Top Ten Risks for UK Businesses in 2021
The Allianz Risk Barometer report identifies the top corporate risks for the year ahead, based on the insight of over 2,700 risk management experts across the world. We thought it would be useful to share the risks from the report ranked most important by those surveyed in the UK, to help with your own risk planning for the next 12 months and beyond.
Securing Professional Indemnity Cover in a Hardening Insurance Market
In this post, we are looking at how professional indemnity insurance has been affected by a rise in demand and drop in availability, brought on by a hardening of the insurance market that’s been further accelerated by the COVID-19 pandemic. We’ll be sharing advice on what to expect when attempting to obtain PI insurance, and providing expert tips on securing the cover you need to protect your business.
Unoccupied Premises – What You Need to Know About Your Insurance
Following the recent measures put in place by the Government in an attempt to stem the spread of the coronavirus, a number of businesses have had to temporarily leave their premises unoccupied. If this applies to you, you will naturally be wondering about your insurance position.
The Future of AI in Insurance
Artificial intelligence is expected to alter many facets of the insurance industry, and is already making an impact in many areas. From ultra-tailored policies and pricing based on precise, data-powered risk assessments to automated screening of fraudulent claims, the future seems set to enjoy boosted productivity, more streamlined decision making, lowered costs and an enhanced consumer experience.
Passengers Set for Real Time Status Updates on Lifts & Escalators at Network Rail Stations
The Lift and Escalator Industry Association (LEIA) recently shared some very interesting news about how Network Rail has been investing in improving accessibility at railway stations nationwide, and how they have been exploring a competition-winning idea to improve accessibility information on lifts and escalators for passengers.
Personal Injury Compensation and the Ogden Rate: How Recent Changes will Affect Insurance Premiums
A change to the rate at which personal injury compensation is calculated has become major news across the insurance industry. Here we explain how the changes will affect both injury claimants, and holders of motor and liability insurance policies.