Briefing – Page 2
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News AnalysisBriefing: Is underinsurance onus pushed onto policyholders to address?
Strategic planning director says it is policyholders’ ‘responsibility’ to ascertain building valuation information to avoid underinsurance, but is there an implication that brokers are not doing enough here?
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News AnalysisBriefing: Soaring EV sales spark new underwriting concerns over fire risks
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
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News AnalysisBriefing: Does the insurance industry have an ageism problem?
Survey findings from charity campaign pinpoint that detrimental assumptions about age are still proliferating workplaces – and insurance is not exempt
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News AnalysisBriefing: The great hybrid working debate – has flexible work models made service ‘non-existent’?
Broker managing director believes ‘hybrid models do not work’ as they have driven a ‘lack of service and output’
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News AnalysisOpinion: The changing face of the broker market as firms take stock of M&A options
With the broking mid-market feeling spacious after consolidation clean up, what opportunities are afoot as UKGI heads into 2025?
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News AnalysisBriefing: What is good – and challenging – across UKGI upon entering 2025?
Although recruitment, refinancing, M&A and compliance will keep UKGI brokers on their toes for 2025, the sector still has an awful lot to be grateful for
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News AnalysisBriefing: Insurers facing another fight to be heard as UK government launches AI campaign
Although embracing artificial intelligence is viewed as a necessity by the insurance market, the government’s intentions to accelerate adoption and usage has the industry feeling nervous
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News AnalysisBriefing: New Year resolutions brokers should stick to for 2025
Chief executive details three insurance linked resolutions for brokers this year, centred on adopting a longer-term view of risk and emphasising community ties
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News AnalysisBriefing: Do Musk’s comments on a ‘permanent shortage of excellent talent’ resonate in the UK?
It is common to bemoan the lack of talent in the technology sector, but does this result from a flawed approach to developing people pipelines?
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News AnalysisBriefing: Ifed celebrates 2024 custodial sentence success as it firms up 2025 operations
Tom Hill, detective chief inspector at the City of London Police’s Insurance Fraud Enforcement Department, rounds up the department’s 2024 activity and spotlights its focuses for 2025
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News AnalysisBriefing: Lloyd’s of London’s choice of chief executive will define its future
The choice of the next chief executive is most probably one of the biggest decisions the market has made in years
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News AnalysisBriefing: Major insurer snubbing LSE for Wall Street is setback for UK
However, following recent reforms, could the LSE prove attractive for other private insurers looking to go public?
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News AnalysisBriefing: 2025 shows little sign that the tide will turn
New year snowfall brings flooding front of mind for both the government and insurance sector – but how effective will resilience taskforce be?
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News AnalysisBriefing: What New Year’s resolutions should UKGI be making for 2025?
Brokers, insurers, the Lloyd’s market and the UK government have all got agenda items they want to see delivered in UK general insurance this year
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News AnalysisOpinion: Supercycle has fuelled ‘abusive’ returns for UK brokers – but has it also caused ‘complacency’?
Consultancy chief executive notes strong economic growth over the past 15 years has supported broker valuation boost – but warns that supercycle tide can’t keep brokers afloat forever
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News AnalysisBriefing: Management moves may highlight a deeper industry problem
One insurer has been heavily hiring alongside staff exits – but is this activity a microcosm of wider industry trends around talent retention?
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News AnalysisBriefing: Why is Aviva so keen on taking over DLG?
Aviva has secured a preliminary agreement with DLG over a potential acquisition
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News AnalysisBriefing: Does the government have its own discount rate expectations?
Although the insurance industry is positive about the amended personal injury discount rate scheduled to come into force, sector whisperings wonder whether the change forms part of Labour’s agenda to lower motor cover costs
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News AnalysisBriefing: Will the DLG board stay loyal to Winslow as Aviva goes on ‘charm offensive’?
DLG rejected a takeover attempt from Aviva, saying the offer ’substantially undervalued the company’
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News AnalysisBriefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
