Risk Management
Q&A: David Nayler, British Insurance Law Association
David Nayler took the chair of British Insurance Law Association in October last year, a body whose membership derives from brokers, insurers and legal firms. He has worked at Aon for 11 years, most recently as head of financial and professional, legal…
Terrorism and political risk threat increases worldwide
Businesses with domestic and international footprints face an increasing threat of terrorism risk as Western countries experience a sharp increase in such attacks, according to risk analysts.
Tech-driven commercial insurance broker Konsileo enters market
Tech-driven commercial insurance broker Konsileo has entered the market and is in the process of recruiting mid-market brokers.
RMS expands cyber risk models to include physical damage
RMS has expanded its range of cyber models to include cyber physical models to help insurers weigh up the cost of risk.
John Ludlow to become Airmic CEO as Hurrell steps down
John Ludlow will replace John Hurrell as CEO of Airmic, to come into effect from 13 June 2017
RSA takes part in study of autonomous vehicle prototype
RSA is taking part in a study of prototype autonomous vehicles as driverless shuttlebuses take to London roads.
FM Global launches interactive global flood map
FM Global has launched its interactive global flood map for executives and risk managers.
In Depth: Using lie detectors to root out fraud
How broker Only Young Drivers is taking a novel approach to application fraud
Blog: Being prepared for a ransomware attack
Imagine this scenario: Your employees walk into the office on a Monday morning, turn on their computers and a message appears demanding payment to access company systems and data.
Blog: Fracking is a dirty word
Fracking has been given the go-ahead in Lancashire and insurers need to consider the risks associated with the technique.
Credit insurers look to capitalise on Brexit fallout
Any hint of an economic downturn inevitably results in forecasts that demand for trade credit insurance will soar. So, predictably, Brexit has sent the PR machines of the major credit insurers into overdrive.
Cyber regulation: Cyber’s new rules
The tightening of data regulation next year could drive demand for cyber cover and, with the reporting of breaches becoming compulsory, it may help underwriters price this new risk ever more accurately
Blog: Mishcon ruling won't set solicitors' PI premiums rising
In the often challenging world of solicitors' professional indemnity insurance, the conveyancing field has long held a high-risk reputation due to its propensity for claims generation. Now a new lawsuit has hit the headlines, with the controversial…
Legal Update: Driverless car policies don't preclude product liability
As automated vehicles take to the roads, the government is likely to focus on one motor insurer as the first port of call for any third-party claim to simplify the claims process. However, that will not preclude other proceedings based on product…
Markel's Moi on the dangers of 'miscellaneous' Asian professionals
What do wedding planners, property managers, and skin beauticians all have in common? They are considered as 'miscellaneous professionals' in the eyes of the insurance industry.
Blog: The three pillars of cyber cover
Recent reports that copies of footballer David Beckham's personal emails had been stolen from his publicist illustrate the speed information can spread once personal or sensitive information is placed in the public domain.
RSA appoints Gearey as CRS MD
RSA has appointed James Gearey has managing director for Commercial Risk Solutions.
Riding into the danger zone
The nature of their work means journalists and aid workers are often running into danger zones while others are looking to get out. Both professions have significant need for insurance but have sometimes struggled to obtain the cover they need at a price…
Lloyd’s and Arium develop long-tail liability model
Lloyd’s has teamed up with modelling company Arium to enable insurers to better model long-tail liability exposure.
Pool Re: The changing face of terrorism
The number of terrorist incidents on UK soil has dropped since Pool Re was set up, with Irish republican paramilitary attacks giving way to less frequent strikes by radical Islamic terrorists, however, the threat to the country remains as severe
Blog: Is your data breach response plan good enough?
Many savvy organisations are investing time and thought into data breach response plans.
Clear Insurance Management acquires MPW Insurance Brokers
Clear Insurance Management has acquired Kent-based MPW Insurance Brokers, its largest acquisition to date.
Aviation Claims: Winging it
Despite a number of air accidents over the past few years, safety when flying has improved dramatically. However, overcapacity and a lack of profitability could be affecting the market
Airmic's John Hurrell on why insurers should assess risk culture
It is a well-established practice for underwriters to take into account risk management performance when assessing the risk profile of a business.