Insurer Analysis – Page 20
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IT Interview
Gill Nowell: Insurers can accelerate electric vehicle momentum
Head of electric vehicle communications believes insurers can help customers make ‘an informed choice’ about EV ownership
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IT Interview
Graham Gibson: Claims ‘crescendo moment’ set to reach climax in 2023
The current ‘perfect storm’ of macroeconomic conditions could lead to an increase in fraud, arson and claims costs, says insurer’s chief claims officer
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IT Interview
‘There is real value in insurers helping people get ahead’ of climate change-related risks – Aviva’s Adam Winslow
Plus, as the UK’s ‘power mix is changing’, Aviva is ‘looking at extending [our] renewables footprint’, noted the insurer’s UKGI chief executive
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News Analysis
The Big Question January/February 2023: How can insurance firms help SMEs amid increased business insolvencies?
As UK business insolvencies spike due to tighter financial pressures, Insurance Times asks industry leaders about what firms can do to mitigate the risk
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News Analysis
Cannabis: A growing insurance problem
Tenants using residential rental properties ‘for the harvest of drug crops’ are ‘the biggest threat to private landlords’ – brokers and insurers must have this risk on their radar to combat rising claims
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News Analysis
In Focus: How can the insurance sector mitigate increasing HNW subsidence claims?
Industry experts weigh in on the causes why high net worth subsidence claims are rising and discuss how best to respond to this risk
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News Analysis
Insurers make brokers’ ‘life hell’ when dealing with professional indemnity claims
Improving broker and insurer relationships in the PI market include ‘getting back to the basics’ and investing in internal claims teams, rather than insurers ‘just hiding behind the broker’
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News Analysis
Briefing: Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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IT Interview
Ryan Birbeck: Cyber cover set to be ‘significant focus’ for Aviva in next three years
Distribution director for regional brokers believes the insurer is currently ‘underweight’ when it comes to cyber insurance provision
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News Analysis
Briefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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News Analysis
Briefing: No new year joy for insurers as reinsurance renewals deliver little comfort
Predictions of a decline in the market’s reinsurance capability seem to have been well founded, says broker chief executive
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News Analysis
Lloyd’s of London expects 14.3% top line growth in 2023
Lloyd’s is forecasting peak inflation for the end of this year that will taper off next year, says chief of markets
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News Analysis
In Focus: Insurers must brace for property disrepair claims as CMCs’ interest is piqued
Counter fraud experts have seen cases where certain CMCs have encouraged vulnerable customers to pursue ‘exaggerated or unmeritorious claims’
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News Analysis
Why Aviva, Covéa Insurance and Zurich were named insurers of the year
After being crowned as market-leading insurers at this year’s Insurance Times Awards, Insurance DataLab explores the figures behind the trio’s successes in 2022
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News Analysis
Lloyd’s Blueprint Two is ‘not about delivering tech’ - it’s changing how the market does business
Confirmed delays to Blueprint Two’s roll out have been described as a ’blessing in disguise’, however
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News Analysis
Revealed: Who won at the Insurance Times Awards 2022?
With gold, silver and bronze awards across 36 categories, the winners from last night’s Insurance Times Awards have now been revealed
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News Analysis
Gerry Ross: Commercial motor sector still going through the gears in face of ‘systemic’ challenges
Historic data for pricing is ’no longer applicable’, says Allianz head of motor
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News Analysis
Briefing: Autumn Statement is not all good news for insurers
Insurers with international operations or that work from the London market may face an uphill struggle when it comes to implementing the government’s new Solvency II requirements
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IT Interview
Like father, like son: Tim and Ben Smyth compare career trajectories as insurance bosses
Two key lessons that Ben Smyth learnt from his chief executive father include entrepreneurialism and resilience
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Analysis
Briefing: Insurers face winter of discontent as sterling adds to claims woes
The ups and downs of the British pound gives insurers more to think about when it comes to claims costs