'Near miss': APRA calls out weaknesses after BI wording lapse
The prudential regulator has flagged concerns over poor risk management after a review of general insurers found many “identified significant...
Chp
Insurer Must Defend Entities Chosen by Insured
See the full video at https://rumble.com/v1hfbxj-insurer-must-defend-entities-chosen-by-insured.html and at https://youtu.be/A9cI4isj01Y An insurer, by drafting an open-ended additional insured endorsement that allowed...
Middle market firms recovering well, but challenges loom
In addition to reporting revenue growth, more than half (58%) of middle market firms are adding to their workforce –...
Advice shake-up proposes controversial change
Personal advice would apply more broadly and a “good advice” duty would replace the “best interests” obligation under a proposed...
Let's Have a Laugh at Fox News Criticizing Prince Harry's 'Gas-Guzzling' Electric Audi e-Tron SUV
In case you weren’t aware, Fox News has been pretty vocal about how climate change is a farce created by...
Lines between third-party and traditional re/insurance capital continue to blur
The lines between third-party capital, so that allocated by investors and often structured into insurance-linked securities (ILS), and traditional insurance...
Lloyd’s state-backed cyber mandate spurs "grey area" fears
Read more: WTW explains developments in cyber insurance market “Cyberattack risks involving state actors, however, have additional features that require...
AI and the fight against insurance claim fraud
“One of the biggest challenges for claim handling is having a complete view of your customer and what their claim...
How quote and bind tech platforms are tackling new SME risks
“I probably see the challenges in the quote and bind space mirrored by the challenges that SMEs themselves have been...
Live events boom anticipated, as well as rise of new related risks
According to AGCS, the risk landscape of live entertainment is facing new challenges post-pandemic. The insurer has identified three main...
