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FeaturesBackchat May 2023
The Titanic sinking giving rise to regulatory changes, remembering fallen soldiers, fund raising and high flying client executives at high net worth brokers, what has the insurance industry been up to of late? You heard it here first….
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FeaturesIgnite’s in-house accelerator for startup brokers set to address gender gap
Ignite speaks exclusively to Insurance Times about the launch of its new in-house accelerator for startup brokers, which it hopes will address the lack of women in broking and insurance technology jobs
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FeaturesBruce Carnegie-Brown: Lloyd’s of London keen to grow Asia Pacific relationships
Lloyd’s identifies Singapore as ’gateway of choice’ in the Asia Pacific region
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FeaturesBrokers and LEI providers must ‘bridge the access to justice gap’ for personal injury claimants
Poor usability of the OIC portal and solicitors’ cherry-picking cases has left claimants in a vicious circle
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FeaturesInsurtech scale up aims to crack commercial lines
The insurtech is scaling up following the launch of its no code solution last month
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FeaturesRevealed: Who won at Insurance Times’ Technology and Innovation Awards 2021?
Find out who won at last night’s awards
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FeaturesFraud Charter: Online Injury Claim portal could be ‘fraud hotbed’ but figures down
The data from the new OIC portal could be a ’real positive’ for the insurance industry, but it needs to be handled with care
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FeaturesIn Focus: What are your concerns regarding the longevity and stability of capacity arrangements for MGAs?
Three industry experts discuss capacity arrangements in the MGA market, outlining innovative future options and current frustrations
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FeaturesIn Focus: Data is a ‘hygiene factor’ for MGAs, but claims handling lagging behind technological curve
The insurance industry is sitting on mountains of data – used wisely, it could be the silver bullet that makes an MGA successful
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FeaturesBriefing: Incoming Highway Code changes signal ‘potential growth area for fraud’
The ‘perfect storm’ of vulnerable road user claims falling outside of the OIC portal and a general lack of awareness around the proposed rule changes could create a new ‘target area’ for fraudsters
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FeaturesBriefing: Evergrande crisis shows fragility of system
Chinese property giant exposures cause concern
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FeaturesBrokers investing in technology set to continue as ‘face-to-face broking not fundamentally necessary’
Technology has been vital during the Covid-19 pandemic as the insurance industry embraced remote working, but will broker investment in technology continue?
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FeaturesGibraltar: Light touch regulator or rock steady market of the future?
Solvency II requirements have ‘levelled the playing field’ between the Gibraltar and UK insurance markets, according to exclusive insight from Insurance DataLab and Insurance Times
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FeaturesUnderwriters ‘better make the right automation choice’ or risk ‘serious systematic error’
Insurance Times explores how underwriters can successfully use automation, highlighting the challenges and benefits to be aware of
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FeaturesBriefing: ‘Radical fresh thinking’ is required to tackle ‘connected’ risks and protection gaps
The industry is facing ‘a battle to stay relevant in the face of systemic risks that look to be beyond the scope of traditional insurance solutions’, says law firm report
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FeaturesBriefing: MGAs shine in broker survey…but a big concern remains
MGAs shine in survey, but brokers do have concerns
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FeaturesTravel resumes post-lockdown – but what is the impact on fraudulent holiday sickness claims?
In the past, fake holiday sickness claims cost the travel sector ‘hundreds of millions of pounds’. Will coronavirus now contribute to this as holidaymakers once again venture outside the UK?
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FeaturesSpace tourism launches opportunities for insurance market
Due to being ‘at the very start of space tourism’, there is currently ‘a lack of data’ to inform underwriting – but there is demand for cover from ultra high net worth travellers
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FeaturesBriefing: Will ADS safety rating put brakes on government’s automated driving push?
Industry commentators still have questions around the safety of technology such as ALKS, however the UK government is eager to have automated driving on Britain’s roads this year
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FeaturesHow tapping behavioural science technology can help support vulnerable customers
Behavioural science technology could reduce uncertainty in the claims process as well as help unpick how to better communicate with vulnerable customers