Insurer Analysis – Page 5
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News AnalysisBrokers are ‘logical latecomers’ to AI use as ‘old guard’ believe in certain way of doing tasks
Multiple experts spoke at Insurance Times’ TechTalk Live roundtable, which focused on affirmative cover for artificial intelligence and the myriad impact this technology is having on policies and practices
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News AnalysisOpinion: Are brokers ducking ‘responsibility’ to tackle insurance fraud?
Insurer counter fraud expert calls out commercial brokers on lack of engagement in dealing with insurance fraud, emphasising that regulatory action may be the best way of inspiring greater anti-fraud collaboration
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News AnalysisMartin Hall: ERS targets next £100m GWP through mobility, AI and cultural continuity
‘We’re definitely part of the changing face of mobility,’ says managing director at ERS
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News AnalysisBriefing: Is pet insurance reaching a breaking point?
With record-level premiums and a rising number of complaints, pet insurance is facing some serious questions over Fair Value and customer outcomes
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News AnalysisIn Focus: The ‘very real challenge’ of MGA capacity amid soft market cycle – how can MGAs stand out?
’There is an inevitable pressure on firms to demonstrate how they can better manage their underwriting portfolios,’ says managing director
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News AnalysisBriefing: As Aviva completes DLG takeover, is more personal lines market consolidation on the cards?
The personal lines market is hotting up, with big players looking at acquisitions in this area
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News AnalysisWhat 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
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News AnalysisIn Focus: Underwriting is the lifeblood of MGAs, but claims service must not be ignored
’Most MGAs aren’t huge and haven’t really got the infrastructure to manage claims. They’re focused on underwriting, so partnering with TPAs is critical to not having to worry about managing claims,’ says underwriting development manager
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News AnalysisBriefing: Is the AI hype cycle now approaching its ‘slope of enlightenment’?
A focus on the practical upside of AI technology from UK insurance firms seems to indicate that the level of maturity around the technology has increased
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News AnalysisBriefing: Data without direction is just noise
Data collection must be driven by a purpose, to solve a set problem – otherwise, unintended consequences could cause issues for insurers
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NewsThree UK insurers earn spot on prestigious best workplaces list
Firms on the list were rated by their employees as supportive of personal and professional growth
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News AnalysisInsurers gearing up for changing motor trends
Increasing demand for motor insurance policies that cater towards flexible driving is fomenting market adaptation – but is this just a flash in the pan, or a longer-term trend?
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News AnalysisTechTalk: When AI acts alone, who is to blame? Insurers confront the unthinkable
‘AI is beginning to have motivation of its own – that’s a different kind of risk,’ said senior law firm partner
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News AnalysisYoung people are ‘looking for a commitment’ to a diversified insurance industry
‘We need to tell our stories better. Too many young women don’t see themselves in this industry because they don’t see people like them in leadership roles,’ says director
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News AnalysisSector must take counter fraud messaging and education ‘to another level’
Much more work is needed to truly educate the public on the dangers of insurance fraud – and Fraud Charter attendees agreed that this had to be collaborative
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IT InterviewMichelle Taylor: New role provides opportunity to ‘draw the dots’ and fill Aviva’s distribution strategy gaps
Expanding the insurer’s exclusive regional broker proposition and tackling the relationship ripple effect of broker consolidation are both key focus areas for the broker distribution director
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News AnalysisHigh hopes: Can insurance keep pace with the THC drinks boom?
With THC infused beverages growing in popularity in the US, Insurance Times explores the evolving risks, regulatory hurdles and insurance gaps in this budding sector
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AnalysisBrokers reducing panel sizes as an ‘unintended consequence’ of regulatory burden
’The FCA like healthy competition because it works in the interests of consumers, but if regulation is driving the opposite, then it’s time to look at it,’ says regulation director
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News AnalysisGender pay gaps at UK insurers revealed – the best and worst performers
Insurance Times investigates the gender pay gaps at the biggest insurers listed within its annual Top 50 Insurers report
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News AnalysisHNW homes at risk from underinsured wardrobes
’Revaluation should take place every one to two years, or upon major fashion market shifts,’ says head of private clients
