‘If you’re an insurer without scale and not a specialist, that middle ground is a difficult place to inhabit. I suspect some of those insurers will get squeezed in a soft market,’ says chief broking officer
Market feedback has revealed that micro businesses of less than 10 staff could fall victim to buying commercial covers with a personal lines mindset, risking underinsurance and coverage gaps – how can the sector mitigate this?
’These are perils that we haven’t really taken seriously in the past, given the emphasis on the US market, and now there are increasingly unmodeled events,’ says underwriter
‘To look for new talent, we need to explore avenues we’ve never explored and that includes both ends of the socioeconomic spectrum,’ says chief executive
Will reinsurers move back to assuming broader treaty risks, or will insurers have to place their programmes on a class by class basis?
‘This confusion isn’t academic, it has real consequences for millions of Britons purchasing travel and health insurance,’ says chief executive
’The problems that these businesses are now having to solve are ones of financial and economic assessment that interfere with the supply and demand curve, rather than ones of physical production and distribution capacity,’ says head
Adam Harper, the Chartered Insurance Institute’s executive director of strategy, advocacy and professional standards, discusses the importance of identifying and addressing vulnerability
‘The real issue isn’t that reinsurance is too niche – it’s that we’ve failed to communicate its relevance and impact,’ says chief commercial officer
Over three years on from the introduction of the FCA’s GIPP rules, their impact may seem underwhelming, but is the scrapping of the “loyalty penalty” finally starting to have an effect on consumer behaviour?
Market intelligence firm pinpoints the best performing business lines in UKGI, while warning that the ‘diverging fortunes’ between firms’ expense and loss ratios can make or break sustainable profitability
With the industry’s war for talent often focused on attracting young, new talent into the marketplace, has specific training to fulfil c-suite succession vacuums by promoting middle managers fallen by the wayside? Industry professionals share their views…