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A drier risk landscape – is UK insurance keeping pace with drought?
The Big Question: Why has UK broker M&A slowed – and what can UKGI expect next from acquisition activity?
Insurance Times cements new Pet Pledge partnership with Peia
Drones set to deliver net risk benefits – but sky-high human error claims costs must be mitigated
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News Analysis
A drier risk landscape – is UK insurance keeping pace with drought?
Drought is becoming a more visible feature of the UK’s risk landscape, driving rising subsidence losses, raising wildfire concerns and putting growing pressure on businesses and infrastructure. But while insurers are adapting their view of risk, evidence suggests awareness may be moving faster than action when it comes to buying ...
News Analysis
Chris Jones: IUA’s focus on underwriting expertise has become ‘more important than ever’
‘When you’re in those really difficult times, the actual underwriting expertise, the risk management expertise, the discipline and getting the contract wording right is absolutely essential,’ says chief executive
News Analysis
Kaspar Harsaae: Software platform founder to launch MGA as proof of concept
After spending two years building AI-powered insurance software firm Parasol Platforms, the founder concluded the best way to demonstrate his vision for true transformation was to launch his own MGA and prove the model works
Analysis
The Big Question: Why has UK broker M&A slowed – and what can UKGI expect next from acquisition activity?
With intermediary M&A deal volumes hitting multi-year lows, what is holding back dealmaking across the UK general insurance market (UKGI) – and what could potentially spur the next wave of acquisition activity?
News Analysis
In Focus: Can Burnham’s devolution plan solve insurance’s talent problem?
’For maximum impact we need to raise the profile of our sector nationally, but having a stronger voice locally would certainly give firms more opportunities,’ says head of people proposition
News Analysis
Kelly Madeley: Industry must ‘make insurance exciting’ to attract talent
Ki’s chief people officer Kelly Madeley believes the insurance industry needs to widen its talent pool, embrace different career paths and work collectively to show young people that insurance can be a career where they make a difference
News Analysis
UK insurer solvency remains strong but aggregate position slips
Insurance DataLab co-founder Matt Scott examines the latest findings from an exclusive analysis of market Solvency and Financial Condition Reports
News
‘Maintenance crisis’ brewing as UK’s towed vehicle fleet ages – UK Towing Safety Alliance
Breakdowns now make up over three quarters of towing related incidents on UK roads, as an ageing fleet offsets a welcome drop in road traffic collisions
News Analysis
In Focus: Talent attraction versus job opportunities – Where is the biggest people pinch point?
While outreach programmes and work experience initiatives are helping to showcase the breadth of insurance careers available, figures show that hiring rates have fallen. So, what is the biggest issue here – attracting young talent or creating enough opportunities for them once they are interested?
IT Interview
Charles Bush: Employee risk is ‘definitely higher up’ corporate agendas as ‘very significant’ losses start to stack up
The insurer’s head of commercial claims says that although employees are the ‘most important assets’ within an organisation, they are also ‘one of the points of greatest weakness’
News Analysis
AI-powered insurance shopping already rivalling brokers and telephone enquiries
New data from market research firm Consumer Intelligence suggests that AI has rapidly established itself as a new channel for consumers to shop for cover, already rivalling utilisation rates seen across brokers and telephone enquiries
News Analysis
ETrading enters ‘next phase’ as brokers demand speed and flexibility
Insurance Times’ latest eTrading research revealed how brokers are changing the way they trade digitally, with speed, flexibility and access to more complex risks emerging as key priorities
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England, BH1 1BZ - a USA Today company
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