All articles by Katie Scott – Page 18
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AnalysisBriefing: Are insurtechs sustainable?
Industry voices are flagging concerns that insurtechs are not working to solve current industry challenges – but what is driving these discussions and can anything be done to change this view?
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News‘Incumbent’ that brokers and insurers work together to combat underinsurance – Allianz
Industry has ‘a huge responsibility’ to mitigate inflation-driven underinsurance and ensure that certain risks do not ‘become uninsurable’, says chief executive
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AnalysisBriefing: Are insurtechs really innovating, or just playing technology catch up?
The pandemic caused ‘a lot of sacred cows’ to be ‘killed’ as digital trumped in-person interactions, but are insurtechs really at the cutting edge of technology, or simply helping insurance catch up to more digitally savvy sectors?
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IT InterviewSteve Gaywood: Cost of living crisis sees insurance customers ‘game the system’ and turn to fraud
Although consumers may be tempted to ‘cut corners’ when it comes to their insurance provision, this will only lead to ‘a false economy’, according to head of counter fraud
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IT InterviewColm Holmes: Allianz wants ‘to be number one’ in eTrading
The insurer’s chief executive wants ‘to be the best’ at digitally trading with brokers, aiming to have ‘80% of risks priced within an hour and digitally delivered to a broker’
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NewsPCWs have ‘moral responsibility to support fair value’, but they must take ‘huge risk’ to stand out
Insurers have also had a slow start in undertaking fair value assessments, which will have a knock-on effect on brokers’ workloads, says compliance expert
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NewsBrokers must look to their business models to combat costs of regulation
Compliance expert explains that ‘a lot of brokers don’t understand the value of their time’
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NewsM&A activity in the MGA market is not fuelled by private equity – MUM
Plus, data is becoming increasingly important as it provides ’some real insight into your numbers’, which insurers want, says chief executive
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NewsStuart Reid takes on third non-exec director role with specialist MGA
Reid believes the firm has ‘huge potential’ and will help brokers ‘to cement their role as clients’ risk advisors’
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AnalysisBriefing: More insurers need to think outside the box to mitigate cost of living crisis
Insurers must step into the breach once more to support consumers – but how many are actually willing to reduce monthly installment plan premium uplifts?
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NewsDigitalisation drives ‘personalised’ and ‘trusted’ industry future, says BrokerFest keynote speaker
Axa Retail boss set to discuss the insurance sector’s digitalisation journey at industry-leading conference
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AnalysisOpinion: Value add support services must be promoted to avoid cover corner cutting
Editor Katie Scott discusses the role of insurance firms and risk management amid current inflationary pressures
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NewsPanellists to urge brokers to examine ESG credentials more closely at BrokerFest 2022
Expert panel prepares to talk through insurance sector’s role in the UK’s route to net zero at industry-leading conference
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AnalysisBriefing: Broker consolidation debate set to heat up at BrokerFest 2022
Panellists prepare to discuss the pros and cons of consolidation on the broker market, exploring whether it is a ‘natural culmination point’ or a survival tool
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News‘Digestible’ innovation around systemic risks to be discussed at BrokerFest 2022
Systemic risks present a ‘growing credibility gap’ for the insurance sector that must be addressed, says broker leader
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News‘One size doesn’t fit all’ when it comes to broker consolidation – The Clear Group
Consolidation is a ‘natural feature’ of the broking market to ‘allow succession’, says executive chairman
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NewsThe Clear Group buys ‘real prize’ London broker to ‘get greater critical mass’
Broker’s executive chairman speaks exclusively to Insurance Times, detailing the drivers behind its second largest acquisition to date
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NewsLMG identifies six metrics designed to secure London market’s global competitiveness
The trade body outlines ‘six priority initiatives’ through which the insurance industry’s ‘competitiveness agenda can start to be established and measured’
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AnalysisBriefing: Staged e-scooter accidents are ‘already happening’ and leading to ‘questionable’ claims
With pandemic-related fraud dwindling, insurance fraud experts believe the next emerging risk will come from the insurtech sector
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NewsUrban Jungle raises £16.5m in latest series A funding round
The insurtech plans to enter new markets following the funding boost, as well as create 100 new jobs
