All articles by Katie Scott – Page 5
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NewsEcclesiastical launches into office professionals market to satisfy broker feedback
Alongside entering new markets, the insurer is ‘selectively starting to open up conversations about supporting MGAs’ in order to further facilitate business growth, says UK managing director
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NewsGlobal cyber insurance market predicted to reach £23bn GWP by 2027 – Morningstar DBRS
Credit ratings agency predicts that ‘technological advancements, changes in the regulatory landscape and the advent of innovative insurance products will shape the trajectory of the cyber insurance market’
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NewsMore brokers looking to support charities and communities
Brokers seek connections with local charities in order to give back to customers, improve their reputation and support talent attraction and retention, finds insurer research
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IT InterviewTara Foley: Consumer Duty is ‘not a one and done’ regulation
Insurer chief executive says the implementation of the new rules has ‘required significant effort and focus’
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News‘Huge’ growth in property fraud is ‘non-stop’ – DWF Law
In particular, ‘cannabis farms are a big issue’ concerning commercial and domestic properties, as well as suspicious escape of water claims
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NewsAxa UK and Ireland works to ‘strengthen’, ‘solidify’ and ‘deepen’ broker relationships
Chief executive believes it is ‘absolutely critical’ that the insurer works ‘hand in glove’ with brokers to tackle industry-wide challenges
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NewsInsurtech secures capacity from Aviva-backed MGA to expand vacation rental cover
Chief executive says ‘strategically important partnership’ will help improve business volume
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NewsAround 15% of SMEs opt to pay for insurance monthly as bill late payment issues continue
Cash flow concerns see SME owners switch method of paying for insurance, says premium finance firm
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News AnalysisOpinion: How true is the claims ‘shop window’ adage?
Editor Katie Scott discusses whether a change in perspective around how claims are viewed could help improve customers’ perception of the industry
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NewsRegulation and retention are key concerns for personal lines brokers – Ageas UK
Chief executive flags that ‘supporting our partners to keep customers is the lifeblood of our business’
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IT InterviewAnt Middle: M&A will provide Ageas UK with ‘optionality for the future’
Chief executive eyes new product lines and M&A opportunities as personal lines insurer plots out its next three to five-year strategy
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IT InterviewTom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
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NewsTech vendor seeks MGA to participate in free trial of quote and bind platform
The chosen MGA will be able to kickstart its digital transformation journey with this exclusive proof of concept deal – worth £37,000 – delivered in association with Insurance Times
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NewsBrown and Brown’s health intermediary promotes new managing director
The appointment is the fruition of succession planning within the business
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NewsConsilium launches marine division as part of strategy to be ‘most inspiring independent broker’
Specialty broker has appointed senior partner to steer the new division
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News‘Equilibrium’ between MGAs and insurers yet to be achieved – Pen Underwriting’s Tom Downey
Chief executive additionally believes that capacity into MGAs will become ‘almost like an investment vehicle trust’
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News AnalysisBriefing: ‘Commercial fraud is a massive problem’ flying under the industry’s radar
Insurers are ‘shocked’ by the level of commercial linked fraud they are uncovering, says law firm partner
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NewsMotor market grew GWP by 25% in 2023 – Oxbow Partners
Sector set to be more profitable in the year ahead because it ‘is pricing much more effectively for costs they have to suffer’, says head of market intelligence
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NewsBiba 2024: Aviva keen to boost broker scheme partnerships and back niche MGAs
The insurer has previously ‘been reasonably light on’ building capacity relationships with brokers and MGAs, says portfolio director
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NewsBiba 2024: Blueprint Two ‘doesn’t seem to be going very well in delivery terms’
Chief executive is ‘very cynical’ and ‘worried’ about the plan’s delivery timeline
