Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director
’There is no doubt that climate change increases volatility, frequency and also severity,’ says senior director of product management
Insurance Times asks industry experts what impact parametric policies can have on climate-based claims processes
Although data science has been a huge help to the insurance industry, it brings its own risks too and insurers must ‘understand the risks rather than go in blindly’, according to data science lead
Experts at March’s Fraud Charter event discussed the appropriate response to the shifting profiles of those carrying out fraud
With natural catastrophes affecting all worldwide jurisdictions in some way, shape or form, reinsurer emphasises that steps must be taken now to implement change and reduce insured losses
Broking M&A is focusing on the extremities of the UKGI marketplace, with smaller firms being eyed up and the ‘consolidation of the consolidators’ potentially on the cards too, says co-founder
Brokers and MGAs investing in software that is new, improving a process or addressing an uncertainty could benefit from R&D tax relief
Since taking the helm, nurturing a pipeline of diverse talent has been one of the main priorities for Zurich’s chief executive
’What is important is that we have the data that allows us to make really good decisions and look for innovative solutions,’ says operations manager
The London market has an expceptional opportunity to cement its place as one of the world’s Sharia-compliant insurance hubs