Top News story
New OIC data reveals only 1% of claims settled
The insurance industry largely welcomes the new Online Injury Claim portal, but it is still early days as the data reveals that 4,331 claimants are unrepresented
Top Insight story
Michael Sicsic: FCA’s clamp down on price walking means industry needs to ‘get its act together’
Managing director says the complexity and difficulty of the FCA’s pricing rules may push smaller brokers to seek acquisitions from bigger firms
CFC secures significant investment from two private equity firms
The firm has grown its employee count over the past three years, establishing a global footprint with more than 500 staff located across the UK, US, Europe and Australia
Aviva appoints former RSA independent director as new non-exec director
The insurer’s chair says the appointment is ‘a valuable addition’ to the board
Sharp decline in motor claims following MoJ release of OIC data
For the year as a whole, just under 300,000 motor claims were registered in 2021 compared to 350,000 between June and September the previous year
MGA
New MGA 2021 ratings out now
View how brokers rate the service they receive from MGAs in this year's 2021/22 MGA Rating Report!
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
Briefing: Are capacity deals earmarking potential M&A?
Plus, broker reveals that MGA service is not all it’s cracked up to be
Briefing: Howden breaks ground with Aston Lark - but there are risks
Howden has become a huge player in the UK commercial market with its Aston Lark deal, but there are risks
Current issue
October 2021 issue
In this month’s edition: Broker admin fees and double charging comes under scrutiny following the FCA’s pricing reform, Insurance DataLab compares the UK and Gibraltar insurance markets, space tourism cover takes off and Aviva’s Gareth Hemming outlines his future plans
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
Ben Huckel: Insurtech’s ‘built for change’ IT solution addresses legacy issues
Insurtech aims to take pain and frustration out of IT adoption for the insurance industry
Ian McCarron: Broker was ‘scared’ yet pandemic provides ‘more positives than negatives’
Despite its annual premium eroding by 65% during the Covid-19-related lockdowns, the business is now ‘on track’ to achieve 30% ahead of budget
Partnering with startup insurtechs means ‘judging it on value’ and not a book by its cover – Covéa Insurance
Cloud-based microservices technology, compared to traditional monolithic systems, offers flexibility, says chief technology and information officer
Research and Special report
Broker Service Survey 2021/2022: How many stars do your insurer partners deserve?
The annual Insurance Times Broker Service Survey 2021/22 is now open to brokers nationwide. Brokers - how well has your insurer supported you during the last 12 months?
Preview: Top 50 Brokers 2021 Digital Edition
Which firm has claimed the top spot as the number one broker in the UK general insurance market? Insurance Times and Imas reveal this year’s broker rankings
Briefing: MGAs shine in broker survey…but a big concern remains
MGAs shine in survey, but brokers do have concerns
As things start to look brighter with the continuing rollout of the vaccine and a cautious roadmap to normality, we wanted to take this opportunity to update you on our upcoming events. Your safety and wellbeing remains of paramount importance and we will continue to review and refine our plans in accordance with UK Government Guidance going forward. Click here for more information and to read our latest statement.
3 November 2021
Royal Lancaster Hotel
More information
9 December 2021
Grosvenor House, London
More information
14 December 2021
Venue TBC
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more insight
Michael Sicsic: FCA’s clamp down on price walking means industry needs to ‘get its act together’
CO2 crisis could spark fresh demand in supply chain cover
Briefing: Are capacity deals earmarking potential M&A?
Briefing: Howden breaks ground with Aston Lark - but there are risks
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