Broker Software Platforms – Page 4
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News Analysis
Will appetite for UK broker schemes dwindle amid ‘stark drop’ in possible commission earnings?
One line of business presents a silver lining, however, reporting a 10% growth in brokers’ commission earnings as a percentage of premium between April and October 2022
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News
Insurance IT execs must balance ‘critical’ core system functionality with innovation - Guidewire
The firm’s chief executive, Mike Rosenbaum, described core IT systems as the ’heart and lungs of an insurance company’
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News
Insurance Times Awards 2022: Novidea is achieving ‘great traction in the market’
Ben Potts, managing director for the UK at Novidea, explains why he believes the company should win the Excellence in Technology - Distribution category at the 2022 Insurance Times Awards
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Analysis
Brokers embrace cloud technologies to ‘maintain competitive edge’
As more brokers look to use the cloud, there is the risk of a skills gap emerging, however
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News
Broker CEO Forum: Insurers must invest in broker service after pandemic ‘broke the back’ of service models
However, brokers must improve communications too as overall insurer service also reflects on their own businesses from an end customer lens
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News
Certua partners with global insurer on cover bundle for small scheme and programme business
The deal aims to help brokers find a solution in a market that has ‘become increasingly difficult to underwrite profitably’, says chief executive
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Research Centre
The Insurance Times Digital Adoption Report in association with Applied Systems launches today
Insurance Times and Applied Systems today unveil their joint Digital Adoption Report.
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News Analysis
In Focus: Have commercial lines brokers been slow to pursue digital transformation and what progress has been made in 2022?
Three industry experts discuss the progress of digital transformation in the commercial lines broking space
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News
Lloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive added that he was confident the initiative would make the market ’better, faster and cheaper’, but that vendor support was essential
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IT Interview
Q&A: Allianz removes ‘significant number of referrals and barriers’ to enhance brokers’ eTrading experience
Julie Tongue, digital trading manager at Allianz Insurance, shares her perspective on the key insights from Insurance Times’ Five Star Rating Report: ETrading 2022
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IT Interview
Colm Holmes: ‘Strong relationships’ with brokers is ‘a core part of our strategy’
Chief executive believes half-year growth in 2022 secures firm’s status as ‘the number one P&C insurer in the UK’
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News
Lloyd’s receives regulatory approval to establish second PCC
London Bridge PCC will expand the marketplace’s capabilities in line with its strategy
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News
Genasys Technologies appoints new CFO
New c-suite hire will help the insurance software provider target ‘international expansion’
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IT Interview
MGA Q&A: Brokers don’t receive a ‘computer says no’ response from MGAs – Touchstone Underwriting
Touchstone Underwriting’s managing director, Alan Roe, provides an overview of the factors impacting MGAs today and explains what his firm has been up to over the last 12 months
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IT Interview
Aventum Group embraces trading London market-based risks via digital platforms
Although face-to-face conversations are crucial in the London market, SME and some simpler risks can be traded through digital platforms ‘to make it easier for agents to access’
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News
Joint founders launch end-to-end platform to support delegated authority arrangements
The proposition aims be a ‘gamechanger’ for insurance industry players that are looking to remain competitive in a fluctuating UK market, says co-founder
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IT Interview
Q&A: Covéa set to launch ‘new and improved’ eTrading referral process this August
Ian Newman, head of SME strategy and development at Covéa Insurance, shares his perspective on the key insights from Insurance Times’ Five Star Rating Report: ETrading 2022
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Analysis
Insurers must tackle ‘computer says no’ approach as risks become ‘less standard’
Some brokers are now providing incomplete or inaccurate information to place risks quickly and at a ‘reasonable price’, says director
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News
Just Travel Cover buys London-based travel insurance scheme specialist from insurtech
Existing partnership moves to ‘the next level’ as part of ‘wider company growth strategy’
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Analysis
Digitalising brokers’ back office supports business model revamp
Insurance Times’ research pinpoints that back office tech is more of a focus for brokers than digital customer journeys – but some industry voices are sceptical as to the motivations behind this type of digitalisation…