All articles by Katie Scott – Page 25
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Analysis
Opinion: Report highlights post-pandemic leadership reshuffle
Editor Katie Scott mulls whether the onslaught of recent insurer boss changes will impact on business strategies for 2022, especially following the FCA’s final deadline for its fair value changes
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News
Lloyd’s Insurance Company appoints new UK branch leadership
The appointment replaces current UK head Keith Stern
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Analysis
Briefing: Unpicking industry challenges at BrokerFest 2021
On Monday, brokers will hear a pandemic case study from commercial wheels broker McCarron Coates, as well as have the option to learn about the current lay of the land in high net worth
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News
Pen Underwriting buys Manchester Underwriting Agencies
The ‘great partnership’ will allow Mum to achieve ‘the next level of growth’ while also bolstering Pen Underwriting’s ‘bench strength’
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News
Ghost broking losses amount to £786,700 in 2021 so far - Action Fraud
Students identified as ‘a prime target’ for ghost brokers
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Analysis
Briefing: Size is important when it comes to being resilient to the FCA’s GI pricing reform
Webinar panellists emphasise that firms cannot assume how their customers will behave post-reform, with switching still rife even if consumers are offered lower prices
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News
Minster Law buys Irwin Mitchell’s fast track personal injury business in ‘perfect’ deal
The deal kickstarts the ‘inevitable’ post-reform consolidation of the personal injury market, says law firm chief executive
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Features
Briefing: Incoming Highway Code changes signal ‘potential growth area for fraud’
The ‘perfect storm’ of vulnerable road user claims falling outside of the OIC portal and a general lack of awareness around the proposed rule changes could create a new ‘target area’ for fraudsters
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News
Axa UK appoints commercial lines chief underwriting officer from WTW
The new hire is replacing David Williams, who plans to move into non-executive roles
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IT Interview
Brokers ‘play a massive part’ in HNW as clients ‘cannot get advice and knowledge with technology’
Ecclesiastical’s art and private client business director says underinsurance is still ‘prevalent’, so empowering broker partners to have informed conversations with clients is paramount
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News
Cyclist alleges Aviva is dawdling with claims payment – despite driver admitting liability
The insurer has promised to ‘conclude this matter as quickly as possible’ as claimant reveals exhaustion at lengthy delays and frustration that ‘no one in this process seems to give a toss’
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News
Lloyd’s sets target for a third of the market’s new hires to come from ethnic minority backgrounds
The market plans to mandate the collection of ethnicity data and promises to publish its ethnicity pay gap annually
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News
Jensten Group completes Tasker buy
Group chief executive believes the broking business is ‘an attractive alternative for high quality community brokers looking to find new investors’
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Features
Briefing: ‘Radical fresh thinking’ is required to tackle ‘connected’ risks and protection gaps
The industry is facing ‘a battle to stay relevant in the face of systemic risks that look to be beyond the scope of traditional insurance solutions’, says law firm report
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News
Axa UK appoints new distribution and trading director for commercial arm
The new hire is ‘looking forward to working with key broker partners to understand how we can deliver value for them and our mutual customers’
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News
Metro Bank partners with Churchill Expert to target SMEs with new insurance products
The SME products mark the bank’s ‘first stepping stone’ into insurance as it plans to launch pet and travel covers later this year
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News
PIB Group buys Nottingham-based broker to expand northern footprint
The acquisition will form part of PIB Group’s specialty division
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Features
Briefing: Will ADS safety rating put brakes on government’s automated driving push?
Industry commentators still have questions around the safety of technology such as ALKS, however the UK government is eager to have automated driving on Britain’s roads this year
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News
Lloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Chief executive Neal notes that the market has produced a ‘strong set of financial results’ despite paying out nearly £10bn in claims – including for Covid-hit customers
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News
Data-driven insurtech launches to put transparency and fairness at heart of UK motor market
Insurance Times gets the exclusive first interview with Adiona founder Paul Harvey, who aims ‘to create a consumer brand in insurance that people love’