Insight
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Insight‘Significant spike’ in tool theft claims poses fraud risk
With ‘the value of these individual claims getting higher’, insurance fraud experts must be alive to cost of living linked inflated claims from end customers and tradespeople
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Insight
Briefing: Brokers don’t have to be jack of all trades – it’s time to tap into insurtech
Furthermore, brokers can utilise data to disrupt other sections of the regulated financial services market, looking to offer adjacent services to clients, says network’s head of sales
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Insight
Briefing: Inflation to test industry and clients alike
Brokers must ready themselves for tough conversations if they are to nip potential underinsurance in the bud
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Insight
‘Only a matter of time’ until parametric insurance becomes the norm
Industry experts estimate that cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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Insight
Briefing: FCA backs Biba on FSCS levy reductions, but admits change ‘will take some time’
Despite some alignment in thinking, Biba’s chair still believes the regulator needs to take ‘a long, hard look at its own responsibilities and approach to our low risk sector’
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Insight
Briefing: How rising interest rates will impact broker acquisitions
Global M&A activity could be influenced by increasing interest rates and the dip in the dollar’s value
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Insight
House of Lords advocates more proportional regulation for London market
Inquiry calls for ‘broader reassessment of regulatory culture’ as current London market oversight is described as ‘inflexible’ and ‘unnecessarily complex’ by committee chair
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Insight
Opinion: Hybrid ‘new normal’ yet to be clarified across UKGI
Editor Katie Scott discusses the appetite around industry in-person gatherings ahead of this year’s Biba conference
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Insight
Gap insurance fraud seeing ‘a huge uptick’
As whiplash claims have become less attractive to potential fraudsters thanks to the Civil Liability Act, could gap insurance become a new problem area?
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Insight
In Focus: What innovations are software houses releasing for brokers?
Industry commentators discuss what problem solving releases are coming from software houses and platforms in 2022
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Insight
Briefing: LiPs not ‘disadvantaged’ by OIC process despite industry-wide concerns
Law firm argues that OIC portal process is not a ‘disincentive’ because LiPs are ‘clearly able’ to submit and progress claims
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Insight
ESG concerns look set to grow
’ESG reputation could become as important as product, service and price,’ says Allianz Commercial’s chief underwriting officer
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Insight
Briefing: Stable it may be, but London needs real modernisation momentum
Frictional costs in the capital are still too high, despite credit rating agency listing market positives
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Insight
Underwriters ‘don’t understand the risks’ of EV accidents
Education and training are needed for all emergency services to reduce risks to consumers and first responders in the event of a car crash involving an electric vehicle
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Insight
How can the broking sector tackle the ‘significant headache’ of job vacancies?
Part of the solution to broker shortages lies with selling the idea of a career in the sector to university graduates and school leavers
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Insight
In Focus: Software houses must ‘champion’ smaller and regional brokers
Software houses must steer clear of ’the one-size-fits-all approach’ to tap into opportunity to ’champion’ smaller brokers and support business growth. Insurance Times explores how brokers and software houses can work together to ensure value for money
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Insight
Tinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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Insight
Briefing: Why the UK is the insurtech innovation capital
The UK insurtech landscape is flourishing, boasting mega funding rounds and ongoing expansion - but what has prompted this shift?
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Insight
The Big Question May 2022: How can brokers and insurers improve their trading operations and relationships?
Insurance Times asks industry experts how brokers and insurers can better collaborate
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Insight
Briefing: Climate change transition planning is likely to be a task and a half
Although the government’s new taskforce is promising ‘gold standard’ guidance for net zero transition planning, small supply chain vendors may be the hiccup for listed firms’ success
