All articles by George McDade
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News
Markel promotes for new UK head of technology
‘We are confident that under his leadership, Markel will continue to provide market-leading insurance solutions tailored to the evolving needs of technology businesses,’ says director of underwriting
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News
Aviva reveals drop in percentage of brokers actively recruiting
Aviva says the drop may be due to “stabilisation in the market, suggesting that many brokers have successfully filled their staffing needs”
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Cost of extreme weather and natural disasters around £1.55tn in last decade
‘Addressing the escalating costs of extreme weather and natural catastrophes requires collective and immediate action,’ says chief executive
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Nearly two thirds of insurers currently modernising core systems
‘The insurance industry is at a pivotal point where modernisation is no longer optional, but essential,’ says chief executive
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News
UKGI industry to reach £113bn by 2029, forecast says
’The sector anticipates steady growth but must adapt to emerging risks and consumer demands,’ says senior analyst
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News Analysis
Brokers reveal wish lists for insurer relationships
Regional presence, tech innovation and physical branches matter less to brokers, according to exclusive Insurance Times research
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News
Period homes cost over double modern counterparts to insure
‘People living in a period home, or those considering purchasing one, should be aware of the potentially higher insurance premiums that typically come with owning an older property,’ says expert
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Global commercial insurance rates fall for third consecutive quarter – Marsh
‘We expect the overall trend to continue and for insurer competition to intensify, barring unforeseen changes in conditions,’ says global placement president
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News
Insurance premium tax windfall sets record high for Treasury
‘The full-year IPT receipts to March 2025 indicate another significant increase for the chancellor,’ says senior actuarial director
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News
Xceedance appoints new operating leader for the UK and Europe
‘My goal is to enhance client satisfaction through exemplary service delivery and innovative solutions,’ says leader
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News
One in six motorists admit lying to cut insurance bills
‘It’s clear from our research that some motorists are taking drastic actions in an effort to try and reduce their costs,’ says chief executive
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Surge in broker demand across non-standard home and motor market
‘These findings reaffirm what we hear from our broker partners every day – non-standard is where opportunity lies,’ says managing director
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Brokers call on insurers to make more products available on software platforms
‘These results underline the importance of improving digital accessibility and usability in the commercial motor insurance market,’ says head of schemes
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News
Miller launches dedicated European delegated authorities team
‘As we continue to go from strength to strength, I’m excited to see our capabilities continue to evolve in this space,’ says head of delegated authorities
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UK insurtech raises $90m in latest funding round
‘Our ambition is to become a one-stop-financial-shop for newcomers, so they feel as though it’s easy to move to, and live in, a different country,’ says co-founder
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News Analysis
What are brokers most concerned about in 2025?
Key issues on brokers’ minds this year include price rises and the political climate, according to exclusive research from Insurance Times
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News
Pet insurance premiums continue to rise
‘This month’s figures highlight the nuanced nature of pet insurance pricing,’ says product manager
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News Analysis
Nearly half of brokers consider the regulatory environment in the UK insurance market ‘too restrictive’
Smaller firms without dedicated compliance teams find current regulations the most burdensome, according to exclusive Insurance Times research
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News
Broker Insights updates decision intelligence platform
‘Our primary focus has been on creating a scalable, unified infrastructure that supports rapid future development,’ says chief executive
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News
Fraud on the rise as Aviva reports fake claims up 14% in 2024
‘Investment in advanced analytics, machine learning models and continuous training for our people has significantly improved our fraud detection rates,’ says counter fraud leader