Risk Management
SMEs must beware Black Friday too
There is always plenty of guidance for consumers, at this time of the year in the run up to Black Friday, but businesses are equally vulnerable to the same scams and really need to think about their own promotions.
Black Friday risks for SMEs
Every year, around this time in November, news pages, inboxes and search results are dominated by the words ‘Black Friday’. This content highlights three key areas that could expose SME businesses to serious legal and commercial risks.
Insurtech Excellence Award winners 2023 unveiled
The category winners in the Chartis Insurtech Excellence Awards have been announced.
Insurers are financially steady but shaky at articulating risks
Analysis of Solvency II reporting of 100 of the largest non-life UK and Ireland insurers showed the financial strength of the market remains strong but providers need to up their game on articulating operational risks.
View from the top: CFC’s Newman on why scaremongering won’t shift cyber policies
Graeme Newman, CEO of CFC, argues cyber insurers should play to its strengths rather than peddle sensational statistics.
Podcast: Should insurers fear or embrace AI?
We will never have an insurance company run by artificial intelligence “without a human in the loop”, according to Bijal Patel, co-founder and chief technology officer at Aurora.
Vote for winners of the European Insurance Technology Awards
The shortlist has been decided and now Insurance Post readers can vote to decide the winners of the European Insurance Technology Awards 2023.
Why event cancellation insurance remains relevant
Leigh Ann Rossi, chief operating officer within the sports and entertainment group at NFP, and Marc Blumencranz, managing director of sports and entertainment, explain how climate change, power outages, civil unrest, national mourning and health has kept…
Lloyd’s captive pipeline ‘strong’ as government explores separate regulatory regime
Lloyd’s has signalled that the launch of the market’s first captive syndicates in decades could be close at hand.
Long, cold winter looms for SMEs
This content highlights some of the challenges facing SMEs this winter and why managing legal risks whilst maintaining a healthy cashflow will be critical to riding out the economic storm.
Weightmans launches cyber consultancy CyXcel
Law firm Weightmans has launched cyber consultancy CyXcel, which it hopes will become a one-stop shop for businesses of all sizes in a siloed market.
AmTrust International’s Challis on supporting mothers working in insurance
Helen Challis, group head of human resources at AmTrust International, shares the wrench of returning to work after maternity leave and what she is doing to help to make the sector more inclusive.
How AI can mitigate increasing cost of extreme weather
Izik Lavy, CEO and co-founder of GeoX, discusses how insurers are using AI and aerial imagery to battle the extreme weather ushered in by the climate crisis.
A fire-free summer does not call for complacency
Paul Redington, regional major loss manager of Zurich, explains why insurers and the government should work together to create a risk map of areas vulnerable to wildfires.
Protestors urge insurers and reinsurers to block insurance for Republic of Congo oil extraction
Companies which are granted exploration and exploitation rights in the Democratic Republic of Congo oil auction could find they are without financial protection.
Carbon offsetting: the insurance use case
Insurers are increasingly interested in carbon credits.
Why insurers need to up the ante on climate change
Insurance providers need to up the ante in their predictive capabilities as the frequency and severity of extreme weather-related events continue to escalate.
Generali: Three factors to consider when adopting generative AI
While today's generative AI is already powerful and maturing rapidly, it's important to remember we're still in the early stages of understanding and unlocking its full potential.
How insurers are tentatively embracing AI
Analysis: Frances Stebbing explores how insurers are using generative AI, while recognising the risks and preparing for the incoming regulation for this type of technology.
Addressing the biodiversity crisis in underwriting
Cody Dong, senior associate, and Arne Philipp Klug, vice president of MSCI Research, explain how insurers can take steps to reduce the risk of losses from deforestation, land-use change, overfishing, pollution and the introduction of invasive species.
Hurricane victims’ claims to be sped up with 360-degree imagery
McKenzie Intelligence Services has piloted CAT360 to boost insurers’ responses to US hurricane losses and speed up claims by providing ground-level imagery.
Why insurers need to up the ante on climate change
Caroline Elliott-Grey, product manager for UK and Ireland for LexisNexis Risk Solutions, says insurance providers should face up to the winds of climate change and use predictive modelling to mitigate risks.
Ecclesiastical sees surge in financial lines claims from charities
Ecclesiastical has received hundreds of financial lines claims from charities post pandemic with the provider predicting these organisations are seen as “easy targets”.
What the Net-Zero Insurance Alliance’s demise means for the industry
Edmund Tirbutt examines what the future holds for the Net-Zero Insurance Alliance (NZIA), a UN-convened body set up two years ago for insurers wanting to cut their carbon footprint and reduce climate change risk.