Companies in the sharing economy sector are more exposed than others to the risks associated with an evolving employee base and the emergence of digital technologies, according to a report by Marsh.
Crawford adjusters are continuing to assess the devastation brought by Hurricanes Irma and Maria in Sint Maarten. Director Tim Cramer-Todd and vice-president Rob Kleinveld, who just came back from the Caribbean, recount what they saw on the ground.
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
GRP-owned commercial property underwriter European Property Underwriting Limited has appointed Steve Lawrence as business development director.
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Only a small portion of arson cases are prosecuted, so perhaps it’s time for the insurance industry to take ownership of this issue, as it has with fraud
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Manchester Underwriting CEO Charles Manchester examines the possible knock-on effects of the Grenfell Tower tragedy on the professional indemnity market.
Hong Kong-based online property and casualty insurer Zhong An is planning to seek an initial public offering valuation of up to $11bn (£8.3bn).
Hurricane Irma could see industry property losses of $131bn, according Lloyd's realistic disaster scenario analysis.
Tokio Marine has become the latest insurer to base its post-Brexit European hub in Luxembourg.
Arthur J Gallagher has acquired Scandinavian property and casualty broker Nordic Försäkring & Riskhantering for an undisclosed sum.
Crawford and Company has deployed more than 200 adjusters in Southern Texas to assess the damage caused by Hurricane Harvey. One of them, James Warren, whose own home has been damaged, describes the streets as eerie as there is no power, no road signs,…
Commercial and residential landlords are facing increaded risks from a more litigious society and Nigel Todd, head of real estate at JLT Specialty, questions whether liability limits being purchased are sufficient for the increased exposures.
Ascot Group has launched Vertical Underwriting Managers, a specialty managing general agent cell under Ethos Specialty Insurance Services.
Ian Burford is joining Fidelis’ London underwriting team as chairman of specialised risks.
Brokers, there is still time left to shape the runners and riders for this year’s Underwriting Service Awards.
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
Ascot Group has created a standalone managing general agent and appointed Michael Sillat as CEO, effective 1 December 2017.
Retirement villages are asking for group contents insurance but UK insurers are waiting for the market to mature.
As cyber and terror risks trigger new types of business interruption, insurers are becoming the go-to resource for expertise.
Following the Grenfell disaster earlier this year Hill Dickinson partner Jonathan Anslow believes there is likely to be an influx of claims arising from the design, specification and installation of cladding systems.
Axel Theis, Allianz SE board member, global insurance lines and anglo markets, explains why premiums are tipped to grow over the next decade.
How the blaze that killed at least 80 people promises to be one of the most complex claims in recent years