All The market articles – Page 5
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News Analysis
Cost of living crisis may drive ‘dishonest customers’ to opportunistic fraud – Ifed
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses the impacts of the cost of living crisis on opportunistic fraud
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News Analysis
‘All or nothing’ parametric policies can ‘cause problems’ despite benefits
The growth of parametric insurance propositions is undeniable, however there is a risk of legal disputes if policy terms are not crystal clear, says law firm partner
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News Analysis
MGAs have a bright future in UKGI
Insurance DataLab pulls apart findings from Insurance Times’ Five Star Rating Report: MGA market 2022/23 and its own MGA performance report to uncover why MGAs are seeing so much success with brokers
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News Analysis
‘Cyber and technology risks’ pose ‘key challenges’ for aviation sector
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
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News Analysis
The Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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News Analysis
Insurers urged to take a fresh approach to solicitors’ PI amid growing coverage concerns
Conveyancing remains a claims risk area amid today’s recessionary environment, however insurers’ appetite to provide solicitors’ PI cover is growing for firms that present a good risk
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News Analysis
Is it the end of the line for property insurance commissions on multioccupancy buildings?
The UK government has indicated its intention to ban managing agents and freeholders from taking commissions when arranging buildings insurance
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News Analysis
‘Insurers will have to rely on brokers’ if post-Brexit tax changes come to fruition
Brokers could see changes to their admin workload and trading operations as a result of Brexit
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News Analysis
The Big Question January/February 2023: How can insurance firms help SMEs amid increased business insolvencies?
As UK business insolvencies spike due to tighter financial pressures, Insurance Times asks industry leaders about what firms can do to mitigate the risk
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News Analysis
How 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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News Analysis
Cannabis: 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 Analysis
IFED is working to eliminate ‘blight’ of ghost brokers
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses how the unit has sought to tackle ghost broking
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News Analysis
Cost of fraud set to ‘snowball’ in 2023
Counter fraud experts say that the continuing cost of living crisis and economic turmoil in the UK will increase the danger of opportunistic fraud
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News Analysis
Why Aviva, Covéa Insurance and Zurich were named insurers of the year
After being crowned as market-leading insurers at this year’s Insurance Times Awards, Insurance DataLab explores the figures behind the trio’s successes in 2022
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News Analysis
Lloyd’s Blueprint Two is ‘not about delivering tech’ - it’s changing how the market does business
Confirmed delays to Blueprint Two’s roll out have been described as a ’blessing in disguise’, however
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News Analysis
Revealed: Who won at the Insurance Times Awards 2022?
With gold, silver and bronze awards across 36 categories, the winners from last night’s Insurance Times Awards have now been revealed
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News Analysis
Loss adjusters must use ‘skill’ to ensure sums insured are correct amid inflationary pressures
Inflation has driven up the cost of building materials, impacting the claims sector – but loss adjusters have a key communications role to play to mitigate underinsurance
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News Analysis
AI presents opportunity to show customers that insurance ‘values’ their data
Business operation leads should ensure that the implementation of artificial intelligence and machine learning tools is effective and targeted
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News Analysis
The Big Question December 2022: What are the challenges and opportunities for insurance firms in 2023?
With the new year on the horizon, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2023
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News Analysis
What will new regulations for appointed representatives mean for the industry?
The new AR regime is essentially ‘devolved regulation’, says managing director