Global Insurance Market and Change
Page 499
Index
Page 499
- Note: Page numbers in italics indicate figures, bold indicate tables in the text, and references following “n” refer footnotes.
- AAWA see Advanced Autonomous Waterborne Applications
- ABI see Association of British Insurers
- ACCC see Australian Competition and Consumer Commission
- Accenture ,
- Access to Insurance Initiative (A2ii)
- Accident Compensation Act 2001
- Accord Project
- accountability of entities
- accountants and auditors –
- account information service providers (AISPs)
- ACCR see Australasian Centre for Corporate Responsibility
- activity-based pricing, Cover Genius –
- adaptation cases –
- ADAS –
- administrative/planning cases –
- Advanced Autonomous Waterborne Applications (AAWA)
- advanced text analytics, fraud detection
- advertising, embedded insurance –
- African Risk Capacity (ARC) Group –, –,
- after the event (ATE) ; COVID-19
- AGCS see Allianz Global Corporate & Specialty
- aggregate loss index insurance –
- Agostinho v Portugal –
- AI see artificial intelligence
- air risk/first party
- air risk/third party
- algorithmic discrimination, fintech –
- All-England Lawn Tennis and Croquet Club Ltd (AELTC) –
- Allianz Global Corporate & Specialty (AGCS) , ,
- Allianz SE , , ,
- Aloha Petroleum Ltd.
- American Bureau of Shipping (ABS) –
- American Institute of Certified Public Accountants (AICPA)
- Anns v Merton London Borough Council –
- anomaly detection, fraud detection
- anti-money laundering (AML) ,
- Ant Insurance
- anti-trust considerations –
- anti-virus/anti-malware (and end-point monitoring) –
- Apple
- applicable law
- application/asset tiering system
- application programming interfaces (APIs) , , , ,
- appropriate licensing, embedded insurance –
- APRA see Australian Prudential Regulation Authority
- Arctic Circle
- Arner, D. W.
- Arnold v Britton
- artificial intelligence (AI) –, –;
- analytics and data protection/privacy ;
- balancing advantages and addressing risks –;
- big data and , –;
- embedded insurance –;
- insurers –;
- personhood , ;
- powered analytics –;
- powered analytics of big data –
- ASIC see Australian Securities and Investment Commission
- asset registers
- assets under management (AUM) , –
- assisted driving
- Association of British Insurers (ABI) , ,
- augmented and virtual reality technologies
- AUM see assets under management
- Australasian Centre for Corporate Responsibility (ACCR)
- Australia: anti-money laundering and counter-terrorism financing (AML/CTF) ;
- bushfires due to drone crashes in ;
- business interruption insurance –;
- Consumer Data Right (CDR) –;
- crowdfunding ;
- cryptocurrency exchanges ;
- enhanced regulatory sandbox (ERS) ;
- financial technology (fintech) in –;
- Innovation Hub ;
- liability, risk and insurance for AVs –;
- mandatory comprehensive credit reporting ;
- misconduct regulations ;
- Select Senate Committee –
- Australian Competition and Consumer Commission (ACCC) ,
- Australian Cyber Security Centre (ACSC)
- Australian Environment Protection and Biodiversity Conservation Act
- Australian Government's Australian Signals Directorate (ASD)
- Australian Privacy Principles (APPs)
- Australian Prudential Regulation Authority (APRA) ,
- Australian Reinsurance Pool Corporation (ARPC)
- Australian Securities and Investments Commission (ASIC) , , , ;
- Regulations
- Australian Senate Inquiry Committee ,
- Australian Traffic Safety Bureau (ATSB)
- Australian Transaction Reports and Analysis Centre (AUSTRAC)
- Authorised Self-Driving Entity (ASDE) –, –
- authorising self-driving
- Automated and Electric Vehicles Act 2018 (UK) , , , , , ;
- Automated & Electric Vehicles Act 2018 (AEVA)
- automated decision-making –, –
- automated driving
- automated driving system (ADS) ,
- Automated & Electric Vehicles Act 2018 (AEVA)
- automated lane-keeping systems (ALKS)
- Automated Vehicle Safety Law (AVSL)
- automatic identification system (AIS)
- Autonomous Driving Act 2021 (Germany) –,
- autonomous ships –;
- choice of law for product liability –;
- classification societies –;
- liability insurance for ships and shipowners –;
- limitation of liability and networking of its effects –;
- maritime cyber risks –
- autonomous transportation –
- autonomous vehicles (AVs) , –;
- insurance industry dynamics –;
- liability, risk and insurance –;
- non-autonomous vs. ;
- product liability –;
- regulation –
- Autorité de Contrôle Prudentiel et de Résolution (ACPR)
- availability, SOC2
- Aviva plc , , , , ,
- AVs see autonomous vehicles
- AXA Group ,
- AXA XL
- Baker, T.
- Bank for International Settlements (BIS)
- Bank of England (BoE) , –, , ,
- Bank of France
- Barger, B.
- Barker, S. ,
- Barton, G.
- basis risk –,
- Baxter, D.
- BCP framework (business continuity plan)
- bespoke drone insurance –;
- conditions ;
- covers and extensions ;
- first-party insurance –;
- general exclusions ;
- third-party liability –
- bias, embedded insurance –
- big data , , –, , ;
- AI analytics and data protection/privacy ;
- AI-powered analytics and –;
- AI used by insurers –;
- analytics ;
- artificial intelligence (AI) and ;
- defined , ;
- insurers –
- Big Tech ,
- BII see business interruption insurance
- Binance ,
- biodiversity , –,
- BIS see Bank for International Settlements
- Bitcoin , –, –, ,
- Black Swan Re –
- Blockchain –, , , , –;
- technology 99 distributed ledger technology
- Blue Origin
- board engagement –
- BoE see Bank of England
- Boucher v Lawson , ,
- Brady, M.
- Brand, S.
- Braun, M.
- breach of contract –
- Bribery Act 2010
- Brushfield v Arachas
- Buckley, R. P.
