All Issue archive articles – Page 23
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AnalysisTechTalk: UK insurtechs to capitalise on US opportunities post-pandemic
Insurance Times explores why the US remains the ’most attractive global destination for UK insurtechs’
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IT InterviewRichard Coleman: Charitable ownership ensures ‘high standards’ at Ecclesiastical
UKGI managing director tells Insurance Times how having a charitable purpose ‘brings out the best in us’ as the insurer eyes growth in ‘areas where we have pretty low market penetration’
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AnalysisBriefing: Can insurance fraud prevention be measured?
Insurance fraud has the potential to be a ‘source of income’ amid rising living costs, so finding ways to measure fraud prevention is an increasing priority for the sector
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AnalysisWhen it comes to financial performance, does bigger really mean better?
Insurance DataLab reveals the preliminary findings of its 2022 Broker Performance Report exclusively in Insurance Times, rating the performance of different sized brokers based on their financial performance
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IT InterviewLee Mooney: RSA’s commercial lines business is ‘nothing without our broker partners’
RSA’s commercial lines managing director explains how the insurer’s three-pronged approach aims to improve broker service and encourage ‘growth mode’
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IT InterviewSarah Mallaby: Partnering with brokers on schemes is ‘a real bright spot’ for Axa UK
The insurer wants ‘to work with all brokers’, according to its distribution and trading director
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AnalysisBackchat April 2022
Emergency EV charging, a chief executive fashionista of high heels and more insurtech-born babies. What has the insurance industry been up to of late? You heard it here first…
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AnalysisOpinion: When will insurers’ broker service improve?
Editor Katie Scott questions why broker service from insurers still has not improved, despite consistent feedback from brokers that communications and decision-making have slowed
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AnalysisBrokers must not treat risk management as an ‘afterthought’
The ‘increased recognition of risk management’ should be welcomed by brokers, however those with a ‘simply transactional’ mindset may struggle to place risks, especially for SME clients
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IT InterviewSteven Mendel: US pet insurance market is still ‘very ripe’
Insurance Times speaks to ManyPets’ co-founder and chief executive about the pet insurer’s recent name change and move into pet health and wellbeing
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AnalysisInsurance sector can no longer turn ‘a blind eye’ to property cover commission impact on leaseholders
Industry experts and campaigners feel the FCA is not doing enough to protect leaseholders from opaque commission practices in property insurance
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IT InterviewPIB targets M&A in Europe because it is ‘just running out of opportunities in the UK’
Although not aiming for world domination, PIB Group does want to ‘build a volume business right across Europe’, says chief executive
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AnalysisOngoing Russia-Ukraine sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers decline risks in this market at short notice
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AnalysisAre usage-based policies set to disrupt the post-Covid SME insurance market?
Small business owners struggled during the pandemic amid high profile BI litigation, but brokers have also faced correlating service challenges
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AnalysisIn Focus: How can firms start to prepare for the FCA’s incoming Consumer Duty?
With the FCA’s Consumer Duty expected to come into effect from April 2023, industry experts debate how firms can best prepare for the new customer protection regulation
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IT InterviewFraser Edmond and Ashwin Mistry: ‘Something needs to change to move the market forward’
After years of frustration at Aviva, Fraser Edmond set up Broker Insights. The firm is now progressing with guns blazing and has recruited industry thought leader Ashwin Mistry. Insurance Times finds out what the duo have planned next
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NewsGetting serious about ESG
Insurers and brokers that undercut environmental, social and corporate governance standards will face ‘catastrophic’ consequences, according to industry roundtable
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AnalysisHospitality group BI judgment could signal ‘flood of further cases’ ahead
Insurers could still face ‘potentially significant’ claims exposure around BI policy interpretations, despite intention of test case judgments
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AnalysisIFED sees success combating low level insurance fraud using cease and desist notices
Of 48 notices issues over the first year of employing this strategy, only one fraudster reoffended. Temporary detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, explains the approach in more detail
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AnalysisCitizens Advice report reawakens underwriting and trust concerns for ethnic minorities
The latest findings from Citizens Advice has highlighted that bias is ‘baked’ into underwriting processes, meaning insurers ’are now on the back foot’
