The nature of insurance risk is changing; shaped by societal trends, economic factors and
advancements in technology. As traditional perils continue to evolve and new perils emerge, what could this mean for policyholders and the insurance industry?
Internet of Things Industry Applications Explained
Our Transformational Propositions Manager, James Tucker and our Transformational Propositions Consultant, Shanna Serrano explore how industries such as manufacturing, motor fleets and retail can utilise the Internet of Things, 5G and smart devices.
Escape of water (EOW) is not a new issue but certain factors continue to impact the way EOW incidents are caused, detected and mitigated. Andy Miller shines a spotlight on EOW in this BIBA guide article.
The UK (and wider world) is currently facing times of enormous uncertainty and instability due to a number of socio-economic factors. At the time of writing, Covid-19 (Coronavirus)
continues to cause anxiety and disruption.
When disaster strikes, having the right level of insurance cover is essential. But, as the economic environment shows more and more signs of stress and strain, the insurance industry must take steps to ensure that businesses don’t underinsure and inadvertently add to their pain if they suffer a loss.
This year has shown that new, unforeseen risks can emerge at short notice but there are also ongoing and developing risks that have evolved over time. In this supplement we look at the rising risks during recessionary periods, escape of water, the future of subsidence and a look to the future.
Why no business or sector is immune from cyber threats
Increasingly, evidence shows that businesses of all shapes, sizes and sectors can experience a cyber attack as companies become progressively digitalised and deal with sensitive data which acts as a lure for cyber criminals.
Professional indemnity insurance through the pandemic – and beyond
How does the land lie for the professional indemnity sector in these troubled times? In this assessment from Allianz Insurance, we examine the impact of the current situation and view the emerging risks on the horizon