All The market articles – Page 16
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IT Interview
Broker service Q&A Covéa Insurance: ‘Our aim is to make our required return on capital’
Insurance Times speaks to Covéa Insurance’s director of distribution in personal lines Sue Coffey about the five service areas being explored in the broker survey
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IT Interview
Broker Service Q&A - Markel: ‘We didn’t batten down the hatches when Covid-19 struck’
Insurance Times speaks to Markel UK about the strategic developments over the last 12 months about the five service areas being explored in the broker survey
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News Analysis
Wide area damage principle is ‘question on everybody’s lips’ for quantifying BI claims
Following the High Court’s ruling in September on the FCA’s business interruption test case, Insurance Times explores some of the key areas that could impact on quantifying these coronavirus-related claims
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News
Revealed: Claims Excellence Awards 2020 – winners and reaction
Insurance Times is back with another glitzy virtual ceremony and mystery host, this time to celebrate the best of claims in the industry. Which three firms bagged two awards each? Was it you?
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IT Interview
‘Time is ripe’ for technology transformation says Kingfisher
The broker’s group director of transformation tells Insurance Times about its newest technology partnership and how the business plans to revamp back office functionality to support both staff and customers
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News Analysis
Court of Appeal ruling could have insurers revisiting their reserving for personal injury claims
Although the court may have rectified a ‘clear injustice for many disabled claimants’, the insurance industry will now have to pick up the price tag for additional accommodation costs in serious personal injury cases
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News Analysis
Price comparison websites ‘could be the real loser’ from FCA’s fair pricing report
Insurance Times explores how the regulator’s proposed measures to mitigate price walking could have an adverse effect on the use of price comparison websites
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News Analysis
The Big Question October 2020: How might a Covid-19 second wave and lockdown affect brokers that rely heavily on face-to-face networking?
The Covid-19 pandemic has seen the insurance industry’s conferences and networking events take a hit,with social distancing still in force as the UK faces a second wave and potential lockdown, innovation is still paramount. Insurance Times asks the industry how some brokers who rely heavily on face-to-face networking have ...
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News Analysis
‘Earth shattering’ - The FCA’s big plans to shake up premium finance
The proposed new rules could dramatically alter the income earned by insurance brokers
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News Analysis
Post-pandemic recession could spell more trouble for solicitors’ professional indemnity insurance
With renewals earmarked for 1 October and a possible economic recession ahead, solicitors’ professional indemnity is back in sharp focus, Insurance Times finds out why
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IT Interview
Covid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
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Features
Covid lockdown boosts industry’s prospective talent pool thanks to home working
Boris Johnson’s working from home initiative to mitigate the spread of coronavirus may have given the insurance industry’s recruitment drive a much-needed injection, as the siren call of home and flexible working has the potential to attract new, diverse talent
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News Analysis
FCA pricing report benefits customers – but is there more to it?
At face value the FCA pricing practices report benefits the customer, and while the insurance industry largely backs the proposals, there have been a number of concerns raised over its implementation
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News Analysis
Fraudulent claims could arise from Leighton Buzzard earthquake
Although some residents reported their houses were shaking as a result of last Tuesday’s quake, insurance professionals are taking a more sceptical view of property claims due to ‘very minor’ tremors
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Online only
Troubled Saga fights to turn the tide
Saga has a mountain of debt. It’s cruise and travel revenue has been choked off by Covid. Then it rejected a bid led by ex-Aviva boss Mark Wilson, instead opting for a share placing raise led by former chairman Roger De Haan. Will it be enough to steer the firm ...
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Features
Delegated authority agreements: What are the red flags and long-term fixes?
Delegated authority agreements have become a staple for many insurers. Insurance Times takes a look at the pitfalls to be wary of, the questions insurers should be asking and how to ensure these arrangements are successful
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Features
How telematics can serve the boat insurance market
Telematics guru tells Insurance Times how the boat insurance market could benefit from telematics as she reveals plans in her latest partnership and role as interim chief exec
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News Analysis
Insurtechs navigating the pandemic amid shifting consumer behaviour – stick or pivot?
Covid-19 has been hard on insurtechs, which have had to adapt to changing demands from consumers in lockdown. Insurance Times takes a look at how some have weathered the storm better than others and what it takes to make a business pandemic proof
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News Analysis
Insurance industry left to shoulder risk in Grenfell fire aftermath
How can you put a price on Grenfell? The insurance industry has been left to shoulder the risk of safety measures that resulted from the inquiry, despite building safety and standards further deteriorating for high-rise buildings.
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News Analysis
First half financial results littered with Covid-19 complications
Insurance Times looks across insurers’ H1 financial results, revealing the initial impact of the coronavirus pandemic on business bottom lines