Story of the Day

underinsurance rebuilding roof

News Analysis

Insurers going that little extranet to tackle rising underinsurance

2024-11-20T08:00:00+00:00By

With insurers agreeing on the persistent risk of underinsurance, they discuss the suprising benefits of eTrading in addressing the issue

digital collaboration

News Analysis

Greater software house collaboration could reap benefits for commercial lines eTrading

2024-11-19T08:00:00+00:00By Tim Evershed

Commentators agree that software house cooperation on commercial lines digital trading is only happening in ‘pockets’, yet this teamwork could ‘provide the broking community with the tools they need to deliver an efficient but high level of service to customers’

classic car

News Analysis

How can broker schemes help entice the next generation of hobbyists?

2024-11-18T08:00:00+00:00By Trevor Hemsley

Certain passions, such as classic cars, have an ageing demographic of participants – yet broker schemes can support clubs in futureproofing much-loved hobbies

squeeze

News Analysis

Acquisitive brokers facing M&A supply shortages

2024-11-15T08:00:00+00:00By Trevor Hemsley

As the supply of sizeable UK commercial brokerages is dramatically shrinking, acquisitors are being forced to seek targets overseas, or look at MGAs and wholesale brokers.

race, leading the way

News Analysis

Specialist insurers lead the way as composite firms continue to suffer

2024-11-14T08:00:00+00:00By

Insurance DataLab looks at how commercial, personal and composite insurers have performed

SME, broker, schemes

News Analysis

How can schemes transform brokers into ‘trusted advisors’ for UK SMEs?

2024-11-13T08:00:00+00:00By

Broker schemes have the potential to change insurance for SMEs from being ‘transactional’ to ‘relationship driven’ – however, chief commercial officer feels many market offerings need tech refresh first

art collection

News Analysis

In Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?

2024-11-12T08:00:00+00:00By , and

High net worth clientele often enjoy an array of hobbies that the average man on the street may not be able to afford – but how can individuals ensure they have appropriate cover to protect against pitfalls of a very particular hobby niche?

Georges de Macedo_3

IT Interview

Georges de Macedo: Chief exec promotes five pillar plan to keep Covéa Insurance in the black

2024-11-11T08:00:00+00:00By

Covéa Group sends Frenchman across the Channel to spearhead British business because ‘the situation in the UK required some action’

shocked woman looking at her phone I wonder what she's seen it could be anything

News Analysis

In Focus: A gap in the HNW market for reputational cover?

2024-11-08T11:20:00+00:00By

As the reputational risks for high profile individuals increase, is the HNW insurance sector missing a trick?

car money big question mark

News Analysis

The Big Question November 2024: What does UKGI hope will result from Labour’s motor insurance taskforce?

2024-11-07T08:00:00+00:00By

In October 2024, the newly elected Labour government established a motor insurance taskforce to ’crack down on spiralling costs’ – but what does UKGI anticipate will be the key actions arising from this body and will it have the desired impact on motor premiums?

race to the top, battle, relevancy, MGAs

News Analysis

MGAs take up tech tools in battle for relevancy

2024-11-06T08:00:00+00:00By

‘Without innovation, an MGA offers no differentiation’, says chief executive – but how are these firms tapping into technology to stay ahead of the competition?

SME, barista, unwell, sickness

News Analysis

SME underinsurance is far from a small problem

2024-11-05T08:00:00+00:00By

SMEs and sole traders are a ‘significantly untapped market’, according to chief growth officer – however, the insurance sector must be more proactive when it comes to accident and health covers

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