All articles by Matt Scott – Page 2
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News Analysis
What is the most profitable line in UKGI?
Insurance DataLab analyses the top performing business lines in UK general insurance, exclusively for Insurance Times.
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News Analysis
Briefing: Insurance needs to do more to combat climate change
Now is the time for the insurance industry to stand up and take action, says Matt Scott
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News Analysis
How are the top insurers faring on complaints handling?
Insurance DataLab analyses the top five insurers’ complaints handling performance, exclusively for Insurance Times.
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News Analysis
Who is the most profitable insurer in UKGI?
Insurance DataLab analyses the latest regulatory returns of the five largest insurers in UKGI, exclusively for Insurance Times
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News Analysis
Briefing: What makes for a good broking firm?
How does a small but growing broking business make the most of the opportunities available?
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News Analysis
Briefing: Brokers key to solving underinsurance problem
Brokers will need to take on a much greater advisory role to properly support their clients in tough times
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Analysis
Complaints fall post-pandemic, but how is the industry really faring?
Insurance DataLab picks out the choice complaints data to explore where insurers are succeeding and where they can target improvements
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News Analysis
Briefing: It’s been a bad week for insurers, but lose the FCA test case and things could get a lot worse
Not only could insurers be found liable for claims, they may also be forced to pay interest and subsequent claims for businesses that have gone under as a result of the delay in business interruption payments
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News
Lloyd’s delays Part VII Transfer
All European policies must be transferred out of London before the end of the Brexit transition period on 31 December 2020
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News
WPS launches ‘telematics for cyber insurance’
The Cyban App allows insurers to base a premium on the actual risk facing a company’s network, removing any reliance on outdated questionnaires
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News
Why de-mutualisation is bad for consumers, and how it will affect the UKGI market
With LV= revealing it was considering the sale of its remaining life and pensions businesses, Insurance Times takes a look at the implications of wider de-mutualisation for policyholders, and what it means for the future of insurance
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News
Willis Re appoints new specialty casualty co-head
James Moss joins with more than 30 years of industry experience
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IT Interview
Great businesses have greater value – Mistry defends broker consolidation
Brokerbility’s executive chairman Ashwin Mistry says that good businesses will always invest for the future, and that they should be rewarded for that in the valuation of their business when it is put up for sale
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News Analysis
Briefing: The sorry (but unsurprising) tale of Gefion’s collapse
Solvency and liquidity issues have dogged the unrated Danish insurer for years, but brokers will be hoping that early regulatory intervention will have saved them a lot of pain as the insurer’s collapse continues to unfold
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News
Aviva pulls Facebook ads amidst ongoing hate speech row
The Stop Hate for Profit campaign claims that Facebook is not doing enough to remove hateful content on its platform and is urging businesses to suspend advertising over the course of July
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News Analysis
Briefing: Could brokers be next in-line for the Covid-19 BI scandal?
The FCA test case on the validity of business interruption claims in the wake of the coronavirus outbreak will start next month. While insurers have been the ones under the spotlight so far, brokers could be next if insurer’s get a favourable outcome
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News
Covid-19 hits Saga’s travel insurance sales but motor and home retention improves
The business has also sold 533,000 three-year fixed-price policies, with more than 60% of direct new business customers choosing this product
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News Analysis
Win or lose, the FCA test case on BI claims will not be good for insurers
When the FCA announced it was taking a test case to the High Court to provide clarity on the confusion around business interruption claims in the wake of the Covid-19 pandemic, insurers were worried
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News Analysis
Analysed: The Lloyd’s market’s best and worst underwriters
With three successive years in the red and a fourth year of underwriting losses seemingly on the way, the Lloyd’s market has faced some testing times of late.
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News
Revealed: Beazley top Lloyd’s underwriter as Hiscox slides
Beazley has risen to be the most profitable Lloyd’s underwriter for 2019 after finishing second the previous year.