Gallagher Analysis
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News AnalysisLondon looking positive but ‘this is no time for complacency’
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
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News AnalysisIn Focus: Are MGAs replacing traditional insurers and how are they differentiating themselves to grow market share?
Insurance Times asks industry experts how MGAs are standing out to supersede insurers and increase their market share
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News AnalysisUK insurtech sector ‘remains in most optimal place’ – Gallagher Re
An ’overcorrection’ in the insurtech sector has laid the foundation for a 2024 ’uptick’, says global head of insurtech
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News AnalysisTechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
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News AnalysisUK insurtech sector scoops silver for funding and deal count – Gallagher Re
After a ‘muted’ second quarter, the third quarter has seen a good number of deals and ‘there is no shortage of capital’ says global head of insurtech
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News AnalysisBriefing: Is the term insurtech still fit for purpose?
The term was initially used to describe insurance technology disruptors, but should it be made redundant as the sector shifts to a collaborative position?
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News AnalysisLight at the end of the tunnel despite ‘muted’ insurtech series A funding for Q2
The insurtech sector is going through a ‘correction process,’ says Gallagher Re’s global head of insurtech
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News AnalysisBriefing: D&O pricing may come down to a question of commitment
While pricing in this line is falling for customers, it is consistency they truly crave
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News AnalysisOngoing macroeconomic challenges prompt insurtechs to demonstrate their value
As profit margins continue to be squeezed in today’s difficult economic climate, the insurtech sector must ensure they are adding value through the propositions they are putting forward
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News AnalysisBriefing: Brokers likely to face a choice as top 20 dominance increases
The increasing concentration of market share among the sector’s biggest players presents the rest of the industry with a question
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News AnalysisTech Talk: Breaching the technology barrier to M&A by bringing insurtech firms in-house?
For larger brokers some do not know where to go in terms of technology as the landscape is very much driven by M&A
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IT InterviewJohnty Mongan: Cyber insurance harder to secure after shift in market
The cyber insurance market has transformed from ’a bit of a wild west to the smart cyber insurance race,’ says global head of cyber risk management
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News AnalysisSimon Collings: Market in transition as underwriters become more aggressive
The insurance sector is seeing signs that point towards ‘a market in transition’, says managing director
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News AnalysisIndustry pushing companies to recognise ESG impact on D&O risks
’Directors have a duty of care around a business’ impact on the community and environment and there is also the duty to maintain a high level of business conduct,’ says partner
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News AnalysisData holding back industry’s efforts to implement social mobility career strategies
While the insurance sector is aggressively addressing imbalances around gender and ethnicity in the boardroom, its strategy on social mobility is seemingly far less advanced – despite the war for talent
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News AnalysisInsurers urged to take a fresh approach to solicitors’ PI amid growing coverage concerns
Conveyancing remains a claims risk area amid today’s recessionary environment, however insurers’ appetite to provide solicitors’ PI cover is growing for firms that present a good risk
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News AnalysisBriefing: Could mass tech firm layoffs trigger ripple effect for insurtechs?
As more technology giants announce mass staff layoffs, could the insurtech sector see a similar trajectory?
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News AnalysisQuick thaw delivered major claims impact from UK cold snap
Freezing temperatures in December 2022 have led to a flood of claims submissions and enquiries as insurers brace for burst pipe bad news from policyholders
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News AnalysisBriefing: Underinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this an active decision, or has the insurance industry failed to properly communicate the risks of underinsurance?
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News AnalysisBrokers have ‘key role’ to unlock cyber cover options for SME market
Generalist, High Street and regional brokers must not ‘shy away’ from client conversations around cyber cover if penetration of this type of insurance is to improve
