The role for international programmes post-pandemic

The role for international programmes post-pandemic

The role for international programmes post-pandemic

The use of global programmes could actually increase as a result of the Covid-19 pandemic, according to experts from Zurich Insurance Group. IPN spoke to a small group of them, ahead of Commercial Risk’s two-day Global Programmes Europe conference (29-30 September). Q: Will the pandemic end the inclusion of employee benefits in global programmes or accelerate it?

The email challenge: easing the pain with artificial intelligence

The email challenge: easing the pain with artificial intelligence

The email challenge: easing the pain with artificial intelligence

Artificial intelligence (AI) and machine-learning are talked about a lot in the media and in business in terms of their potential and benefits. But for many people, there is a certain hesitancy about AI, and an element of the unknown. Will it really do what it is promising? Will it take away jobs? Who takes accountability? And there is often…

Driving down risks: how international insurance programmes can be used in the management of commercial fleets

Driving down risks: how international insurance programmes can be used in the management of commercial fleets

Driving down risks: how international insurance programmes can be used in the management of commercial fleets

For many companies across the world, commercial motor fleets are an important part of how their business operates. Simon Kay, AXA XL’s head of international motor, and Halima Bekkali, a motor risk consultant specialising in road safety, discuss some of the challenges involved in operating large fleets and how international insurance programmes can be used to help transfer some of…

Increasing use of existing captives to tackle hard market, Marsh survey finds

Increasing use of existing captives to tackle hard market, Marsh survey finds

Increasing use of existing captives to tackle hard market, Marsh survey finds

The majority of captive owners plan to increase their use of captives in response to changing insurance market conditions, according to a survey of 1,240 Marsh-managed captives. More than half (59%) expected to expand their captive use by adding more lines of coverage, increasing retentions in the captive, or forming an additional captive, while 38% said they had no plans…

UK government issues proposals to tackle illegal deforestation in supply chains

UK government issues proposals to tackle illegal deforestation in supply chains

UK government issues proposals to tackle illegal deforestation in supply chains

Concerns around climate change and the environment continue to move up the corporate agenda as governments and businesses are becoming ever more conscious of the potential for climate change to cause catastrophic global events. The UK government has promised to “build back better and build back greener” in the wake of the Covid-19 crisis – seeing the pandemic as a…

Howden accelerates plan to be credible global alternative for risk managers

Howden accelerates plan to be credible global alternative for risk managers

Howden accelerates plan to be credible global alternative for risk managers

Howden, the london-based international specialty broker that is part of the Hyperion Insurance Group and 46% staff-owned, aims to become the leading Europe-based broker through a strategy of organic growth, acquisitions and hiring expert talent, CEO José Manuel González told Commercial Risk Europe. The broker is building a fast-expanding network of offices, expertise, products and services that, critically, now enable…

Sompo ready to ramp up European and international corporate business

Sompo ready to ramp up European and international corporate business

Sompo ready to ramp up European and international corporate business

Sompo International, a global specialty provider of property and casualty (re)insurance, is about to embark on a significant communications effort to “demystify” the organisation for brokers and risk managers, according to Julian James, CEO of international insurance. Sompo Holdings, the parent of Sompo International, has made no secret of its ambition to become a top 10 global insurance group by…

Changing tariffs affect Indian global property programme local policies, says Willis Towers Watson

Changing tariffs affect Indian global property programme local policies, says Willis Towers Watson

Changing tariffs affect Indian global property programme local policies, says Willis Towers Watson

Global property programme local policies in India will require increased attention as a result of changing tariffs in the Indian insurance market, according to a whitepaper from Willis Towers Watson. The paper notes that while some tariffs were reduced, most have increased as a result of property tariffs issued by the General Insurance Council. The paper, authored by Disha Sahni,…

The importance of context

The importance of context

The importance of context

There is much debate around the topic of non-admitted insurance when it comes to global insurance programmes, but ultimately if sustainable solutions are to be provided, then it is necessary to understand and respect the regulations in the context in which companies buy insurance.

Alternative solutions for captives in a changing marketplace

Alternative solutions for captives in a changing marketplace

Alternative solutions for captives in a changing marketplace

The impact of a changing insurance market, exacerbated by the global Covid-19 pandemic, means that insurance and reinsurance buyers are increasingly exploring alternative solutions. Rob Turner, chief underwriting officer and global head of structured risk solutions at AXA XL, explains how these solutions can work for captive owners. There are several strategies and options available to captive owners when considering…

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