- Building Information Modeling (BIM)
- business interruption insurance (BII) , , , –;
- Australia –;
- common law jurisdictions –;
- coverage –;
- duration and indemnity –;
- exclusions ;
- financial technology (fintech) ;
- future pandemics and catastrophes –;
- impact of COVID-19 –;
- Lloyd's proposals –;
- private pandemic risk insurance –;
- purpose –;
- United Kingdom –;
- United States –;
- US Pandemic Risk Insurance Act –
- Business Interruption Insurance Coverage Act of 2020
- business interruption losses
- Business Interruption Relief Act of 2020
- buy-now-pay-later (BNPL) –
- BYOD (bring your own device)
- Caisse Centrale de Réassurance
- Cambridge Centre for Alternative Finance (CCAF)
- Cambridge Programme for Sustainability Leadership (CISL)
- Caparo Industries Plc v Dickman
- Capital One Finance Corp.
- captives ,
- carbon capture and storage (CCS) , , ,
- carbon dioxide (CO2) –, , , ,
- Carbon Disclosure Project (CDP)
- Caribbean Catastrophe Risk Insurance Facility (CCRIF) –
- Carney, M. , , , , , ,
- Carpenter, G.
- Carter v Boehm ,
- case studies: commercial insurance –;
- Cover Genius –;
- Moonrock Drone Insurance –;
- Nat Cat protection gap –;
- parametric products –;
- solar development in a remote area of Texas ;
- wind-at-location –
- catastrophe bonds –
- catastrophe swap –
- CBES see Climate Biennial Exploratory Scenario
- CCS see carbon capture and storage
- CCWG see Climate Change Working Group
- CDSB see Climate Disclosure Standards Board
- Center for Insurance Policy and Research
- central bank digital currency (CBDC)
- Centre for Connected and Autonomous Vehicles
- Centre for Policy Development (CPD)
- Certain Policyholders -and- China Taiping Insurance (UK) Co Ltd
- CGL policy , ,
- Chamberlain, T. ,
- Chancery Lane Project
- change management ,
- Chartered Institute of Loss Adjusters (CILA), UK
- Charter of Fundamental Rights (Charter), Europe –
- Chen, B. X.
- Chevron
- Children's Investment Fund Foundation (CIFF)
- China , , , , , , ,
- commercial
- Christensen, D. ,
- Civil Aviation Authority (CAA)
- Civil Aviation Ordinance
- Civil Aviation Safety Authority (CASA)
- civil liability
- “Claims made sections of cover”
- classification societies –
- Clean Air Act
- clean energy , ,
- ClientEarth , , , , , , –
- Climate Action Tracker ,
- Climate Biennial Exploratory Scenario (CBES) , , –
- climate change –, –;
- damages-based claims for contribution to –;
- effects of ;
- exclusion ;
- financed emissions ;
- and financial markets –;
- global regulatory response to –;
- and Global Shield –;
- history of insurance industry leadership and –;
- and human rights –;
- insurance-associated emissions ;
- insurance impacts –;
- international response to –;
- liability risks –;
- national regulatory developments –;
- national risk pools for natural catastrophe risk –;
- new partnerships for disaster resilience –;
- opportunities for the insurance sector –;
- physical risk –;
- post-COVID progress on financial regulation –;
- potential impacts on insurers –;
- problem of –;
- risks , , , , –, , , , , , ;
- transition risk –;
- voluntary commitments to net zero –
- Climate Change 2022: Impacts, Adaptation and Vulnerability ,
- Climate Change Working Group (CCWG) ,
- Climate Disclosure Standards Board (CDSB)
- climate litigation: defined , ;
- drivers of , –;
- funding for ;
- history of ;
- risks , , ;
- types of –
- climate-ready insurance
- Climate Risk Adaptation and Insurance in the Caribbean Project (CRAIC)
- climate risks , , , , –, , , , , ;
- management , , –, , , , ,
- ClimateWise ,
- cloud computing ; edge computing
- CO2 see carbon dioxide
- CO2ZERO –
- Coalition
- COBIT (Control Objectives for Information and Related Technologies)
- Coinbase , ,
- cold wallets
- collision data –
- Comite Maritime International (CMI)
- Commercial, M.
- commercial general liability policy see CGL policy
- commercial motor fleet insurance –
- commercial property insurance
- common law jurisdictions –
- Commonwealth Climate and Law Initiative (CCLI)
- communications/call centre
- communication strategy
- Companies Act 2006 (CA 2006) –
- compensation for services, embedded insurance and –
- Competition and Consumer Act 2010
- competition law –
- complexity and emerging risks –
- composite policies
- Compulsory Third Party (CTP)
- compulsory third-party liability insurance –;
- general –;
- implementation options –
- Conference of the Parties (COP) –,
- confidentiality, SOC2
- connected, cooperative, and automated mobility (CCAM)
- Connected and Automated Vehicles (CAVs)
- Conservation Law Foundation (CLF)
- consumer concerns –
- Consumer Data Right (CDR), Australia –
- consumer insurance, disclosure questions
- Consumer Insurance (Disclosure and Representations) Act 2012
- Consumer Protection Act 1987 (CPA)
- contingency planning
- contract law ,
- COP27
- Copenhagen Accord
- COPs see Conference of the Parties
- Corbin & King Ltd v AXA
- Cornell, N. ,
- corporate budgets
- corporate espionage
- Corporate Sector Purchase Programme (CSPP) –
- Corporate Sustainability Reporting Directive (CSRD) ,
- coverage gap ,
- coverage in BII –
- Cover Genius , –;
- activity-based pricing –;
- background –;
- during COVID-19 –;
- distribution model ;
- Luxury Escapes –;
- purchase experience ;
- tech-led approach to insurance ;
- tiered pricing extracts
- Coverpay
- covers and extensions
- COVID-19 –, –, , –, , , ;
- AI-powered predictive analytics on ;
- business interruption insurance –;
- Cover Genius during –;
- exposing insurance coverage gap ;
- and insurance –;
- legislative changes during and after –;
- losses due to ;
- occurrence ;
- post-COVID progress on financial regulation –
- CRAIC see Climate Risk Adaptation and Insurance in the Caribbean Project
- credit monitoring and ID protection
- Crenshaw, C.
