MGA Analysis – Page 4
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News AnalysisThe Big Question December 2024: What trends do the UKGI market need to be cognisant of heading into 2025?
With the new year fast approaching, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2025
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IT InterviewAlan Thomas: Picking ‘up the reins’ at Ripe Insurance
’What I’ve seen really work for growing businesses and making it successful really depends on how you get something in front of customers that they want,’ says chief executive
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News AnalysisThe 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 AnalysisMGAs take up tech tools in battle for relevancy
‘Without innovation, an MGA offers no differentiation’, says chief executive – but how are these firms tapping into technology to stay ahead of the competition?
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News AnalysisSME underinsurance is far from a small problem
SMEs and sole traders are a ‘significantly untapped market’, according to chief growth officer – however, the insurance sector must be more proactive when it comes to accident and health covers
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News AnalysisIncubators help MGAs take their first steps
MGA incubator models are growing in popularity, especially as support from these firms can trim nine months from the regulatory approval process for startups
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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News AnalysisIn Focus: How can firms prevent their software from becoming legacy technology?
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
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News AnalysisBriefing: The MGA market is navigating a perfect storm on its growth journey
The MGA market is not just here to stay, but will continue to grow and thrive
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News AnalysisBriefing: Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
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News AnalysisIn Focus: Are cyber insurers prepared for BI claims after July’s global outage incident?
Head of claims reports that cyber is an ‘ever-changing’ risk and that there is more variety in how BI claims can now present themselves
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IT InterviewJacqueline McNamee: ‘Transparency of data’ is key challenge facing MGA market
Jacqueline McNamee, chief executive at C-Quence, outlines how the MGA is looking to deliver for its broker partners, as well as reveals her views on how the MGA market will evolve over the upcoming year
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IT InterviewSam White: Stella Insurance is focused on ‘solving the problem, not owning the proposition’ for domestic abuse policy
Chief executive would ’love to see domestic abuse and rape crisis support embedded in all home and motor insurance policies’
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News AnalysisBriefing: FCA’s thematic review demands greater disclosure from industry
With claims service still flagging, the regulator has put its foot down in its latest report, claiming that the industry’s ‘failings have led to harm’
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News AnalysisBriefing: Schools, charities and public sector sees ‘more frequent’ cyber attacks in 2024
Cyber criminals seeking personal data phishing and ransomware opportunities are looking at tightly resourced schools, charities and public sector firms as targets
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News AnalysisThe Big Question: Where can the FCA streamline its rulebook in line with Consumer Duty linked review?
Insurance Times asks industry experts about where the FCA can simplify its rules to avoid duplication with Consumer Duty regulation
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IT InterviewMike Keating: MGAs must ‘maintain rating discipline and not chase market share in a softening rate environment’
Insurance Times quizzes Managing General Agents’ Association chief executive Mike Keating on the trade body’s latest conference, deepening broker and MGA partnerships and predictions for the MGA market this year
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News AnalysisIn Focus: How can cyber insurance adapt to address risks across other lines of business?
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
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News AnalysisBriefing: Why the Crowdstrike IT outage is a ‘wake up call’ for the insurance industry
’The losses we saw for Crowdstrike are not even close to the losses for a cloud outage,’ says chief executive
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IT InterviewRob Corner: Dual targets organic and acquisitional growth in upcoming 12 months
Chief distribution officer at Dual UK, Rob Corner, explains what brokers can expect from the MGA in the coming year, as well as outlines key trends impacting the MGA market
