Risk management
In Depth: Risk-first broking – unlocking better terms through risk insights
To win out in the future brokers need to evolve from being insurance policy facilitators to proactive risk managers. Alan Sumner, risk management director, general insurance broking at Ardonagh Advisory, explains.
Podcast: 2025 UK construction trends
In this podcast, HSB's John Nicholls and John Butterworth explore key trends that are reshaping the future of the UK construction market, and how those trends are impacting construction insurance risks.
Six-year low, but 76% of UK properties still underinsured
According to research conducted by rebuildcostassessment.com, 76% of UK buildings are underinsured and 20% are overinsured.
Spotlight: Buildings underinsurance - what can be done?
While tackling underinsurance can lead to greater levels of trust between an insurer and the policyholder, failure to take action can have significant downsides including reputational damage and even legal action.
Spotlight: Why buildings underinsurance is bad for business
Based on current statistics, the insurance industry has some way to go in tackling buildings underinsurance.
2025 construction insurance risks report
Designed for insurance brokers, this report considers the key trends that will impact construction insurance risks in 2025, from the small tool theft epidemic to the technologies leading the sector’s digital transformation.
Video Q&A: Hiscox head of private art and private clients Robert Read
Following the High Net Worth Forum, held on the 7th November in London, Insurance Age content director Jonathan Swift caught up with Hiscox’s head of art and private clients Robert Read to discuss the state of the market.
Serving the insurance needs of the dynamic SME market
With SMEs accounting for 99% of the UK's business population, the scale of the insurance opportunity is clear.
Podcast: Construction theft - contractors' small tools and equipment
HSB's John Nicholls and Jamie Talbot explore the rising impact of small tools and equipment theft in the construction industry, how they affect construction customers' bottom line, and what preventative measures and industry best practices they can take…
Brokers to warn businesses on lithium-ion batteries
Brokers should urge businesses to take steps to manage the risks that lithium-ion batteries can present, according to guidance from Aviva.
People Moves: 28 October – 1 November 2024
Follow the latest insurance personnel moves.
Addept signs distribution deal to bolster broker landlord offering
Addept Insurance Services has today announced an exclusive broker distribution deal with Title Guardian, a 24/7 digital anti-fraud property and identity monitoring tool.
Spotlight: Emerging risks in the property sector
The property sector faces long-established risks from storms and floods to subsidence and fires. However, new risks are constantly emerging and the insurance industry must ensure customers are aware and prepared to face them.
Spotlight: Why we need risk management for everyone, not just the 2%
For over 200 years, the insurance industry has understood the benefits of risk management in reducing and controlling exposure.
Underinsurance: how big is the problem and what can brokers do to solve it?
Inaccurate buildings sums insured are one of the biggest causes of claims disputes, creating problems for policyholders, brokers and insurers.
Biba calls on FCA to remove large SMEs from scope of Consumer Duty
The British Insurance Brokers’ Association has called for larger commercial customers to be removed from the scope of the Consumer Duty
Blog: Questions need to be asked around solar panel fire risks
With reports of the number of solar panel fires rising six-fold in recent years, RiskSTOP’s head of technical risk engineering & surveys, Paul Farmer, suggests insurers and brokers need to start asking questions around maintenance, inspections and more.
ESG Spotlight: The ESG opportunity for SME brokers
Insurers are waking up to the huge opportunity ESG offers in the SME space – and they need brokers on board.
Meet the MGA: Criterion
Looking to challenge the status quo when it comes to insuring waste and recycling businesses, underwriting director Stuart Kinsella explains why having no referral parameters and deep expertise in the sector means Criterion is well positioned to make its…
Infusing GenAI into insurance
Generative AI (GenAI) could revolutionise the insurance industry. Insurers unprepared for significant changes and new value sources may miss out on its potential.
Axa UK & Ireland looks to Aviva for new CRO
Axa UK & Ireland has appointed Rahul Gumber as chief risk officer, subject to regulatory approval.
When it comes to risk management do brokers practice what they preach?
Brokers are being asked to constantly bang the drum for risk management to make sure a client is adequately insured. But what are intermediaries doing to protect and ready their own businesses for all eventualities? Martin Friel investigates.
HSB Knowledge Squad Podcast: The role of business computer insurance in an evolving digital world
In HSB’s latest Knowledge Squad podcast, Mathew Prentice, Stacey Sheridan and Andy Meanock discuss how evolving working trends are impacting business computer-related insurance risks, and what key computer equipment exposures businesses need to consider.
Meet the MGA: Altea
Carly Matson, CEO of Altea Insurance, outlines how her MGA is helping healthcare professionals and organisations fulfil their insurance requirements against a backdrop of hard rates and frustrations around regulation/licensing.