Broker Analysis – Page 5
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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News Analysis
The Big Question: How can brokers support directors to navigate new regulations and mitigate the risk of D&O claims?
Experts discuss how brokers can guide company directors through evolving regulations, offering strategies to mitigate the growing risks of directors and officers (D&O) claims
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News Analysis
In Focus: How can firms prevent their software from becoming legacy technology?
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
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News Analysis
Latest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
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News Analysis
Briefing: The MGA market is navigating a perfect storm on its growth journey
The MGA market is not just here to stay, but will continue to grow and thrive
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News Analysis
Broker networks ramp up distribution focus
’The ability to gain distribution benefits is a major driver for brokers joining networks,’ says director of policy and public affairs
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News Analysis
Richard Morley: The secret behind cost pressure-busting lower classic car premiums
’We still see a large percentage of our customers paying less than £100 – pretty cheap,’ says broking director
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News Analysis
Briefing: Let’s show, not tell, to attract vital new blood into UKGI sector
Tomorrow’s insurance industry is fully reliant on today’s professionals drawing in new talent and showcasing the opportunities on offer – the sector must dispel myths about boring insurance jobs
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News Analysis
Opinion: Are the days of generalist UKGI firms numbered?
Editor Katie Scott discusses the overarching structure of the UKGI market, commenting on the continued industry-wide drive to be increasingly ‘more specialist’
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News Analysis
Ukraine’s resilience poses questions for insurers for when the war ends
Contributor Jon Guy shares his perspective on how rebuilding Ukraine post-war could impact the UK insurance market, with finances, supply chains and resourcing likely to be in scope
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IT Interview
Chris Rolland: ‘Doing the right thing’ as a competitive advantage
’That flight to quality that we’ve seen across the insurance industry in the past few years has become more important, especially in travel insurance,’ says chief executive
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News Analysis
In Focus: Are cyber insurers prepared for BI claims after July’s global outage incident?
Head of claims reports that cyber is an ‘ever-changing’ risk and that there is more variety in how BI claims can now present themselves
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News Analysis
Briefing: Are you being served?
The role of the broker should be ‘to absorb complexity and convey simplicity’ – but today’s disconnect between customers and the profession provides a broadening challenge to achieving this aim
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IT Interview
Simon Lancaster: SJL Insurance seeks ‘to provide that link between broker and underwriter’
Chief executive outlines ‘fiercely independent’ wholesale broker’s organic growth trajectory, emphasising that the firm is ‘still very much a relationship business’
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News Analysis
Are there high stakes for AR networks following Aub and Movo Group deal?
Insurance Times considers the nuances of Aub Group’s recent investment into UK-based Movo, which sees the Australian parent grow the number of AR networks within its portfolio
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News Analysis
Briefing: FCA’s thematic review demands greater disclosure from industry
With claims service still flagging, the regulator has put its foot down in its latest report, claiming that the industry’s ‘failings have led to harm’
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News Analysis
Briefing: Schools, charities and public sector sees ‘more frequent’ cyber attacks in 2024
Cyber criminals seeking personal data phishing and ransomware opportunities are looking at tightly resourced schools, charities and public sector firms as targets
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News Analysis
Briefing: Industry has taken its eye off the travel insurance ball
Consumers assume a high level of understanding around travel insurance, however FOS data suggests that brokers still have vital work to do to bridge the knowledge gap and ensure clients are covered for all holiday eventualities
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News Analysis
Briefing: Insurers looking for clarity in a regulatory climate of change
The ‘onslaught of climate regulations’ could lead ‘to less disclosure and more green hushing’, says risk management association
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News Analysis
TechTalk: Crypto stock market crash could burst AI bubble for insurtechs
’The downturn in the crypto markets signals a period of heightened caution and strategic reassessment’, says chief operating officer