All The market articles – Page 2
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News
Industry must move on from identifying fraud via ‘particular profiles’ of fraudster
’Until we start hurting people in their pockets, they’re not going to stop doing this,’ says counter fraud expert
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News Analysis
Signs of softening market in mixed bag results of broker schemes earnings
Insurance Times picks out the best and worst performing broker schemes using data provided by software provider SchemeServe
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News
Ofcom provides fraud-specific Online Safety Act update
Counter fraud experts were told that fraud was ‘a priority harm’ in the regulator’s most recent consultation
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News Analysis
Brokers on the up despite challenging market
Insurance DataLab confirms the scores and metrics behind the brokers leading the UKGI market according to its newly launched Broker Performance Report 2024
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News Analysis
Revealed: Which firms won at the Claims Excellence Awards 2024?
There were some lucky double winners on the night, while other firms picked up their first Insurance Times Claims Excellence Award – was it you?
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News
Deepfakes and AI-powered fraud techniques may put the brakes on sector digitalisation
’There’s a bit of an arms race going on between fraudsters and counter fraud professionals in the use of AI,’ says head of fraud
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News Analysis
Complaints handling not up to scratch as complaints volumes soar
Consumer Duty has placed a greater spotlight on complaints data, however findings for UKGI show that ‘more than a third of cases’ are being overturned by the ombudsman
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News Analysis
Is carbon credit cover the next cyber market?
The carbon credit insurance market presents a ‘really exciting’ opportunity – especially as it could be worth up to £24bn by 2050
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News Analysis
UK dubbed ‘Wall Street of insurance’ as international interest in acquisitions grows
’I would not be surprised if there [were] more internationals coming into the UK,’ says co-chief executive
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News Analysis
Tackling opportunistic fraud requires ‘a measured approach’
Experts at March’s Fraud Charter event discussed the appropriate response to the shifting profiles of those carrying out fraud
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News Analysis
Insurance M&A continues to rise – but has it reached its peak?
Broking M&A is focusing on the extremities of the UKGI marketplace, with smaller firms being eyed up and the ‘consolidation of the consolidators’ potentially on the cards too, says co-founder
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News Analysis
The Big Question: How does the increasing integration of data analytics in insurance impact the war for talent?
AI and advanced data analytics are already making waves in the insurance sector. Insurance Times interviews five industry experts to delve into their perspectives on the significance of this technological transformation for the industry.
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News Analysis
Brokers reveal concerns about capacity for ‘under pressure’ MGAs
One broker highlights fears that MGAs may be looking ’to all sorts of weird and awful sources of capacity’
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News Analysis
What does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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News Analysis
Briefing: Tempting the broker leaders of tomorrow
Setting up shop as a broker has its challenges – however, fortune favours the bold and there are plenty of reasons why tomorrow’s leaders should consider our sector
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News Analysis
Briefing: Industry must show sexy side to win war for talent and ensure succession planning
If the UK insurance market is to retain its global standing and attract technology-minded staff, then industry-wide diversity strategies and a branding overhaul must be the focus for firms
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News Analysis
The Big Question: How can brokers stay updated on cyber security threats and offer effective risk management support to commercial clients?
Regardless of their size, commercial clients are facing an increasing number of cyber threats - but how can brokers help mitigate this evolving threat? Insurance Times asks six professionals how brokers can lead in this market
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News Analysis
Product recall insurance increasingly relevant as threat grows
’Often, the biggest concern for business is the reputational loss,’ says legal director
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News Analysis
The Big Question Jan/Feb 2024: How can property insurance solutions be developed to encourage green methods of construction?
Five insurance industry experts discuss the likes of timber risk appetite, building regulations and modular construction methods
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News Analysis
How is the industry faring six months on from Consumer Duty implementation?
Half a year on from the landmark regulation coming into force, Insurance DataLab takes a look at its impacts on the sector