Broker Analysis – Page 12
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News Analysis
Specialisation spells survival for SME brokers in evolving landscape
SME brokers will continue to play a ’significant role’ in the insurance market while maintaining their independence, says head of M&A
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News Analysis
It’s deadline day for the new Consumer Duty – but is the industry ready?
Preparing for the new regulation has been a ‘huge piece of work’, says chief executive
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News Analysis
Consumer Duty’s regulatory burden particularly unwelcome for SME brokers
According to Jackson Lee Underwriting’s head of leisure insurance Graeme Hamilton “some people forget about the small brokers out there”.
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News Analysis
The ways AI can help brokers become more ‘effective and efficient’
’There are things that can be automated using AI that will make a big difference,’ says chief revenue officer
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IT Interview
Steve White: Biba’s longest-standing chief executive says farewell
White explains it was ‘absolutely not a coronation’ when he was first promoted from head of compliance and training
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News Analysis
Opinion: Will the real bold thinkers please stand up?
Acting editor Yiannis Kotoulas discusses how the insurance sector can better support bold thinking and contribute some ideas itself
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News Analysis
Briefing: FCA surprised at high commission levels for multi-occupancy buildings insurance
It seems the ship has well and truly sailed on the sector effectively self-regulating on this issue
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News Analysis
Briefing: Cyber insurance is an opportunity – but industry needs mindset to seize it
Cyber uptake may be low, but is there more to the issue than business apathy to the risks?
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News Analysis
Which broker schemes were most profitable in 2023?
Insurance Times delves into the data with schemes software provider SchemeServe to pick out the key trends and best performing lines
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News Analysis
Briefing: French riots provide further evidence of the potential systemic risks of civil unrest
Violence has followed a pattern by swiftly propagating across the country and causing headaches for specialist insurers
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News Analysis
Tech Talk: Insurance apps – industry gamechanger or ‘necessary evil’?
Insurance apps are used in the industry to better understand policyholders and bridge a communication gap, but while downloads have increased the spectre of low engagement persists
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News Analysis
Briefing: Current climate models cutting no ice with actuaries
Models predicting the impacts of climate change could have limited utility for financial services firms in their current form, according to a recent report
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IT Interview
Florence Dennis: Putting the insurance industry ‘on the radar’ to ‘attract new talent’
’We’ve sort of woken up as an industry and realised how fantastic we are’, says broker’s lead client advisor and chair of the East Midlands Biba committee
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News Analysis
The Big Question July/August 2023: What will the future state of play look like between insurance and AI?
Seven industry leaders discuss the current status quo, alongside an array of upcoming opportunities
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News Analysis
If a solar flare storm struck earth tomorrow, is the insurance industry ready?
’Without proper modelling of such complex interconnected risks, the impacts are largely unknown,’ says senior meteorologist
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News Analysis
Briefing: Why brokers are ‘scratching their heads’ as Consumer Duty deadline looms
The principle for financial firms to deliver good outcomes for customers sounds pretty innocuous, but is proving fair value as simple as what it seems?
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News Analysis
Briefing: D&O pricing may come down to a question of commitment
While pricing in this line is falling for customers, it is consistency they truly crave
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News Analysis
Ongoing macroeconomic challenges prompt insurtechs to demonstrate their value
As profit margins continue to be squeezed in today’s difficult economic climate, the insurtech sector must ensure they are adding value through the propositions they are putting forward
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News Analysis
Briefing: Regulation pulling the sector this way and that
Are the two largest pieces of regulation for the insurance industry today pulling in opposite directions?
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News Analysis
Insurance industry ‘behind where it really wants to be’ over DEI adoption
’It’s a question of the industry learning how to do it – that’s where the pause factor is,’ says chief people officer