All articles by Katie Scott – Page 8
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News Analysis
Opinion: Insurer service ‘disconnect’ for brokers still impacted by post-pandemic work models
Simplification, consistency and delivering on promises must become a priority if insurers are to improve service levels for brokers, writes editor Katie Scott
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News Analysis
Opinion: M&A fuels record aggregate brokerage growth
Last year’s private equity investments and broker consolidation caused hikes in aggregate brokerage across this year’s top 50 brokers – but will this be repeated in 2023?
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News Analysis
Briefing: Interpreting ‘beast’ of regulation is ‘battle’ due to unclear FCA communications
Insurers understand that regulatory compliance can be ‘painful and time consuming’ for brokers, but they believe that greater collaboration can reduce the admin burden
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News Analysis
Briefing: HNW insurers must work with brokers better to tackle ‘nightmare’ Range Rover cover conundrum
Following increased Range Rover thefts, HNW insurers have put the brakes on their risk appetite for policies covering these cars
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News Analysis
Briefing: Is the sector embracing plastic free repair materials to support UK’s sustainability drive?
Although plastic free materials are more attractive from a net zero perspective, ditching plastic in claims repairs could come at a cost for insurers and policyholders
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News
BGL Insurance’s Thompson steps down as chief executive
Broker’s MGA owner plans to be a ‘major player’ in consolidation activity this year
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News
BrokerFest 2023: Panellists set to discuss broker skill set required to support today’s commercial clients
Industry experts will clarify practical ways brokers can assist commercial clients amid the UK’s recessionary environment because ‘the role of the broker has never been more important’
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News
BrokerFest 2023: The Clear Group, KPMG and Consumer Intelligence to discuss navigating macroeconomic trends at one-day event
Expert panel will talk through the implications on the insurance sector of the cost of living crisis, inflation, Consumer Duty and building resilience in closing keynote
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News
BrokerFest 2023: Expert panel to highlight commercial opportunities around embedding sustainability practices
An insurer, broker and risk management expert will talk on sustainability subjects such as reporting requirements, risk appetite and the impact of ESG awareness on placements
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News
BrokerFest 2023: FCA set to address fair value assessments and Consumer Duty at 2023 event
The one-day, London-based conference will kick-start with a detailed discussion on regulation
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News Analysis
Briefing: Is Ardonagh planning divestment following internal restructure?
The intermediary has stoked the industry’s gossip mill with its recent MGA restructure and noise about what the changes mean is now deafening
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News
Ardonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool
The firm wants to ‘level the playing field’ for small and medium-sized brokers by providing greater access to different insurance markets and ‘getting service out of insurers’
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News Analysis
Briefing: Insurers debating ‘if they want to play’ in cyber market despite ‘huge protection gap’
With cyber cover premiums ‘up almost 200%’ in aggregate, cyber insurance could be a profitable area for insurers willing to dip their toes into constantly choppy and changing waters
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News Analysis
Opinion: Is Europe still the next phase of UK broking M&A?
Editor Katie Scott shares broker views around whether the UK really is running out of broker consolidation targets
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News
Moonrock Drone Insurance secures new capacity to cover non-standard drone operations
New backing enables the MGA to cover sums insured up to £20m and expand into Europe
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IT Interview
‘There is real value in insurers helping people get ahead’ of climate change-related risks – Aviva’s Adam Winslow
Plus, as the UK’s ‘power mix is changing’, Aviva is ‘looking at extending [our] renewables footprint’, noted the insurer’s UKGI chief executive
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News Analysis
Briefing: Commercial brokers must build cyber cover confidence to avoid ‘lazy broking’
Are brokers sufficiently equipped to have well informed cyber insurance discussions with clients or are they ‘doing a very poor job on the whole’?
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News
Direct Line Group chief executive Penny James steps down
Insurer’s chair says the business ‘will continue to focus on rebuilding our capital position’ and ‘restoring balance sheet resilience’ after ‘significant headwinds’ in 2022
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News
Customers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
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News
Brokers are ‘absolutely fundamental’ to risk management innovation - Andrew Griffith
The new economic secretary applauded brokers for ‘helping the sanctions to try and bring pressure to bear on Russia as it has pursued its illegal war in Ukraine’