Broker Analysis – Page 6
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News Analysis
Briefing: Rampant regulation poses threat to D&O claim volume
Brokers must support company directors to ensure they are not ‘left to their own devices’ around incoming regulation, as implementation uncertainty can cause D&O claims
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IT Interview
Rob Corner: Dual targets organic and acquisitional growth in upcoming 12 months
Chief distribution officer at Dual UK, Rob Corner, explains what brokers can expect from the MGA in the coming year, as well as outlines key trends impacting the MGA market
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News Analysis
Industry grapples with ‘scalability challenge’ around generative AI
While many insurers and brokers are dipping their toes into the waters of generative artificial intelligence, the line between experimentation and successfully scaled use cases is blurred
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IT Interview
Paul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
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News Analysis
Briefing: As the FCA looks to simplify its rules, what does this mean for Consumer Duty?
’This call for input will help to ensure our regulation remains effective, streamlined and comprehensible, maximising the duty’s benefits,’ says regulator
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News Analysis
Briefing: Sector must do more to protect SMEs from cyber bullies
Simply waving a digital warning flag is not enough – the insurance industry must take more proactive steps to support SMEs with cyber protection
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News Analysis
How can smaller brokers attract the right talent?
Brokers of all sizes are keen to tackle ‘a skills void’ that has ‘picked up pace exponentially’ – but how can SME brokers, in particular, achieve this ambition?
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News Analysis
The Big Question: How would you describe Blueprint Two’s progress so far and is it on track to support the market efficiently?
Insurance Times asks experts about the progress of Blueprint Two and whether the digital transformation programme will be effective
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News Analysis
Briefing: Brokers and MGAs will vote with their feet if insurers continue to fail on claims service
Poor claims service must be rectified to avoid doing serious damage to the insurance industry, as policy T&Cs and premiums still lag behind prominent claims trend findings
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News Analysis
Briefing: Time for the industry to sink or swim around flood risks
Flood-related claims are on the up, heavily influenced by climate change and the uptick in named storms – the insurance industry must take a proactive stance on this risk to avoid drowning in high claims volumes
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News Analysis
Briefing: Cryptocurrency risk landscape is shifting – will insurers step up?
Insurers have steered clear of insuring crypto as it’s a volatile market – but following a recent deepfake scam, is it time to rethink this emerging risk?
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News Analysis
New research shows flexibility in working practices is vital in insurance sector’s war for talent
A full third of surveyed companies in the insurance sector did not mandate any days in the office according to the results of the UK Insurance Working Policy Report
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News Analysis
Consolidation leads to capacity squeeze in HNW market
M&A of high net worth focused businesses has created ‘one of the hardest markets’ for placing these specialist risks, says broker managing director
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News Analysis
Briefing: Winds of change blow at Airmic as risk managers seek discourse diversion
Contributor Jon Guy explores how conversations at the UK’s premier risk management conference have shifted from protection to prevention
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News Analysis
Briefing: SMEs and the election – where’s the detail?
Political parties must take the needs and challenges of SMEs seriously if the UK economy is going to achieve its growth ambitions – especially as many of these firms cut protective insurance cover to reduce costs
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News Analysis
TechTalk: A short history of eTrading – and its future in the market
’To me, eTrading is like water running through pipes – it’s a facilitator. Any modern insurer or broker now just expects it to be there,’ says managing director
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News Analysis
In Focus: Brokers ‘frustrated’ at lack of skills despite raising wages for appointees
’We are driving up wages and we’re not getting any better, competent people,’ says chief executive
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News Analysis
Signs of softening market in mixed bag results of broker schemes earnings
Insurance Times picks out the best and worst performing broker schemes using data provided by software provider SchemeServe
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News Analysis
Briefing: Next generation has opportunity to furnish broker mid-market as firm numbers dwindle
Despite Biba’s 2024 manifesto confirming that UKGI broker numbers are decreasing, demand for this service is still prevalent – future leaders must seize this opportunity
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News Analysis
Briefing: It’s not about which customers are vulnerable, but what you do about it
Are we asking the wrong question when we ask for clarity on who exactly is vulnerable?