Business interruption
Cyber liability - Iberian peninsula
European firms are increasingly being targeted by cyber criminals but there is no ‘one size fits all’ solution to legislation to protect the customer. Paul Skinner examines what firms need to do to ensure they have adequate risk mitigation and loss…
Property claims: UK businesses have failed to respond to roof collapse threat
The severity of the winter 2010 cold snap exposed a lack of preparedness by UK businesses, according to Huw Chandler, property risk engineering practice leader at XL Insurance.
Property claims: Marsh admits to 'red flag' concerns
Insurance broker Marsh warned that policyholders are still failing to buy sufficient indemnity periods as part of their business interruption cover.
Comment - e-trading: the future of commercial
E-trading in the commercial market is on the way. Dawn Dillaway looks at why this innovation will be a game-changer for the sector and why the critics are wrong.
Willis: sufficient coverage harder to retain in politically volatile regions
A report from Willis has revealed that companies operating in politically volatile regions of the world may soon struggle to retain sufficient insurance coverage to protect their assets and staff.
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
Litigation fears in wake of NZ quake
The New Zealand earthquakes in September 2010 and February 2011 have left some brokers and insurers at risk of litigation, the chief executive of Cunningham Lindsey's New Zealand operation has warned.
Fears mount over Japan BI claims
Insurers are bracing themselves for substantial business interruption claims following the earthquake in Japan, loss adjusters have warned.
Software start-up eyes 500 000 policies
Start-up broker software provider Wanna Insure has set a target to write 500 000 policies by the end of its third year of trading.
Risk report attacks industry failures
The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.
Major loss: meeting the challenges of major loss
With the global nature of modern business exposing insurers to a variety of major loss challenges, Trevor Latimer assesses the consequences.
Allianz calls on brokers to better BI basics
Allianz insurance has urged brokers to go “back to basics” to ensure more commercial customers are provided with adequate business interruption cover.
Chilean earthquake – insurance lessons learnt one year on
Lessons learnt from the massive earthquake that struck Chile 12 months ago should facilitate the future handling of complex business interruption claims, says Jenny Larner.
Middle East policies may face court challenges
Commercial insurance policies that exclude political risk are likely to come under scrutiny by courts in the Middle East, following civil unrest in the region.
In Series - Geography & Solvency II: What are the risks for insurers?
With the implementation of Solvency II looming, Sam Barrett asks if insurers are forgetting to look inwards at the risks their own companies face.
Motor and home claim costs reach £1.4bn after freeze
Total costs for motor and home claims reached £1.4bn between during 24 November to 31 December 2010, as the big freeze swept across the UK, figures released by the Association of British Insurers have revealed.
Interview - Kevin Pallett: Back in the MGA market
After two years out of the market, Kevin Pallett is back with a new managing general agency. Leigh Jackson asks him about his plans for Aspen Risk Management.
Broking focus - BCP: Business Continuity Plans for beginners
Brokers and claims practitioners differ in opinion over the usefulness of business continuity plans. Amy Ellis looks at how the market can be educated about the inherent benefits.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
RBS Insurance targets direct HNW market with ‘Select’ launch – Insurance News Now – 27 January 2011
Post reporter Amy Ellis outlines the main news from this week's issue of Post, which includes the introduction of Direct Line Select.
Biba progress
The British Insurers Brokers' Association has met with the cabinet office to discuss business resilience ahead of a formal consultation document to take place in March.
Claims update: Calculation challenges
The path for a subrogation claim by Air France was cleared when the French court found Continental Airlines responsible for the 2000 Concorde crash. Frédérique Hardy examines the obstacles and challenges inherent in complex recovery actions.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
Queensland flood costs to exceed A$1bn
Floods in Queensland, already affecting an area the size of France and Germany, have been declared as the worst in the state's history by government officials.