Risk Management
Storm Bert shows insurers must demand building rules change
Editor’s View: If you want to know why people recoil, rather than embrace you, when you say you work in insurance, Emma Ann Hughes recommends you type into Google: ‘What does the insurance industry need to do about the growing number of named storms?’
Blog: Vacant properties – don’t let the risks move in
With empty homes up 10% in five years and the proportion of high street retail premises left vacant hitting a one in seven all-time high, RiskSTOP’s David Reynolds reminds us of the key steps in managing unoccupied buildings.
Ferma vice-president reports lack of ‘concrete action’ to aid net zero transition
Two years on from the Federation of European Risk Management Associations calling out insurers for not doing enough to support clients transitioning to net zero, the body’s vice president has said there has been a lack of concrete improvement.
Over half of risk managers think key risks are set to become uninsurable
More than half of risks managers believe that some of the key business activities and locations are set to become uninsurable, a survey by the Federation of European Risk Management Associations has found.
Verisk London 2024: Catastrophe modelling
In the second in a series of videos recorded at the Verisk Insurance Conference in London, Insurance Post content director Jonathan Swift met with industry experts to examine how the sector can get a better view of catastrophe risk.
Why insurers should rethink their approach to tree removal
Freya Chapman, residential lead at ground engineering specialist Mainmark, explains how insurers can triage tree-related subsidence in a low impact way.
Spotlight: Why we need risk management for everyone, not just the 2%
For over 200 years, the insurance industry has understood the benefits of risk management in reducing and controlling exposure. But in a world of emerging and evolving risks, the traditional way of making improvements through site surveys creates a…
Spotlight: Emerging risks in the property sector
The property sector faces a number of long-established risks from storms and floods to subsidence and fires. However, new risks are emerging all the time and the insurance industry must make sure customers are aware and are prepared to face them. Tim…
Spotlight: UK businesses brace for evolving claims risks
It’s not just a rise in extreme weather events that is contributing to the claims tally for UK businesses. Tim Evershed explores the gaps in insurance cover in the workplace
Howden and Microsoft launch climate risk platform
Howden has collaborated with Microsoft on a platform aimed at enabling clients to manage climate risk and increase climate resilience.
Terrorism legislation ‘likely’ to result in increased D&O claims
Legislation tabled in parliament last week is “likely” to result in more directors’ and officers’ claims and renewed demand for public liability cover, law firm DAC Beachcroft has warned.
Look to the skies to manage climate change risk
By leveraging advanced technologies like satellite data, Forbes McKenzie, founder and CEO of McKenzie Intelligence Services, argues insurers can better predict, manage and mitigate the impact of increasingly common frequency and severe natural disasters.
Government uncertain on Martyn’s Law’s insurance implications
Martyn’s Law, which will require public venues to boost their preparedness for terrorist attacks, has finally been introduced to parliament.
ESG Spotlight: The ESG opportunity for SME brokers
As ESG becomes more important to SMEs, Saxon East says brokers can work with forward-thinking insurers to help their clients.
ESG Spotlight: Ethics, talent and underwriting profit – how ESG can help insurers
While there is a lack of clarity on how insurers can embed ESG into working practices, despite its growing importance, Saxon East reports some insurers are showing the way.
ESG Spotlight: Can SME commercial insurers drive profitable growth with ESG data?
ESG continues to act as a catalyst for change across business operations and culture with its reach having extended to the UK SME sector. What does this mean for SME commercial insurers and can they use ESG data to better assess risk and create…
Hot works – how not to get burned
Risk improvement can boost an insurer’s bottom line and help customers avoid damaging and disruptive incidents. However, RiskSTOP’s Lisa Beaton finds underwriters’ risk requirements are not always valued, and that one intervention presents a particular…
Is it time to ditch lithium ion batteries?
News Editor's View: Scott McGee considers if government legislation to make lithium ion batteries safer is too little too late for electric vehicle insurers and whether providers’ appetites for covering such cars will only return when manufacturers…
UK utility companies face rising cyber threat
Successful cyber attacks against UK utility companies climbed more than 500%, and some fear they could yet rise further, according to Chaucer.
Roundtable: Can ESG unlock insurer value?
Insurance Post recently gathered a group of insurance, underwriting and data experts to discuss how firms can better evolve their ESG strategies in line with growing demand and responsibilities.
Aon’s Biddle on inspirational women improving social mobility in insurance
Charlotte Biddle, senior global benefits consultant at Aon, on making general insurance a more inclusive industry for individuals who feel “more Primark than Prada”.