All Issue archive articles – Page 23
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News
Revealed: Which firms came out on top at 2021’s Insurance Times Awards?
It was certainly a night to remember, with 36 industry awards being presented at a lavish ceremony in a swanky London hotel. But which firms were declared the evening’s winners?
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IT Interview
Andrew Johnston: Insurtech sector still on upwards trajectory thanks to incoming capital
But, sector expert has concerns that ‘insurtech’ label could constrict future investment if used too broadly or to encompass widely varied business models
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IT Interview
Matt Munro: Taking IGO4 to the next level
Insurance Times gets the low down on the broker boss and finds out more about the future plans for his firm, IGO4
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Analysis
Aviva likely to box clever if it chooses Lloyd’s entry
Opting to create a syndicate in a box could add another string to the insurer’s bow
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Analysis
Credit hire companies ‘on notice’ that they are in the crosshairs for defendants’ costs
After a road traffic accident-based case heard by Leicester County Court hit headlines this year, law firm partner emphasises that legal ‘rule change is a gift to insurers wanting to fight fraud claims’
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IT Interview
Incoming Hiscox chief exec plans to build on broker relationships and boost digitisation
The current CFO says no ’radical changes’ are on the agenda for 2022, but digitisation will impact how the insurer executes its overarching strategy next year
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Analysis
Where next for MCE following Gibraltar shake up?
MCE’s Gibraltar insurance arm is putting business into run-off. What does that mean for the Rushden-based company?
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IT Interview
Charles Manchester: Mum ‘can’t ask for a much bigger, better parent than Gallagher’
MGA chiefs plan to capitalise on ‘period of commonsense underwriting’ to expand their firms’ distribution, using ‘the resources of the Gallagher group to support us’
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Analysis
Parametric products will have role to play in closing protection gaps
Broker and insurer collaboration will be vital to create parametric ‘products that will meet the challenges of new risks and rising demand’
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Analysis
Opinion: Competition concerns thwart Top 50 Brokers switch up
Editor Katie Scott reviews some of the predictions around this year’s Top 50 Brokers report, also considering the acquisition that could change the lay of the land next year
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Analysis
Machine learning ‘is part of the answer’ in improving insurance services
MGAs are leading the pack to invest in machine learning, working to ‘deploy it far quicker into their distribution and into their business than insurers will’
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Analysis
In Focus: How will the increasing price yet declining availability of car parts affect the claims process?
Industry experts discuss how car part avaliability issues are affecting the claims process
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Analysis
In Focus: Petrol crisis fuels interest in electric vehicles
The push towards a greener future will see electric vehicles increasingly come into play, but the insurance industry still has more to learn about this mode of transport
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Analysis
What are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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Analysis
Opinion: Report highlights post-pandemic leadership reshuffle
Editor Katie Scott mulls whether the onslaught of recent insurer boss changes will impact on business strategies for 2022, especially following the FCA’s final deadline for its fair value changes
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IT Interview
Richard King: Ticker soon to become a unicorn amid latest insurtech partnership
Ticker’s founder and chief executive hopes to bring connected insurance to a wider market
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Features
Gibraltar: Light touch regulator or rock steady market of the future?
Solvency II requirements have ‘levelled the playing field’ between the Gibraltar and UK insurance markets, according to exclusive insight from Insurance DataLab and Insurance Times
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IT Interview
Brokers ‘play a massive part’ in HNW as clients ‘cannot get advice and knowledge with technology’
Ecclesiastical’s art and private client business director says underinsurance is still ‘prevalent’, so empowering broker partners to have informed conversations with clients is paramount
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Features
Travel resumes post-lockdown – but what is the impact on fraudulent holiday sickness claims?
In the past, fake holiday sickness claims cost the travel sector ‘hundreds of millions of pounds’. Will coronavirus now contribute to this as holidaymakers once again venture outside the UK?
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Features
Space tourism launches opportunities for insurance market
Due to being ‘at the very start of space tourism’, there is currently ‘a lack of data’ to inform underwriting – but there is demand for cover from ultra high net worth travellers