All Insight articles – Page 8
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IT InterviewIan Hughes: ‘Brutal’ changes set to hit insurance sector as FCA uses its teeth
The FCA’s pricing reform will initiate ‘a fundamental shift of culture’ – it’s imperative that brokers and insurers ‘lean in’, says chief executive
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News Analysis
Insurance2025: Personal Lines Keynotes, 2021
Firms’ differing interpretations and pace of change ahead of the FCA’s pricing reform deadlines could pose problems as the industry seeks to eliminate price walking
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IT Interview
James Reader: Covid-19 pandemic is ‘turning point’ for accelerating consumer trends
EOW (escape of water) risk management will provide ’opportunity to change the relationship’ between insurers and customers, from ’a grudge purchase to one where there is an ongoing dialogue’, says chief executive
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Features
Boosting business through benchmarking insights
Identifying areas for improvement in claims has become a differentiator thanks to Covid-19 and the whiplash reforms
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IT Interview
Andy Yeoman: Data-led approach is ‘entirely non-optional’
Insurtech boss says brokers are ‘gearing up strongly’ around data and analytics to maintain ‘competitive advantage’
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People & Opinion
Opinion: Broking leaders must consider succession snags
Howard Lickens, executive chairman of broking business The Clear Group explains the potential pain points for internal succession solutions and what today’s leaders need to consider ahead of their exit
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News Analysis
Travel insurance sector faces capacity concerns post-pandemic
As the travel industry gears up to reopen post-lockdown, a spike in claims could impact insurance capacity
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Features
Briefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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News Analysis
Government must take leap of faith to mend ‘gaping hole’ in cover for live events
Industry figures beg the government to seriously consider state-backed insurance scheme as the commercial insurance market for events cancellation is ‘unlikely’ to mobilise until 2022
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IT Interview
Ant Middle: Pandemic has been ‘fascinating period to take on leadership’
Chief executive says pride in the business has created momentum, while chief distribution officer applauds its bond with brokers
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IT Interview
Ageas to ‘double down’ on broker-led personal lines in new strategy
Chief executive explains how ‘there’s real opportunity’ for Ageas as it homes in on its ‘heartland business’ with brokers
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IT Interview
Woodgate and Clark to target organic growth after Quadra acquisition
The loss adjuster’s managing director believes there is room for growth in the mid-ranking loss adjusting arena
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IT Interview
Aston Lark boss Peter Blanc on mission to ‘build best broker’ amid acquisition spree
With ten acquisitions completed this year and counting, Aston Lark boss Peter Blanc tells Insurance Times the motives behind the broker’s spending spree and how he envisions the business developing
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Features
Briefing: Covid, capacity and poor insurer service continues to pose problems for brokers
Recent research compiled by Insurance Times and Close Brothers Premium Finance reveals what major challenges brokers are watching right now
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Features
Industry demands change to build sustainable construction PI market
Trade association believes historic liabilities following 2017’s Grenfell Tower tragedy will lead to current claims exposure for insurers providing professional indemnity within the construction sector
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Features
Briefing: We are all now worried about the FCA
Brokers are losing faith in the FCA amid rising fees and levies against a backdrop of carrier failures
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News Analysis
Industry must take ownership of SMCR rules to embed successful culture change
Now that the March deadline for insurance intermediaries to implement SMCR has passed, senior leaders must set the ‘tone from the top’ and look to employee behaviour
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IT Interview
Sabre has ‘been able to hold our nerve’ during pandemic lockdowns
The insurer’s chief executive says that putting prices up year-on-year was the ‘right stuff’, enabling the firm to now ‘stand still’ as its competitors scramble to implement price increases to mitigate Covid discounts
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Features
Regulation ‘bigger threat’ to brokers’ business than Covid-19
Brokers react as the FSCS supplementary levy turned the dial on increasing costs amid a landscape strewn with professional indemnity struggles and Covid-caused complications
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IT Interview
Inigo – the London market startup with ‘people and data’ at its core
Earlier this month, Lloyd’s reinsurance group and startup Inigo snapped up StarStone Managing Agency and Syndicate 1301. Now, its chief executive and co-founder Richard Watson tells Insurance Times the firm’s plans for 2021 and why people and data are vital
