All Suppliers articles – Page 55
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NewsBrokerFest 2023: FCA set to address fair value assessments and Consumer Duty at 2023 event
The one-day, London-based conference will kick-start with a detailed discussion on regulation
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NewsUK underinsurance crisis evident in 2022 - BCH
Buildings insurance valuation services company finds that for 75% of the instructions it received last year, the property in question was underinsured
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NewsHousehold premiums fall 6% year-on-year despite 2022’s extreme weather costs
The average price paid for combined buildings and contents insurance was £300 last year
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NewsInsurers must work together to improve consumer trust if they are to avoid outside regulation – ACSO
Insurers demonstrating that they can collaborate effectively on claims would mitigate the need for potential government involvement, says executive director
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NewsGoShorty recruits as it looks to go big in motor market
Managing director says the appointments ‘significantly strengthen our team’ and puts the firm ‘in a great position to execute our growth plan’
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NewsInsurers must seek to mitigate claims inflation – although there is ‘no simple answer’
Law firm identifies raft of new claim types hitting insurers, including gaming disorders and employers’ liability data breaches
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NewsYounger insurance customers prefer human interaction – Sollers Consulting
‘There is something about this online experience that is not speaking to the younger demographic’, says business architect
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NewsTechnology and data pose fresh challenges for insurance sector’s trust issues
’What might be good for business, will be devastating for trust’, says report author
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NewsDigital M&A marketplace insurtech launches in the UK
The insurtech aims to serve underserved and uninsured SMEs, which its co-founder says are ’the lifeblood of the UK economy’
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NewsJustice Committee requests evidence on impact of whiplash reform
The parliamentary committee wants to investigate the impact of governmental reforms
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NewsIsle of Man Financial Services Authority set to launch new innovation hub
The regulator thought the hub would be a ’nice way to formalise the relationship’ with insurtechs on the Isle of Man
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NewsRisk managers note concerns over sensitive data stored by cyber insurers
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however
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NewsPRA to consult on new rules to support struggling insurers
The regulator’s aim is to clarify the support available to insurers when they hit financial difficulty
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NewsReinsurers’ retreat leaves marine underwriters to sail alone in a sea of rising risks
Marine insurance trade association confirms the sector ‘has much work ahead’ if it wants to keep pace with ongoing challenges
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IT InterviewSimon Pickering: Technology must put the ‘customer and broker first’
The Isle of Man’s insurtech accelerator programme aims ’to protect and sustain’ insurance on the island, says head of insurance and pensions
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News AnalysisBriefing: Insurers debating ‘if they want to play’ in cyber market despite ‘huge protection gap’
With cyber cover premiums ‘up almost 200%’ in aggregate, cyber insurance could be a profitable area for insurers willing to dip their toes into constantly choppy and changing waters
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NewsConsumers with mental health conditions penalised when seeking insurance
Money and Mental Health Policy Institute has called on the FCA to stop firms from making pricing decisions ‘behind locked doors’
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NewsTractable and Verisk partner to reduce property damage claim settlement times
The duo hopes to support insurers in the face of ‘ever changing climate woes’
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NewsClose Brothers Premium Finance appoints top boss for UK and Ireland
The firm has also hired a new managing director to succeed Kemple, who has ‘market savviness and deep understanding of the broking environment’, says chief executive
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NewsTicker launches driving convictions insurance product
Drivers with convictions often have problems securing cover and this product aims to plug the gap
