Interviews
Great businesses have greater value – Mistry defends broker consolidation
Brokerbility’s executive chairman Ashwin Mistry says that good businesses will always invest for the future, and that they should be rewarded for that in the valuation of their business when it is put up for sale
‘Future of insurance as insurtech’ more crucial than ever says Insurtech Board chairman
The future of insurance is insurtech and this is more important now than ever as the UK emerges from lockdown, according to the chairman of the Insurtech Board (Tech Nation UK).
‘There’s always misinformation and bravado around multiples’ says new GRP boss Mike Bruce
Despite the advantages of consolidation, Bruce added that this is still viewed negatively within the broking sector
Q&A: Price should not be viewed in isolation as more tailored policies become the norm post Covid-19 says Purbeck boss
Todd Davison, managing director at personal guarantee MGA Purbeck Insurance Services, speaks to Insurance Times about the ‘new normal’ post Covid-19 and why policies shouldn’t purely be price driven
Antilo – the MGA on a mission to use machine learning to better price risk
The MGA intends to help underwriters price risk more accurately using technology as well as bridging a “data gap” in telematics
Travel insurers are ‘obviously only dealing with squeaky wheels’ says Aquarium Software
Insurance Times speaks to Aquarium Software director Mark Colonnese about the ‘car crash’ travel insurance sector and how insurtechs can turn the Covid-19 pandemic to their advantage…
Traditional insurance does not have ’much shelf life left’, says Pukka’s Sam White
Industry multi-tasker Sam White on why brokers have an ‘important role’ to play in insurance
Opportunity to boost terror insurance penetration seen amid lockdown
The socio-economic pressure on UK society could lead to a spate of terrorist attacks post-pandemic but there are measures that brokers can take to drive the penetration of terror cover up for SMEs and help ensure they can recover should the worst happen according to Geo Underwriting
Insurtech offering brokers and underwriters PPL alternative sees business boom during Covid crisis
With Covid-19 accelerating electronic placing in the insurance industry, insurtech Whitespace is on a mission to help brokers and underwriters smoothly transact as its platform business is soaring
Law firms create interfaces for delayed LiP portal as its deemed ‘too complicated’
Some law firm’s have created their own technological interfaces to support insurers responding to claims or claimants filing one, Insurance Times investigates why
Q&A: Brokers understand customers who ‘don’t fit the standard box’ says ThingCo chief exec
Insurance sector is ‘going to be seen as uncaring’ as a result of Covid-19 outbreak
Insurers re-setting HNW boundaries to take advantage of higher premiums and margins
MGA Q&A: ‘Much of what sets us apart is not provided by the broader market’ says Nexus Underwriting
Barton/Reid warn of 'excessive consolidation at inflated prices'
Ki – the digital follow-only syndicate aiming to reduce the London Market’s expense ratio
Insurance market is on the back foot in dealing with Covid-19 pandemic says law firm partner
etrading Q&A: Insurers have a ‘key role’ to play in reducing e-trade complexity says Zurich
LexisNexis Risk Solutions UK boss says use of policy history information is ‘really rudimentary’
Loadsure reveals spot freight market plans after £1.1m funding
Hiscox Action Group pins hopes on Enterprise Act as it bids to force BI Covid-19 claims payouts
Employers versus brokers: Are workplaces a competing distribution channel or a new opportunity?
LeakBot aims to slash escape of water claims costs with self-installed device
GRP to plough ahead with ‘proven strategy’ despite Covid-19 headwinds
Morrisons wins landmark liability ruling for employee data breach
People Moves
Penny Searles returns to telematics in senior position
Penny Searles, founder of Wuneli and Smartdriverclub, has been appointed as non-executive director of telematics firm Trakm8.
PIB Group buys property broker to mark 30th acquisition
The move forms part of the firm’s ambitious 10-year growth strategy, centred around buying specialty businesses within the retail and wholesale markets
Aon confirms new UK chairman for global and specialty business
The new hire, who has 30 years of industry experience, will take up his position on 27 July
Saga to make 300 redundancies as pandemic impacts travel insurance industry
Saga’s staff at its Folkstone and Ramsgate sites are facing redundancy as Covid-19 continues to impact the travel insurance industry heavily, the over-50’s insurer has been contacted for further comment.
