Product liability
XL Catlin's Tania Bensoussan-Arthur on the new trends grabbing the kidnap and ransom market
As demand for kidnap and ransom insurance is rising in France, Tania Bensoussan-Arthur, underwriting manager – specialty, France at XL Catlin, explains why coverage needs to be tailored the buyer's needs.
This week in Post: Results, rumour and regulation
This week the results season well and truly got underway with big names in the UK’s insurance sector reporting back to market on how they fared over 2017.
Analysis: Product recalls: Bringing it back
Whether it’s a tumble dryer that catches fire or baby milk that’s contaminated with salmonella, an increase in safety concerns is putting product recall insurance in the spotlight. With the frequency and severity of claims on the up, there are concerns…
Marsh's Lei Yu on the right cover in the age of product recalls and class actions
While the US has led the consumer rights crusade against defective products, other countries are becoming increasingly protective, writes Lei Yu, managing director, Marsh Hong Kong and Macau.
Underwriters urged to establish policy provisions for drone usage
Traditional aviation policies are unlikely to address the emerging risks presented by the increased use in drones.
Blog: Responsible robots?
Automated processes are feted to be the future of claims handling, but taking the process out of human hands is far from straightforward, as Ed Lewis, partner at Weightmans, explains.
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Towergate to roll out food safety compliance tech
Towergate Insurance has partnered up with technology provider, Checkit, in order to reduce business premiums and the risk of liability for food companies.
QBE identifies significant liability gap in four Asian countries
Australian insurer QBE has published research suggesting a significant liability insurance gap for businesses in Hong Kong, Indonesia, Malaysia and Singapore.
Bupa forced to apologise to 108,000 customers after data breach
Health insurer Bupa has been forced to inform 108,000 of its customers of a data breach after an employee “inappropriately copied and removed” sensitive information.
Blog: Driverless cars are just three chicanes away
Before driverless cars take to the road, the public needs to be reassured about their safety and cyber risks need to be mitigated, write Deloitte partners Gurpreet Johal and Nigel Walsh. But once liability is clarified, insurers stand to benefit.
Europe: Insuring robots (and against robots)
Robots are becoming ubiquitous. Do we need specific insurance? And do they?
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…
Allianz calls for clarity over subrogation in driverless cars bill
Allianz said it is looking forward to “more clarity” over whether insurers have access to collision data should a driverless car be involved in an accident.
Government sets out insurance framework for driverless cars
The government will set out a framework this week for insurance for driverless cars, a move that has been welcomed by insurers.
Biba launches product recall scheme through CFC Underwriting
The British Insurance Brokers’ Association has launched a Product Recall scheme through its member CFC Underwriting.
Blog: Drone regulation
Drones or Unmanned Aerial Vehicles are now being used across a range of sectors and usage gives rise to some issues.
Time to focus on liability
Most employers don't spend too much time thinking about employers' liability, public liability and product liability unless they actually have a claim. So perhaps it is just as well that the national media is continually drawing attention to tragic…
Contaminated products insurance claims: How to check the costs of a product recall
When handling a product recall claim, insurers need to check the costs are properly evaluated.
E-cigarettes: The new asbestos?
The use of e-cigarettes, or vaping, has grown exponentially since they appeared on the market 10 years ago. When it comes to covering the associated risks, are insurers and brokers playing with fire?
Legal Update: The attack of the dangerous toys
Insurers need to fill the coverage gap for the new high-tech gadgets that may fail, explode and cause fires
Brexit: 100 days on and counting
Three months on from the Brexit vote, what are the likely implications for the insurance market in the UK?
DFT confirms it will amend Road Traffic Act to cover driverless technology and invites insurers to consult on legislation
A government minister has called for the insurance industry to participate in a consultation over regulations surrounding the cover of autonomous vehicles.
Expertise from A-Z: Casualty - All you need is patients
The casualty insurance area witnesses changes to legislation all the time, so insurers and brokers must be on top of their game when it comes to educating and communicating with the employers they work with