All articles by Matt Scott – Page 2
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News Analysis
Why Ageas, Aviva and QBE were named insurers of the year at 2024’s Insurance Times Awards
Market intelligence firm Insurance DataLab explores the financials behind the big insurer winners from this month’s Insurance Times Awards ceremony, hosted by Claudia Winkleman
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News Analysis
The complexity of business interruption insurance – and why innovation is lagging behind
Technology has already improved ‘low-hanging fruit’ problem areas, but now it is time to aim a little higher with AI tools, to better support claims handlers and end customers with detailed BI claims
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News Analysis
Specialist insurers lead the way as composite firms continue to suffer
Insurance DataLab looks at how commercial, personal and composite insurers have performed
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News Analysis
Which are the most complained about insurers?
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
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News Analysis
The final frontier: Insuring the rise of space tourism
Although appetite for commercial space tourism is gaining more traction, a lack of historical data and uniform regulation leaves insurers interested in this line of business stalling
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News Analysis
Starr is the star of 2024’s Underwriting Gold Awards
Insurance DataLab has analysed the underwriting results of insurers and Lloyd’s syndicates across the UK and Gibraltar to find out which firms are the best performers in the market
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News Analysis
Is biggest always best for UK insurers hoping to turn a profit?
Companies rated as a top 50 insurer by GWP are falling behind smaller, more specialised operators when it comes to COR scores
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News Analysis
Briefing: Why insurers need to embrace Labour’s motor insurance taskforce
The new government’s action provides the insurance industry with a golden opportunity to improve its reputation with consumers
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News Analysis
Solvency ratios on the rise as UKGI market continues to face unprecedented pressures
Insurance DataLab co-founder Matt Scott dives into the the market’s latest SFCRs to draw out a number of trends
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News Analysis
Briefing: What can the industry learn from the latest FCA value measures?
Insurance DataLab hazards an estimate at what other lines of business could face the same treatment as Gap insurance from the regulator
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News Analysis
What are the best performing business lines in UKGI?
Insurance DataLab reveals exclusive analysis of the five largest business lines in UK general insurance, detailing which products are currently the most profitable
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News Analysis
Rise in litigation funding puts insurers on high alert
Litigation funding has the potential to ‘drive bad claims further than they should go’, warns law firm partner
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News Analysis
How can smaller brokers attract the right talent?
Brokers of all sizes are keen to tackle ‘a skills void’ that has ‘picked up pace exponentially’ – but how can SME brokers, in particular, achieve this ambition?
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News Analysis
MGA market continues to grow – but which are the best performing firms?
Insurance DataLab reveals which UK-based MGAs are ‘setting themselves up for a bright future’ with robust financial results
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News Analysis
Weathering the storm – how insurance is combating climate change risks
’We’re having increasing adverse weather events and it is undeniably off the back of climate change,’ says insurer’s chief executive
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News Analysis
Does premium finance need fixing?
Are premium finance products fighting underinsurance or providing ‘pain’ for ‘customers who are the least financially resilient’? Insurance Times takes a closer look…
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News Analysis
Data is the key for driving autonomous vehicle launch on UK roads
Industry commentators agree that there are still a number of question marks to be addressed before the insurance of self-driving cars can become a reality
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News Analysis
Consolidation leads to capacity squeeze in HNW market
M&A of high net worth focused businesses has created ‘one of the hardest markets’ for placing these specialist risks, says broker managing director
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News Analysis
Brokers on the up despite challenging market
Insurance DataLab confirms the scores and metrics behind the brokers leading the UKGI market according to its newly launched Broker Performance Report 2024
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News Analysis
Briefing: If claims is the shop window, I’m not buying
Industry must improve its communication with customers to mitigate flood of FOS complaints