Risk management
In Depth: Managing cyber risk in an ever-changing security landscape
In today’s interconnected digital landscape, cyber threats are becoming more sophisticated, posing serious risks to organisations and their partners. Aviva’s cyber senior risk consultant, Oliver Osei-Ofosu, explains the importance of cyber security can no longer be ignored as technology advances.
Beazley Digital’s Fantozzi: SMEs need to be alert to cloud-based cyber exposure
Small businesses face a growing threat of cyber-attacks as they move more services to the cloud, according to Ian Fantozzi, CEO of Beazley Digital.
New MGA aims to combat broker frustrations with PI
A new managing general agent has launched targeting mid-market SME professional indemnity business.
Gen AI to increase cyber attacks warns Lloyd’s
A new report has found that the impact of generative artificial intelligence is likely to increase the frequency, severity and diversity of smaller scale cyber attacks over the next one to two years.
Flood Re becomes first public body to be a Biba partner
Flood Re has become the first public body to join the British Insurance Brokers’ Association.
Blog: How brokers can help clients prepare for the next wave of cybersecurity regulation
Brokers can’t afford to be mere bystanders in understanding the upgraded cyber rules of GDPR, and the benefits and process involved in being SOC 2 compliant. Simon Hughes, VP and general manager at Cowbell, explains.
Brokers told to act now over BT Redcare closure
Brokers should alert clients about the closure of BT’s Redcare signalling system next year, and need to find an alternative supplier as soon as possible to avoid “installation bottlenecks”, insurers have warned.
RSA launches resource hub for broker profin clients
RSA Insurance has launched a bespoke online resource hub to help broker clients protect and manage their business.
Howden buys AHR Consultants
Howden has bought Rugby-based AHR Consultants, bolstering its risk management capabilities in the UK.
Waste management and recycling plant insurance – a market short on capacity
Media stories of massive premium hikes highlight issues in the waste management and recycling insurance market.
Cyber risk management education needed for SMEs, says Marsh
According to Kelly Butler, UK cyber leader at Marsh, cyber remains a top priority, and there is a disconnect between the insurance world and the cyber security world.
Ardonagh buys RiskSTOP Group
Ardonagh Advisory has purchased RiskSTOP Group, a provider of risk management surveys and ancillary services to the UK insurer and broking communities.
Martyn’s Law to usher in new era of terrorism risk mitigation and management
New legislation aimed at protecting premises from terrorism attacks might be thin on detail. But brokers need be prepared to assess how it will impact their clients over the coming months, as Edward Murray discovers.
Axa UK backs Labour Party pledge to appoint a Minister for Resilience
Axa has welcomed Labour’s commitment to appoint a Minister for Resilience if elected to Government at the next election.
Financial uncertainty ranked as the biggest concern for UK businesses, according to Marsh
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
Blog: Ensuring insurance broker business resilience in times of crisis
Taking a proactive approach to disaster preparedness can reduce stress and ensure that brokers recover quicker should adversity strike. Adam Tier, head of underwriting at Ansvar Insurance, outlines the steps intermediaries can take to improve their…
Partners& bolsters Northern hub with latest broker deal
Partners& has bolstered its presence in the North of England with a deal for Stephensons Risk Management
PIB buys RBIG
PIB Group has bought Manchester based commercial broker RBIG including RBIG Corporate Risk Services and RBIG Financial Services.
Ardonagh completes deal for HNW broker and MGA
Ardonagh Advisory has completed its deal to acquire high net worth broker Stanhope Cooper, and MGA Renovation Underwriting, following an earlier agreement to acquire a majority shareholding in the businesses.
Aviva expands appetite to boost sustainable building projects
Aviva has expanded its underwriting appetite to include engineered timber in commercial developments following a pilot, which saw it working with a handful of developers on sustainable building projects.
Opinion: From AI to ChatGPT - adapting cover to match the ever-evolving cyber risks
The technology and telecommunications sector is far from immune to cyber attacks, says Mark Armstrong, class manager technology at CNA Hardy, as he explains how the constantly evolving world of technology is attracting the attention of cyber hackers.