All articles by Katie Scott – Page 32
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IT Interview
Jeffrey Skelton: Industry could be entering ‘renaissance period’ for new insurance products
Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD
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News
RSA hasn’t ‘missed a beat in terms of service’ to brokers, but survey results differ
Chief executive for UK and international admits that the insurer needs ‘to keep pushing ourselves to do a better job for brokers’
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Record number of commercial lines policies etraded in March 2021 – Polaris
There is ‘growing insurer and broker appetite to trade more complex products’ via etrading
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Admiral announces new independent non-exec director
The new appointment has experience within the US motor market
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Saga appoints chief exec of insurance from Tesco Underwriting
The new hire, who also acted as chief insurance officer at Tesco Bank, has more than 30 years of industry experience
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Clear Group strengthens South East footprint with latest acquisition
Executive chairman says the deal falls squarely in Clear Group’s ‘acquisition sweet spot’
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Crash for cash scams still ‘a strategic priority’ as lockdown offers organised fraud opportunity
Crash for cash fraud is ‘still alive and well’ despite the Covid-19 pandemic meaning Brits are driving less, said expert industry panel
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RSA pays over £80m for UK Covid claims to date
The insurer’s chief executive for UK and international admits that ‘perfect information’ is not needed ‘to make part payments’
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Features
Briefing: Industry ‘nervous’ about potential ‘avalanche of claims’ missing from OIC portal
At long last, the Official Injury Claim portal is here. Insurance Times’s Fraud Charter attendees reveal current concerns with its functionality amid low claims notifications
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RSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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London market brokers will be at ‘forefront’ to assist government’s net zero ambitions
The role of the broker ‘will be critical’ in driving change due to their understanding of both risks and organisational transformation
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IT Interview
Scott Egan: There will be ‘no radical about-turns’ in RSA’s strategy following Intact takeover
Instead, RSA’s new owners will help the insurer ‘accelerate our plans’ around ‘outperformance’
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News
GRP-owned Crotty Insurance buys commercial insurance broker
The deal will help Crotty ‘generate momentum in the Irish broking market’ says GRP
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McGill and Partners secures new strategic advisor from Aon
The new hire says the position ‘is a unique opportunity and one that I simply could not let pass’
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Features
Opinion: Claims shop window applauded for pandemic-driven innovation
Editor Katie Scott explains why this year, celebrating claims excellence is all the more pertinent
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IT Interview
John Read: Hard market is brokers’ ‘saviour’ for preserving earnings
With the hard market ‘still here with a vengeance’, brokers face ‘additional difficulties’ in explaining the impact on premiums to clients
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News
MGA Kitsune finds new home with car insurance broker
Broker Brightside originally announced last November that Kitsune would be put into run-off for failing to meet specified returns
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News
Taxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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News
Louise O’Shea: Open finance will empower insurers to innovate and meet customer demand
Mirroring the success of opening banking, open finance can help customers improve their financial health says price comparison website chief executive
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Perception that extortion cover fuels cyber crime is ‘misguided’ – CFC Underwriting
The firm’s cyber development leader believes ‘the last option we want is to remove extortion coverage’, but that applying sub-limits could be a viable route forward