All Agenda articles – Page 13
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AgendaLemonade: Putting the squeeze on insurance
3-second claims disruptor’s ambition is not limited to the US
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AgendaInsurance Times Awards: Will gender diversity really make a difference to your bottom line?
McKinsey and PwC are measuring it
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AgendaAnalysis: managing the merger properly
Combining cultures successfully and keeping hold of the right people are among the biggest challenges when it comes to M&As
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AgendaNew management for Allianz Global Corporate & Specialty board
Allianz Global Corporate & Specialty (AGCS) have announced their its chief underwriting officer. Paul O’Neill, 53-years-old, will oversee AGCS’s energy, marine, aviation and entertainment lines of business, with effect from October 1. O’Neill, who is currently AGCS’s global head of marine and energy, will succeed Bill ...
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AgendaCovéa Insurance addresses homeworking with re-launched product
Covéa Insurance has re-released of a product, with an add-on including a policy designed to meet the demands of executives who run a business from home. The re-launch of Covéa’s Sterling Executive Home product will raise cover limits and add new covers for mid net worth ...
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AgendaMeerkats and ego massaging: psychology of the new market
With the smartphone making everyone’s attention spans shorter, insurance companies need to develop technology that makes consumers feel ‘at the centre of the world’ and appeal to emotions rather than rationality
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AgendaStart-ups on insurers: ‘It is like you are in a pinball machine’
Start-ups speak out on the difficulties and frustrations of working with insurance companies.
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AgendaInsurance force Lord Leach dies
Lord Leach, former deputy chairman and non-executive director of JLT Group, has died aged 82. Lord Leach was chairman of Jardine Insurance Brokers, latterly JIB Group, between 1988 and 1997. He was appointed deputy chairman of the company in February 1997. He was awarded a life ...
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AgendaAllianz to offer cyber consultation after new deal
Allianz has partnered with IT Governance, a global cyber security consultancy, to offer free online cyber risk assessment. The tool is designed to help businesses protect themselves against a potential cyber attack. Allianz’s commercial policyholders will receive a tailored cyber security improvement report through an online ...
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AgendaInsurers lack a ‘culture of innovation’, research says
Half of the members of risk managers’ association Airmic believe their insurers are “hardly innovative” or “not innovative at all” in developing relevant cover, according to research by Airmic. The report highlights that only 1% of Airmic members view their insurer(s) as “highly innovative”, and that ...
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AgendaAlmost two thirds of firms don’t have cyber insurance - survey
Nearly 64% of firms don’t have any cyber insurance, according to research by email security company Mimecast. The survey of 436 companies found that almost half (45%) of firms are unsure whether their cyber insurance policy is up-to-date. The research also found that 10% of companies ...
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AgendaBroker regulation fees rise – but it’s not all bad news
The regulatory bill for brokers is set to rise for 2016/17 – but it’s below the average for the past five years. The big worry is that FCA fees have become the largest part of the total fee package facing the hypothetical small broker
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AgendaInnovation blog: Insurance needs to win the Internet of Things War
Pegasystems European Insurance director Tony Tarquini on how the insurance industry must change its mindset or find itself relegated to the fringes by the innovators and disrupters
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AgendaInnovation blog: Insurtech trends are reshaping insurance
Chris Finney, partner at law firm Cooley (UK), on how peer-to-peer and crowd-sourced insurance are already making inroads into the industry
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AgendaBroker appetite for cyber could be cut by Insurance Act demands
The demands of the Insurance Act could result in non-specialist brokers steering away from selling cyber products, according to Biba. Speaking at the Insurance Times Cyber Charter, Biba corporate affairs manager Andy Thornley said that because the cyber insurance market was still in its infancy, brokers ...
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Agenda'Crash for cash' duo caught in the act
Two men have been sentenced after they were spotted by a member of the public staging a car crash in Keighley, West Yorkshire. Luke Gaughan and Sam Borbely, both 25, staged the crash in the early hours of 15 November 2014 near Keighley. Borbely parked his ...
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AgendaPRA Returns: Personal lines remain healthy for insurers – for now
Seven insurers analysed reported an average combined operating ratio of 99.7% for 2015
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AgendaSimply Business hackathon creates ‘Tinder for insurance’
Simply Business has created an app that allows commercial insurance customers to swipe through a short question set to generate an indicative quote. The product, internally named Swipe Me, is only at an early conceptual stage, but is already basing its user experience on the Tinder ...
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AgendaPRA Returns: Aviva top household performer
Aviva reported the best performance of the seven insurers analysed in 2015 for household insurance, with a 93% overall COR. This is despite reserve strengthening adding one percentage point to its current year COR of 92.1%. RSA and Direct Line Group were the only other two ...
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AgendaPRA Returns: Aviva top performer in accident/health
Aviva was the best performing insurer analysed for accident and health business, reporting an overall COR of 92.9% for 2015 after reserve releases shaved 1.2 percentage points off an already profitable current year COR of 94.1%. AXA was the biggest beneficiary of reserve releases, knocking 2.7 ...
