Risk management
Legal expenses insurance - how brokers can sell “peace of mind”
It might be expected that brokers looking to sell ancillary insurance products to UK businesses are facing customer resistance. One sector that is firmly rebuffing this expectation is that of legal expenses insurance.
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.
Video Q&A: Chubb climate tech practice leader Tim Charters
A recent convert to the sector, Tim Charters, climate tech industry practice leader, UK and Ireland at Chubb, caught up with Insurance Age content director Jonathan Swift to discuss his new role.
Opinion: SLAPP legislation changes and the insurance industry
Judges in the UK have been given powers to dismiss lawsuits, labelled by the UK government as intended to curtail the freedom of speech of journalists, at an early stage. Joe Wornham, senior technical underwriter – media liability at CNA Hardy, analyses…
Webinar on-demand: Demystifying cyber coverage
In this video guide to cyber insurance cover, Coalition dives into the fundamentals of a standalone policy, what brokers need to look out for to get the most comprehensive coverage for clients, and some examples of how coverage helps policyholders during…
Brokers should push for 12-month BI indemnity periods to be extended
The 12-month indemnity period in business interruption insurance cover should be consigned to history and replaced with a minimum 18- to 24-month one as standard.
How cyber insurance helps protect small businesses from the impact of attacks
Why do your small business clients need cyber insurance? In the current economic climate, cyber insurance might seem like a luxury rather than a necessity.
The rising risk of underinsurance
With UK inflation painfully high, companies need urgent help to avoid the growing dangers of underinsurance.
The stats: Q1 2023: Onwards and upwards – commercial rates continue to rise
Insurance rates increased year-on-year by 4.5% in the first quarter of 2023 with property being the key driver according to research from Acturis. Rachel Gordon digs into the data.
Broking success: Retaining independence and recruiting fresh talent
Richard Ingleby, managing director of Castlemead Insurance Brokers, highlights the importance of independent intermediaries and the need for more younger employees to infiltrate the sector.
How artificial intelligence levels up email phishing
Email phishing attacks, which already account for nearly 90% of all data breaches, are becoming even more pervasive and harder to detect.
Why your clients should be on alert for the ‘cyber cash grab’ - Funds transfer fraud
Think like a cyber criminal - they aren’t targeting specific businesses, businesses are simply making the cash grab easy.
Hear from WTW, Gallagher, Movo, Brokerbility and Applied at the next Broker Breakfast session
The next Insurance Age Broker Breakfast will take place on Wednesday 14 June in Bristol.
Interview: Paul Tasker, Reg Technologies
Paul Tasker spent his entire career working in broking, until he moved five years ago to insurtech Reg Technologies. Enjoying life in his new role, he talks about risks facing insurance firms and how Reg can help.
2023 Cyber Claims Report
Coalition's 2023 cyber claims report finds that organisations with unresolved critical security risks are 33% more likely to experience a cyber claim.
Zurich partners with brokers on digital risk management system
Zurich UK has launched a digital risk management system to give firms real-time visibility of the risks they face, Insurance Age can reveal.
Gallagher's Andrew Marvin talks cyber education and understanding in this interview
Brokers are now more critical than ever in the cyber insurance market.
National Cyber Security Centre urges businesses not to pay ransomware demands
The CEO of the National Cyber Security Centre, Lindy Cameron, has urged businesses not to pay cyber criminals’ ransom and to instead set up reliable defence systems.
How to elevate your cyber insurance business with risk assessments
In this webinar, Coalition's UK business development lead, Kye Brown, discusses the benefits of cyber risk assessment reports, how Coalition's report helps SMEs improve their cybersecurity profile and how it can help brokers elevate cyber insurance sales.
LexisNexis Risk Solutions becomes Biba associate
LexisNexis Risk Solutions has become the 43rd associate of the British Insurance Brokers’ Association.
The evolution of ransomware - a cyber claims perspective
For brokers, it’s more important than ever to advise your clients on the risks that can lead to ransomware.
In depth: How to reduce underinsurance through effective risk management
Underinsurance continues to be a massive problem with an estimated 50% of the UK's businesses underinsured. This content focuses on how risk management could help brokers combat this growing trend with benefits for all.
Education and client conversations key to reducing underinsurance in the HNW space
The high-net-worth sector is playing catch up in making sure clients are not underinsured as a result of the Covid-19 pandemic pause on site visits – and policyholders are having building work done on their properties and possessions accruing more value.
Clear Group buys first international broker with MBC deal
Clear Group has acquired Irish commercial broker McAuliffe Barry & Collins Ltd (trading as MBC Insurance and Techinsure.ie), its first deal outside the UK, Insurance Age can reveal.