Story of the Day
News Analysis
The talent shortage is a ‘vicious cycle’ for loss adjusters
Loss adjusting talent crunch can have direct repercussions on claims processes – but what are the key challenges and how is the market looking to address them?
News Analysis
What 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
News Analysis
In Focus: Underwriting is the lifeblood of MGAs, but claims service must not be ignored
’Most MGAs aren’t huge and haven’t really got the infrastructure to manage claims. They’re focused on underwriting, so partnering with TPAs is critical to not having to worry about managing claims,’ says underwriting development manager
News Analysis
The risks and rewards of hyper-personalised insurance models
High quality data enrichment and AI supported risk assessments are leading to the hyper-personalisation of insurance, bringing a suite of pros and cons for industry professionals to navigate
Analysis
Revealed – the best and worst gender pay gaps at UK brokers
Insurance Times reveals the gender pay gaps at the biggest brokers listed within its annual Top 50 Brokers report
News Analysis
Digital transformation – small steps, big strides
Brokers don’t need a big bang to begin their digital transformation. By focusing on incremental progress and avoiding common pitfalls, they can start delivering meaningful change today
Analysis
In Focus: Are brokers relying too heavily on MGAs to place niche risks and is this impacting market competitiveness?
The rise of MGAs has transformed the broker landscape over the past decade, with a Prestige Underwriting survey revealing that 42% of brokers turn to MGAs as their first port of call for placing non-standard risks. But what are the implications of a potential shift into overreliance on MGAs and ...
News
Three UK insurers earn spot on prestigious best workplaces list
Firms on the list were rated by their employees as supportive of personal and professional growth
IT Interview
Trey Norman: Love Islander returns to insurance with a bombshell on the talent gap
’I don’t think we’ve got that flagship person doing the real hard yards – going into schools, doing forums and Q&As,’ says commercial executive
News Analysis
Insurers gearing up for changing motor trends
Increasing demand for motor insurance policies that cater towards flexible driving is fomenting market adaptation – but is this just a flash in the pan, or a longer-term trend?
News Analysis
TechTalk: When AI acts alone, who is to blame? Insurers confront the unthinkable
‘AI is beginning to have motivation of its own – that’s a different kind of risk,’ said senior law firm partner
News Analysis
The Big Question: What steps should UKGI take to inspire young people to embrace a career in insurance?
Senior leaders across the sector argue that insurance must be reimagined and rebranded for young people – not as a monolithic industry of admin and jargon, but as a dynamic, meaningful and diverse career landscape
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