All Issue archive articles – Page 18
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Analysis‘Very aggressive segmentation’ set to replace price walking as profit-making tool for insurers
With customers having less incentive to shop around following the FCA eliminating price walking, how can underwriters leverage data to offer discounts to their least risky customers?
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AnalysisBriefing: How the ESG agenda can help insurance be a driver for positive societal change
ESG took centre stage at Biba’s 2022 conference, with an interesting panel on sustainability and even a fully recyclable stand from Allianz - but how can the industry help drive real change in the world?
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AnalysisThe Big Question June 2022: How is the insurance sector progressing in its plans to achieve net zero?
Following a greater regulatory focus on firms’ net zero transition plans, Insurance Times asks the industry how its climate change strategies are progressing
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IT InterviewYonatan Hatzor: The parametric MGA focused ‘on a big problem and not a solution’
Fresh from success at Lloyd’s Lab, the MGA has ambitions to provide ‘a more holistic solution to cover any type of downtime’, says chief executive
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Analysis‘Only a matter of time’ until parametric insurance becomes the norm
Industry experts estimate that cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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IT InterviewThomas Stuart: Acturis encourages underwriters to be ‘bolder’ when eTrading with brokers
The software house’s insurance development director believes that if underwriters trade via straight through processing more, this would be ‘a significant step’ forward for the industry
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NewsExcitement builds ahead of Biba’s annual conference
After a three-year hiatus due to the Covid-19 pandemic, the trade association is back in Manchester with its annual conference, where Insurance Times will reveal its annual eTrading report results
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AnalysisHouse of Lords advocates more proportional regulation for London market
Inquiry calls for ‘broader reassessment of regulatory culture’ as current London market oversight is described as ‘inflexible’ and ‘unnecessarily complex’ by committee chair
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NewsBackchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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AnalysisOpinion: Hybrid ‘new normal’ yet to be clarified across UKGI
Editor Katie Scott discusses the appetite around industry in-person gatherings ahead of this year’s Biba conference
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AnalysisGap insurance fraud seeing ‘a huge uptick’
As whiplash claims have become less attractive to potential fraudsters thanks to the Civil Liability Act, could gap insurance become a new problem area?
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AnalysisIn Focus: What innovations are software houses releasing for brokers?
Industry commentators discuss what problem solving releases are coming from software houses and platforms in 2022
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AnalysisESG concerns look set to grow
’ESG reputation could become as important as product, service and price,’ says Allianz Commercial’s chief underwriting officer
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AnalysisUnderwriters ‘don’t understand the risks’ of EV accidents
Education and training are needed for all emergency services to reduce risks to consumers and first responders in the event of a car crash involving an electric vehicle
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AnalysisHow can the broking sector tackle the ‘significant headache’ of job vacancies?
Part of the solution to broker shortages lies with selling the idea of a career in the sector to university graduates and school leavers
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AnalysisIn Focus: Software houses must ‘champion’ smaller and regional brokers
Software houses must steer clear of ’the one-size-fits-all approach’ to tap into opportunity to ’champion’ smaller brokers and support business growth. Insurance Times explores how brokers and software houses can work together to ensure value for money
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AnalysisTinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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AnalysisBriefing: Why the UK is the insurtech innovation capital
The UK insurtech landscape is flourishing, boasting mega funding rounds and ongoing expansion - but what has prompted this shift?
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AnalysisThe Big Question May 2022: How can brokers and insurers improve their trading operations and relationships?
Insurance Times asks industry experts how brokers and insurers can better collaborate
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AnalysisWhat broker schemes are proved to be most profitable in 2022?
Although one line of business is head and shoulders above the rest in terms of boosting brokers’ schemes-based commission, the Covid-19 pandemic is still having an adverse effect on some schemes’ popularity and uptake
