Risk Management
Blog: Growing timber insurance, the essentials
Growing timber insurance is a niche market that requires expertise, be it for underwriting or assessing storm damages. Frank McGaffney, loss adjuster at Agrical, explains.
International: Marine losses
Major marine losses are flowing again as ever larger, more sophisticated ships take to the seas.
Blog: Trade credit insurers mustn't waste the Brexit opportunity
Trade credit insurers can prove their worth by helping their customers mitigate the risks associated with Brexit, writes Richard Reynolds, regional manager at Atradius.
Airmic 2017: Risk managers need to focus on the short term to tackle unpredictable risks
The risks facing UK firms are changing at such a pace that risk managers need to focus on the immediate short term not just the risks of the future, members of the Association of Insurance and Risk Managers heard.
Airmic 2017: Market not yet consistent on Insurance Act, Airmic warns
Brokers are adopting different approaches to achieving a fair presentation of the risk under the Insurance Act, the Association of Insurance and Risk Managers has warned.
IBIS 2017: Softer Brexit becomes more likely following election
After Prime Minister Theresa lost her overall majority in the general election last week, a softer Brexit is more likely, said Thomas Lake, senior analyst, political risk at BMI Research.
Organisations not doing enough to ensure travel risk strategies are fit, Airmic warns
Organisations are not doing enough to ensure their travel risk strategies are “fit for the 21st century”, The Association of Insurance and Risk Managers has warned.
Airmic 2017: Pace of change 'key barrier' to effective cyber risk management
The pace of change surrounding cyber risks is a key barrier to effective cyber risk management, experts said.
Airmic 2017: Risk management 'unsustainable without new talent'
The relevance of risk management as a profession will suffer if it continues to fail to attract young talent, one of the industry's leading figures has said.
RSA's Neil Strickland on how technology can help risk management at large firms' smaller sites
For customers that operate across multiple sites of varying size and complexity, Neil Strickland, director for global consulting at RSA, says the application of new technology is addressing the challenge of how to provide cost-effective risk management…
We need to talk about fire claims
With concerns growing about the coordination of the many parties involved in investigating major fire claims, a roundtable recently brought together insurers, adjusters, forensic investigators and fire service chiefs. As they discussed the many…
My other life: Sean O’Regan, Scope Technologies, botany and zoology
O’Regan is a team leader at the telematics provider, with an interest in zoology and botany
Insurers should better explain cyber pricing to customers, survey finds
Seven out of 10 firms said insurers should do more to explain how they price cyber risk, according to a survey.
Live blog: Motor Insurance World 2017
Post's Motor Insurance World, as it happened.
Political risks: Halting new threats
Businesses with domestic and international footprints are increasingly demanding protection from political risks. But, as the threats have changed in recent years, so has the cover that serves to protect against them
Pool Re will respond to Manchester attack as ‘quickly as possible’
Pool Re will work with its members to resolve any claim arising from the suicide bomb attack in Manchester, the terrorism reinsurance fund has said.
Bollington boss recounts harrowing ordeal of Manchester terrorist attack
A senior insurance boss has recounted his harrowing experience of trying to collect his 14-year-old daughter and friend from Manchester Arena last night following the terrorist attacks.
Manchester Arena ‘regularly carried out terrorist response training’
The company that owns Manchester Arena had previously carried out extensive incident response planning for the threat of a terrorist attack.
Aon's Rory Moloney on why tackling risk takes the whole company
Rory Moloney, CEO of Aon Global Risk Consulting, explains why helping a company tackle risk in today’s world requires a new way of thinking.
Blog: Connected homes should get cheaper premiums
Connected devices could help household insurers offer cheaper premiums to responsible homeowners, says Craig Foster, managing director of Homeserve Labs.
JLT's Hamish Roberts on the tender trap
The vast majority of broker appointments are made as a result of an expensive tender process. Hamish Roberts, JLT’s head of business development, suggests a cheaper method that remains procurement-friendly.
More scrutiny on Luxembourg captives ahead
With increasing regulatory scrutiny, managing a captive can become challenging. Protected cell companies offer a practical alternative.
Claims aggregation: Joined-up thinking
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
Legal Update: New technology risk in construction
Construction professionals using unproven technologies may inadvertently affect their professional indemnity cover if they fail to disclose all relevant information to their broker and to keep their insurer in the loop, warns Hannah Cane, partner and…