All articles by Katie Scott – Page 26
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AnalysisBGLI and Markerstudy to ‘end up with much more than the sum of the parts’ following acquisition
Both businesses plan to cash in on the ‘real opportunities’ they believe arise from this ‘perfect strategic’ acquisition, including boosting pet insurance distribution
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AnalysisBriefing: One year since Supreme Court’s BI judgment, yet outstanding questions remain
Law firm reveals litigation around BI claims is still on the table for this year, especially as the FOS appears to be siding with insurers in the majority of BI-linked cases since last January
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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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IT InterviewEndsleigh Insurance focuses revitalised four-year strategy on three customer niches
The broker’s chief executive says the refreshed business strategy enables the firm to go ‘deep and wide’ in particular market segments and ‘grow back into its shoes’
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NewsOver half of UK SMEs don’t know whether their broker provides best quote to suit their needs
Broker’s research reveals that around two-thirds of SMEs want to renew and manage their commercial insurance policies via a self-service model
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IT InterviewProperty claims inflation and digital support tools will continue to impact claims sector in 2022
Tackling property resilience following flooding presents ‘a lot of opportunity’ for insurance industry this year, while digital tools target ‘hyper-convenience’, notes Zurich’s UK chief claims officer
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NewsEndsleigh Insurance still ‘brings something to the party’ following Howden’s acquisition of A-Plan
Chief executive believes broker consolidation is ‘a huge customer benefit’ because it ‘gives one-stop-shops to customers’
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NewsD&O rates in the UK ‘are not out of the woods yet’ – Gallagher
Despite supply challenges surrounding D&O insurance, increased awareness of ESG factors could encourage more entrants to this market, reports broker
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NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
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IT InterviewDavid Nichols: Motor claims trends to watch in 2022
Insurance Times catches up with Zurich’s UK chief claims officer to find out what motor claims trends should be on the industry’s radar this year
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NewsOptio Group buys warranty and indemnity MGA
The MGA says its latest purchase confirms financial lines as ‘a core underwriting pillar’ for the business
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NewsMarkel International appoints wholesale division managing director
Company president believes new hire’s skill set will enable him to ‘hit the ground running’
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AnalysisBriefing: OIC portal intention unfulfilled as LiPs still fail to engage with platform
Claims experts confirm that Official Injury Claim portal is not being used as intended, with representation levels high as new process is live tested on claimants
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NewsNew CII president Peter Blanc urges industry ‘to address the unmet needs that exist today’
Blanc fears that cutting ‘out the middleman’ in order to get ‘the cheapest price’ is ‘not the right answer for the majority of the public’
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News‘Stability’ in the immediate aftermath of FCA’s pricing reform ‘is likely to be short-lived’ – WTW
Broker’s head of UK personal lines pricing believes pricing ‘turbulence’ is set to ‘manifest over the next three months’
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NewsAshwin Mistry joins data and distribution platform business as non-executive advisor
Brokerbility executive chairman plans to work with the firm on its mission to change ‘the face of commercial insurance distribution’
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IT InterviewIan Millard: Clear Group is ‘by far the best home’ for Morrison Insurance Solutions
Generalist brokers must specialise to effectively advise clients, recommends broker managing director
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NewsPersonal lines MGA appoints new chief underwriting officer
The new hire ‘will play a pivotal role’ in helping the business achieve ‘profitable growth’
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NewsBrit appoints chief technology officer from Swiss Re insurtech startup
The firm hopes the new hire will help it apply ‘the latest innovations, approaches and technology to how we write risk’
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AnalysisSMEs conducting ‘severe gross exaggeration’ on claims has ‘gone beyond a joke’
Small businesses are still suffering cash flow constraints following the coronavirus pandemic, leading to potential claims exaggeration or high value vehicle thefts, reports fraud experts
