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Society is in the early stages of a revolution driven by technology. While this should mean more prosperity, it will also mean unintended consequences and some “dark and challenging” times, John Ludlow, the chief executive of Airmic, warned delegates in his opening remarks at the risk management body’s annual conference. 4 June 2019
Insurance
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology. 4 June 2019
Insurance
As captives have become an increasingly important part of a risk manager’s toolkit, UK-based risk management association Airmic has refocused its energies on promoting the sector and offering new research and opportunities for its members. 4 June 2019
Insurance
Carriers and brokers increasingly want their partners to help them leverage data and technology to make them more efficient and offer greater insights into the risks and claims they are grappling with. 4 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has expanded into underwriting excess third-party aviation war liabilities (AVN52) with $47.5 million capacity for 2019. 3 June 2019
Insurance
The Airmic conference organisers have devised an innovative way to garner opinions from attendees at the annual event in Harrogate this week: installing a coin voting booth that delegates will be encouraged to use during the event to inform the organisers of their sentiments on some key issues. 3 June 2019
Insurance
“We fired a gun last year with the publication of our Roads to Revolution report; this year, it will be interesting to see how everyone responds to that call to action and what solutions people are able to bring to the table. 3 June 2019
Insurance
Airmic will today (Monday, June 3) launch its third flagship Risk Leadership Programme, in partnership with Cass Business School, for Airmic members. 3 June 2019
Insurance
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia. 31 May 2019
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