All articles by Katie Scott – Page 13
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News
Natural catastrophe claims knock Q1 P&C operating profit for Allianz Group
Chief executive states that the insurer’s ‘results demonstrate that our business can withstand significant geopolitical and economic pressures’
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News
Brokers with purpose and consistency will beat ‘mistrust in the establishment’ – Steve White
Broking firms are facing a ‘difficult operating environment’, yet they must strive to ‘breed trust’, says chief executive
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News
Excitement builds ahead of Biba’s annual conference
After a three-year hiatus due to the Covid-19 pandemic, the trade association is back in Manchester with its annual conference, where Insurance Times will reveal its annual eTrading report results
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Analysis
Opinion: Hybrid ‘new normal’ yet to be clarified across UKGI
Editor Katie Scott discusses the appetite around industry in-person gatherings ahead of this year’s Biba conference
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News
Australian insurance firm buys Tysers for £500m
Broker chief executive describes new owner as ‘perfect partner’ to ‘support our growth ambitions’
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Analysis
Briefing: LiPs not ‘disadvantaged’ by OIC process despite industry-wide concerns
Law firm argues that OIC portal process is not a ‘disincentive’ because LiPs are ‘clearly able’ to submit and progress claims
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Analysis
What broker schemes are proved to be most profitable in 2022?
Although one line of business is head and shoulders above the rest in terms of boosting brokers’ schemes-based commission, the Covid-19 pandemic is still having an adverse effect on some schemes’ popularity and uptake
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News
RSA understands its ‘products to the nth degree’ following BI test case
Commercial lines managing director says the insurance sector is now ‘better’ as a result of the FCA’s test case action
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Analysis
Briefing: Can insurance fraud prevention be measured?
Insurance fraud has the potential to be a ‘source of income’ amid rising living costs, so finding ways to measure fraud prevention is an increasing priority for the sector
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News
FCA finalises ‘comply or explain’ diversity rules
Listed firms will need to adhere to the new rules for financial accounting periods from 1 April 2022
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IT Interview
Lee Mooney: RSA’s commercial lines business is ‘nothing without our broker partners’
RSA’s commercial lines managing director explains how the insurer’s three-pronged approach aims to improve broker service and encourage ‘growth mode’
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IT Interview
Stewart McCulloch: Online ADR is ‘saving the day’ following pandemic-induced court backlogs
There is no ‘place in the future for having a complex, disproportionate process which just complicates things unnecessarily’, says managing director
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News
Car insurance insurtech raises £1.8m in seed funding
The investment means that the business is ‘well on the way’ regarding its mission ‘to challenge the status quo’ and ‘turn insurance on its head’, says chief executive
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Analysis
Briefing: ‘Disappointment’ remains about OIC’s lack of ADR amid digitalisation scrutiny
Did the government miss a trick by not signposting online alternative dispute resolution via the Official Injury Claim process?
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IT Interview
Sarah Mallaby: Partnering with brokers on schemes is ‘a real bright spot’ for Axa UK
The insurer wants ‘to work with all brokers’, according to its distribution and trading director
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Analysis
Opinion: When will insurers’ broker service improve?
Editor Katie Scott questions why broker service from insurers still has not improved, despite consistent feedback from brokers that communications and decision-making have slowed
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News
PIB Group undertakes ‘big investment’ in data analytics
Chief executive says the broker is ‘learning a lot already’ about unstructured data
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News
Climate change has ‘broken the world of risk management’
However, applying an ‘insurance mindset’ to climate-related issues can support the ‘race for resilience’, says government’s climate champion
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Analysis
Briefing: Sector-wide cultural change and ‘radical collaboration’ will drive flood resilience work
Flood Re believes the role of insurance is changing as it urges insurers to offer property repair improvements to combat poor flood resilience
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IT Interview
PIB targets M&A in Europe because it is ‘just running out of opportunities in the UK’
Although not aiming for world domination, PIB Group does want to ‘build a volume business right across Europe’, says chief executive