’Revaluation should take place every one to two years, or upon major fashion market shifts,’ says head of private clients
Among the insurer’s key focuses for the next five years is developing further schemes propositions, building out its eTrading strategy and improving its regional distribution network
Although indemnifying policyholders following an insured event is the principal premise of insurance, insurers, brokers and MGAs alike are taking greater interest in risk mitigation and prevention strategies to help nip claims in the bud - but how prevalent is this trend and in what lines of business is it ...
The sector should ’never waste a good crisis’, says MGA distribution director
Motor and transport insurance remains the most complained about business line in UKGI, according to the FCA, with complex claims and repair delays fuelling frustrations
Markel UK has topped brokers’ commercial lines ranking for the second year running and a third time in five years, according to exclusive research from Insurance Times
The insurer’s international head of distribution believes the business needs ‘to whisper a little bit louder’ than it has done in the past to attract greater brand recognition and better promote broker partnership opportunities
ETrading ‘probably works 90% of the time, but the angst of that 10% is disproportionate,’ says chief executive
Exiting Esure owner is reportedly interested in buying another insurance firm – and is weighing up a huge investment opportunity
’You’ve got to be committed to the proposition because if you lose sight of what the broker wants, then you very quickly lose momentum,’ says recently promoted leader
As a clue, it is not technology that is hampering creative innovation and new ideas in the UK general insurance industry
‘If you’re an individual and you’re an underwriter, then you’re in a really good place at the moment because lots of people are wanting your services and they are paying very well for it,’ says managing director