Airmic conference
Late claims payment fine
Insurers should expect to pay damages to their clients when they are slow to pay claims, according to the Association of Insurance and Risk Managers.
Risk managers call for penalties for late payment of claims
Insurers should expect to pay damages to their clients when they are slow to pay claims, according to the Association of Insurance and Risk Managers.
Post in print – 17 June 2010
News editor Mairi MacDonald outlines the major news stories from this week’s issue of Post, including: the possibility that the government may look to buy more insurance in a strategic move to cut costs; Tesco price comparison coming under scrutiny…
Airmic chief executive reveals what’s next for non-disclosure
As the Association of Insurance and Risk Managers unveiled its plans this week to tackle the failings of UK insurance law on the key issue of non-disclosure, Lynn Rouse spoke to chief executive John Hurrell to get more detail on what will happen and when.
Marsh: more companies adopting sustainability strategies
As demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.
Risk managers urged to consider insurance for M&A deals
There are signs of resurgence in the mergers and acquisitions market after the comparative down-turn in 2008 and 2009, with the number of warranty and indemnity policies written by Chartis Insurance in the UK in 2010 forecast to increase by more than 100…
Miller unveils Global Service Barometer
Miller Insurance Services has launched a new Global Service Barometer to help risk managers define their broking structure.
RSA accident defensibility
RSA has launched a claims defensibility programme for large corporate clients to enhance risk management issues surrounding accidents in the workplace.
Ace launches real-time monitoring tool
Multinational clients of Ace UK are set to benefit from real-time management and monitoring of their insurance programmes with the launch of Worldview this week, a web-based portal clients can access direct from their desktops.
Risk managers need board level support, claims survey
UK corporations remain overly reliant on insurance as a catch-all solution and are failing to take risk seriously as a board issue by delegating responsibility downwards. These are among the key initial findings of a three-year study being undertaken by…
Cyber liability exposure
Cyber liability is the most significant emerging liability exposure in the UK, according to the Airmic's first-ever benchmarking study into the casualty insurance market, carried out jointly with Advisen.
Airmic reveals solution to non-disclosure issue
The Association of Insurance and Risk Managers has unveiled plans to end disproportionate member penalties for inadvertent non-disclosure in a move it hopes will be mirrored by eventual insurance law reform.
Ferma names new vice presidents
The Federation of European Risk Management Associations has elected DLA Piper chief risk officer Julia Graham and Pirelli Group risk managing director Jorge Luzzi as vice presidents.
Corporate risks - pension de-risking: An old age problem
Businesses are becoming increasingly strained by the legacies of defined benefit schemes. Amy Ellis reports on the issue of pensions de-risking and looks at the options available.
Interview - Nicola Harvey: Embracing new horizons
Incoming Airmic chairman Nicola Harvey talks to Lynn Rouse about relishing career challenges, working with passionate people and her plans to deal proactively with emerging risks.
LCP warns on pension buyout demand
The cost to companies of transferring their pension scheme risk to an insurer looks set to rise as demand starts to outstrip supply, according to LCP Pension Buyouts 2010 published by Lane Clark & Peacock LLP.
Comment: Everything to play for
Solvency II has created a cloud of uncertainty over captive insurance companies. Alan Fleming explains.
Comment - insurance law reform: Reform can't wait
Now plans to reform the legal framework for commercial insurance have been delayed, buyers are increasingly taking action to strengthen their rights in the event of a claim. John Hurrell argues the archaic law governing pre-contract disclosure is…
Election 2010 - Industry Q&A: Question time
In the final part of the countdown to the general election, Post took questions from the leading lights of the insurance industry and put them to the three main political parties.
Airmic boss blasts draconian Solvency II
Association of Insurance and Risk Managers chief executive John Hurrell has warned captive insurers are at risk from "draconian" Solvency II proposals.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
European risk managers join chorus of concern over Solvency II
The Federation of Europe Risk Management Associations today said that although it supports the goal of Solvency II, its members are concerned by the impact the recommendations of the Committee of European Insurance and Occupational Pensions Supervisors…