All Suppliers articles – Page 66
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NewsPRA identifies improvement areas for GI losses
Some common gaps in data and modelling were also highlighted
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NewsManifesto 2023: IPT rate should be frozen
The financial burden on insurance buyers has grown significantly according to Biba, and IPT has reached a record high
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NewsManifesto 2023: Cost of living crisis heightening underinsurance is a ‘concern’
Standalone cyber insurance is one of the most common products where insureds opt to drop cover, according to Biba’s latest research
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NewsManifesto 2023: Biba calls for compulsory public liability insurance for e-scooters
The broker body has also taken aim at regulation surrounding automated vehicles
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NewsManifesto 2023: Insurers continue to allow ‘square pegs in square holes’ for eTrading - Biba
The broker trade body plans to work with insurers to deliver positive eTrading outcomes for brokers and end customers
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NewsManifesto 2023: Insurance sector needs time to prepare for ‘significant impact’ of Martyn’s Law - Biba
The broker trade body may compile a scheme to help its members action the new duty’s requirements
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NewsBiba launches 2023 manifesto with focus on risk management and stability
Executive director confirms that ‘stability is a key message’ that the trade association wants to bring ‘forward this year’, with focuses on regulation, financial resilience and enabling economic growth
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NewsAcrisure’s MGAM and consultancy launch insurance for independent midwives
The product aims to ensure that midwives are ‘comfortable and confident in accessing the services they need’, says service director
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News AnalysisHow is the industry faring ahead of the FCA’s Consumer Duty implementation?
Insurance DataLab provides exclusive analysis of the Financial Ombudsman Service’s most recent complaints data to see how prepared the industry is for the FCA’s Consumer Duty this July
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NewsDavies buys US claims management software firm
It will help strengthen both the solutions and experience Davies can offer on a global scale, says chief executive
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News AnalysisCannabis: A growing insurance problem
Tenants using residential rental properties ‘for the harvest of drug crops’ are ‘the biggest threat to private landlords’ – brokers and insurers must have this risk on their radar to combat rising claims
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News AnalysisIn Focus: How can the insurance sector mitigate increasing HNW subsidence claims?
Industry experts weigh in on the causes why high net worth subsidence claims are rising and discuss how best to respond to this risk
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NewsNFP snaps up UK-based health and safety consultancy
The broker will now integrate health and safety offerings into its business alongside its current products and services
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NewsBrokers need more transparency and consistency with ESG client data
Greater collaboration on ESG data between reinsurers and brokers is essential to move the industry forward
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NewsFCA’s Consumer Duty provides relief for professional indemnity insurance brokers
The new rules can be used to ensure insurers ‘do not engage in sludge practices such as drawing out the time taken to pay a claim unnecessarily’, says policy and public affairs director
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NewsBrokers key in ‘shaping London market’s destiny’ for 2023
The broker body intends to support the new PPL, which is set to be rolled out in February
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News AnalysisInsurers make brokers’ ‘life hell’ when dealing with professional indemnity claims
Improving broker and insurer relationships in the PI market include ‘getting back to the basics’ and investing in internal claims teams, rather than insurers ‘just hiding behind the broker’
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NewsLondon market must tap young professionals to drive modernisation plans – Liiba
The broker body will be creating a focus group to listen to the ideas of young professionals more closely
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NewsSuperscript enters growing drop-shipping market
By 2027, it is believed that the drop-shipping market is set to be worth £415bn globally
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News AnalysisBriefing: Cost of living crisis causing spike in accidental damage claims
The propensity for homeowners to submit accidental damage claims has increased as household budgets have been squeezed – but the industry must be alive to opportunistic fraud risks
