Jonathan Zhao, global insurance leader and Hong Kong financial services managing partner at EY Advisory tells Insurance Times why Asia Pacific is leaving Europe behind on insurance innovation, why boardrooms are immobilised by AI and why UK insurers must stop looking inward.
‘If you’re in an area of low risk, there is a limit to how much you’re going to cross-subsidise for someone who is in a high risk area – that is a circle that’s hard to square,’ says partner
The latest instalment of the Insurance Times Commercial Lines Premium Index – released in association with Open GI – reveals that the last quarter of 2025 saw a 10.8% drop in commercial lines GWP, evaporating hopes of a market turnaround and marking five successive quarters falls
’It’s no longer a big bang change programme,’ says president
As the professional indemnity MGA celebrates its 40th anniversary, managing director Richard Turnbull reflects on mutual origins, growth and why underwriting discipline still trumps chasing premium.
In his first interview since his promotion, the loss adjusting boss outlines his priorities to build out specialism and ’technical specialty services’ as the firm’s central growth lever in an increasingly cost-conscious market
A surge of deals has triggered a new consolidation cycle that is redefining scale, competition and capability across the UK general insurance market. But questions remain around integration risk, broker dynamics and whether bigger will truly mean better.
Upskilling and continuous development is not something that should benefit the entire industry collaboratively rather than competed over, say roundtable attendees
Insurance Times’ AI Claims Report 2025/26, released in partnership with RDT, highlights the issues firms are having in their claims management processes, the technological steps they are taking to solve them and the degree of success the early adopters are seeing
‘The global economic landscape is unlikely to stabilise any time soon, so freight forwarders must be prepared for their customers to default,’ says managing director
In its 2026 manifesto, Biba proposed a UK cyber backstop to meet the risk of increasingly severe attacks and low cyber insurance penetration. But is this partnership feasible and could it effectively mitigate extreme systemic cyber risk?
Data from Insurance DataLab suggests that the FCA’s landmark regulation has not led to a measurable reduction in escalated disputes