News Analysis – Page 34
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News AnalysisMinster Law is ‘prepared for the future’ despite financial challenges
’Nobody can be in any doubt that this is a challenging market’, says chief executive
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News AnalysisBriefing: Lloyd’s of London’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
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News AnalysisBusinesses look to ethical accreditation as clients and staff demand ESG excellence
’As an industry, we have the power to change the track on building sustainable and environmentally friendly businesses,’ says chief financial officer
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IT InterviewMike Edgeley: The Clear Group aims to create ‘more efficient and structured’ business over 18 months
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
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NewsHigh Five: Catch up on the biggest stories of 11-14 April 2023
Insurance Times rounds up the biggest stories of this week
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IT InterviewScott Bennett: Broker network growing despite challenge of M&A activity
Managing director says The Ardonagh Group-owned network business has to ‘pedal hard to stand still’ in terms of maintaining member numbers amid broker consolidation landscape
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News AnalysisBriefing: Is mid-market consolidation coming to an end?
It is surely too soon to sound the death knell for broking M&A just yet, based on recent activity
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News AnalysisStrong dollar provides no shortage of US M&A interest in UK insurance firms
Acquisitive brokers were asked if a strengthening dollar would see more US firms snap up companies in the UK
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News AnalysisBriefing: New injury rules getting personal as lawyers respond to MoJ
Proposed changes would represent a ‘savings windfall’ for insurers, says association president
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News AnalysisClimate trends drive ‘underwriting performance volatility’ – AM Best
This trend may impact reinsurance availability and costs, which insurers are already struggling with
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News AnalysisOpinion: HNW clients provide unexpected fraudster pool
Editor Katie Scott discusses how the ongoing cost of living crisis is seeing high net worth individuals resort to insurance fraud – an issue that has been previously ‘masked’ according to fraud experts
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News AnalysisArtificial intelligence chatbots: Friend or foe?
The rise of chatbots will have ‘an enormous impact on insurance on so many fronts’, but insurers will have to get to grips with the ‘risks and ethical considerations’
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News AnalysisBriefing: Stress crisis becoming a real pain for employees
Could we be seeing the start of new risk exposures for sectors that have embedded hybrid working practices?
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IT InterviewMike Edgeley: The Clear Group has ‘very healthy’ M&A pipeline that is ‘sticking to knitting’ in UK market
However, the intermediary’s group chief executive reveals he ‘will be keeping a weather eye’ on M&A opportunities around MGAs and Ireland-based businesses too
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News AnalysisGhost broking poses ‘massive’ reputational risk to insurance sector
‘Doing more of the same’ isn’t working to tackle the issue, says head of counter fraud
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News AnalysisBriefing: Finally, an opportunity that is truly sustainable
Broker report flags emerging opportunity for London market firms – but competition could be fierce
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News AnalysisFOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
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IT InterviewLee Mooney: ‘Fear of failure’ inhibited RSA
The insurer is now working to improve by listening and acting on broker feedback, says commercial lines managing director
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News AnalysisIn Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
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News AnalysisBriefing: The Silicon Valley Bank collapse – a case for an insurtech backstop?
With the insurtech sector struggling in the current economic climate, are the twin blows of Tech Nation and the Silicon Valley Bank too much?
