All articles by George McDade – Page 11
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NewsUK and global commercial insurance rates continue to fall
‘Mounting competition among insurers with ambitious growth targets is providing reduced pricing and broader coverage options,’ says president of global placement
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NewsUnawareness of crash for cash scams costing UK drivers
‘Crash-for-cash scams remain a serious threat to drivers across the UK, especially in cities like London,’ says head of customer care
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NewsSupply chain risks leaving UK construction firms exposed
‘The confluence of global supply chain disruptions, rising material costs, labour shortages and sustainability goals present a complex risk landscape for the UK construction sector,’ says portfolio manager
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News AnalysisLatest FCA complaints data reveals drop in motor-related disputes
Motor insurance – the second most complained about product covered by the FCA – saw a drop of 22,000 complaints lodged in the second half of 2024, reversing a trend of increasing complaints
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IT InterviewRichard Hartley: Digitising risk with agentic AI can expand the insurance industry
Chief executive outlines how he hopes artificial intelligence will unlock a larger, more resilient commercial insurance industry that is capable of addressing uninsured global economic losses
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IT InterviewNoel Sequeira and Tom Chamberlain: How data democracy is reshaping the insurance industry for the better
AI is reshaping insurance workflows across a wide range of roles, and many firms like insurtech Hyperexponential are betting heavily that customers will embrace the change
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NewsClear Group sees revenue and ebitda climb in latest full-year results
‘Our strategy is working,’ says chief executive
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News AnalysisTesla leads the slide as EV resale values drop
Petrol, diesel and electric vehicles have all lost value over the last 12 months, while hybrid vehicles have bucked this trend and stayed steady, according to a new report from Insurance Times and Percayso Inform
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NewsPolicyholders worried as extreme weather becomes the norm
’Baselines are shifting, records are becoming more frequent, and temperature and rainfall extremes are becoming the norm,’ says Met Office
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News AnalysisCracking foundations: How 2025’s summer drought is sinking UK homes
Hotter, drier summers are leading to an increased risk of subsidence damage to UK properties and – with population centres in south east England most at risk – insurers will be wary of climate driven dangers
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NewsHyperexponential launches new portfolio intelligence product
’[This] is a massive new product area for us,’ says chief product officer
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NewsCyber insurance market surges as threats diversify
With a cagr of 16%, cyber is one of the fastest growing insurance markets, driven by growing threat vectors and high-profile incidents
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NewsInsurers under pressure from tight timescales and resource constraints
’There are real opportunities to improve efficiency, embrace automation and ensure emerging risks are appropriately captured,’ says partner
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NewsConsilium announces senior leadership team appointment
‘I’m excited to join at such a pivotal time and look forward to helping drive its growth into new areas of speciality,’ says appointee
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NewsFall in pet insurance premiums begins to accelerate
‘With average prices now 2.6% lower than a year ago, it’s clear that market conditions are shifting,’ says product manager
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NewsSMEs warned of ‘serious consequences’ if not prepared for cyber attacks
‘Their lack of cyber resilience can have serious consequences, not only for their own organisations, but also for their supply chains,’ says head of cyber
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NewsE-bike boom exposes regulatory and insurance gaps
E-bike use is rapidly rising, but outdated rules and poor data collection is making insurance harder to deliver
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News AnalysisScheme brokers see double digit year-on-year commission growth – but momentum slows
Commission growth may be up year-on-year for major scheme classes, but this momentum has slowed and even reversed for some lines
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NewsUK MGA celebrates 17th year of double-digit growth
‘We are in an excellent position to continue scaling,’ says chief financial officer
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NewsVan premiums drop by 4.7% over last year
’The deflationary trend started as we moved into 2025,’ says analyst
