News Analysis – Page 56
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AnalysisBriefing: Reinsurance sector still facing BI ‘big issue’ despite clarity for direct market
A lack of visibility around aggregation arbitration is preventing the reinsurance sector from dealing with Covid-related BI claims
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AnalysisBriefing: Insurers under pressure to harden rates as reinsurers talk tough
Feedback from the Rendez-Vous de Septembre conference is that reinsurers are cheerleading rising rates
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IT InterviewPaul Anscombe: Time for Seventeen Group ‘to put its flag in the ground and build’
After completing 20 acquisitions in as many years, chief executive says there is ’purpose behind the growth’.
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IT InterviewDomenico del Re: Insurance industry must support roll out of green technology
The insurance industry must lead on green tech cover to support UK’s transition to net zero, says PWC partner.
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AnalysisBriefing: Industry scratching its head over deepfake e-scooter fraud
What new types of claims and fraus will arise following the extension of the UK’s e-scooter trial?
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AnalysisBriefing: Insurers should prepare for risk of another Eurozone crisis
Contributor Saxon East examines whether the eurozone may be about to enter another period of economic chaos
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AnalysisMGAA targeting ‘every MGA in the UK and Ireland’ for membership
The trade body’s ‘clear objective’ is to provide ‘relevant’ support and content for both its current and future members
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AnalysisDavid Howden: Rise of the underdog
The insurance industry must be a ‘force for good’ rather than ‘the naysayers we are sometimes seen as’, says broker boss
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IT InterviewLea Cheesbrough: The ex-broker shifting appointed representatives away from a ‘tarnished’ reputation
The FCA’s new regulations on ARs will provide a boost to AR networks, says managing director
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AnalysisBriefing: Is hybrid working diminishing London’s leadership as an insurance market?
Individuals entering the world of work today may not have experienced working alongside their colleagues five days a week – ‘their careers may be marked by the lack of that’, according to broker boss
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IT InterviewJoshua Motta: The MGA hitting the UK with ‘reinvented’ cyber security insurance
It is now harder than ever to purchase cyber insurance in the UK, with capacity being pulled back, increasing exclusions and price increases – but Coalition aims to overhaul the market at a time when SMEs need it most
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AnalysisBriefing: Brokers fear professional indemnity market crunch will only worsen
Despite the industry’s attempts to mitigate construction PI risks, capacity is still being squeezed in this line of business
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AnalysisCost of living crisis drives greater fraud volume and frequency from non-traditional sources
Counter fraud experts explained that difficult economic conditions are leading to increased levels of fraud from non-traditional perpetrators, necessitating a rethink of existing anti-fraud models
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AnalysisClaims inflation drives ‘a major deterioration’ in UK motor market
With price increases unable to keep pace with inflation, motor insurers must look to claims prevention and repair network support if they wish to remain in the black
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AnalysisOpinion: Inflation and cost of living tightrope testing insurers’ balance
Editor Katie Scott discusses how inflation has impacted insurers’ 2022 half-year results
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AnalysisEmerging Bazarcall ransomware attacks reinforce cyber risk to SMEs
A more ’robust and joined up approach’ is needed to combat the risks UK businesses are facing from cyber attacks, such as those distributed by bogus call centres, says director
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AnalysisBriefing: Insurance industry must adopt signposting to support UK’s ageing population
With people living longer and retiring later in life, insurers must be flexible with their travel insurance policies to ensure that consumers are not left without cover
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AnalysisSector cautiously welcomes UK government amendments to planning guidance for preventing flooding in new builds
Affordable home insurance is ’essential to public trust’ in insurance and is impossible without ‘drastic improvements’ to flood resilience, says CII director of policy and public affairs
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AnalysisBrokers should prioritise ‘critical’ cloud security following largest ever DDoS attack
The attack on a Google Cloud Armor customer was equivalent in scale to receiving all of the web’s daily requests to Wikipedia in just 10 seconds
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AnalysisWill the UK government’s road to net zero strategy drive classic cars to extinction?
Classic cars could provide an alternative to electric vehicles as they are more sustainable then the general public may assume
