News Analysis – Page 29
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News Analysis
Briefing: Vesttoo fallout could spur ‘weakening in market confidence’ over LOCs
Letters of credit are used increasingly in the insurance market as collateral, but could the latest incident lead to more rigour being applied to ensure validity?
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News Analysis
Lloyd’s market ‘very much at risk’ from lessened underwriter attendance
To flourish, the Underwriting Room and market participants need to ‘get that trading mojo back’
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News Analysis
Specialisation spells survival for SME brokers in evolving landscape
SME brokers will continue to play a ’significant role’ in the insurance market while maintaining their independence, says head of M&A
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News Analysis
It’s deadline day for the new Consumer Duty – but is the industry ready?
Preparing for the new regulation has been a ‘huge piece of work’, says chief executive
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News Analysis
Markel’s ‘significant digital investment’ reflected in improved eTrading results
The insurer ‘never forces brokers down the eTrade path,’ says broker sales director
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News Analysis
Consumer Duty’s regulatory burden particularly unwelcome for SME brokers
According to Jackson Lee Underwriting’s head of leisure insurance Graeme Hamilton “some people forget about the small brokers out there”.
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News Analysis
Briefing: Insurance needs to do more to combat climate change
Now is the time for the insurance industry to stand up and take action, says Matt Scott
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News Analysis
The ways AI can help brokers become more ‘effective and efficient’
’There are things that can be automated using AI that will make a big difference,’ says chief revenue officer
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News Analysis
Briefing: Wildfire warning urges insurers to wake up to rising risk
The UK must get real about the increased threat of fire damage originating from global warming
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News Analysis
Sabre’s move to CDL heralds ‘more sophisticated pricing’ for the insurer
Prices can now be set and rolled out in one day instead of having a six week wait via the traditional process
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IT Interview
Steve White: Biba’s longest-standing chief executive says farewell
White explains it was ‘absolutely not a coronation’ when he was first promoted from head of compliance and training
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News Analysis
Briefing: Dominoes tottering as falling motor market margins cause exits
With a slew of recent reassessments of involvement in the motor insurance market, what can we expect going forward?
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News Analysis
Technology is making a ‘big difference’ to underwriting – so will humans remain ‘essential’?
’The human element is essential in the underwriting process,’ says chief executive
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News Analysis
Work to be done if Flood Re exit is to be successful in 2039
Insurance Times speaks exclusively to Flood Re at the launch of its latest Transition Plan
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News Analysis
Briefing: Resilience vital as rising tide of flood risk threatens insurance sector
The country, its government and its insurers will need to act on the threat that flooding is posing and will continue to pose
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IT Interview
Tracey Hudson: Sedgwick targeting ‘ambitious’ growth over next year
’Making sure strong financial controls and governance are in place,’ will be the focus of the newly appointed chief financial officer
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News Analysis
Opinion: Will the real bold thinkers please stand up?
Acting editor Yiannis Kotoulas discusses how the insurance sector can better support bold thinking and contribute some ideas itself
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News Analysis
The insurance perspective on climate sceptics
Between 2000 and 2021, the number of global weather and climate disasters declined by around 10%, but what does this mean for insurers’ risk projections?
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News Analysis
Briefing: FCA surprised at high commission levels for multi-occupancy buildings insurance
It seems the ship has well and truly sailed on the sector effectively self-regulating on this issue
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News Analysis
Briefing: Cyber insurance is an opportunity – but industry needs mindset to seize it
Cyber uptake may be low, but is there more to the issue than business apathy to the risks?