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InsightInsurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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Insight
Briefing: One year since Supreme Court’s BI judgment, yet outstanding questions remain
Law firm reveals litigation around BI claims is still on the table for this year, especially as the FOS appears to be siding with insurers in the majority of BI-linked cases since last January
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Insight
Briefing: Five big issues facing insurance firms in 2022
It’s not just the FCA’s pricing and product reform that will be on the mind of the industry in 2022
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Insight
Briefing: OIC portal intention unfulfilled as LiPs still fail to engage with platform
Claims experts confirm that Official Injury Claim portal is not being used as intended, with representation levels high as new process is live tested on claimants
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Insight
SMEs conducting ‘severe gross exaggeration’ on claims has ‘gone beyond a joke’
Small businesses are still suffering cash flow constraints following the coronavirus pandemic, leading to potential claims exaggeration or high value vehicle thefts, reports fraud experts
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Insight
D&O risks in 2022 defined by diversity and Covid liabilities
Diversity-related suits could potentially be catastrophic’ following FCA consultation, says broker
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Insight
Remote working drives broker E&O claim leap
UK regional brokers must consider how they can better manage the move to a hybrid or fully remote working model amid increasing errors and omissions claims
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Insight
Opinion: Brokers’ value must be front and centre for 2022
Editor Katie Scott considers the last year and pinpoints what she thinks will be on brokers’ minds as the industry enters 2022…
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Insight
Briefing: Civil justice system is ‘taken for granted’, yet digital reform could be incoming
The chairman of the Justice Select Committee believes digitisation and a focus on single access portals could be the next focus for the civil justice system
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Insight
Insurance industry warned ‘Great Resignation’ will test management’s mettle
Amid the Covid-19 pandemic, staff are re-evaluating their career options. The demand for broking talent, in particular, is leading to ‘25% salary uplifts in counter offers’
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Insight
Briefing: LV= private equity takeover failed … good, we need mutuals
The UK needs a good mix of mutual organisations to service customers - it cannot always be about the money
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Insight
Renewal rules require brokers to re-examine proposition and go ‘back to the future’
The motor market is ‘a perfect storm’ ahead of the FCA’s pricing rules coming into effect – brokers will need to focus on ‘agility’ and ‘be service-related’ if they are to succeed post-January
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Insight
The Big Question December 2021: What is on the insurance sector’s wish list for 2022?
Insurance Times asks the industry what’s on its wish list for 2022 in the wake of the Covid-19 pandemic and an unprecedented 2020 and 2021
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Insight
In Focus: How can the insurance industry tackle ghost broking?
Experts on insurance fraud debate how the industry can tackle the ongoing issue of ghost broking in the wake of the Covid-19 pandemic
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Insight
Why Aviva and Ageas are insurers of the year
After being crowned at this year’s Insurance Times Awards, data insight service Insurance DataLab explores the figures behind Aviva and Ageas’ successes in 2021
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Insight
Briefing: UK needs system that ‘fully incentivises’ ADR
MP and chairman of the Justice Select Committee believes mediation is the future of civil litigation, so the UK must invest in a system that ‘incentivises’ alternative dispute resolution if it wishes to be ‘economic’
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Insight
Briefing: Has Solvency II impacted Gibraltar’s attractiveness?
Solvency II has changed Gibraltar. Can it continue to attract insurance firms?
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Insight
Price comparison websites are not driving fair value for pet insurance products
Although the pet insurance market poses opportunities for insurers and brokers, its challenges more closely align with the health insurance sector, rather than home or motor products
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Insight
Gibraltar presents rock solid case for insurtechs
Insurtech startups appear to prefer to set up shop from Gibraltar than the UK – Insurance Times takes a closer look at this trend, dissecting the pros and cons
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Insight
MP David Amess’ killing exposes gap in employers’ liability insurance
Could there be an opportunity for brokers to address a potential gap in employers’ liability insurance for MPs? Insurance Times finds out