- Criminal Code Act 1995 (Cth)
- criminal liability –
- crop policy
- crowdfunding, Australia
- CrowdJustice
- Cruise
- cryptoassets –;
- custodians ;
- encryption of ;
- insurance cover –;
- losses and risk –;
- non-fungible tokens (NFTs) –;
- regulation –;
- types of –
- cryptocurrencies , –;
- exchanges ,
- crypto-custody risks
- Crypto Winter
- Cullaffroz-Jover, S.
- current insurance claims trends –
- Cuvva
- cyber attacks ;
- financial technology (fintech) –
- Cyber Essentials Readiness toolkit
- cyber incident , , , , –, , ,
- cyber insurance –;
- high-level overview of –;
- market ;
- pay –
- cyber insurers
- cyber liability cover –
- cyber maturity
- cyber regulatory landscape –
- cyber resilience –
- Cyber Resilience Act
- cyber risk and insurance –, –, , –;
- anti-virus/anti-malware (and end-point monitoring) –;
- application/asset tiering system ;
- asset registers ;
- Australian Signals Directorate (ASD) ;
- board engagement –;
- challenges and emerging trends –;
- change management ;
- communication strategy ;
- current insurance claims trends –;
- cyber insurance pay –;
- cyber maturity ;
- cyber regulatory landscape –;
- cyber risk management ;
- cyber security incident/claims landscape –;
- cyber security risk management –;
- delayed investigations and notifications ;
- distributed ledger technology (DLT) –;
- embedded insurance –;
- encryption and backup –;
- ESSENTIAL 8/TOP 35 ;
- establishing cyber resilience –;
- frameworks –;
- future of –;
- goals of cyber security –;
- high-level overview of cyber insurance –;
- incident response planning –;
- incident response resilience –;
- insurance clauses and operation –;
- ISO27001/27002 –;
- landscape and statistics –;
- late notification to insurers ;
- maritime , –;
- MITRE ATT&CK ;
- overview –;
- patch management –;
- payment of –;
- perimeter defence –;
- in practice –;
- proactive incident response ;
- quantitative versus qualitative risk –;
- ransom payments –;
- responses from industry and regulators –;
- risk assessment, UAVs –;
- risk to individuals and businesses from –;
- secure mobile devices –;
- SOC audit (formally SAS70) ;
- supply chain risk management –;
- training and awareness ;
- United States Institute of Standards and Technology (NIST) –;
- uptake and availability of –
- cyber security ;
- data protection and ;
- data protection/privacy and –;
- goals of –;
- incident/claims –;
- risk management –;
- risks
- Dale, K.
- Daniel Billy and others v Australia
- dark web monitoring/threat intelligence
- data capture and analytics
- data mining in fraud detection
- Data Protection Directive
- data protection/privacy ;
- cyber security and , –;
- embedded insurance –;
- origins of –;
- principles –;
- regulation –;
- risk assessment, UAVs
- data recovery
- DCGK see German Corporate Governance Code
- decentralised autonomous organisations (DAOs) –, ,
- decentralised finance (DeFi) ,
- Declaration on Climate Change ; climate change
- degrees of autonomy
- delegated supervision –
- Dellios, J. ,
- Deloitte
- Denial-of-Service (DoS)
- derivatives
- Descartes , , , , , –, , , ,
- design, drafting and marketing, PI
- Det Norske Veritas (DNV)
- digital age: insurance in –;
- technology in –;
- transforming risk management –
- digital assets –
- Digital first
- digital forensics costs
- digital identity , ,
- digital-intelligence-led
- digital native banks, Australia
- digital technology
- digital transformation
- digital twinning
- digitisation , , , , , ,
- Dilmegani, C.
- Dime Fitness, LLC v Markel Ins Co
- directors’ and officers’ claims –
- disaster recovery plans (DRP)
- disaster resilience –
- disease clauses as secondary triggers
- Disparte, D. –
- dispute resolution in DLT –
- disruptors
- distributed ledger technology (DLT) –, , , , –;
- catastrophe bonds and –;
- catastrophe swap and –;
- challenges of –;
- characteristics of ;
- cyber risks –;
- described –;
- dispute resolution –;
- emerging markets –;
- flight insurance ;
- future of ;
- insurance potential uses and advantages –, –;
- ledger transparency –;
- legal implications and areas of development –;
- legal risks and issues with –;
- public vs. private blockchains –;
- smart contract ;
- standardisation –;
- weather risks –
- DLT see distributed ledger technology
- Donoghue v Stevenson
- Dorset Yacht Co v Home Office
- Dorsey, J.
- Driver and Vehicle Standards Agency (DVSA)
- drones see unmanned aerial vehicles
- Duarte Agostinho and Others v Portugal and 32 Other States
- Dupras, C.
- duration and indemnity, BII –
- duty of disclosure: impact of AI-driven big data analytics on ;
- insured –;
- reform of –
- Duty of Vigilance law
- dynamic driving task (DDT) ,
- Earon, E. –
- Ebers, M.
- ECHR see European Convention on Human Rights
- Economic Crime and Corporate Transparency Bill 2022
- economic headwinds –
- edge computing ; cloud computing
- E-discovery/data cataloguing
- education, parametric insurance
- Edwards, H. S.
- Ehsani, J. P.
