Insurance

The Allianz Risk Barometer is an annual report identifying the top corporate risks for the year ahead. It’s based on the insight of over 2,700 risk management experts from 94 countries and territories. Here, Allianz look at the top five risks identified by UK participants: 1. Cyber incidents (#1 in 2022) e.g. IT outages, ransomware attacks […]

Informed business owners recognise that, in order to ensure future success, their business protection strategy is critical. It can be the difference between the company surviving or going out of business altogether. Many IGA members are independent limited companies or partnerships and are often family run businesses.  How many people and their families rely on the […]

Cyber insurance is still very much an emerging area for the industry since its first appearance in the 1990s but recent socio-political events are shaping the types of attack being perpetrated and, as a result, companies’ cybersecurity requirements. In this article, Allianz consider some key factors shaping the future of cyber insurance; the most prevalent […]

It’s not been an easy time for business owners over the last few years. As they were grappling to understand new requirements resulting from Brexit, a completely unanticipated challenge arrived in the form of the Covid-19 pandemic. Many businesses proved themselves extremely agile in adapting to ‘new ways of working’ and survived through flexing business […]

Index linking is applied by insurers to ensure that an asset’s insured value is adjusted in line with changes in inflation, deflation and the cost of living. Allianz explain why this could cause your business to be underinsured throughout this current period of high inflation. “You had to have been hiding in a cave for […]

Allianz share why employers need to be aware of the legal ramifications of any workplace decisions they make post-COVID. After two years of strict guidance on what we could and couldn’t do during the pandemic, the government’s latest guidance, Living with Covid-19, is much lighter touch. Offering common sense advice on areas such as vaccines […]

Allianz outlines what constitutes a fraudulent insurance claim exaggeration and the potential impacts. Public perception that it’s acceptable to exaggerate an insurance claim, on the basis that it’s a victimless crime, has shifted in recent years. However, as we recover from the economic downturn it’s evident some policyholders are more inclined to ‘get their money’s […]