News & Insights2021-02-28T18:20:30+00:00

NEWS & INSIGHTS

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Don’t Panic! Meeting The Residential Robbery Risk

Anyone considering the output of Britain's terrestrial television networks over the last few decades will have noticed several programmes appearing to prop up the schedules. The evening soap operas have, of course, been regarded as regular fixtures for many years. However, it might surprise some younger members of the household audience that from the early 1980s onwards, crime was a staple ingredient of Thursday evening's viewing. At its peak, 'Crimewatch' not only held down a prime slot but attracted an audience of up to 14 million people each week. Despite featuring many brutal offences and helping to apprehend some of

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North West Top Billing For Broadway In High Net Worth Ranking

One of the country's newest and most dynamic names in insurance broking has claimed top billing among the North West's risk management advisors to high net worth clients. Broadway Insurance Brokers is one of only twenty five brokers from across the UK and one of just two from the region to be named in the latest edition of the Spear's 500 rankings In addition, the firm's founder and Chief Executive, Daniel Lloyd-John, was included among the country's 20 "top recommended" insurance industry professionals. He explained that the recognition had capped a successful first year for Broadway. Last month, the firm

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20 Questions With Martin Lilley

Director of Corporate Clients at Broadway Insurance Brokers How do you like to start the day? Despite not being a morning person, I like to get up early, well, relatively...and go to the gym followed by a lovely strong Nespresso coffee. ‘Own the morning, elevate your day’ as Brian Sharma once said; the feeling of control flows through the whole day, no matter how tough it gets! Where did you grow up? I grew up in Chorley where my mum and family still live. My dad was a well-known coal man and had his own business; I didn’t follow in

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A Corporate Client Guide to Broker Selection

Emerging risks. Rising premiums. Reducing insurer capacity. Limited Business Interruption (BI) contract terms due to Coronavirus. Many UK companies are facing an altogether more challenging insurance marketplace as they prepare for their next renewal. Furthermore, the UK broking market remains in a constant state of change and evolution. Independent insurance brokers continue to be targets for acquisition by Private Equity interests and large brokers. Year on year, continued consolidation has led to a reduction in the number of specialist brokers in the market, leading to established brokers becoming more focused on internal reorganisation as they seek to harvest cost reduction

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Great Expectations

Young future leaders are no longer content with the beaten path. Instead of making their way up the traditional corporate leadership path like their predecessors, the absolute best are seeking opportunities to prove themselves right from the outset. To meet these shifting demands, the most agile organisations are re-examining their existing business structures. Tomorrow’s leaders have arrived. In truth, they entered the workplace sometime ago and did so armed with a quite different set of skills, behaviours and expectations. In recent years, the insurance industry has welcomed the arrival of new technologies, big data and artificial intelligence (AI). Valuable tools

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Expect The Unexpected But Don’t Kill The Goose That Lays The Golden Egg

When contributing to devising a risk management plan some years ago for a FTSE 100 company, I read many Corporate Governance articles encouraging me to do the expected.  Categorise the key risks to the strategic plan and the budget so as to be sure to identify those relating to financial, operational, infrastructure, people, IT and legal and regulatory matters and give each a score by assessing their likelihood and their impact.  Then came the most difficult part.  How best to mitigate each risk? At this stage I stopped reading the articles and used a simple acronym -TRAP or Terminate, Reduce,

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Sharing In The Value Of BIBA

For established insurance colleagues and professionals, BIBA, the British Insurance Brokers Association, is one of the most recognised and highly respected brands in the industry. For over forty years, BIBA has been representing the interests of insurance brokers, intermediaries and their customers by campaigning on all aspects of insurance to ensure the industry is united and working for all involved. Today, it is the UK’s leading insurance intermediary organisation, representing the interests of insurance brokers, intermediaries and their customers. Its purpose is to act as the voice for industry-advising members, the government, the regulator, consumer bodies and other stakeholders about

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