- EIOPA see European Insurance and Occupational Pensions Authority
- Electronic Chart Display and Information System (ECDIS)
- electronic chart displays (ECDIS)
- electronic health records (EHRs) –
- embedded fintech in Australia
- embedded insurance , , –;
- advertising –;
- appropriate licensing –;
- bias and artificial intelligence –;
- characteristics –;
- data protection and cyber risks –;
- described –;
- extensive enforcement actions ;
- first generation of ;
- free choice and anti-trust considerations –;
- growth of –;
- informed decision-making –;
- key challenges, barriers and risks –;
- policy awareness –;
- rebating or inducements ;
- regulation of compensation for services –;
- risk of over-regulation and innovation –;
- tax considerations ;
- technology –
- embedded insurance partners (EIPs)
- embedded mobile technology
- emerging markets, DLT –
- encryption ;
- backup and –
- Energy Charter Treaty (ECT)
- enhanced regulatory sandbox (ERS)
- environmental, social and governance (ESG) –, –, , –, , , , ,
- Enviva
- epigenetics –,
- Ernst & Young , , ,
- Erny, M.
- ESG see environmental, social and governance
- ESSENTIAL 8/TOP 35
- European Banking Institute Working Paper ,
- European Central Bank (ECB)
- European Convention on Human Rights (ECHR) ,
- European Insurance and Occupational Pensions Authority (EIOPA) , , , ,
- European Parliamentary Research Service
- European Securities and Markets Authority (ESMA) –
- European Telecommunications Standards Institute (ETSI)
- European Union , , ;
- 2009 motor insurance directive ;
- Agency for Cybersecurity ;
- General Data Protection Regulation (GDPR) , , ;
- Maritime Unmanned Navigation through Intelligence in Networks (MUNIN) ;
- Payment Services Directive (PSD2) –;
- Safety Agency
- Everest Premier Insurance Co. v Gulf Oil Ltd.
- exclusions, BII
- exposure-based insurance policy
- exposures, in fintech
- extensive enforcement actions
- ExxonMobil Corp. , ,
- Federal Aviation Administration (FAA) ,
- Federal Trade Commission
- fiduciary duties cases –
- financial advisers –
- Financial Conduct Authority (FCA), UK , –,
- Financial Conduct Authority (FCA) v Arch , , , , –, , , ,
- financial crisis
- financial resilience
- Financial Sector Reform (Hayne Royal Commission) Act 2020
- Financial Services Markets Act (FSMA)
- Financial Stability Board (FSB) –, , , –;
- Task Force on Climate-Related Financial Disclosures (TCFD)
- financial technology (fintech) , –;
- algorithmic discrimination –;
- in Australia –;
- automated decision-making –;
- breach of contract –;
- business interruption ;
- cyber-attack/data/crime –;
- directors’ and officers’ claims –;
- exposures ;
- future of –;
- insurance for –;
- intellectual property (IP) infringement/employment disputes ;
- investor claims –;
- liability and insurance –;
- managerial liability –;
- professional liability –;
- regulatory issues –;
- reputational risks ;
- technology failures –;
- types of companies –;
- in the UK –
- Finck, M.
- fintech in Australia –;
- buy-now-pay-later (BNPL) –;
- current landscape –;
- decentralised finance ;
- digital native banks ;
- embedded ;
- middle-and-back-office solutions ;
- open banking –;
- payments –;
- regulatory environment –; Australia
- fintech in UK –;
- Big Tech ;
- current landscape –;
- drivers for growth in ;
- financial crisis ;
- funding –;
- market initiatives –;
- open banking –;
- regulation in –;
- risk and compliance –; United Kingdom
- firewalls –
- first-party cover
- first-party insurance –
- Five-Star Safety Ratings programme
- Fletcher, J.
- flight insurance
- Flock –, , ;
- commercial motor fleet insurance –;
- safety and efficiency –
- Flock Cover
- Flood Re ,
- fly and run
- “Fly Responsibly” advertising campaign
- FONDEN (Natural Disasters Fund) ,
- foreign direct investments (FDI)
- Foss Maritime
- framework cases: adaptation –;
- administrative/planning –;
- anti-regulatory legal challenges ;
- fiduciary duties –;
- government ;
- insurance coverage cases –;
- mitigation –
- fraud detection , , –
- fraud protection –
- free choice, embedded insurance –
- FSB see Financial Stability Board
- FTX –,
- funding, fintech in UK –
- G20 InsuResilience Vision
- G20 Summit ,
- G20 Sustainable Finance Roadmap ,
- General Data Protection Regulation (GDPR) , –, –, , –, –, ,
- general exclusions, UAVs
- Generali –
- General Motors
- genetic discrimination
- genetic information –
- genetic testing –
- Geneva Association
- Gen Z
- German Corporate Governance Code (DCGK) –
- German Federal Financial Supervisory Authority (BaFin)
- Germany: Federal Government –;
- liability, risk and insurance for AVs –
- Gershweir, M. W.
- get cover, pay later scheme
- GFANZ see Glasgow Financial Alliance for Net Zero
- GHGs see greenhouse gases; see greenhouse gases (GHGs)
- gig (or sharing economy) ,
- Gilmour, D.
- GIMAR see Global Insurance Market Report
- Ginsburg, R. B.
- Glasgow Financial Alliance for Net Zero (GFANZ) ,
- Global Financial Innovation Network (GFIN) –
- Global FinTech Regulatory Rapid Assessment Study
- Global Index Insurance Facility (GIIF)
- Global Insurance Market Report (GIMAR)
- Global Monitoring Exercise (GME)
- global navigation satellite system (GNSS) ,
- Global Optimism
- Global Parametric Insurance Market
- Global Risk Modelling Alliance (GRMA)
- Global Shield , –
- GME see Global Monitoring Exercise
- GNSS spoofing
- Goldberg, J.
- government framework cases
- Green Deal plan ,
- green endorsement
- green finance ,
- greenhouse gases (GHGs): emissions , , , , , –, , , ;
- neutrality
- Greenhouse Gas Protocol
- green swan risks
- greenwashing , , , , –, , , ,
- Greggs PLC v Zurich Insurance PLC
- ground risk/first party
- growth of embedded insurance –
- Gründl, H. ,
- guaranteed asset protection (GAP)
- The Guardian
- Guardrisk Insurance Company Limited v Cafe Chameleon CC
- Guterres, A. ,
- halo effect
- Hannover Re
- Hare, J.
