News Analysis – Page 16
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News Analysis
Briefing: Next generation has opportunity to furnish broker mid-market as firm numbers dwindle
Despite Biba’s 2024 manifesto confirming that UKGI broker numbers are decreasing, demand for this service is still prevalent – future leaders must seize this opportunity
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IT Interview
Peter Farrelly: Sector must seek talent from ‘unorthodox’ sources
’We can’t rewind the clock – we have to try to close the [talent] gap by accelerating development and looking at new talent pools,’ says UK chief operating officer
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News Analysis
Briefing: It’s not about which customers are vulnerable, but what you do about it
Are we asking the wrong question when we ask for clarity on who exactly is vulnerable?
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News Analysis
Brokers on the up despite challenging market
Insurance DataLab confirms the scores and metrics behind the brokers leading the UKGI market according to its newly launched Broker Performance Report 2024
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IT Interview
James Daley: Industry must increase consumer trust to avoid political intervention
Following the implementation of fair value and Consumer Duty, managing director believes ‘commission levels and claims ratios will be the next areas of focus for the regulator’
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News Analysis
Revealed: Which firms won at the Claims Excellence Awards 2024?
There were some lucky double winners on the night, while other firms picked up their first Insurance Times Claims Excellence Award – was it you?
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News Analysis
Briefing: Biba Conference theme wasn't a cry for help, but a call for action
Every year, the insurance industry returns to Manchester for Biba’s annual conference, but how is the event evolving to still deliver benefits for today’s brokers?
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IT Interview
Paul Williams: Ripe Insurance is ‘sticking to its knitting’ amid M&A expansion
’There’s lots of noise around technology but it all comes back to whether you are able to offer customers something that they perceive as giving real value,’ says chief executive
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IT Interview
Warren Downey: SRG’s new investment represents beginning of ‘chapter two’ for broker’s growth journey
’If you build the right culture and you attract the right people, you get fabulous results – it’s blinking obvious,’ says group chief executive
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News Analysis
Briefing: ‘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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IT Interview
Louise O’Shea: CFC Underwriting aims to make complex cover understandable
Growth is on the agenda as new group chief executive explores geographical and product opportunities
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IT Interview
Nick Line: Markel arming underwriters with ‘right training and support’ to address exposed classes
Markel International’s chief underwriting officer underscores the ‘pivotal’ role of education and digital skills in empowering underwriters to navigate complex risk landscapes
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News Analysis
Briefing: Two Insurtech 50 firms collapse amid continued investor caution
’Investors are becoming more democratic in their funding allocations,’ says global head of insurtech
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IT Interview
Mike Reid: Sompo enters ‘growth mode’ with ‘a focus on the UK’
Despite being ‘a relatively young business in the UK’, the global insurer and its staff want ‘to be seen as experts in what we do’, says chief underwriting officer
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News Analysis
Opinion: Personal motor market continues to be messy
With 28% of UK motorists committing application fraud, can motor insurance customers really blame insurers when claims aren’t paid out?
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IT Interview
Ajay Mistry: Building a ‘successful schemes broker’
Many larger brokers believe that schemes for small clients are ’not as exciting’, says founder and director
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IT Interview
Chris Haggart: ‘Clarity of purpose’ around supporting partner brokers at Hedron Network
’Networks across the market have a part to play in making sure that the general quality of brokers in the UK is as robust as it can be,’ says broker network chief executive
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IT Interview
Jonathan Davey: ‘I didn’t choose insurance – insurance chose me’
’I am going to be selective. I am young enough to want to keep my grey matter moving,’ says retired chief executive
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News Analysis
Briefing: Neurodiversity first highlights why sector must be bolder on D&I progress
There is a rising recognition that neurodiverse staff can bring a different view and approach to the risks that the industry faces
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News Analysis
Mike Keating: MGAs are 'part of the fabric of the industry'
The Managing General Agents Association’s (MGAA) chief executive says the organisation’s growing membership is increasing its broker driven business