In this #IBTalk episode, we chat to Clear director Victoria 'V' Gallimore about the changing conversation around people at work.

From 2021 to 2022, class-action lawsuits based around anti-competitive behavior in the UK have grown six-fold in value, making England an ideal landscape for commencing group litigation. However, such an unprecedented surge brings into question the new and emerging risks that brokers need to be aware of.

As uncertainty simmers and claims show no sign of slowing, we ask two industry experts, how can the associated risks be accurately assessed and underwritten?

Join Donna Hurst and James Graham in this comprehensive episode covering the explosive growth of class-action lawsuits and key developments that brokers need to be informed on.

You will gain essential insights on:

• How to accurately identify and underwrite arising risks

• How to effectively protect your clients from potential harm

• An overview on the current climate, where this rapidly evolving sector is going – and so much more

Don’t miss this essential podcast – hit play and listen today.

Insurance Business brings you a weekly news roundup from across the global insurance industry including:

• Market continues recalibration at mid-year renewals – report

• US property catastrophe reinsurance rates surge

• Global cyber premiums could surpass US$50m by 2030 – Howden

• “Weather losses are closing the gap to earthquake risk” in New Zealand

• China insurance premiums see huge spurt

• How can you break a client's mentality that cheapest is best?

These stories and more on the Insurance Business website.

Liked this episode of IB Talk? Don’t miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts or Spotify.

Gillian Davidson, senior commercial insurance partner with Sparke Helmore Lawyers in Sydney, just got back from London where she observed the insurance industry’s talent shortage and efforts to reverse that. What can Australia learn and what’s her firm doing about it?

Insurance Business brings you a weekly news roundup from across the global insurance industry including:

• Fitch reveals global insurance outlook

• Genworth reveals massive hit from global MOVEit hack

• Prioritizing technology gives carriers an edge – report

• Extreme floods occurring more frequently than federal estimates – report

• 86% of climate disaster losses in APAC uninsured – Aon

These stories and more on the Insurance Business website.

Liked this episode of IB Talk? Don’t miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts or Spotify.

Insurance Business brings you a weekly news roundup from across the global insurance industry including:

• Global protection gaps widening – Swiss Re

• Ransomware attacks – which countries are the top targets?

• Cyber insurance market approaches $14bn

• What underwriters need to consider in a challenging financial climate

• WTW reveals new property rebuild assessment service

• Seven in 10 brokers say underinsurance is an issue for HNW clients

These stories and more on the Insurance Business website.

Liked this episode of IB Talk? Don’t miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts, Spotify or Stitcher.

The current climate of the financial industry has proven to be extremely tumultuous. Rising interest rates, inflation, and more have presented underwriters with many new challenges and a real feeling of uncertainty in their roles.

This essential podcast confronts many of the current challenges underwriters in the financial industry are facing and provides key insights into the struggles sweeping the market in 2023.

The podcast covers:

• Issues facing the banking industry in the US and Europe

• Contrast between US and European banking environments

• Impact of inflation and rising interest rates on other financial institutions (asset managers and insurance companies)

• What underwriters need to consider for financial institutions

• Evolving FI market conditions

While the climate of the financial industry may seem complicated, your strategies for success don’t have to be. Tune into the full podcast today.

Australia’s construction sector faces insolvencies and rising costs with a very tight insurance market. However, Hutch Underwriting has just released a new offering for builders.

CEO Robin Johnson told IB Talk that this coverage includes some cyber protections which he says is an industry first. He also said automating strata and construction insurance processes provides a better broker experience and argued against a government backed public liability scheme.

Insurance Business brings you a weekly news roundup from across the global insurance industry including:

• Swiss Re unveils report on emerging risks

• FM Global reveals 2023 resilience index

• US insurers bearing brunt of inflation

• AIG, Chubb, others face climate risks investigation

• Threat actors back to cyber “big game hunting”

• Wildfire losses will remain manageable for most insurers – analysts

• Acrisure taps music legend Lionel Richie as brand ambassador

These stories and more on the Insurance Business website.

Liked this episode of IB Talk? Don’t miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts, Spotify or Stitcher.

SageSure CEO Terry McLean joins us on IB Talk to discuss what the reinsurance hard market means for retail brokers and their clients. McLean also shares his outlook for this year's US hurricane season.