Here’s a selection of some of the most read recent articles on Fast Fast Forward, AXA XL’s online platform for commentary, news and tools on risk. But don’t stop here, there’s more good reading on the site!
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Plenty more fish in the sea? How the insurance industry can help put an end to illegal fishing
Illegal, unreported and unregulated (IUU) fishing is a major global problem that results in financial losses running into billions, causes huge damage to natural habitats and threatens the sustainability of ocean fish stocks and biodiversity. Chip Cunliffe, Biodiversity Director at AXA XL, discusses the role the insurance industry can play in cracking down on this harmful practice.
| Social media and reputational risk for food and beverage companies; manage, mitigate and thrive Social media is playing an increasingly important part of our everyday lives. For food and beverage companies this represents a huge opportunity, but it does not come without risks. Alastair Baker, Industry Practices Leader at AXA XL, discusses how food and beverage companies must seek to manage the reputational risks involved with social media, and the role that insurance coverage can play. The average adult Brit spends more than three-and-a-half hours online every day, with about half of that spent on social media platforms. |
Sharing the cyber risk; how structured risk solutions can help captive owners retain more
Challenging conditions in the traditional insurance marketplace, notably for cyber coverages, have prompted many buyers to seek to increase the amount of risk they retain with their captives. Jiten Halai, Head of Structured Risk Solutions UK & Lloyd’s at AXA XL, explains how a structured solution can help buyers of cyber coverage to take higher retentions and manage risk volatility within their captives.
The past few months have been challenging for many buyers seeking to find coverage for their cyber risks.