- Harrop, C. ,
- HDI Global Specialty SE v Wonkana No. 3 Pty Ltd
- Hedley Byrne & Co Ltd v Heller & Partners Ltd
- Heede, R.
- Heede Carbon Majors
- Hetz, W.
- heuristic scanning
- Hillier, R.
- HM Revenue and Customs (HMRC)
- home and contents cover –
- Hong Kong Civil Aviation Department
- hot wallets
- Huntington Ingalls Industries Inc. et al. v Ace American Insurance Co. et al.
- Hurricane(s): Delta ;
- Harvey , ;
- Lisa ,
- Hutley, N.
- hybrid clauses, secondary triggers
- IACS Resolutions
- IAIS see International Association of Insurance Supervisors
- ICAO UAS Toolkit
- iCloud
- identity access management (IAM)
- IDF see Insurance Development Forum
- IEA see International Energy Agency; see International Energy Agency (IEA)
- IIGCC see Institutional Investors Group on Climate Change
- immersive reality technology
- IMO see International Maritime Organization
- Implementation Guidance
- incident response: management ;
- planning –;
- resilience –
- indemnity-based products –;
- contract certainty –;
- efficiencies and cost savings –;
- hard-to-insure and emerging risks –;
- moral hazard and fraud –;
- solar development in a remote area of Texas
- indemnity insurance see professional indemnity (PI) insurance
- indemnity principle –
- inducements, embedded insurance
- industrialised machine learning
- Industrial Revolution ,
- Inflation Reduction Act (IRA) , ,
- Information Commissioner's Office (ICO), UK
- information disclosure, on-demand insurance –
- Information & Privacy Commissioner for Ontario, Canada
- informed decision-making –
- initial public offering (IPO)
- innovation: impacts on regulations –;
- risk of embedded insurance –
- Innovation Hub, Australia
- Inns By The Sea v California Mutual Insurance Co
- Institutional Investors Group on Climate Change (IIGCC) –,
- insurable interest –
- insurance ;
- advancement in ;
- automation and –;
- autonomous transportation –;
- autonomous vehicles (AVs) –;
- clauses and operation –;
- coverage cases –;
- for cryptoassets –;
- cyber risks and –;
- defined ;
- in digital age –;
- discrimination –;
- embedded , ;
- for financial technology (fintech) –, –;
- fraud in on-demand insurance –;
- market ;
- on-demand , –, ;
- pandemics and –;
- parametric –;
- professional indemnity –;
- see also specific types
- “Insurance 2023—the year ahead”
- Insurance Act 2015
- Insurance Contracts Act 1984
- Insurance Core Principles (ICPs)
- Insurance Council of Australia
- Insurance Development Forum (IDF) –,
- Insurance Information Institute
- Insurance Institute for Highway Safety, US
- Insurance Services Office (ISO)
- Insurance Stress Test
- insured duty of disclosure –
- Insure our Future
- insurers , –; insurance
- insurers’ responses in UAVs –;
- bespoke drone insurance –;
- compulsory third-party liability insurance –;
- general ;
- home and contents cover –;
- mutual insurance –;
- on-demand drone insurance –;
- write-back drone insurance cover –
- InsuResilience Global Partnership (InsuResilience) ,
- InsuResilience Solutions Fund (ISF)
- Insuring the Climate Transition ,
- intellectual property (IP) infringement/employment disputes
- interagency coordination
- Intergovernmental Panel on Climate Change (IPCC) , , , –, , , , –, , , , , , ,
- International Accounting Standards Board (IASB)
- International Association of Classification Societies (IACS)
- International Association of Insurance Supervisors (IAIS) , , –,
- International Civil Aviation Organization (ICAO)
- International Cooperative and Mutual Insurance Federation (ICMIF)
- International Energy Agency (IEA) , ,
- International Maritime Organization (IMO) , , ,
- International Organization of Securities Commissions (IOSCO)
- International Safety Management Code (ISM Code)
- International Standards Organization and SAE International (ISO/SAE)
- International Sustainability Standards Board (ISSB) ,
- International Underwriting Association (IUA) ,
- Internet of Things (IoT) , , ,
- investor claims, fintech –
- IPCC see Intergovernmental Panel on Climate Change
- IPCC AR6 Working Group see 2020 IPCC Sixth Assessment Report (AR6) Summary of Cross-Working Group
- IRA see Inflation Reduction Act
- irreversible feedback loop
- ISO27001/27002 –
- ISSB see International Sustainability Standards Board
- IT security
- jurisdictional law
- Kinley, A.
- Klarna
- Klein, R. W.
- Klinger, E. L. –
- KLM –
- Knight, J.
- Kovas, A.
- KPMG ,
- Krummaker, S.
- Kwon, W. J.
- Kyoto Protocol –,
- late notification to insurers
- ledger transparency, DLT –
- Lee, N. T.
- legal costs
- legal risks, DLT –
- Leiman, T.
- Leopardstown Inn v FBD Insurance Plc
- lex fori
- LexisNexis Risk Solutions
- liability: autonomous transportation –;
- financial technology (fintech) –;
- insurance –, –, ;
- risk and insurance for AVs –
- liability risks ;
- climate –;
- defined ;
- managing , –,
- Lidar (Light Detection and Ranging)
- light touch approach
- Lijo Abraham and Niji Thomas, et al. v Costello, Inc.
- Limitation of Shipowners’ Liability Act
- Lin, X.
- Little Job (ship)
- LLMC 76 ,
- Lloyd’s , –, , , , ,
- Lloyd's Market Association (LMA) , , –,
- Long-Term Climate Strategy
- loss adjusting
- low-carbon economy , , ,
- Loyaltrend Ltd v Creechurch Dedicated Ltd
- Luxury Escapes –
- Ma-Afrika Hotels (Pty) Ltd v Santam Limited
- machine learning see artificial intelligence (AI)
- Maloney, C.
