Welcome to the fourth episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
A Ferma board member has warned insurers not to “destroy” their product after outlining how relationships with underwriters had been strained in recent months amid quickening market hardening.
British-based corporations are already finding it harder to access insurance coverage because of the effects of climate change, Marsh & McLennan’s director of climate resilience told risk managers on Tuesday.
John Ludlow, CEO of risk manager association Airmic, is expected to step down in early 2021.
The impact of Covid-19 on the cruise ship industry has been graphically displayed recently on social media with the first vessels being run up the beaches in Turkey in preparation for recycling. Ian Butterworth, Forum of Insurance Lawyers member and solicitor at Thomas Miller Law, considers the impact of cruise ships decommissioning on the insurance industry and the environment.
Infectious disease is now the second main concern for business executives globally, jumping 28 places from its ranking in 2019 in the wake of the Covid-19 pandemic, according to the World Economic Forum’s interactive map on Regional Risks for Doing Business 2020.
As trusted advisors providing access to high quality risk management resources brokers can help clients meet the challenges that lie ahead and should be in contact with insurers as early as possible to review cost and cover options, says Aviva’s chief distribution officer Phil Bayles.
The coronavirus pandemic has underscored the need for the organisers of events like the postponed Tokyo Olympics and risk managers in general to give serious consideration to every item in their risk registers, a research team at Willis Towers Watson has said.
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Motor #vehicle crashes are the leading cause of death among #teens. Here are some factors that contribute to this high rate and programs in place to help mitigate teen driving #risks. https://t.co/aiFteCfdSr #TeenDriversSafetyWeek #AutoSafety pic.twitter.com/uhtfGlfQws— Insurance Information Institute (@iiiorg) October 19, 2020
- RSA opts against appeal on Marsh wording in BI test case
- Crêperie's High Court BI case against Allianz thrown out by judge
- Analysis: An insurance fraud epidemic?
- Briefing: False hope is no antidote - a business interruption appeal is still firmly on the table
- Failed Danish insurer and UK agent in legal battle over taxi driver policy premiums
- BI calculation confusion leaving policyholders with cover shortfall
- Fully Comp episode 4: Can London’s Square Mile bounce back after the pandemic?