Cyber
Blog: Helping clients adopt MFA as a critical layer of cybersecurity
Davis Kessler, of Travelers Europe, explains why multi factor identification is a key weapon for businesses and brokers as they seek to prevent cyber attacks
Property pricing up 9% in Q1
Insurance pricing in the UK increased by 20% in the first quarter of the year but this was down on the 22% rise in Q4 2021, according to the latest research by Marsh.
Aviva calls on brokers to play key role in protecting clients from cyber risk
Aviva has urged brokers to help educate customers on how to improve resilience and ensure they have taken reasonable steps to protect themselves following alerts from government agencies that the commercial world faces an increasing risk of an online…
PIB snaps up international wholesale specialty broker Guest Krieger
The London Market broker writes specialty business mainly emanating from Israel but also from more than 30 other countries.
Pool Re boss Julian Enoizi to join Guy Carpenter
Enoizi will join the reinsurance broker on 11 April.
Beazley revamps underwriting team structure
Cyber risks to become a standalone division as part of the changes.
Q&A: Mike Keating – MGAA CEO
Ahead of the Meet the MGA event which takes place on 30 March in Birmingham, Mike Keating explains the value of MGAs to the broker space.
UK brings in sanctions blocking Russian access to aviation insurance
AM Best put ratings of suite of Russian insurers and reinsurers on negative watch at the start of the month.
Hiscox UK posts near 10% rise in GWP for 2021
The provider grew commercial lines business while personal lines shrank in the year.
Aon confirms cyber incident
Firm states its ability to serve clients has not been impacted by the event.
Analysis: Balancing risk and opportunity in the metaverse
Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike.
Biba calls for IPT relief in 2022
The trade association has asked government to reduce IPT to 10% in areas such as property, telematics, and cyber as it also pleads for a simplification of insurance tax in the travel sector.
CFC Underwriting tops the Insurance Age broker cyber poll
Specialist company CFC Underwriting has won out, with Travelers and NMU also in close contention, as the UK’s leading eight cyber insurers are revealed based on broker opinion
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
Review of the year: Gallagher's Gary Fletcher
Gary Fletcher, managing director of the South, UK Retail, tells Insurance Age about how brokers have continued to support businesses across the UK in 2021.
Share your views on cyber insurance
The Broker Satisfaction Survey puts the microscope on the growing cyber insurance market.
How can brokers help financial institutions protect against insolvency and regulatory failures?
In depth: Rachel Gordon explores how specialist cover can protect financial institutions as the risks are exacerbated by the pandemic.
CFC develops ransomware cost calculator
The tool can help businesses to understand the financial risk of a cyber attack.
Blog: Why brokers need to think about intellectual property insurance
CFC's Maddi Brown discusses the need for SMEs to protect themselves amid a rise in the number of disputes as larger companies allege IP infringements in the hope that their smaller target won’t have the resource with which to defend itself.
IPT untouched in latest Budget
While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.
CFC adds EQT to investor panel
Vitruvian, which has backed the cyber specialist since 2017, also remains on board as a financial backer.
Gallagher faces legal action over response to ransomware attack
Broker faces class action in the United States following a cyber breach in September 2020 which also saw personal data of individuals in the UK being accessed.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
DNA Insurance confirms cyber incident
A number of phishing emails were sent from a staff member's account, and Ian Jacob, group chief risk officer of parent firm Aston Lark, says the breach was detected within minutes and no other accounts across the group were compromised.