News Analysis – Page 46
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Analysis
Opinion: Insurtechs are new industry ‘Marmite’
Editor Katie Scott rounds up the latest key discussion points surrounding insurtechs
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Analysis
Briefing: Commercial lines digitalisation now ‘accelerating’ after slow start
Easy to digest personal lines data led to this part of the market taking the lead when it came to digital transformation. However, industry commentators tell me that commercial lines is now quickly playing catch up
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Analysis
Interest rate rises fail to deter lenders from broking investments
Despite being viewed as ‘neither very hot nor very unpopular’ by private equity firms, the broking community is still ‘the darling of the financial services sector’ when it comes to M&A, say experts
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Analysis
Briefing: MGAs still bullish as capacity crunch bites
Tentative insurers are keeping capacity close to home, but relearning to share the pen with MGAs could answer brokers’ prayers in providing innovative propositions for evolving client risks
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Analysis
In Focus: Why is there increased investor appetite for insurtechs from outside the insurance industry?
Three industry experts explore why non-insurance sector businesses are looking to buy into insurtechs
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Analysis
TechTalk: A short history of Lloyd’s Lab
Technology editor Clare Ruel takes a look back at Ed Gaze’s time at Lloyd’s Lab and the birth of the insurtech accelerator
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Analysis
The Big Question July/August 2022: How can insurers better support brokers with compliance?
Insurance Times asks industry leaders how insurers can better support brokers amid the FCA’s influx of new regulation
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Analysis
Insurers must be on guard as insurance fraudsters ‘come from all walks of life’ - IFED
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, reveals that organised crime groups can come from unexpected and well paid quarters
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Analysis
Industry’s lack of ethnic minority senior leadership is ‘everybody’s problem’
Although the representation of ethnic minorities in senior insurance roles has improved, the industry still has a long way to go
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Analysis
Briefing: Are insurtechs sustainable?
Industry voices are flagging concerns that insurtechs are not working to solve current industry challenges – but what is driving these discussions and can anything be done to change this view?
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IT Interview
Karen Beales: OIC portal challenges offer opportunities around legal expenses insurance
The insurer plans to target brokers, providing a ‘mix and match’ of legal expenses insurance and motor cover add-ons
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Analysis
In Focus: How are insurtechs matchmaking brokers and capacity providers?
‘Granular’ and ‘relevant’ data can create ‘much more qualitative conversation’ between all parties, say experts
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Analysis
Briefing: Lloyd’s Lab is still the ‘heart of innovation’
Lloyd’s has a ‘proud history’ of innovation - and this is set to continue
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Analysis
Property insurance falls to underwriting loss despite drop in claims
Insurance DataLab takes a deep dive into the UK’s property insurance sector, exploring market trends and pinpointing improving insurers
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IT Interview
Amy Barnes: Successful ESG agendas need ‘bold commitments’
Head of sustainability and climate change strategy believes ’good ESG leads to fewer insured losses’
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IT Interview
MGA Q&A: In-person underwriting here to stay as ‘unconvinced’ about digital alternative - MPR Underwriting
Insurance Times speaks to Neil McCarthy, managing director of MPR Underwriting, about trends in the MGA market and why the title’s MGA Survey proves to be so valuable for gaining business insights
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IT Interview
Sarah Murrow: ‘Diversity is good for business’ and provides opportunities ‘to thrive’
UK and Ireland boss pinpoints where the insurer sees ’ample opportunity for growth’, despite predicting an increase in business insolvencies
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IT Interview
John Warburton: Why Konsileo aims to be the ‘RoboCop’ of commercial broking
The chief executive tells Insurance Times how focusing on employee engagement and supporting staff with technology is ’our whole shtick’
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Analysis
Briefing: Are insurtechs really innovating, or just playing technology catch up?
The pandemic caused ‘a lot of sacred cows’ to be ‘killed’ as digital trumped in-person interactions, but are insurtechs really at the cutting edge of technology, or simply helping insurance catch up to more digitally savvy sectors?
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IT Interview
Steve Gaywood: Cost of living crisis sees insurance customers ‘game the system’ and turn to fraud
Although consumers may be tempted to ‘cut corners’ when it comes to their insurance provision, this will only lead to ‘a false economy’, according to head of counter fraud