Risk Management
News
Cyber MGA inks deal with RSA to launch new London market facility
President says deal ’will help our clients and broker partners build insurance towers efficiently’
News Analysis
Briefing: Continued flood risk brings possible property protection gap to the forefront
A new protection gap between insured and uninsured property losses, driven by flooding in the UK, means it is more important than ever for brokers to be proactive when supporting clients
News Analysis
Briefing: Is underinsurance onus pushed onto policyholders to address?
Strategic planning director says it is policyholders’ ‘responsibility’ to ascertain building valuation information to avoid underinsurance, but is there an implication that brokers are not doing enough here?
News Analysis
Industry deems regulatory focus on operational resilience a ‘sensible move’
The FCA is collaborating with its regulatory peers to introduce new rules around operational resilience, seeking to mitigate ‘intolerable harm’ arising from disruptive events
News
Gallagher reveals 2024 protests impacted more than one in four UK businesses
’It is clear that all kinds of civil unrest in the UK is a problem and is weighing heavily on the minds of business leaders,’ says director
News
Drone MGA secures capacity for new liability product
’As drones continue to revolutionise everything from agriculture to transportation, it’s clear that this booming sector demands forward-thinking, flexible insurance solutions,’ says managing director
News Analysis
In Focus: How should UKGI underwrite emerging technologies like VR gaming and advanced robotics?
According to TechUK, more than 400,000 articles about artificial intelligence were published in UK media across 2023 – but how is the insurance sector seeking to underwrite unchartered tech tools such as robotics and virtual reality worlds?
News Analysis
Briefing: Soaring EV sales spark new underwriting concerns over fire risks
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
News
Flood Re urges government to invest £1bn annually in flood defences
’We must continue to mitigate the damage caused by flooding to ensure the insurance market has the ability to provide affordable cover to those at risk,’ says director of communications and transition
News
AI tops UK insurance risk index for 2025
’Being utterly nimble and embracing the change AI will bring is the only survival option,’ says global head of cyber and data
IT Interview
Q&A: Geospatial intelligence data becoming more valued tool in brokers’ arsenal
Caroline Elliott-Grey, senior product manager for the UK and Ireland at LexisNexis Risk Solutions, explains how brokers can utilise geospatial data to better serve clients amid fluctuating climate
News
Extinction Rebellion warns insurers of ‘ecocide' legal action and continued disruption over fossil fuel ties
’It’s too late for incremental industry shifts or policy tweaks to dial down the focus and intensity of protests,’ says spokesperson
News
CFC expands £25M large line size cyber product with property damage
’There is increasing need for property damage cover as part of a cyber policy,’ says corporate cyber practice leader
News Analysis
TechTalk: Is the cyber insurance world prepared for quantum computing?
’This is an incredibly complex area and the industry is going to have to spend a lot of time and energy to properly understand the risk factor that quantum may pose to business operations and security – and thus the impact on cyber insurance,’ says global head of cyber
News
Financial market volatility among risks for insurers in 2025
’Vulnerability to financial market volatility has a greater potential to impact the market and is a real concern,’ says head
News
Insurance warning as Storm Éowyn causes major disruption
’Storms that impact travel plans are becoming more frequent and more disruptive, so getting cover that mitigates this is worth considering,’ says chief commercial officer
News Analysis
Briefing: New Year resolutions brokers should stick to for 2025
Chief executive details three insurance linked resolutions for brokers this year, centred on adopting a longer-term view of risk and emphasising community ties
News
Flood Re inks new deal to boost resilience in Scotland
’Flood resilience isn’t just a technical term – it’s a lifeline for communities,’ says interim chief executive
News
Manifesto 2025: ‘Much to do’ on insurer service despite ‘solid improvement’ on NPS’
’We will see further increases as we work closely with insurers,’ says chief executive
News
Midlands flooding impacts over 7,000 buildings – ICEYE
’The ICEYE team is actively monitoring the Midlands and is focusing on the most affected areas,’ says statement
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