- managerial liability, fintech –
- mandatory comprehensive credit reporting, Australia
- Mandatory Credit Reporting and Other Measures Act 2021
- manipulative marketing see manufactured vulnerability
- manufactured vulnerability
- Marc Rich & Co AG v Bishop Rock Marine Co Ltd (The Nicholas H) ,
- Marine Insurance Act 1906
- maritime autonomous surface ships (MASS) , –, , ,
- Maritime & Coastguard Agency, UK
- maritime cyber risks , –
- Maritime Unmanned Navigation through Intelligence in Networks (MUNIN)
- market initiatives, fintech in UK –
- Marsh McLennan ,
- McCarran-Ferguson Act ,
- McKeon, C. ,
- McKinsey & Company –,
- McQuaid, E. ,
- McVeigh v Retail Employees Superannuation Pty Limited
- MDM
- medical malpractice, risk trends in –
- Merchants Bank of Boston
- Merchant Shipping Act 1854 (UK)
- Merchant Shipping Act 1894 (UK)
- metaverse ,
- micro, small and medium enterprises (MSMEs)
- Microsoft
- middle-and-back-office solutions, fintech in Australia
- Milieudefensie et al. v Royal Dutch Shell
- millennials
- miners
- mining
- misleading marketing for AVs
- MITRE ATT&CK
- Money Laundering, Terrorist Financing and Transfer of Funds Regulations (MLRs) ,
- money transfer
- Moonrock Drone Insurance , –,
- Motor Accident Insurance Act 1994
- motor insurance –, , , , , ,
- The MSC Napoli –
- Mulholland, E. ,
- Mumenthaler, C.
- Munich Group
- Munich Re , ,
- mutual insurance –
- mutuals –
- MyBudget
- NASA: Global Flood Monitoring System
- NatCat –, , ,
- National Association of Insurance Commissioners (NAIC) , , , , ,
- National Cyber Security Centre (NCSC) –
- National Environmental Policy Act (NEPA)
- National Highway Traffic Safety Administration (NHTSA) , , –
- National Injury Insurance Schemes (NIIS)
- nationally determined contributions (NDCs)
- National Transport Commission (NTC)
- natural catastrophe risks –
- natural catastrophes (Nat Cat) ,
- Natural Disaster Insurance Review
- natural disasters , , , ,
- natural language processing (NLP) ,
- NDCs see nationally determined contributions (NDCs)
- negative basis risk
- network analysis, fraud detection
- Network for Greening the Financial System (NGFS) –, ,
- “Net Zero by 2050: A Roadmap for the Global Energy Sector”
- Net-Zero Insurance Alliance
- Never Again Small Business Protection Act
- New Payments Platform (NPP) –
- New World Harbourview Hotel Co Ltd v Ace Insurance Ltd
- New York Department of Financial Services (NYDFS)
- NGFS see Network for Greening the Financial System
- NHTSA see National Highway Traffic Safety Administration
- nodes –
- noise, risk assessment, UAVs –
- non-autonomous, autonomous vehicle vs.
- non-fungible tokens (NFTs) –;
- cryptoassets –;
- disparate or intangible assets ;
- entities dealing with ;
- uncertain future ;
- unclear value
- nongovernmental organisation (NGO) –
- non-insurance entities
- nuisance, risk assessment, UAVs –
- NZAOA see Net Zero Asset Owner Alliance, under United Nations
- NZIA see Net-Zero Insurance Alliance, under United Nations
- OakNorth –
- “occurrence-based” sections of cover
- O’Connor, C.
- OECD (Organisation for Economic Co-operation and Development) , , , , , , –, , , ;
- Privacy Guidelines –
- on-demand drone insurance –
- on-demand insurance , –, , –;
- defined ;
- Flock –;
- information disclosure –;
- insurance fraud –;
- transactional process –
- on-demand software
- O’Neil, C.
- “One Planet Summit”
- “one-size-fits-all” approach
- open banking: fintech in Australia –;
- fintech in UK –
- Open Finance
- open insurance ,
- OpenQuake Platform
- Operational Design Domain (ODD)
- operational efficiency
- operational risks, risk assessment, UAVs –
- Orient-Express Hotels Ltd v Assicurazioni Generali SA
- original equipment manufacturers (OEMs)
- OTA (over-the-air)
- Otto Candies LLC v Nippon Kaiji Kyokai Corporation (Otto Candies)
- over-regulation, risk of embedded insurance –
- Pacific Catastrophic Risk Facility (PCRAFI)
- Paech, P. ,
- Pandemic Re (PRIA programme) , ,
- Pandemic Risk Insurance Act (PRIA) , ,
- pandemics –;
- catastrophes and –;
- defined ;
- insurance and –, –;
- risk cover ;
- risk insurance
- Paperwork
- parametric index insurance
- parametric insurance , , –, –;
- advantages over indemnity-based products –;
- basis risk –, –;
- consumer concerns –;
- design, drafting and marketing ;
- education ;
- indemnity principle –;
- industry growth –;
- insurable interest –;
- overview –;
- problem for regulators –;
- regulation ;
- regulatory and legal challenges –;
- sovereign disaster risk management and –;
- structure of –;
- types of –
- parametric products –
- Paris Agreement –, , , , –, , , , , , –,
- Partnership for Carbon Accounting Financials (PCAF) –,
- patch management –
- PathogenRX , , ,
- “pay-as-you-fly” approach , , –
- “pay-as-you-go” insurance , ,
- payment initiation service providers (PISPs)
- payments, fintech in Australia –
- Payment Services Directive (PSD2) –
- Payment Systems Regulator (PSR)
- PCAF see Partnership for Carbon Accounting Financials
- Peabody Energy Corp
- Peña, A.
