Analysis: Balancing risk and opportunity in the metaverse

business client virtual
Getty

Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike.

Over the past year, virtual worlds such as the metaverse have developed in ways we wouldn’t have thought possible decades ago. With the advent of these new technologies, there are questions around how the insurance element plays into emerging risks.

Lee Downs, corporate client director at Verlingue, believes the metaverse represents the evolution of the internet and that entering a virtual world is going to support customer engagement.

In fact, one of his clients, a start-up called VBuzz, has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Biba 2025 Countdown: Iprism Underwriting’s Ian Lloyd

With just days to go until the 2025 British Insurance Brokers’ Association conference, Ian Lloyd, CEO of Iprism Underwriting reveals the MGA will be celebrating two decades in style on its stand, highlights how an onus on ‘comfort’ will mean a ‘generous collar’ on his shirts, and recommends a local Chinese restaurant for those attending the event.

Biba 2025 Countdown: LexisNexis Risk Solutions’ Tony Pinch

Tony Pinch, head of sales, broker and MGA, UK and Ireland at LexisNexis Risk Solutions suggests a New Era of broking will feature more data enrichment; passes down some tips from his 15 years experience attending the event; and recommends delegates might fancy a trip to see a local exhibition called Operation Ouch! Brains, Bogies and You!

Interview: Bob Pybus, CEO of AUB UK Retail

Having been named CEO of AUB UK Retail last September, Bob Pybus reflects on his route to the role, tells Insurance Age about the deals struck so far and shares his plans to grow to a £1bn business.

Biba 2025 Countdown: FullCircl’s Ashleigh Gwilliam

Director of insurance industry growth at FullCircl and a member of the Biba Insurance Technology and Innovation Committee, Ashleigh Gwilliam, on ‘fearlessly defending’ his most conference steps title, the case for business cards and why Oasis’ ‘Supersonic’ perfectly encapsulates the event.

Partners& strikes pair of deals

Partners& has bought Glasgow-based Blackford Group and Directors & Professionals, a commercial broker in Tunbridge Wells, in its first deals of 2025.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: