AXA Analysis – Page 3
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Analysis
Law Commissions’ report relieves ‘major sticking point’ in autonomous driving liability debate
The report’s recommendations provide clarity on driver accountability, but some industry commentators believe there is still more to discuss
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Analysis
Briefing: Unwieldly regulatory compliance driving broker consolidation surge
‘The regulatory burden’ is causing consolidation at pace, but will ongoing government consultations help to give brokers the regulation respite they need to stand on their own two feet?
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Analysis
Insurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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Analysis
David Howden proven to be ‘an extraordinary operator’ following Aston Lark acquisition
Insurance Times speaks to the industry on Howden’s most recent purchase, which ‘on paper, looks great for all parties concerned’
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Analysis
Opinion: Report highlights post-pandemic leadership reshuffle
Editor Katie Scott mulls whether the onslaught of recent insurer boss changes will impact on business strategies for 2022, especially following the FCA’s final deadline for its fair value changes
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Analysis
Insurers face climate challenges from all sides amid fossil fuel dilemma
As COP26 approaches, insurers’ work to address climate change faces scrutiny while campaigners bid for insurance support to be withdrawn from fossil fuel commercial policyholders
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Features
October deadline for FCA GI pricing changes is ‘a rude awakening’ for brokers
The first batch of changes from the FCA’s pricing reforms are coming into effect at the end of this month, but industry commentators fear brokers won’t be ready
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Features
Opinion: Bottom lines boosted in 2021’s H1, but what does H2 have in store?
Many insurers have bounced back financially from the Covid-19 pandemic in the first six months of 2021, yet uncertainty around upcoming claims trends means bottom lines are not out of the woods yet
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Features
Electric vehicles prompt drive for data as underwriters define approach
The appeal of electric vehicles is on the rise - as are the numbers of these cars on the roads – but a lack of data and expensive repair costs are testing the industry’s response
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Features
Insurance sector needs to do more to attract talent from outside the industry
‘The outdated image of the insurance salesman has long gone’ as the sector works to engage talent with a focus on ‘future gazing’
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Features
Insurance sector still to demonstrate ‘meaningful change’ around diversity and inclusion
The Dive In 2021 festival will reveal a ‘big pool of talent that people don’t realise they are not tapping’
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News Analysis
‘More to be done’ by insurance industry alongside government’s ‘ambitious’ flood investment plan
Following the publication of the government’s Flood and Coastal Erosion Investment Plan last month, industry commentators explain what the report might mean for the insurance sector
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Features
Briefing: Test case was tip of the iceberg as insurers continue to wade through BI claims
Time flies when your claims function is inundated with business interruption claims – this week marks a year since the FCA’s initial test case hearing
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Features
Briefing: Industry ‘nervous’ about potential ‘avalanche of claims’ missing from OIC portal
At long last, the Official Injury Claim portal is here. Insurance Times’s Fraud Charter attendees reveal current concerns with its functionality amid low claims notifications
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Features
Etrading assists broker resilience, but delayed referral times cause frustration
Etrading rather than ‘e-transacting’ needs to be the focus moving forward if insurers and brokers are ‘to really develop a meaningful understanding of the business and opportunities’
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Features
Top five insurers ranked on underwriting performance – which is the most profitable?
The latest analysis of insurers’ SFCRs for 2020 has revealed that being the biggest business is not always best. Insurance Times and Insurance DataLab take a closer look at the financial results from the five biggest underwriters…
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News
Biba 2021: Day One
An expert panel at Biba’s conference yesterday debated the issues that arose from coronavirus-linked BI claims, and highlighted related upcoming issues
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IT Interview
Lucinda Charles-Jones: Doing the ‘right thing’ for employees will benefit customers too
‘Smart working’ will be as ‘transformative in the future of work’ as the introduction of computers
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Features
Briefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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IT Interview
Semi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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