As the UK government stands firm against IoT hacking threats, brokers must prepare for requests for new data and different questions from insurers adapting to accommodate emerging technology risks
Industry must improve its communication with customers to mitigate flood of FOS complaints
We can blame insurers for some of the ills we suffer, but to blame them for a client’s underinsurance is weak
Detective inspector Simon Klust, deputy head of the City of London Police’s Insurance Fraud Enforcement Department, explains how the police unit has changed tack to reduce reoffending
It’s simply not enough to be ‘on the high-street’ – it’s about being ‘in the high-street’, being embedded in the community and showing you are a force for good.
Industry report says cyber premiums are decreasing as the risk of cyber attacks increases – is there a perfect storm on the horizon?
Legacy systems have slowed down the progression of open insurance, but the benefits for insurers and brokers are clear – and insurtechs are vital
Editor Katie Scott highlights the importance of insurers and brokers being on the same page when needing to communication premium increases to end customers
With elections in 2024 set to introduce an additional dose of unpredictability into an already volatile environment, businesses need to prepare for and protect themselves against escalating political-related risks.
With natural catastrophes affecting all worldwide jurisdictions in some way, shape or form, reinsurer emphasises that steps must be taken now to implement change and reduce insured losses
The capacity conundrum is causing insurers to exit lines of business – leaving the door wide open for MGAs to get cosy with brokers to better serve end clients
Counter fraud experts question how commercial brokers are being trained to spot insurance fraud