All articles by Katie Scott – Page 33
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News‘Over-rewarded’ scale driving consolidation leads to broking’s ‘worst practices’
Despite the broking market being described as ‘a dangerous place now’, chief exec urges industry to ‘not let the word “consolidation” become the new dirty word’
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FeaturesBriefing: Brokers’ risk management role is key in preventing ‘contentious’ cyber ransom payments
The recent Colonial Pipeline cyber attack should act as a ‘wake-up call’ for businesses to better prepare for this emerging risk – and brokers are fundamental in laying risk mitigation groundwork
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NewsAllianz Holdings records 10.6% drop in GWP for Q1 2021
Alongside a dip in commercial lines GWP, Allianz Insurance has issued payments for more than 80% of accepted Covid-related BI claims
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NewsAgeas UK reports ‘a solid quarter’ to kick-start 2021
Reduced claim volumes in the insurer’s private car book has helped support a ‘strong combined ratio and net result’ in quarter one
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News AnalysisGenerational divide in understanding contents insurance poses underinsurance risk – Getsafe
Chief executive believes education should be ’a critical mission of the industry’ to ’make people enthusiastic about insurance again’
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NewsInsurance Times Five Star e-trading Report 2021 launching at Biba conference
Webinar will reveal etrading’s best and worst performers, according to more than 800 brokers
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IT InterviewJames Wright: New digital unit aims to give ‘our underwriters superpowers’
Insurers must get ‘comfortable with uncertainty and failure’ if they are to succeed in today’s fast-changing, tech-driven insurance environment, adds software consultant
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FeaturesOpinion: Hard graft ahead as brokers cement post-pandemic role
Editor Katie Scott explains why resilience is still important as the UK starts to exit the Covid-19 lockdown, compared to last year’s pandemic peak
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NewsKingfisher appoints former Ardonagh finance director as CFO
Chief executive confirms that the group’s leadership team is now complete
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NewsPIB Group boosts presence in Channel Islands with latest broker buy
Broker chief executive describes the purchase as an ‘excellent addition to our family’
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News‘Clear road ahead’ for digitising London market following Covid-19 pandemic
‘Choice is the most important thing’ for employees of the future, meaning ‘exceptional digital tools’ are needed
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NewsProperty and finance services consultancy launches insurance broker
Managing director says the firm will offer ‘choice’ amid ‘a consolidated landscape’
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NewsArdonagh Advisory plans to purchase personal medical and protection broker
The move is designed to complement Towergate Health and Protection’s existing offering
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NewsRSA takeover set to complete by end of May
As the deal with Intact and Tryg receives regulatory approvals, group chief exec says the business ‘has never been in better shape’, despite paying more than £45m for BI-related Covid claims
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FeaturesBriefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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IT InterviewSemi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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IT InterviewThere’s no strategy to current broker consolidation – Aventum’s David Bearman
Furthermore, MGAs that ‘put growth over profit don’t deserve to have underwriting capacity’, says chief executive
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IT InterviewDavid Bearman: ‘Our focus will be to build a broking house that will be decade defining’
After 25 years at the helm, the insurance group’s chief executive says the business is ‘just getting started’ as it unveils new brand and restructure
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FeaturesBriefing: Consolidation could cause culture concerns for broker staff
The rapid-fire of broker consolidation has caused the subject to be placed under the industry’s microscope, with commentators discussing the good, the bad and the potentially ugly…
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NewsGovernment set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
