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News
The insurance policy quietly sitting behind one of the UK's biggest growth stories
4+ day, 23+ hour ago (523+ words) Ask most people to name a type of business insurance and they'll reach for property, liability or cyber. Trade credit cover, the policy that protects against customers failing to pay, rarely attracts the same attention. Yet the Association of British…...
ABI backs Chancellor's 25% regulation cut pledge
6+ day, 4+ hour ago (242+ words) Chancellor John Healey delivered his first major speech since taking over the Treasury in July, using an address at the Manufacturing Technology Centre in Coventry to set out a growth agenda ahead of the October Budget. He pledged to "draw…...
Cash settlement pricing is the problem, not cash settlements
6+ day, 15+ hour ago (487+ words) Meyer's account of what happens on the ground complicates the assumption that the volume figure is itself the problem. "We certainly haven't had any problematic outcomes from cash settlements," she said. Meyer said a proportion of her clients arrive at…...
Tax hikes coming, say new reports - what it means for insurance professionals
1+ week, 4+ day ago (872+ words) Andy Burnham used his first Prime Minister's Questions on Tuesday to refuse, twice, to rule out raising taxes or borrowing more at next month's Budget. It came on the same day UK government borrowing costs hit their highest level since…...
Employee benefits navigation gap is costing employers millions
1+ week, 5+ day ago (848+ words) US employers are spending up to $20,000 per employee each year on health plans but investing less than $10 per employee communicating those benefits. John Tournet, senior vice president of benefits consulting at Arthur J. Gallagher & Co. in Chicago, says that imbalance is…...
FCA misconduct rules take effect today
1+ week, 6+ day ago (596+ words) Insurance Business FCA misconduct rules take effect today Jacqueline Girow says firms will struggle in September if they can't say how a complaint gets handled The Financial Conduct Authority's new non-financial misconduct rules came into force on September 1, 2026, extending the…...
The terrorism exclusion clause brokers rarely explain just became relevant twice
2+ week, 4+ day ago (860+ words) Insurance Business The terrorism exclusion clause brokers rarely explain just became relevant twice Australia had three terrorism declarations in 23 years. Two came in the same financial year. Neither generated a claim - meaning most commercial property clients still do not know…...
A robot just beat Usain Bolt's record. Insurers - watch the warehouse events, not the sprint
2+ week, 5+ day ago (379+ words) "The major trend will be a shift from pricing, evaluating, and managing risk around human operators to system-centric operators or system-centric liabilities," says Chris Raimondo, insurance consulting leader for the Americas at EY. That's the shift the sprinting robots obscure....
US-Canada tariff war escalates as Ottawa hits back with $20 billion tariffs
2+ week, 5+ day ago (469+ words) Canada has announced retaliatory tariffs on $20 billion worth of US imports, adding another layer of cost and supply-chain uncertainty for businesses operating across the US-Canada border and potentially widening the risk conversation for commercial insurance brokers. The measures, announced Tuesday…...
European heat mortality exposes a gap in life insurance pricing
2+ week, 5+ day ago (386+ words) The mechanism runs through the age profile of those most affected. Extreme heat exacerbates underlying conditions, including cardiovascular disease and dehydration, concentrated in elderly populations. That drives both mortality claims on life policies and higher demand for private medical services....