Broker Analysis – Page 17
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IT Interview
William Cooper: Stanhope Cooper seeks investment to get greater ‘buy-in from insurers’
Managing director believes that private equity funding or investment from a larger broker is ‘inevitable’ and will help facilitate growth across three business segments
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Analysis
Briefing: Insurtech’s ‘stick or pivot’ culture could return for a post-pandemic sequel
Insurtechs have always been agile, but how many more will pivot their operations due to the changing economic environment and consumer demand?
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Analysis
TechTalk: Investor confidence dips as insurtech sector hit by cost of living crisis
The insurtech sector has not escaped the ramifications of the cost of living crisis - staff lay-offs and adapted business models signal that the market must change with the times
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Analysis
Which firms are leading the way on customer experience?
Insurance DataLab takes a deep dive into the customer experience provided by personal lines insurers and brokers – which organisations have excelled across the analysis’ four service metrics?
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Analysis
Mike Bruce: ‘We were in a great position before, but we’re in a better position now’
GRP’s recent purchase by American broker Brown and Brown will open the door for fresh M&A targets that the broker has not ’historically been able to make the maths work on in the past’
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IT Interview
Aventum flaunts independent status to attract talent amid consolidation landscape
Wholesale broker and parent firm attribute ‘phenomenal growth’ to attracting the right talent and building ‘a really good culture’ based on steering clear of consolidation
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IT Interview
Aventum Group embraces trading London market-based risks via digital platforms
Although face-to-face conversations are crucial in the London market, SME and some simpler risks can be traded through digital platforms ‘to make it easier for agents to access’
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Analysis
Insurers must be alert to the threat of physical damage from cyber attacks
Recent cyber attacks on a number of Iranian steel plants evidence the dangers these events can pose to physical infrastructure - this should serve as a warning to insurers
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Analysis
Insurers must tackle ‘computer says no’ approach as risks become ‘less standard’
Some brokers are now providing incomplete or inaccurate information to place risks quickly and at a ‘reasonable price’, says director
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Analysis
Briefing: Brokers must help Rolex and Patek Philippe owners watch for HNW underinsurance
Some luxury watches have more than tripled in price – even for second-hand watches – meaning that brokers have to be on the ball if they are to help prevent underinsurance for HNW customers
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Analysis
Briefing: Goldman Sachs’ Midas touch turns to The Clear Group
The intermediary’s ownership of a broker network creates a potential acquisition pipeline that appeals to the investment bank
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Analysis
Digitalising brokers’ back office supports business model revamp
Insurance Times’ research pinpoints that back office tech is more of a focus for brokers than digital customer journeys – but some industry voices are sceptical as to the motivations behind this type of digitalisation…
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Analysis
Interest rate rises fail to deter lenders from broking investments
Despite being viewed as ‘neither very hot nor very unpopular’ by private equity firms, the broking community is still ‘the darling of the financial services sector’ when it comes to M&A, say experts
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Analysis
The Big Question July/August 2022: How can insurers better support brokers with compliance?
Insurance Times asks industry leaders how insurers can better support brokers amid the FCA’s influx of new regulation
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Analysis
In Focus: How are insurtechs matchmaking brokers and capacity providers?
‘Granular’ and ‘relevant’ data can create ‘much more qualitative conversation’ between all parties, say experts
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IT Interview
Amy Barnes: Successful ESG agendas need ‘bold commitments’
Head of sustainability and climate change strategy believes ’good ESG leads to fewer insured losses’
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IT Interview
John Warburton: Why Konsileo aims to be the ‘RoboCop’ of commercial broking
The chief executive tells Insurance Times how focusing on employee engagement and supporting staff with technology is ’our whole shtick’
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Analysis
Briefing: What makes a good broking firm?
High productivity and a slow and steady approach to improving performance are the two cornerstones of broking success
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IT Interview
Daniel Lloyd-John: Putting broking ‘on the map’ as Biba’s regional committee chairman
The broker chief executive tells Insurance Times his overarching plans for his new Biba role, including developing peer-to-peer learning
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Analysis
Travel insurers weather the Covid storm
Amid changing consumer habits and rampant premium upticks, what is really happening in the travel insurance market right now? Insurance Times finds out…