All articles by George McDade – Page 11
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NewsBroker 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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NewsFraud 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
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NewsCar and home insurance customers save £100m as instalment costs fall
Consumer Intelligence suggest the fall was ’driven by increasing competition and regulatory pressure’
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NewsInsurance DataLab appoints two insurance veterans to advisory board
’Both bring extensive experience across underwriting, strategy and distribution,’ says co-founder
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NewsMotor premiums see rate of decline slow
‘The rate of decline is clearly losing momentum and we’re seeing stark differences across age groups and regions,’ says director
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NewsResilience, AI and innovation crucial for insurance firms’ survival – Alpha FMC
‘Sustainable growth will rely on balancing technological advancement with trust, customised solutions and regulatory adaptability,’ says global head
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NewsLaw firm issues brokers warning about Covid-19 BI claims
’For some businesses, there may be a long road ahead, so we urge brokers start talking to clients now,’ says managing partner
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NewsStrengthening resilience first step to closing the cyber risk protection gap
Cyber resilience is ’one of the most systemically important issues of our time,’ says chief executive
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NewsStrong support among brokers for MGAs’ role in niche markets
‘With many insurers withdrawing from certain classes of business, MGAs are increasingly central to brokers’ placement strategies,’ says senior claims manager
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NewsMcLarens UK launches dedicated subsidence team
’Subsidence is a specialist area, with insurers seeking a professional service that prioritises quality, technical accuracy and proactive decision-making,’ says leader
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NewsLV= announces £29m in member bonuses following 2024 result
’As a mutual, members come first,’ says chief executive
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NewsGenerative AI could enable 71% of working hours in the insurance sector
‘Generative AI offers a compelling opportunity to create efficiencies and significant growth across the insurance sector in the UK,’ says insurance lead
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News AnalysisBroker schemes data shows overarching commission growth stutter
‘The latest set of data presents a mixed bag,’ says SchemeServe chief executive
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NewsCommercial insurers view risk digitisation as key area for investment
‘Insurers that effectively harness and scale AI to digitise risk workflows will have an enduring and growing advantage in the years ahead’ says chief executive
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NewsMotorists see biggest annual fall in car insurance premiums since 2014
The trend has been largely driven by ‘easing claims inflation and frequency’
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NewsBrokers giving off ‘mixed signals’ over confidence in non-standard market
’The survey results paint a picture of a dynamic but cautious market,’ says managing director
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NewsInsurers and MGAs view lack of digitisation as a threat to competitiveness
However, not all firms are fully digitising their operations
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NewsClose Brothers Premium Finance announces senior management change
‘This new structure will enable us to better align our expertise, foster collaboration across the business and empower the teams as we pursue the business’ growth objectives,’ says chief executive
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NewsMS Amlin posts underwriting profit growth in full-year financial results
‘This performance reflects the fact that MS Amlin is able to deliver strong results, year after year,’ says chief executive
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NewsLeeds-based duo launch new broker
’I now have the opportunity to work closely with my childhood friend and it’s a dream come true,’ says co-founder
