All articles by Katie Scott – Page 3
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NewsBroker CEO Forum 2024: Insurers ‘heart’ MGAs as they seek to place risks in ‘fragmented’ world
Carriers acknowledge that MGAs are ‘much quicker’ than them ‘from a service perspective’ – however, they do not believe these firms will ‘entirely take over’ underwriting to replace them
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IT InterviewCovéa Insurance does not want to ‘rush and fail’ growth after 2023 job cuts – Georges de Macedo
Despite falling nine places in this year’s Top 50 Insurers report, published by Insurance Times and Insurance DataLab, insurer chief executive believes ‘growth is not difficult’ to achieve
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IT InterviewFCA review on rule simplification offers ‘opportunity’ to forge ‘proportionate’ framework – Jon Dye
The chief executive says Consumer Duty marked ‘a significant regulatory change’ that ‘has involved a good deal of work’ to implement and embed successfully within the insurer’s operations
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NewsMarkel-backed personal guarantee MGA hits 3,000 policyholder milestone
Despite achieving ‘a significant milestone’ in terms of customer count, managing director says firm’s ‘ambitions for growth remain substantial’
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NewsBrokers must review employment practices liability policies ahead of ‘revolution of employment rights’
The Employment Rights Bill features 28 reforms to existing employment standards – brokers and underwriters must therefore work together to ensure that employers’ liability cover is ‘fit for purpose’, says head of claims
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News AnalysisOpinion: ‘Industry’ versus ‘profession’ – are we selling ourselves short?
Editor Katie Scott digs into the differences between these two descriptors and explores which best defines insurance
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News AnalysisIn Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?
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?
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IT InterviewGeorges de Macedo: Chief exec promotes five pillar plan to keep Covéa Insurance in the black
Covéa Group sends Frenchman across the Channel to spearhead British business because ‘the situation in the UK required some action’
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NewsZurich Municipal expands online self-serve quote journey to improve product take up
The insurer is also ‘open to exploring’ more opportunities with broker partners, says head of digital trading and partnerships
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News AnalysisOpinion: Is the new Labour government getting serious about insurance fraud?
Editor Katie Scott questions whether the new administration is making insurance fraud a priority, building on the foundations left behind by the Conservative party
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NewsThe Top 50 Insurers 2024 digital edition is now live
The exclusive ranking of UK regulated general insurers and Lloyd’s syndicates is now available – where has your firm placed this year?
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IT InterviewJon Dye: Hiscox is third of way through ‘strategy for profitable growth’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
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IT InterviewMartin Schultheiss: Uinsure actions ‘really high growth strategy’ following PE investment
A ‘suits and trainers’ organisational culture that embraces the ‘right talent’ is the ‘magic sauce’ underpinning insurtech’s comprehensive growth strategy, says group managing director
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NewsZurich evolves net zero plan to better support global economy’s transition journey
The insurer’s four pillar road map includes insurance-related targets that will see the firm engage with heavy emission customers to support net zero transitions
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News AnalysisOpinion: Are the days of generalist UKGI firms numbered?
Editor Katie Scott discusses the overarching structure of the UKGI market, commenting on the continued industry-wide drive to be increasingly ‘more specialist’
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NewsHiscox’s Dye sidesteps takeover talk by emphasising insurer’s ‘brilliant organic growth story’
The specialist insurer was the subject of acquisition speculation in July 2024
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NewsLloyd’s reports ‘best interim result since 2007’ for 2024’s H1 with COR of 83.7%
Chief executive attributes balance sheet growth to ‘disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet’
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NewsHiscox’s London market arm targets ‘underwriting discipline’ to ‘grow profitably’ amid ‘microcycles’
Insurer’s chief underwriting officer expects second half growth for this area of the business after experiencing insurance contract written premium dip in 2024’s H1
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News AnalysisBriefing: Schools, charities and public sector sees ‘more frequent’ cyber attacks in 2024
Cyber criminals seeking personal data phishing and ransomware opportunities are looking at tightly resourced schools, charities and public sector firms as targets
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IT InterviewJason Storah: Insurance must be ‘more deliberate’ in ‘attracting and fostering talent’
Aviva seeks to collaborate with brokers on ‘really valuable’ talent attraction, alongside continuing to invest in measures designed to bolster brokers’ businesses and cement working partnerships
