News Analysis – Page 26
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News AnalysisIndustry grapples with ‘scalability challenge’ around generative AI
While many insurers and brokers are dipping their toes into the waters of generative artificial intelligence, the line between experimentation and successfully scaled use cases is blurred
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IT InterviewPaul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
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News AnalysisBriefing: As the FCA looks to simplify its rules, what does this mean for Consumer Duty?
’This call for input will help to ensure our regulation remains effective, streamlined and comprehensible, maximising the duty’s benefits,’ says regulator
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IT InterviewGeoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
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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 AnalysisBriefing: The rise of alternative capacity providers certainly benefits MGAs, but where does it leave insurers?
As the prominence of MGAs grows, their potential for strong profitability has caught the eye of alternative capacity providers with designs on entering the ever-desirable insurance market
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News AnalysisWill the lithium-ion battery boom trigger an insurance bust?
The rising use of lithium-ion batteries is increasing fire risks, prompting potential policy wording changes. How will the industry respond to this new challenge?
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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: What are the Labour party’s plans for insurance?
A new party leader is occupying Number 10 and change is afoot in the UK as the new prime minister reviews regulation and shares streamlining plans
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News AnalysisThe impact on insurance after faulty update causes global IT outage
’This is the most widespread global IT outage we have seen in 20 years of underwriting cyber risk,’ says department head
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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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News AnalysisInsurers play ball with large sporting events
With the Paris Olympics starting this week, Insurance Times takes a closer look at coverage trends and developments hitting the large sporting events market
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News AnalysisMotor repair network must accelerate EV focus to support Labour’s 2030 vision
Upon election, the new government may move to reintroduce the 2030 ban on new petrol and diesel car sales – but how will this impact the insurance industry?
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News AnalysisPet insurance sector can’t afford to let sleeping dogs lie where fraud risk is concerned
While the UK pet insurance market has grown rapidly in recent years, its ability to detect and combat fraud has not caught up – with the size of this problem not yet known
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News AnalysisBriefing: Sector must do more to protect SMEs from cyber bullies
Simply waving a digital warning flag is not enough – the insurance industry must take more proactive steps to support SMEs with cyber protection
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News AnalysisTravellers must acknowledge that cost of ignoring insurance becoming too great
With the summer holidays looming, Insurance Times reviews holiday trends impacting the travel insurance market – and why promoting this line of business is becomingly increasingly important
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News AnalysisBriefing: Addressing the insurance technology skills gap bottleneck after Girls in Tech bids farewell
’While the recent closures are a shame, it might also provide our industry and other sectors the opportunity to rethink how we work together to bring women together,’ says chief evangelist
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News AnalysisAre MGAs torn between Lloyd’s boxes and company-backed paper?
’While Lloyd’s is making progress, it still has a way to go before its offerings rival those of its competitors in the company market,’ says chief executive
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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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News AnalysisHow can smaller brokers attract the right talent?
Brokers of all sizes are keen to tackle ‘a skills void’ that has ‘picked up pace exponentially’ – but how can SME brokers, in particular, achieve this ambition?
