All Features articles – Page 7
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FeaturesIn Focus: Biba’s Steve White commends broking industry for its resilience
Biba’s chief executive discusses upcoming challenges for brokers ahead of the trade body’s annual conference
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FeaturesJessie Burrows: ‘In a fast-changing world, doing nothing is a very dangerous strategy’
Embracing self-serve in the insurance industry will be essential moving forward
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FeaturesBriefing: Firms must show consistency to rebuild client trust
As the industry emerges from the tangle of policy wordings unraveled during the FCA’s business interruption action, the case for consistency from insurance businesses has never been clearer
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FeaturesBriefing: The complexity of the home working revolution
Home working sounds great, but it has risks
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FeaturesBoosting business through benchmarking insights
Identifying areas for improvement in claims has become a differentiator thanks to Covid-19 and the whiplash reforms
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FeaturesBriefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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FeaturesBriefing: Personal lines brokers face biggest challenge in FCA product crackdown
FCA product overhaul will lead to new working practices for large personal lines brokers
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FeaturesBriefing: Covid, capacity and poor insurer service continues to pose problems for brokers
Recent research compiled by Insurance Times and Close Brothers Premium Finance reveals what major challenges brokers are watching right now
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FeaturesIndustry demands change to build sustainable construction PI market
Trade association believes historic liabilities following 2017’s Grenfell Tower tragedy will lead to current claims exposure for insurers providing professional indemnity within the construction sector
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FeaturesBriefing: We are all now worried about the FCA
Brokers are losing faith in the FCA amid rising fees and levies against a backdrop of carrier failures
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FeaturesRegulation ‘bigger threat’ to brokers’ business than Covid-19
Brokers react as the FSCS supplementary levy turned the dial on increasing costs amid a landscape strewn with professional indemnity struggles and Covid-caused complications
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FeaturesBriefing: Pandemic impact on financial results is not over yet
Insurers’ 2020 full-year financial results show an economic landscape strewn with losses and colossal Covid claims costs. This will undoubtedly carry over into 2021 in some capacity, wrecking further trouble on balance sheets
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FeaturesOpinion: Root causes need to be wormed out if levy growth is to be stunted
Editor Katie Scott discusses brokers’ financial tight spot - escalating FSCS levy costs partnered with pandemic and Brexit uncertainty leaves many businesses between a rock and a hard place
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FeaturesBriefing: Goldman Sachs gives Aston Lark big firepower
Bank backing is unusual in the broker market, as private equity remains the dominant source of capital
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FeaturesIn Focus: New whiplash portal on the horizon – but are firms ready?
The countdown until the launch of the new Official Injury Claim portal has finally begun following February’s regulations – Insurance Times explores whether firms are operationally ready for the upcoming changes and what work is still left to do
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FeaturesKennedys IQ introduces enhanced ‘next level’ claims management solution
Using artificial intelligence, Kennedys IQ intends on ‘helping claims handlers shift from information gatherers to insight enabled decision makers’
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FeaturesIn Focus: What unintended consequences could follow the implementation of the Official Injury Claim portal in May?
After a number of delays, the deadline for the new Official Injury Claim portal is looming, industry commentators explore whether the new portal will hit the mark, or fall short for claimants
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FeaturesArdonagh ‘on cusp’ of solving BI issue before FCA test case halted project
In a call with media this morning, Ardonagh’s chief executive David Ross spoke about how an industry working group was ’on the cusp’ of finalising a solution for business interruption claims, but the FCA Supreme Court case put a stop to this
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FeaturesBriefing: Fraud red flag will remain for personal injury claims despite OIC portal launch
Personal injury fraud is ready for its next evolution as the countdown to 31 May continues
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FeaturesBriefing: Intact is excellent, but faces big challenge with RSA buy
RSA’s new owner Intact will need to woo brokers
