To coincide with Britain's mental health awareness week, QBE Insurance has developed a customer self-assessment tool to enable companies to assess their mental health and wellbeing strategy and develop an improved, more holistic risk management strategy. Britain observes mental health awareness week from 10 May to 16 May.
SCOR and HealthyHealth Group are partnering to build a digital underwriting process that uses digital health data to provide instant underwriting decisions to customers.
A new Asia Pacific catastrophe advisory group (APACCAG) launched by Guy Carpenter will offer clients direct access to the global risk and reinsurance broker's extensive catastrophe expertise and capabilities, including in-house analytics experts, scientific partners and public-sector specialists.
Almost two-thirds of the companies participating in a survey feel that insider risk management has assumed greater significance than it was prior to the pandemic.
Willis Towers Watson (WTW) has launched Climate Transition Pathways (CTP), an accreditation framework that provides insurance companies and financial institutions with a consistent approach to identify which organisations have robust transition plans aligned to the Paris Agreement. The new framework will also support their role as stewards in the transition to a low-carbon economy.
A new report by Chubb Insurance explores how small and mid-sized businesses are managing their digital transformation - a transition that has accelerated in the wake of COVID-19.
AXA has declared that it will no longer be writing cyber insurance policies in France that reimburse customers for extortion payments made to ransomware criminals, in what is likely an industry first.
Global insurer, Allianz, has announced that as part of its climate strategy, it would further limit property and casualty insurance and investments for companies with carbon-based business activities.
The global takaful and the funds sector is expected to grow this year although its contribution to the industry remains small, S&P Global Ratings says in a report.
Beginning in 2022 the UK general insurance industry will have a new fraud detection system powered by AI to detect and prevent organised insurance fraud.