All articles by Katie Scott – Page 4
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News Analysis‘Calmer waters’ for reinsurance in 2024 signals innovation opportunity
However, no new startups appear to be taking advantage of ‘gradual softening’ market conditions and some reinsurers are described by primary firms as ‘opportunistic’ in their bid for growth
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NewsAviva will ‘focus on long-term, consistent, stable pricing’ rather than ‘chase short-term blips’
Despite acknowledging that home insurance needs ‘more rate’, insurer’s UKGI boss plans to ‘maintain pricing discipline’ and avoid reacting to ‘short-term choppiness’ in rate movements
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News AnalysisBriefing: Rampant regulation poses threat to D&O claim volume
Brokers must support company directors to ensure they are not ‘left to their own devices’ around incoming regulation, as implementation uncertainty can cause D&O claims
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NewsAviva spies ‘accretive growth opportunities’ through ‘dual stamp authority’ approach with Probitas
UKGI chief executive says the insurer is ‘more excited’ about its latest purchase now than it was when the acquisition was first announced in March 2024
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News AnalysisUptick in fraudulent tinnitus claims is ‘an inherent, major issue’ for motor insurers
With tinnitus injuries attracting anything up to £90,000 in claim payouts, squashing fraud in this area is vitally important in protecting both policyholder and insurer purse strings
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IT InterviewJo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
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NewsAllianz UK reports discounted COR of 94.6% for 2024’s H1
Amid year-on-year operating profit growth of 55%, chief executive promises ‘much more is yet to come’ from the insurer
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NewsAllianz SE expands share buy-back volume to €1.5bn for 2024
So far in 2024, the insurer has bought 3,791,467 shares through share buy-back schemes
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NewsIndustry-wide golf day strives to raise £15,000 for cancer charities
Around 84 golfers from brokers and insurers will take on 18 hole golf course in fundraising bid that seeks ‘to give something back to UK charities’
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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IT InterviewSarah Willoughby: Ecclesiastical ‘on track’ to achieve art and private client growth target
An important driver in delivering consistent year-on-year gross written premium growth is providing quality service and education opportunities for brokers, says art and private client business director
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News‘Pricing is under pressure’ for cyber cover as SME demand grows – Swiss Re
Reinsurer’s UK and Ireland chief executive believes a public-private partnership focused on cyber cover would be ‘beneficial’ for insurance industry – especially to mitigate possible risk aggregation
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IT InterviewSerge Raffard: Allianz Personal sees ‘huge opportunity’ in broker relationships
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
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News AnalysisBriefing: MGA seeks capacity to bust taboos in ‘untapped market’
New MGA actively encourages claims to adopt preventative stance around taboo healthcare field – here’s how its model could have helped me
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NewsAviva refuses to be complacent on eTrading service following record report result
The insurer believes that its eTrading evolution is ‘not a one and done’ project, which is why it boasts the highest five star score from broker partner research for the sixth consecutive year
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NewsABI and Insurtech UK agree MoU to ‘connect the dots’ between ‘best of technology’
‘Innovation and harnessing the best of technology is crucial to maintaining our sector’s competitive edge,’ says director general
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NewsAviva completes £249m Probitas buy
Insurer’s UKGI boss notes that finalised transaction represents ‘a significant growth opportunity for us and further enhances our customer proposition’
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News AnalysisOpinion: Has brand stacking replaced the loyalty penalty?
Research foundation feels some insurers are ‘committing the sin of omission’ when promoting tiered products
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IT InterviewTara Foley: Axa UK and Ireland strives to be the ‘go-to place for talent in the industry’
Alongside a focus on organic growth and technology, the insurer’s medium-term strategy sees it bid to become a ‘destination workplace’
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IT InterviewRichard Coleman: Ecclesiastical’s charitable focus creates ‘amazing story’ for broker partners
The insurer’s ‘hugely attractive’ charitable purpose has additionally supported recruitment, says UK managing director
