Insurance
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Insurance Act to usher in ‘grown-up’ risk transfer but could complicate claims: Cunningham Lindsey
The UK’s 2015 Insurance Act will demand a more collaborative approach to insurance placement and claims that should usher in…
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Brexit and regulation top BIBA’s agenda
Regulation and the threat of ‘Brexit’ from the EU are top concerns for the UK’s international brokers, according to Graeme…
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Broker relationships under pressure: AM Best
Intense pressure on margins in the highly competitive market environment is forcing a potentially significant and lasting change in the…
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London market faces up to global challenge
Commercial Risk Europe’s Adrian Ladbury presents the key findings of the Boston Consulting Group’s report that the London market is…
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Devil in the detail
David Gittings is chief executive of the Lloyd’s Market Association (LMA), the association that represents underwriting companies in the London-based…
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Airmic chiefs warn against commoditisation of insurance
At a time when insurance is becoming increasingly commoditised, risk and insurance managers need to recognise the strategic value of…
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Transparency concerns raised during forum debate
Risk managers attending the Airmic debate were told the soft market is here to stay, but concerns were voiced over…
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EU data protection law progress set to boost cyber insurance market
As the EU this week agreed to press ahead with data protection regulation by the end of the year, AGCS…
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Shift focus to revenue protection Swiss Re Corporate Solutions tells risk managers
Risk managers should focus on protecting revenue and earning streams if they and their insurance partners are to stay relevant,…
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Disclosure and documentation key to claims disputes under Insurance Act
Insurance risk managers need to spend more time on disclosure—engaging with insurers early and documenting placement—to ensure they have a…
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UK firms struggling to get on top of cyber risk: Marsh survey
A new survey by Marsh reveals that UK boards and risk managers lack cyber risk oversight and a fall in…
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Buyers urged to sharpen focus on contract placement
Insurance buyers need to up their game and put claims disputes front of mind when arranging their insurance, according to…
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Chartered Insurance Risk Manager moves a step closer
Proposals to enable insurance risk managers to seek chartered status are approaching the final approval stage. The move to create…
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Airmic sets out sample Insurance Act endorsements
Airmic has published a technical briefing paper that includes a series of sample wordings and endorsements to help insureds with…
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Insurance associations issue Insurance Act guidance
Following the publication of the British Insurance Brokers Association's (BIBA) guide to the Insurance Act for brokers last month, the…
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Airmic calls for broader reputational risk cover
Insurers say they are willing to work with the UK risk and insurance managers’ association Airmic as it looks to…
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Aon Global Risk Consulting makes key changes
Aon Risk Solutions has shaken up its Global Risk Consulting practice naming a new MD in the UK and making…
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Kenyan banks comply with global anti-money laundering requirements
All Kenyan banks have now complied with the requirements of the Financial Action Task Force (FATF), an inter-governmental body that…
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Managing risk in the manufacturing sector
Power supply interruptions, labour disputes and sociopolitical risks are ‘top of mind’ at manufacturing firms across Africa, as Gareth Stokes…
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Zimbabwe & Uganda highlighted for new investor opportunities
International investors looking for opportunities in Africa are not likely to be disappointed, according to a group of lawyers from…