All articles by Katie Scott – Page 7
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IT InterviewJo Sykes: Markel UK devises five pillar plan to become ‘more relevant’ for brokers
Among the insurer’s key focuses for the next five years is developing further schemes propositions, building out its eTrading strategy and improving its regional distribution network
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IT InterviewBiba 2025: Tokio Marine HCC strives to secure three facilities with brokers in 2025
The insurer’s international head of distribution believes the business needs ‘to whisper a little bit louder’ than it has done in the past to attract greater brand recognition and better promote broker partnership opportunities
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NewsBiba 2025: Hiscox UK seeking to improve ‘response times and service delivery’ for brokers
The insurer is also striving to be ‘really clear’ on its appetite in line with sector focused distribution strategy
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NewsThe Acorn Group set to invest £5m to create ‘amazing office spaces’ from listed buildings
Chief executive is keen to give staff ‘an iconic building to be working in’ as it tots up purchases of listed Liverpool buildings
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NewsBiba 2025: ‘Evolution’ to make eTrading ‘slicker and quicker’ key to Zurich UK’s five star score – David Nichols
Retail boss is keen for insurer to make ‘a meaningful difference to brokers’, informed by an ‘open dialogue’ and ‘transparency’ on what all parties need to secure coverage for end clients
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NewsBackchat: May 2025
Tech business hopes for new fundraising heights, loss adjusters share luxury lunch, news editor has his best day out and springtime collision claims give insurers – and deer – pause for thought. What has the insurance industry been up to of late? You heard it here first…
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News AnalysisOpinion: FCA flexing trigger finger around section 166 driven enforcement
Consultancy’s freedom of information request reveals direct cost impact of section 166 reporting, providing further impetus for firms to get a handle on regulatory admin
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IT InterviewAcorn Group’s Mike Lloyd: Carrying the torch of ‘the best kept secret in the industry’
Chief executive explains how he is driving ‘a unique situation’ forward to ‘serve the underserved in the non-standard motor and home markets’
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NewsThe Acorn Group confirms new products and brand launch for 2025
The insurance firm believes it can create ‘better products’ than are currently available in the niche lines of business that it operates across, with new product launches scheduled for this summer
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NewsFCA revokes Glasgow-based broker’s permissions to operate after fair value reporting failure
The regulator has deemed the broker ‘not a fit and proper person to conduct regulated activities’ after ignoring fair value questionnaire request from 2022
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NewsSocial spots: The must-attend post-conference parties at 2025’s Biba Conference
Exhibiting firms at this year’s Biba Conference also have the 5pm to 9am covered for attending delegates, with evening networking opportunities aplenty across Manchester’s hottest venues. Insurance Times lists some of brokers’ entertainment options…
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News AnalysisBriefing: Is Lloyd’s ‘undervalued’ as an investment opportunity?
Research indicates that investment capital could be well homed within Lloyd’s and the London market – could syndicates snap up M&A spend?
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NewsFY 2024 financials prove Covéa ‘made the right decision’ with strategy focuses – Georges de Macedo
Although chief executive ‘will not say that our profit is exceptional in absolute terms’ for last year, the insurer’s journey into profitability demonstrates that five pillar strategy is yielding results
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NewsUptick in vehicle and deer collisions could ramp up springtime motor claims costs – Zurich UK
Insurer records 45% increase in deer vehicle collision claims in April and May since 2019
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NewsCovéa Insurance plans to re-enter EV insurance market in 2025
The underwriter first pulled back from insuring fully electric vehicles as part of its relationship with retailer John Lewis in 2023 after getting cold feet about repair costs
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NewsCovéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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NewsAllianz UK focuses on ‘balance between volume and margin’ to weather cyclical market storm
Inflation and the transition from a hard to soft market in UKGI has impacted insurers’ full-year 2024 results – but insurer chief executive emphasises the importance of disciplined underwriting in managing market cycles
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NewsAgeas UK is ‘very interested’ in embedded insurance – Ant Middle
The personal lines insurer is exploring new embedded product propositions ‘right now’ as chief executive believes this model is ‘really important to the future development of our business’
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NewsBackchat: April 2025
T&Cs you can’t put down for World Book Day, confirmed cricket collaboration, PAS provider paints the town with projection and one software firm pranks the industry with April Fool’s Day joke – what has the insurance industry been up to of late? You heard it here first…
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News AnalysisOpinion: Opportunistic fraud is thorn in sector’s side
Processes combating criminal insurance fraud are working well, according to industry experts, but opportunistic fraud is much more problematic due to its roots in genuine claims and policy applications
