Do insurers need a connected view of the world of risk

There is a growing divergence between corporates’ risk requirements and insurers’ appetite to cover them. This problem has been exacerbated by the fact that only 20% of corporate risk is currently insured. Alongside this lack of risk coverage, there is a failure to understand the interconnectivity and accumulation of risks – and how these risks can impact an organisation’s balance sheet.

Connected Claims USA Virtual officially launches

10,000+ claims executives gather for Connected Claims USA Virtual by Insurance Nexus and Reuters Events. Connected Claims USA has officially launched as the first fully virtual claims event and remains the world’s largest and most senior claims event (June 23-25, 2020). As uncertainty becomes the new normal, it has never been more important for the insurance industry to pull together to support customers and claims handlers alike through this difficult time. Claims transformation is more urgently needed than ever before.

How should insurers address cyber risks

Cyber risk is insurable, but using cyber risk insurance policies is particularly difficult. With this in mind, the need to offer appropriate solutions becomes increasingly evident. Cyber risk is not a new risk. Common consequences include business disruption, loss of data, loss of profit and material damage. Insurers are familiar with such losses and are covered by traditional insurance policies.

PLSA Webinar on dealing with Covid19 LGPS member surgery

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