Van der Waart warns Narim members to ‘prepare for battle’ with insurers

Van der Waart warns Narim members to ‘prepare for battle’ with insurers

Van der Waart warns Narim members to ‘prepare for battle’ with insurers

Adri van der Waart, president of the Dutch risk and insurance management association Narim, has advised members to “prepare for battle” with the rapidly hardening insurance market. He also advised them to use this pandemic crisis to push forward and show they need to be the first point of contact, as organisations in the Netherlands and worldwide reassess their strategy…

Prepare early for tough renewals, Narim members told

Prepare early for tough renewals, Narim members told

Prepare early for tough renewals, Narim members told

Herman Kerremans, CEO at Howden Belgium, has advised Dutch risk managers to focus on supplying the best and most transparent risk information possible, while preparing fellow management for cost increases as tough renewals loom. Commercial Risk Europe interviewed Mr Kerremans about what risk managers in the Netherlands and wider Benelux region can expect during coming renewals, as members of the Dutch risk management…

Dutch risk managers advised to focus on risk management as market hardens

Dutch risk managers advised to focus on risk management as market hardens

Dutch risk managers advised to focus on risk management as market hardens

Narim members must focus on loss prevention and risk management more than ever before as they face up to what will be the toughest renewals for a long time, with the market reeling from the impact of Covid-19, said Guido Verheijden, director global and specialty at Amsterdam-based independent intermediary Meijers Insurance Brokers. Mr Verheijden spoke to Commercial Risk Europe as the Dutch risk and…

London market brokers choose Belgium as top EU base for post-Brexit business

London market brokers choose Belgium as top EU base for post-Brexit business

London market brokers choose Belgium as top EU base for post-Brexit business

Almost one quarter of London market brokers have set up a base in Belgium to continue operating in Europe after the UK’s transition period expires at the end of December, according to the London & International Insurance Brokers Association (LIIBA) that is confident members will be able to continue serving clients in the EU. The survey of London market intermediaries…

Dutch risk managers urged to rise to AI challenge

Dutch risk managers urged to rise to AI challenge

Dutch risk managers urged to rise to AI challenge

The rise of artificial intelligence (AI) is unstoppable and risk managers in the Netherlands and across Europe need to raise their game to rise to the challenge, Dutch futurologist Willem Peter de Ridder told members of Narim, the Dutch risk and insurance management association, in his keynote speech during the association’s virtual annual congress. Mr De Ridder told Narim members…

M&A broker RCA expands with new Netherlands office

M&A broker RCA expands with new Netherlands office

M&A broker RCA expands with new Netherlands office

M&A insurance broker Risk Capital Advisors (RCA) has opened a new European office in the Netherlands to meet the demand for specialist M&A advice post-Covid-19. “The Covid-19 pandemic has drastically disrupted the M&A market and tumultuous times are expected in the months ahead… demand for specialist M&A insurance advice and transaction risk mitigation has grown substantially,” RCA said. It added…

Global insolvency rates to rise 26% in 2020, says Atradius

Global insolvency rates to rise 26% in 2020, says Atradius

Global insolvency rates to rise 26% in 2020, says Atradius

Global corporate insolvencies are forecast to swell by 26% this year, with most booked to the second half of 2020 as Covid-19 impacts economies around the world, according to trade credit insurer Atradius. Turkey is expected to lead insolvency rates with a forecast increase of 41%, Atradius said, followed by the US and Hong Kong both at 39%. Atradius said…

Asia-Pacific re/insurance M&A picks up in first half of 2020

Asia-Pacific re/insurance M&A picks up in first half of 2020

Asia-Pacific re/insurance M&A picks up in first half of 2020

Merger and acquisition (M&A) activity in the Asia-Pacific re/insurance market made steady gains in the first six months of this year, with an increase from 31 for the same period last year to 38 deals in the first six months of the year, according to a new report from leading international insurance law firm Clyde & Co. Japanese acquirors once…

Coface to back further state-backed credit insurance schemes

Coface to back further state-backed credit insurance schemes

Coface to back further state-backed credit insurance schemes

Xavier Durand, CEO of France-based international credit insurance group Coface, reported that the company has now entered into agreements with 11 different national governments to participate in state-backed credit insurance schemes to help businesses cope with the effects of Covid-19, and is in discussions to create such schemes in other countries. Mr Durand revealed that the credit insurer is in…

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