All articles by Matt Scott – Page 4
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News AnalysisIs travel insurance next on the FCA’s radar?
The regulator’s approach to Gap insurance has signalled its enforcement style for 2024 – but could travel policies ‘riddled with caveats’ be the next product under the fair value spotlight?
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News AnalysisBriefing: The trouble with motor insurance
Discriminatory pricing is evident in motor insurance premiums – the industry needs to come up with new ways to make this product more accessible and affordable
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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News AnalysisBriefing: What next after Gap?
The FCA’s latest target could be the start of more to come
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News AnalysisHow is the industry faring six months on from Consumer Duty implementation?
Half a year on from the landmark regulation coming into force, Insurance DataLab takes a look at its impacts on the sector
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News AnalysisBriefing: Is 2024 the year the FCA gets tough on insurers?
All the signs point towards further regulatory activity this year
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News AnalysisBriefing: UKGI optimism is high, but some of the usual problems persist
While 2024 will undoubtedly continue to set fresh challenges alongside the usual suspects, there is certainly space for optimism
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News AnalysisBriefing: Insurers on red alert as FCA looks set to bare teeth over Consumer Duty
At a recent webinar, a compliance expert claimed the regulator had ’20 enforcement notices sat on their desk ready to go to insurers over the next quarter’
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News AnalysisWhy Aviva, Arch and Ageas were named insurers of the year
After being crowned as market-leading insurers at this year’s Insurance Times Awards, Insurance DataLab explores the figures behind the trio’s successes in 2023
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News AnalysisBriefing: Is the motor market ready to turn a corner?
The motor sector’s COR has deteriorated due to headwinds such a rampant claims inflation, but could inflation be about to ease?
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News AnalysisBriefing: Tough times for brokers, but future remains bright
Matt Scott takes a view on the broker market’s prospects following the publication of this year’s Top 50 Brokers report
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News AnalysisThe most complained about products in UKGI
Insurance DataLab analyses the latest ombudsman complaints data to find out which product lines – and which insurers – are receiving the most complaints from consumers
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News AnalysisBriefing: Are apprenticeships the secret weapon in the war for talent?
Companies can benefit from hiring apprentices in multiple ways
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News AnalysisBriefing: Where next for personal lines?
It remains to be seen how long it will take for the sun to rise on personal lines insurers once again
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News AnalysisGibraltarian insurers still reporting lower solvency positions than UK
With the Insurance Times Top 50 Insurers report out this month, data provider Insurance DataLab takes a look at the solvency positions of insurers across the UK and Gibraltarian insurance markets.
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News AnalysisBriefing: Insurance might not be Hollywood, but it still offers exciting career prospects
Actuary: The Movie might not have as much appeal as The Wolf of Wall Street or The Social Network when it comes to box office hits, but a career in insurance can certainly still be exciting
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News AnalysisWhat 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 AnalysisBriefing: 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 AnalysisHow 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 AnalysisWho 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
