Insurer Analysis – Page 7
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News AnalysisRise in litigation funding puts insurers on high alert
Litigation funding has the potential to ‘drive bad claims further than they should go’, warns law firm partner
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IT InterviewJo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
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IT InterviewRamesh Singh: ‘Watch this space’ as Aviva bolsters financial lines with new talent
The industry should ‘watch this space’ for developments in financial lines, says underwriting director
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News AnalysisBriefing: Discount rate may be first true indicator of insurers’ relationship with new government
Personal injury discount rate review could be telling for market participants amid Labour’s ambitions to reduce premium costs
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News AnalysisBriefing: As the FCA looks to simplify its rules, what does this mean for Consumer Duty?
’This call for input will help to ensure our regulation remains effective, streamlined and comprehensible, maximising the duty’s benefits,’ says regulator
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IT InterviewGeoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
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IT InterviewSarah Willoughby: Ecclesiastical ‘on track’ to achieve art and private client growth target
An important driver in delivering consistent year-on-year gross written premium growth is providing quality service and education opportunities for brokers, says art and private client business director
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News AnalysisWill the lithium-ion battery boom trigger an insurance bust?
The rising use of lithium-ion batteries is increasing fire risks, prompting potential policy wording changes. How will the industry respond to this new challenge?
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IT InterviewSerge Raffard: Allianz Personal sees ‘huge opportunity’ in broker relationships
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
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News AnalysisThe impact on insurance after faulty update causes global IT outage
’This is the most widespread global IT outage we have seen in 20 years of underwriting cyber risk,’ says department head
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News AnalysisInsurers play ball with large sporting events
With the Paris Olympics starting this week, Insurance Times takes a closer look at coverage trends and developments hitting the large sporting events market
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News AnalysisMotor repair network must accelerate EV focus to support Labour’s 2030 vision
Upon election, the new government may move to reintroduce the 2030 ban on new petrol and diesel car sales – but how will this impact the insurance industry?
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News AnalysisPet insurance sector can’t afford to let sleeping dogs lie where fraud risk is concerned
While the UK pet insurance market has grown rapidly in recent years, its ability to detect and combat fraud has not caught up – with the size of this problem not yet known
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News AnalysisBriefing: Addressing the insurance technology skills gap bottleneck after Girls in Tech bids farewell
’While the recent closures are a shame, it might also provide our industry and other sectors the opportunity to rethink how we work together to bring women together,’ says chief evangelist
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News AnalysisAre MGAs torn between Lloyd’s boxes and company-backed paper?
’While Lloyd’s is making progress, it still has a way to go before its offerings rival those of its competitors in the company market,’ says chief executive
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NewsAviva refuses to be complacent on eTrading service following record report result
The insurer believes that its eTrading evolution is ‘not a one and done’ project, which is why it boasts the highest five star score from broker partner research for the sixth consecutive year
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News AnalysisBriefing: London determined that digital transformation failure won’t come out of the blue
Those involved in Blueprint Two are determined to get the project over the line – however, market disappointment around delivery timetable is inevitable
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News AnalysisZurich UK promises brokers direct interaction with underwriters rather than ‘a robot’
Head of SME trading says insurer’s ’SME underwriters are empowered to make underwriting decisions in the moment’
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News AnalysiseTrading forms a ‘totally critical’ part of RSA’s market ambitions
’This is really the start of our journey. We’ve now got a solid foundation to really kick on from and improve,’ says commercial lines director
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IT InterviewTara Foley: Axa UK and Ireland strives to be the ‘go-to place for talent in the industry’
Alongside a focus on organic growth and technology, the insurer’s medium-term strategy sees it bid to become a ‘destination workplace’
