Broker Analysis – Page 4
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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
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News AnalysisThe Big Question December 2024: What trends do the UKGI market need to be cognisant of heading into 2025?
With the new year fast approaching, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2025
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News AnalysisBriefing: Is the FCA misunderstanding insurance fundamentals?
Regulatory investigations appear to be tightening the leash on insurance operations, despite the FCA’s bid to streamline its rulebook – but is the FCA missing the point on key practices within the market?
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News AnalysisJohn Warburton and Vicky Ferrier: Konsileo committed to ‘secret sauce’ as broker comes of age
‘Motivating people in an organisation just boils down to providing them autonomy, mastery and purpose,’ says chief people and commercial officer
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NewsAI helping underwriters spend more time in-person with brokers
’AI can help firms gain a competitive edge by removing admin from the underwriter, so they can spend more time in meaningful discussion,’ says managing director
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AnalysisBriefing: When competitors collaborate…
UKGI’s broker leaders dissected some of the sector’s most pertinent challenges at this year’s Broker CEO Forum
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News AnalysisHow can broker schemes help entice the next generation of hobbyists?
Certain passions, such as classic cars, have an ageing demographic of participants – yet broker schemes can support clubs in futureproofing much-loved hobbies
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News AnalysisAcquisitive brokers facing M&A supply shortages
As the supply of sizeable UK commercial brokerages is dramatically shrinking, acquisitors are being forced to seek targets overseas, or look at MGAs and wholesale brokers.
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News AnalysisOpinion: ‘Industry’ versus ‘profession’ – are we selling ourselves short?
Editor Katie Scott digs into the differences between these two descriptors and explores which best defines insurance
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News AnalysisHow can schemes transform brokers into ‘trusted advisors’ for UK SMEs?
Broker schemes have the potential to change insurance for SMEs from being ‘transactional’ to ‘relationship driven’ – however, chief commercial officer feels many market offerings need tech refresh first
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News AnalysisIn Focus: A gap in the HNW market for reputational cover?
As the reputational risks for high profile individuals increase, is the HNW insurance sector missing a trick?
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News AnalysisSME underinsurance is far from a small problem
SMEs and sole traders are a ‘significantly untapped market’, according to chief growth officer – however, the insurance sector must be more proactive when it comes to accident and health covers
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News AnalysisBriefing: Industry must pull together to tackle unsurprising record high broker stress
Heavy workloads, regulatory change and staff shortages are among the reasons why brokers remain so stressed and suffering from poor mental wellbeing, according to insurer research
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News AnalysisThe final frontier: Insuring the rise of space tourism
Although appetite for commercial space tourism is gaining more traction, a lack of historical data and uniform regulation leaves insurers interested in this line of business stalling
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News AnalysisBriefing: What career advice would you give to your younger self?
Reflecting on three defined career stages, opportunities abound in very different ways depending on a professional’s life stage
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News AnalysisLooming succession vacuum threatens future sector leadership
Broking businesses are facing a ‘talent crisis’ as progression routes into senior management roles are thin on the ground
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News AnalysisCould Labour’s 1.5 million homes plan spike construction insurance claims?
’We’ll get shovels in the ground, cranes in the sky and build the next generation of Labour new towns,’ says prime minister
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News AnalysisThe rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
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News AnalysisD&O cover complexities testing market as it seeks stability
’Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated and ESG claims are here to stay,’ says head of global financial lines
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News AnalysisPaul Anscombe: Seventeen Group’s independence means culture is the ‘number one priority’
After a healthy dose of M&A this year, the broker chief executive is keen to slow down purchases and showcase an organic growth focus alongside making larger, fewer buys
