All The market articles – Page 11
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Analysis
Property insurers fall to underwriting loss as Covid-19 and climate change hit hard
Business size affects insurers’ buoyancy in the property insurance market after 2020 brought business interruption claims and storm losses to firms’ doorsteps
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Analysis
CO2 crisis could spark fresh demand in supply chain cover
Climbing CO2 prices have put pressure on the national and global supply chain, subsequently affecting Covid-hit SMEs
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Analysis
What are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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IT Interview
Aston Lark finds ‘forever home’ with Howden
Howden Group boss, David Howden and Aston Lark’s group chief executive, Peter Blanc tell Insurance Times how the combined business aims to become a UK broking powerhouse
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Analysis
Sequel to expand insurance offering following acquisition of Ignite
The businesses plan to combine knowledge and expand their insurance offering
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Analysis
The Big Question October 2021: What M&A trends will the industry see in the next year?
M&A has been key for many businesses over the past 12 months, despite the economic squeeze from Covid-19. Insurance Times asks the industry to reveal what deal trends it expects to see in the year ahead
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Analysis
Green parts strike environmental and economic gold – so why are insurers holding back?
As the UK focuses on minimising CO2 emissions, the insurance industry can contribute and ’reset the goalposts’ around repair processes and parts manufacturing
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Features
Brokers investing in technology set to continue as ‘face-to-face broking not fundamentally necessary’
Technology has been vital during the Covid-19 pandemic as the insurance industry embraced remote working, but will broker investment in technology continue?
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Features
Gibraltar: Light touch regulator or rock steady market of the future?
Solvency II requirements have ‘levelled the playing field’ between the Gibraltar and UK insurance markets, according to exclusive insight from Insurance DataLab and Insurance Times
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Features
Underwriters ‘better make the right automation choice’ or risk ‘serious systematic error’
Insurance Times explores how underwriters can successfully use automation, highlighting the challenges and benefits to be aware of
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Features
Travel resumes post-lockdown – but what is the impact on fraudulent holiday sickness claims?
In the past, fake holiday sickness claims cost the travel sector ‘hundreds of millions of pounds’. Will coronavirus now contribute to this as holidaymakers once again venture outside the UK?
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Features
Space tourism launches opportunities for insurance market
Due to being ‘at the very start of space tourism’, there is currently ‘a lack of data’ to inform underwriting – but there is demand for cover from ultra high net worth travellers
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Features
Briefing: Will ADS safety rating put brakes on government’s automated driving push?
Industry commentators still have questions around the safety of technology such as ALKS, however the UK government is eager to have automated driving on Britain’s roads this year
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Features
How tapping behavioural science technology can help support vulnerable customers
Behavioural science technology could reduce uncertainty in the claims process as well as help unpick how to better communicate with vulnerable customers
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Features
Electric vehicles prompt drive for data as underwriters define approach
The appeal of electric vehicles is on the rise - as are the numbers of these cars on the roads – but a lack of data and expensive repair costs are testing the industry’s response
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Features
Insurance sector must tap into ‘powerful tool’ of PR to repair reputation
The Covid-19 pandemic hit the industry’s reputation hard – now, the sector is scrambling to get to grips with expectation gaps and marketing in a bid to boost customer relationships
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Features
Insurance sector still to demonstrate ‘meaningful change’ around diversity and inclusion
The Dive In 2021 festival will reveal a ‘big pool of talent that people don’t realise they are not tapping’
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Features
Top five Lloyd’s managing agents fall to underwriting loss as Covid hits hard
Insurance DataLab gets behind the numbers of Lloyd’s largest managing agents exclusively for Insurance Times – the stats show that coronavirus-driven losses are still sucker punching businesses
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Features
Insurance industry witnesses ‘large drop in appetite for terrorism cover’
While some companies are ‘burying their heads in the sand’, there is an opportunity for brokers to ‘play a critical role in educating their clients’, adds Burns and Wilcox head of terrorism
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IT Interview
Tim Bailey: ‘Consistent investment’ in efficiency and service has driven Zurich’s H1 success
UK chief executive adds that broker partnerships ‘have been working exceptionally well for the first half of the year’