- pending freight , , ,
- perceived data protection/privacy –
- perimeter defence –
- Permission for Commercial Operation (PfCO)
- Personal Data Protection Act (PDPA)
- personal injury, risk assessment, UAVs –
- Philippines Catastrophe Insurance Facility (PCIF)
- physical damages –
- physical risks , , –;
- failure to adapt to
- planetary boundaries ,
- policy awareness, embedded insurance –
- positive basis risk
- Posner, R.
- Post-2020 Global Biodiversity Framework
- post‑event assistance
- PPPs see public-private partnerships
- pre-agreed pay-out
- “pre-breach” services
- predictive analytics ;
- fraud detection
- Premier Dale v RSA & Arachas
- prevention of access (PoA) clauses, secondary triggers ,
- PRI see Principles for Responsible Investment
- Principles for Responsible Investment (PRI) ,
- Privacy Act 1988
- private Blockchains –; Blockchain
- private key
- private pandemic risk insurance –
- privileged access management (PAM)
- proactive incident response
- Proceeds of Crime Act (2000)
- processing integrity, SOC2
- product liability: autonomous ships –;
- autonomous vehicles (AVs) –;
- liability, risk and insurance for AVs
- product marketing
- Product Security and Telecommunications Infrastructure Act 2022
- product standards, risk assessment, UAVs –
- professional indemnity (PI) insurance –, , –, –;
- accountants and auditors –;
- building regulatory reform –;
- captives ;
- challenges –;
- complexity and emerging risks –;
- cyber risks ;
- economic headwinds –;
- electronic health records (EHRs) –;
- environmental, social and governance (ESG) –;
- financial advisers –;
- impact of technology –;
- increased regulatory oversight –;
- legislative changes during and after COVID-19 –;
- mutuals –;
- rapidity of change ;
- risk transfer mechanisms ;
- risk transfer structures –;
- risk trends in medical malpractice –;
- risk trends in other professions ;
- robotic surgeries ;
- social inflation –;
- supervision and staffing –;
- technology in claims ;
- technology in underwriting –;
- telemedicine –
- professional liability –
- project-specific insurance
- property damage, risk assessment, UAVs –
- protection against bad actors –
- Protection and Indemnity Associations (P&I Clubs) , , , , ,
- protection gap ,
- Prudential Regulation Authority (PRA)
- PSI see UN Principles for Sustainable Insurance
- Public Act 332 of 2016 (Senate Bill 995)
- public blockchain –
- public key
- public–private partnerships (PPPs) , ,
- public purse
- public relations
- Puerto Rico v Big Oil
- pure parametric policy –
- Pütz, F. ,
- QBE
- qualitative risk vs. quantitative risk –
- quantum technology
- Race to Zero Campaign , –
- Rachael Allen –
- Racketeer Influenced and Corrupt Organizations Act (RICO)
- Ramos, A.
- ransom demands
- ransom payments –
- ransomware , , , , –, –, –
- rapidity of change
- Raskin, M.
- ratchet mechanism
- real economy ,
- real-time notifications, fraud detection
- rebating in embedded insurance
- Recher & Co v North British and Mercantile Insurance Co.
- Reeman v Department of Transport
- regulation: autonomous vehicles (AVs) –;
- cryptoassets –;
- financial technology (fintech) –;
- fintech in Australia –;
- fintech in UK –;
- liability, risk and insurance for AVs –;
- reform –
- Regulation 12A–12M
- Regulation Impact Statement (RIS)
- Regulatory and Supervisory Framework for Insurance Intermediation
- reinsurance , , , ; insurance
- Reinsurance Group of America (RGA) –
- remotely piloted aircraft systems (RPAS) ,
- reputational risks, fintech
- Resnick, P.
- Responsibility of Shipowners Act 1734
- REST
- ReStart
- retroactive exclusions
- Rio Earth Summit
- risk and compliance, fintech in UK –
- risk assessment, UAVs –;
- cyber risks –;
- data protection ;
- general –;
- noise –;
- nuisance –;
- operational risks –;
- personal injury –;
- privacy –;
- product standards –;
- property damage –;
- trespass –
- risk mitigation
- risk pools , , –,
- risks of embedded insurance –
- risk transfer mechanisms
- risk transfer structures –
- Ritterband, S. ,
- Road Accident Fund (RAF) –
- Road Traffic Act (Germany) –,
- Road Traffic Act 1988
- Robert, S.
- Robert Heath Heating ,
- robotic process automation (RPA)
- robotics
- robotic surgeries
- Rockliffe Hall Ltd v Travelers Insurance Co Ltd
- Rome II Regulation
- Roney, E. ,
- Ronin Network
- Röschmann, A. Z. , ,
- Rowell, H.
- RPA see robotic process automation
- Ruel, C.
- Rye Ridge Corp v Cincinnati Ins Co
- Ryskamp, D.
- SAE see Society for Automotive Engineers International
- Safely Ensuring Lives Future Deployment and Research in Vehicle Evolution (SELF DRIVE)
- SARS ,
- Satovich, A.
- SCOR
- Sea Machines Robotics SM300 –
- SEC see US Securities and Exchange Commission
- secure mobile devices –
- security, SOC2
- self-help processes
- Senate Bill S6806A
- Sendai Framework for Disaster Risk Reduction
- Sharma v Minister for the Environment
- Shell
- shore-based operator (SBO) ,
- Siegel, E.
- Siehr, K.
- Simmons, M.
