Insurer Analysis – Page 14
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News AnalysisNew research shows flexibility in working practices is vital in insurance sector’s war for talent
A full third of surveyed companies in the insurance sector did not mandate any days in the office according to the results of the UK Insurance Working Policy Report
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IT InterviewAnt Middle: M&A will provide Ageas UK with ‘optionality for the future’
Chief executive eyes new product lines and M&A opportunities as personal lines insurer plots out its next three to five-year strategy
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News AnalysisConsolidation leads to capacity squeeze in HNW market
M&A of high net worth focused businesses has created ‘one of the hardest markets’ for placing these specialist risks, says broker managing director
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News AnalysisTechTalk: A short history of eTrading – and its future in the market
’To me, eTrading is like water running through pipes – it’s a facilitator. Any modern insurer or broker now just expects it to be there,’ says managing director
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News AnalysisBriefing: It’s not about which customers are vulnerable, but what you do about it
Are we asking the wrong question when we ask for clarity on who exactly is vulnerable?
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News AnalysisRevealed: Which firms won at the Claims Excellence Awards 2024?
There were some lucky double winners on the night, while other firms picked up their first Insurance Times Claims Excellence Award – was it you?
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IT InterviewNick Line: Markel arming underwriters with ‘right training and support’ to address exposed classes
Markel International’s chief underwriting officer underscores the ‘pivotal’ role of education and digital skills in empowering underwriters to navigate complex risk landscapes
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IT InterviewMike Reid: Sompo enters ‘growth mode’ with ‘a focus on the UK’
Despite being ‘a relatively young business in the UK’, the global insurer and its staff want ‘to be seen as experts in what we do’, says chief underwriting officer
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News AnalysisAre SMEs paving the way for cyber attacks on larger companies?
The relationship between a big business and partner SME can present ’a vast opportunity for hackers to infiltrate the larger business’ due to ’weaker security systems’ that are typically employed at small companies
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IT InterviewSonya Bryson: RSA seeking to ‘take home the crown’ with NIG integration
’We want RSA to more than the sum of its parts and, with no personal lines distraction, the focus is clear,’ says new commercial lines managing director
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News AnalysisIn Focus: What’s going on with claims service as FCA clamps down on Consumer Duty?
’There are more complaints coming in around claims,’ says director
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News AnalysisInsurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
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News AnalysisSteve Bashford: Arch’s strategy is bringing ‘London expertise to the regions’
’Our message is that we deal with brokers the way they want – we’re not going to force anybody to take an optimised trading route irrespective of premium size,’ says chief executive for UK regions
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News AnalysisBriefing: If claims is the shop window, I’m not buying
Industry must improve its communication with customers to mitigate flood of FOS complaints
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News AnalysisTechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’
Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager
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News AnalysisLondon looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
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News AnalysisConcerns raised that risks placed on eTrading platforms could ‘go too far’
’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director
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News AnalysisIncreasing natural catastrophe losses necessitate a resilience focus
’There is no doubt that climate change increases volatility, frequency and also severity,’ says senior director of product management
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News AnalysisIn Focus: How can parametric insurance policies improve processes for climate-related claims?
Insurance Times asks industry experts what impact parametric policies can have on climate-based claims processes
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News AnalysisThe double-edged sword of data science
Although data science has been a huge help to the insurance industry, it brings its own risks too and insurers must ‘understand the risks rather than go in blindly’, according to data science lead
