Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
We can blame insurers for some of the ills we suffer, but to blame them for a client’s underinsurance is weak
’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director
Insurance Times asks experts about challenges brokers face and what can be done to mitigate evolving threats
’There is no doubt that climate change increases volatility, frequency and also severity,’ says senior director of product management
It’s simply not enough to be ‘on the high-street’ – it’s about being ‘in the high-street’, being embedded in the community and showing you are a force for good.
’The sentence we hear most often is ‘this world is not mine anymore’,’ says chief executive
Editor Katie Scott highlights the importance of insurers and brokers being on the same page when needing to communication premium increases to end customers
UK and Ireland chief executive believes ‘there is still a huge demand for advice’ from insurance ‘clients of all shapes and sizes’
’We’re creating new solutions where they didn’t exist before to help clients solve problems,’ says broker’s UK chief executive
’I would not be surprised if there [were] more internationals coming into the UK,’ says co-chief executive
With elections in 2024 set to introduce an additional dose of unpredictability into an already volatile environment, businesses need to prepare for and protect themselves against escalating political-related risks.