Insurer Analysis – Page 3
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News Analysis
The spread of social inflation and its impact on insurance
’This is not ambulance-chasing companies, it is a much bigger social drive than that and we don’t see an end to that,’ says partner
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News Analysis
TechTalk: Is the cyber insurance world prepared for quantum computing?
’This is an incredibly complex area and the industry is going to have to spend a lot of time and energy to properly understand the risk factor that quantum may pose to business operations and security – and thus the impact on cyber insurance,’ says global head of cyber
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News Analysis
Ombudsman complaints reveal insurers are still struggling with claims
Customers must be placed at ‘the heart of the claims process’ if insurers are to instigate a turnaround in complaints, says market intelligence firm
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News Analysis
Ogden rate change causes overcompensation concerns for insurers
The government’s spring clean of the personal injury discount rate puts scrutiny on compensation see-saw, with market commentators dwelling on drivers for over and undercompensation
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News Analysis
The Big Question: Following M&A, how do leadership changes impact company culture and staff retention?
With M&A still a prominent feature of the insurance market, firms must take people considerations into account within these processes because senior staff exits post-acquisition can have organisational ramifications
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News Analysis
In Focus: What role do broker schemes play in supporting affinity and membership groups?
Membership groups often have very specific insurance needs that brokers seek to address through scheme propositions – but how is this approach beneficial for brokers?
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News Analysis
Briefing: Lloyd’s of London’s choice of chief executive will define its future
The choice of the next chief executive is most probably one of the biggest decisions the market has made in years
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News Analysis
Tackling ‘lack of understanding’ about insurance is vital in war for talent
Panellists and attendees at Insurance Times’ Broker CEO Forum 2024 discussed the need for ‘reimagined and redreamed initiatives’
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News Analysis
Briefing: Major insurer snubbing LSE for Wall Street is setback for UK
However, following recent reforms, could the LSE prove attractive for other private insurers looking to go public?
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News Analysis
Briefing: 2025 shows little sign that the tide will turn
New year snowfall brings flooding front of mind for both the government and insurance sector – but how effective will resilience taskforce be?
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News Analysis
Insurers need to redefine talent acquisition and upskilling strategies in 2025
Chief operating officer says that firms face an IT talent and skills shortage
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News Analysis
Briefing: What New Year’s resolutions should UKGI be making for 2025?
Brokers, insurers, the Lloyd’s market and the UK government have all got agenda items they want to see delivered in UK general insurance this year
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News Analysis
The risky transition to renewable energy
Without insurance, businesses will be unable to reach their net zero transition goals or become resilient in the face of the changing climate
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News Analysis
Briefing: Management moves may highlight a deeper industry problem
One insurer has been heavily hiring alongside staff exits – but is this activity a microcosm of wider industry trends around talent retention?
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News Analysis
In Focus: New public-private partnership opens door to new counter fraud capabilities
’The government did talk about whether they might be able to do something about minimum levels of sentencing for convicted fraudsters,’ says chief fraud and financial crime officer
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News Analysis
The time for telematics is now – but the industry must agree on education
Commentators concur that ‘now is the time’ for telematics to take centre stage for motor insurance provision as technology advancements innovate policy implementation
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IT Interview
Jason Harris: Connectivity, people and agility are the key pillars for QBE International
’Clearly, my predecessor did a fabulous job and a key goal was to keep the good things from his era. But, when he retired, it was time for a different approach,’ says chief executive
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News Analysis
Briefing: Why is Aviva so keen on taking over DLG?
Aviva has secured a preliminary agreement with DLG over a potential acquisition
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News Analysis
Why Ageas, Aviva and QBE were named insurers of the year at 2024’s Insurance Times Awards
Market intelligence firm Insurance DataLab explores the financials behind the big insurer winners from this month’s Insurance Times Awards ceremony, hosted by Claudia Winkleman
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IT Interview
Jo Sykes: Markel UK set ‘to invest in future growth’ for 2025
In particular, schemes with brokers will be a ‘focus’ for the ‘end-to-end’ insurer next year, says divisional director