The Federation of European Risk Management Associations has this week published its position paper on the revision of the EU Public Procurement Directives, in response to the European Commission’s public consultation, which proposes a series of policy options designed to introduce greater flexibility for public sector companies when purchasing insurance.

The winners of the 2025 National Insurance Awards were announced last night at a gala dinner and awards ceremony at the London Marriott Hotel, Grosvenor Square. Hosted by the brilliant Marcus Brigstocke, the fastest growing awards in the insurance industry highlight the very best in general insurance provision and management.

Specialty MGA UK has entered the political risk market. Amir Hussain will lead the new division as head of political and credit risk. Hussain has worked as a credit analyst at Barclays, as well as underwriting for Lloyd’s syndicates including Brit and Hamilton. He specialises in political risk, contract frustration and credit risk.

Each £1 invested in natural flood management schemes is expected to deliver £10 of benefits over 30 years. According to the Environment Agency, natural flood management is effective at reducing the overall damage from flood risk, and now fresh analysis from RSA Insurance and The Wildlife Trust uncovers wider benefits including improved biodiversity and enhanced carbon storage.

HDI Global has launched a new service designed to help businesses assess and mitigate climate-related risks. Its new Climate Consulting offering is designed to help firms analyse location-specific exposure to chronic and acute physical climate risks, and to develop targeted measures to mitigate them.

The majority of ransomware claims submitted in 2024 began with threat actors compromising perimeter security, such as virtual private networks or firewalls. Remote desktop products were second-most (18%) exploited for ransomware attacks, according to insurer Coalition’s Cyber Threat Index 2025, published this week.