All Issue archive articles – Page 7
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News AnalysisInsurers face service questions as broker disquiet increases
As the world emerges from the Covid-19 pandemic, there is growing concern among UK brokers about the service levels they are receiving from insurer partners
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News AnalysisIn Focus: MGAs are undoubtedly ‘the sexy side of insurance’ - but what is driving their increasing relevance?
The advantages that MGAs can provide to the insurance sector in a rapidly changing world could help the industry stay relevant
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News AnalysisTechTalk: Unpicking insurtech’s female underrepresentation problem
Industry commentators cite ’a representation problem’ in the insurtech market - but how has this come about and what can be done to redress the gender balance?
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News AnalysisBriefing: Not enough female founders and chief executives in insurtech
The insurance industry has a long way to go to improve the lack of females in insurtech c-suite and technology roles
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News AnalysisWill appetite for UK broker schemes dwindle amid ‘stark drop’ in possible commission earnings?
One line of business presents a silver lining, however, reporting a 10% growth in brokers’ commission earnings as a percentage of premium between April and October 2022
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News AnalysisThe Big Question November 2022: How can brokers navigate cost of living client conversations amid insurers’ inflation hit rates?
Insurers are having to increase rates as a result of inflation, but end customers may struggle to pay these prices due to the cost of living crisis. Insurance Times asks industry leaders how brokers can navigate these conversations
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News AnalysisMGA financials under the spotlight
Insurance DataLab reveals the preliminary findings of its 2022 MGA performance report exclusively in Insurance Times, rating the performance of MGAs based on their financial performance
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News AnalysisAre UK brokers using data analysis as the ‘main driver’ for personal lines cross-selling?
The cost of living crisis could be a catalyst to spur brokers to tap into data and cross-selling opportunities as end clients carefully consider their finances and insurance providers
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News AnalysisIn Focus: How can MGAs entice insurers to provide capacity amid challenging market conditions?
Three industry experts discuss how MGAs can make themselves as attractive as possible to capacity providers amid hard market indicators
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IT InterviewRobin Hoekstra: Outworx plans to double in size by 2025 by continuing to serve UK brokers
Although already expanding in its native South Africa, chief executive confirms that the outsourcing firm has plans to arrive in the UK next year to better support broker customers
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News AnalysisBrokers have ‘key role’ to unlock cyber cover options for SME market
Generalist, High Street and regional brokers must not ‘shy away’ from client conversations around cyber cover if penetration of this type of insurance is to improve
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IT InterviewNeil McCarthy: MPR Underwriting achieves five star success thanks to ‘the quality of our staff’
Describing employees as the firm’s ‘biggest asset’, MGA managing director confirms he is not a believer in the value of eTrading for certain financial lines business
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NewsInsurers welcome High Court decision in Stonegate Group Covid-linked BI case
The pub and restaurant business is planning to appeal aspects of the court’s decision, while insurers have called the judgment ‘a positive outcome’
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News AnalysisValueSpace: The insurtech planning to improve insurers’ combined operating ratios by de-risking dams
The former Lloyd’s Lab participant believes dam failure can be classified as a black swan event
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IT InterviewDouglas Brown: Providing value for brokers is vital for Renovation Underwriting
The managing director attributes the MGA’s success to investment ‘in our people, our proposition and technology’.
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News AnalysisIsabelle Santenac: Insurance sector must throw its weight behind the green energy transition
However, the industry cannot abdicate its responsibility to protect the world’s current energy supply, says global insurance leader
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IT InterviewLike father, like son: Tim and Ben Smyth compare career trajectories as insurance bosses
Two key lessons that Ben Smyth learnt from his chief executive father include entrepreneurialism and resilience
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IT InterviewPaul Mang: Addressing big, evolving insurance risks is ‘meaningful work’
Guidewire’s chief innovation officer explains how technology and the risk landscape have changed following business models shifting post-pandemic
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AnalysisM&A in UK broking: Diversification grows in importance amid ‘diminishing supply’ of targets
Brokers looking to buy have a roster of new strategies, but are there enough UK M&A targets to satisfy their thirst for growth?
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AnalysisOpinion: The myriad roles of technology
Editor Katie Scott discusses the importance of the insurance industry keeping its finger on the pulse of digital developments.
