’t have enough capital as an industry,’ says group vice president
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News
Arch snaps up Aon team to launch intangible assets division
’The launch of our intangible assets team is a natural progression for Arch,’ says chief executive