- Singapore Cybersecurity Act
- single insurer
- Sixth Assessment Report , , –, , , , –, , , , , ,
- SK Group
- small and medium-sized enterprises (SMEs) , ,
- smart contracts , , , , ;
- distributed ledger technology (DLT) ;
- technology-enhanced ;
- in underwriting and claims management processes
- Smarter Consumer Communications
- SOC audit (formally SAS70) ;
- SOC2
- social inflation –,
- social insurance
- Society for Automotive Engineers International (SAE) ,
- Society for Worldwide Interbank Financial Telecommunication's (SWIFT)
- software as a service see on-demand software
- South African Civil Aviation Authority (SACAA)
- South African Department of Mineral Resources and Energy (DMRE)
- Sovereign and Humanitarian Solutions (SHS)
- sovereign disaster risk management –
- space: industrialisation ;
- and insurance –;
- tourism –
- The Space Review
- SpaceX
- special-purpose acquisition company (SPAC)
- Splitt Chartering APS v Saga Shipholding Norway AS (The Stema Barge II) –
- standalone cyber insurance –
- standardisation, DLT –
- Steadfast Insurance Co. v AES Corporation –
- Stema UK –
- Stevens Institute of Technology ,
- STL (starters, transfers, leavers)
- Stonegate Pub Company v MS Amlin
- Superstorm Sandy
- supervision and staffing –
- supply chain risk management –
- Supreme Court ,
- Sustainable Finance Committee (SFB)
- Sustainable Finance Working Group
- Swiss Re Institute , , , , , ,
- Swiss Re International v LCA Marrickville , , ,
- take or pay
- targeted/personalised marketing
- Target Setting Protocol
- Task Force on Climate related Financial Disclosures (TCFD) –, –, –, , , , ,
- tax considerations, embedded insurance
- TCFD see Task Force on Climate related Financial Disclosures
- tech-led approach to insurance, Cover Genius
- Technical Annex
- technology: embedded insurance –;
- failures in fintech –;
- PI –;
- in PI claims ;
- in PI underwriting –
- Ted Baker Plc v Axa Insurance UK Plc
- telemedicine –
- Terrorism Risk Insurance Act 2002 (TRIA), US
- Texas Windstorm Insurance Association
- The Financial Sector Conduct Authority (FSCA)
- third-party liability –
- third-party litigation
- 3D internet
- tiered pricing extracts, Cover Genius
- tipping points
- Titanic
- TKC London Ltd v Allianz Insurance Plc , ,
- training and awareness
- transactional process –
- TransferGo
- Transition Plan Taskforce Disclosure Framework –
- transition risks
- Tranter, K.
- travaux préparatoires –
- Treating Customers Fairly (TCF)
- trespass, risk assessment, UAVs –
- tropical ecosystems
- trust architecture
- UAVs see unmanned aerial vehicles
- Uber ,
- UK and Scottish Law Commission
- UK Competition and Markets Authority (CMA)
- UK Department for Transport
- UK General Data Protection Regulation (UK GDPR) –
- UK House of Commons Treasury Select Committee
- unattended machinery space (UMS)
- UN Convention on the Law of the Sea (UNCLOS)
- UNDRR see UN Office for Disaster Risk Reduction
- UN Environment Programme Finance Initiative (UNEP FI) , –, , , , , ,
- UNEP see United Nations Environment Programme (UNEP)
- UNEP FI see UN Environment Programme Finance Initiative
- UNEP FI/PSI
- UNFCCC see UN Framework Convention on Climate Change
- UN Framework Convention on Climate Change (UNFCCC) , –, , , , , –, ,
- UN Human Rights Committee (UNHRC)
- United Kingdom: air travel trust fund (ATTF) ;
- business interruption insurance –;
- Chartered Institute of Loss Adjusters (CILA) ;
- Financial Conduct Authority (FCA) , , –;
- financial technology (fintech) in –;
- Information Commissioner's Office (ICO) ;
- liability, risk and insurance for AVs –;
- Maritime & Coastguard Agency ;
- Motor Insurer's Bureau
- United Nations ;
- Net Zero Asset Owner Alliance (NZAOA) –;
- Net-Zero Insurance Alliance (NZIA) –
- United Nations Development Programme (UNDP)
- United Nations Environment Programme (UNEP) , ,
- United States: bushfires due to drone crashes in ;
- business interruption insurance –;
- consumer drone accidents ;
- drones in ;
- Federal Aviation Administration (FAA) ;
- Institute of Standards and Technology (NIST) –;
- Insurance Institute for Highway Safety ;
- liability, risk and insurance for AVs –;
- Terrorism Risk Insurance Act 2002 (TRIA)
- University Superannuation Scheme (USS)
- unmanned aerial vehicles (UAVs) , –;
- assessment of risks –;
- deployed or operation of ;
- insurers’ responses –;
- operator of ;
- regulator of ;
- regulatory challenges and uncertainty –;
- technological challenges
- unmanned aircraft (UA) ,
- unmanned aircraft systems (UAS) , ,
- UN Office for Disaster Risk Reduction (UNDRR) ,
- UN Principles for Sustainable Insurance (PSI) , , , ,
- unvalued loss of profits
- Urgenda Foundation v State of the Netherlands
- US Department of Health and Human Services
- US Department of Transportation ,
- US National Association of Insurance Commissioners (NAIC) , –
- US National Flood Insurance Program (NFIP) ,
- US Pandemic Risk Insurance Act –
- US Securities and Exchange Commission (SEC) , , , –,
- valued loss of profits
- Various Eateries Trading Ltd v Allianz
- Vehicle Certification Agency (VCA)
- video on demand (VOD)
- Virgin Galactic
- virtual data
- voyage data recorders (VDRs)
- VRF
- Wagner, J.
- Wahi, N.
- Walchek, S.
- Waymo
- weather risks, DLT –
- Web 2.0 era
- Web3 technologies
- Werbach, K. ,
- Weston, H.
- wind-at-location –
- Wirecard scandal
- WMO see World Meteorological Organization (WMO)
- WorkPac Pty Ltd v Rossato
- World Bank , , ,
- World Bank Group
- World Economic Forum , ,
- World Food Program
- World Health Organisation (WHO) , ,
- World Meteorological Organization (WMO)
- World Weather Attribution (WWA)
- World Wildlife Fund (WWF)
- write-back drone insurance cover –
- WTW , –,
- XCover ,
- Xiaoyan Liu
- Xingyun
- Zero-COVID policy
- Zetzsche, D. A.
- Zoox ,
- Zurich Insurance Group ,