All articles by Matt Scott – Page 7
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Online onlyIndustry leaders come together to form new coronavirus steering group
The group will work with Pool Re to formulate the industry’s response to the covid-19 pandemic
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News AnalysisMotor insurance and coronavirus: Golden era or further misery?
The coronavirus pandemic has presented a number of challenges for the insurance industry, but the motor market is uniquely placed in that tighter lockdown conditions may actually result in improved claims experiences for insurers
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Online onlyQBE to raise $825m new equity capital in wake of coronavirus pandemic
The insurer said in an announcement to the Australian Stock Exchange that the extra capital would come in the form of a new equity placement and a share purchase plan
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NewsSabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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IT InterviewEx-Jelf boss Phil Barton aims to build ‘next generation’ broking business
Insurance Times spoke to new Partners& chief executive Phil Barton to hear his plans for the future of the business and why he thinks the broking industry is in need of a reset
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NewsEx-Jelf boss Barton returns with star lineup in new broker
The broker will be led by chief executive Phil Barton, while Stuart Reid will fill the role of chair of the board of directors
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Online onlyCarrot encourages policyholders not to drive by offering double rewards
The move from the telematics company is in response to Public Health England urging people to stay at home during coronavirus lockdown
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Online onlyInside the cyber market with Sayata Labs’s Kingsley Flynn
Flynn says the market is still dogged by past perceptions of how restrictive and confusing cyber policies were in the early days of the product coming to market
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Online onlyInsurers face solvency squeeze as coronavirus wreaks havoc on financial markets
Investment bank Berenberg issues warning as the Covid-19 pandemic continues to spread across the globe
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AgendaHow the rise of AI could change the face of insurance
Artificial intelligence is making huge inroads into what were once professional occupations, including selling insurance. But in areas such as medicine, who pays if something goes wrong?
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Online onlyFOS reveals most complained about insurers
New data from the Financial Ombudsman Service reveals which insurers consumers are complaining about the most
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NewsEthos buys midlands broker Perry Appleton
The Compass Network member controls £7m of GWP from is Rugby-based office
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Online onlyInsurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says
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Online onlySolvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
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Online onlyAXA reports small improvement in group COR as revenue climbs 5%
UK and Ireland business boasts an uptick in profitability despite worsening current year COR
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Online onlyInvestment returns boost Beazley profits amid rising claims
Insurer’s combined operating ratio rises to 100%, but chief exec Andrew Horton says a mid-90s COR is “realistic” for 2020
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Online onlyMotor market set for challenging future amid high claims inflation – Moody’s
Increasing claims costs and falling premiums will make it hard for motor insurers to find profits
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NewsDirect Line ranks as the best rated insurer says YouGov
However, insurers lag behind other markets when it comes to consumer perceptions
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Online only5G the biggest technological change for insurers – IUA
New technology will create new exposures and risks for insurers to manage
