Commercial Insurance Awards: Open for entries!
The 2019 Commercial Insurance Awards are now open for entries! Now in their sixth year, the Commercial Insurance Awards are the showcase for excellence within commercial insurance. The awards are unique in rewarding the particular issues around the insurance of commercial enterprises, and were created to celebrate the very best in commercial insurance.
Risk Management Awards finalists announced
The shortlist for the 2018 Risk Management Awards has been published. This year's winners will be announced at a black tie gala dinner and ceremony on 8th November at De Vere Grand Connaught Hotel in Covent Garden, London. Now in their ninth year, the Risk Management Awards recognise those individuals, organisations and teams that have significantly added to the understanding and practice of risk management. Judged by an independent panel of experts for exceptional performance, the awards provide an opportunity for organisations and individuals to showcase their best products, projects and people.
Charitable giving growing amongst insurance brokers
New research reveals a growing acknowledgement amongst insurance brokers of the importance of contributing positively to society, with charitable giving the most popular way of achieving this goal. The study, conducted by specialist insurer Ecclesiastical, suggests that, for the first time, UK brokers are making a significant contribution to their communities, responding to a growing consumer demand for a more responsible approach to business.
Sungard AS expands Irish offering
Sungard Availability Services has bolstered its recovery services in Ireland. The expansion sees Sungard AS’ existing workplace recovery capability grow to 80 end-user positions on a shared basis, with additional space available for customers looking for a dedicated solution. Capacity for a further 100 shared positions is also available to meet demand.
Man arrested following Westminster incident
A number of people have been injured following an incident in Westminster this morning in which a car crashed into barriers outside the Houses of Parliament. Armed police arrived quickly and arrested the male driver of the car following the collision which occurred at 0737.
TMK and BIBA launch drone insurance scheme
The British Insurance Brokers’ Association and Tokio Marine Kiln have launched a new drone insurance offering coverage for companies operating commercial UAS. Through the Lloyd's-backed scheme, BIBA members benefit from special terms and coverage for physical loss of or damage to UAS up to a limit of £100,000 per UAS (inclusive of payloads) whilst in the air, on the ground or in transit, including theft and malicious damage (larger limits available on request); and third party bodily injury and property damage liability – inclusive of losses arising from malicious acts up to a limit of £50M each occurrence, with larger limits available on an arranged basis.
FERMA calls for urgent debate over AI ethics
European risk management association FERMA has welcomed the appointment by the European Commission of experts for the High Level Group on Artificial Intelligence (AI HLG) and calls for urgent attention to two priorities for European business.
Auditing standard gets major overhaul
BSI has published the revised international standard for auditing management systems, BS EN ISO 19011:2018. The document provides comprehensive guidance on both internal and external audits, covering a range of topics from the management of an audit programme to the planning and conducting of audits, and the competence of audit teams.