All articles by George McDade – Page 5
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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
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NewsClaims handlers welcoming automation despite job security fears
‘Successful automation will empower claims handlers, not replace them,’ says deputy chief executive
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News AnalysisWhat 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
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NewsUK skills shortage blocking AI adoption – Allianz Trade
‘Bridging this skills gap will support the drive for innovation, productivity and long-term growth in today’s competitive landscape,’ says chief executive
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NewsInsurers urged to back nuclear fusion as commercial viability nears
‘Within the insurance market, there’s only a few massive opportunities that come through in any one single career to this size and scale,’ says underwriter
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NewsFinance and insurance sector sees £10m boost in government investment
‘If you miss out on securing external funding, you could risk losing your competitive edge,’ says expert
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News AnalysisThe risks and rewards of hyper-personalised insurance models
High quality data enrichment and AI supported risk assessments are leading to the hyper-personalisation of insurance, bringing a suite of pros and cons for industry professionals to navigate
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NewsPolicy Expert's profit before tax grows by over 500% in latest results
‘The combination of strong performance and customer satisfaction puts us in a fantastic position to realise our goal of doubling the size of the business within the next three to five years,’ says chief executive
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AnalysisRevealed – the best and worst gender pay gaps at UK brokers
Insurance Times reveals the gender pay gaps at the biggest brokers listed within its annual Top 50 Brokers report
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NewsCost of M&S and Co-op cyber attacks up to £440m – CMC
Lost sales, supplier disruption, legal and IT costs all contributed to the figure
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NewsMore brokers drawn to MGAs with emerging talent and innovation commitment
‘As the war for talent intensifies, MGAs with strong cultures will stand out,’ says managing director
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NewsEducation key to lessen impact of climate disasters on those uninsured – RSA’s Ken Norgrove
Chief executive says communication is key to reducing losses
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NewsThree UK insurers earn spot on prestigious best workplaces list
Firms on the list were rated by their employees as supportive of personal and professional growth
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NewsMore UK insurance customers warming to AI use in industry
Comfort with insurers’ usage of AI is growing, especially among regular AI users
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NewsCar insurance premiums continue ‘retreat’ from all-time high in 2023
’The current trend of market consolidation and fear of losing scale to a handful of mega-insurers may be a contributor as insurers continue to drop rates to remain competitive,’ says head
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NewsAllianzGI appoints former Citi executive as chief economist
‘He joins us with a rare ability to be able to marry a deep understanding of both European and global long-term economic forecasting with short-term data interpretation,’ says leader
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NewsStrategic clarity needed to guide increasing AI uptake – Hyperexponential
‘The insurers who succeed will be those who treat it as a company-wide objective, not just a department-led experiment,’ says chief executive
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NewsNearly half of brokers turn to MGAs first for non-standard risk
‘The feedback from brokers underscores the crucial role MGAs play in the non-standard insurance sector,’ says director
