Story of the Day – Page 7
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News Analysis
Looming succession vacuum threatens future sector leadership
Broking businesses are facing a ‘talent crisis’ as progression routes into senior management roles are thin on the ground
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IT Interview
Amrit Santhirasenan: Hyperexponential growing organically amid AI revolution
’Technology has had massive leverage on different parts of society, but insurance is an area where it is still relatively early in modernisation compared to other sectors,’ says chief executive
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IT Interview
Ian Summers: Insurance firms should ‘do the simple stuff first’ with data journeys
’Long projects in technology have very bad track records,’ says global business leader
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News Analysis
Underwriters facing ‘hard time’ due to data increase
The ’ability to assimilate all of that knowledge and make sense of it is a really key challenge for underwriters’, says general insurance leader
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News Analysis
Would I lie to you?
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
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IT Interview
Robin Gilthorpe: Earnix continuing to grow organically as it deepens footprint
’Our goal is to make our customers’ businesses run better. Helping insurers to underwrite the right risks for the right prices and the right offers,’ says chief executive
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News Analysis
Could Labour’s 1.5 million homes plan spike construction insurance claims?
’We’ll get shovels in the ground, cranes in the sky and build the next generation of Labour new towns,’ says prime minister
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News Analysis
The rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
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News Analysis
D&O cover complexities testing market as it seeks stability
’Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated and ESG claims are here to stay,’ says head of global financial lines
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News Analysis
In Focus: Are software houses the future of eTrading?
RSA director notes there is a ’clear market demand for the job software houses do’
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News Analysis
Paul Anscombe: Seventeen Group’s independence means culture is the ‘number one priority’
After a healthy dose of M&A this year, the broker chief executive is keen to slow down purchases and showcase an organic growth focus alongside making larger, fewer buys
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IT Interview
Jon Dye: Hiscox is third of way through ‘strategy for profitable growth’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
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News Analysis
TechTalk: Uptick in chief artificial intelligence officers joining insurance c-suites
AI ’doesn’t fit squarely in technology [roles] because data is involved’, therefore more firms have begun hiring chief artificial intelligence officers, says chief executive
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News Analysis
What to do about homeowners shunning home insurance?
PCW confirms that home premiums grew 13% last year, leading consumers to search for savings shortcuts – but the insurance industry must still strive to combat underinsurance in this line of business
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News Analysis
The Big Question: How can brokers support directors to navigate new regulations and mitigate the risk of D&O claims?
Experts discuss how brokers can guide company directors through evolving regulations, offering strategies to mitigate the growing risks of directors and officers (D&O) claims
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News Analysis
In Focus: How can firms prevent their software from becoming legacy technology?
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
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News Analysis
Solvency ratios on the rise as UKGI market continues to face unprecedented pressures
Insurance DataLab co-founder Matt Scott dives into the the market’s latest SFCRs to draw out a number of trends
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News Analysis
Latest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
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IT Interview
Nick Line: ‘Better representation’ at senior underwriter level needed
Markel International’s chief underwriting officer talks attracting and retaining underwriting talent
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News Analysis
Broker networks ramp up distribution focus
’The ability to gain distribution benefits is a major driver for brokers joining networks,’ says director of policy and public affairs