All articles by George McDade – Page 4
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NewsCost 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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NewsNearly 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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NewsUKGI 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 AnalysisBrokers 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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NewsPeriod 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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NewsGlobal 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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NewsInsurance 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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NewsXceedance 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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NewsOne 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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NewsSurge 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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NewsBrokers 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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NewsMiller 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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NewsUK 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 AnalysisWhat 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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NewsPet 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 AnalysisNearly 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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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
