UK/Ireland
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UK funding for flood defence inadequate warn MPs
The UK's Environment, Food and Rural Affairs Committee has today warned that new measures to tackle flood risk do not…
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Flood Re welcomed but proposals under scrutiny
The UK's Environment, Food and Rural Affairs (Efra) Committee is concerned over how the UK's planned Flood Re insurance scheme…
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Second leading insurer removes basis clauses from UK contracts
ACE has followed in the footsteps of AXA and promised to remove basis clauses from UK contracts. It remains to…
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Compliance database progressing but battles ahead
Plans to create a market-wide compliance database for global programmes are progressing, but may not be a silver bullet solution.…
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Balva collapse highlights dangers of unrated insurers for UK law firms
The UK's Law Society is urging law firms to break the cycle of opting for unrated insurers following the news…
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The forever rising tide – Europe
John Ludlow is Senior VP and Head of Global Risk Management for London-based InterContinental Hotels Group. The hospitality industry has…
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Growing use of cheap foreign IT equipment increasing UK cyber risk
Risk managers must beware that a trend for British companies to use cheap foreign IT equipment as budgets are squeezed…
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Airmic sets sights on archaic wordings
With a lack of claims certainty dominating the concerns of UK risk managers polled in Airmic’s latest member survey, the…
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Zurich invites other insurers to collaborate on database
Zurich Global Corporate says that its Multinational Insurance Application (MIA) database could be the first step in creating a common…
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Airmic calls for better risk reporting as standards fall
Risk reporting at public listed companies is not up to scratch, according to Airmic and the Institute of Chartered Secretaries…
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New capital may have big implications for buyers
New capacity flowing into the insurance market from the pension fund industry is helping flatten out market cycles and is…
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This is the time…
The discussion at Airmic this week has not surprisingly largely centred on the fundamental relationship between risk managers, brokers and…
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Immature cyber risk management placing UK business at risk
An immature approach to cyber risk management is placing organisations at risk with poor communication to senior management about the…
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Keep risk communication simple and clear advise Harvey and Hayden
Risk managers need to use clear and simple language when they communicate with the board, and spend time preparing their…
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Hurrell reports progress on contract law, qualifications and global programmes
Opening this year's Airmic conference, the association's chief executive says progress is being made over the settlement of large claims.
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McGloin calls for insurers and brokers to change model
The insurance industry needs to change its business model to better reflect the needs of its clients, according to the…
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Leading UK risk managers back government’s cyber risk management standard
Leading UK risk managers have backed their government's forthcoming cyber risk management standard that aims to help companies more effectively…
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UK placement changes on horizon with claims certainty in spotlight
Demand from UK corporate insurance buyers for more relevant and effective insurance products could soon result in fundamental changes to…
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Airmic riding high but still looks to broaden appeal
In its fiftieth anniversary year, the Association of Insurance and Risk Managers (Airmic) is at a high point, according to…
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Happy 50th Airmic
Airmic this year celebrates its 50th birthday and over the last half a century it has helped insurance buyers find…