All MGAA articles – Page 2
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News‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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NewsMGAA welcomes two new members to its board
The hires bring over a collected 55 years of insurance industry experience to the team
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AnalysisIn Focus: How buoyant is capacity in the HNW market post-pandemic?
Industry experts debate capacity in the high net worth (HNW) sector following the Covid-19 pandemic, Brexit and a slew of pricing regulation from the FCA
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NewsFlood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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FeaturesBrokers and LEI providers must ‘bridge the access to justice gap’ for personal injury claimants
Poor usability of the OIC portal and solicitors’ cherry-picking cases has left claimants in a vicious circle
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NewsTrade bodies band together to create standardised product governance assessment form
Without cross-market guidance, the new rules had the potential to ‘snowball into an unmanageable administrative burden’ for insurance market participants, says LMA head of regulatory affairs
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AnalysisMachine learning ‘is part of the answer’ in improving insurance services
MGAs are leading the pack to invest in machine learning, working to ‘deploy it far quicker into their distribution and into their business than insurers will’
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NewsSix insurance associations sign open letter to MP ahead of Autumn Budget
The letter argues that the funding proposed is ’extremely important’ in continuing the trend of the UK being a leader in insurance innovation
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NewsMGAA names first Republic of Ireland member
The MGAA’s chief executive says the association’s ‘ultimate aim’ is to help MGAs in the Republic of Ireland
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IT InterviewMike Keating: ‘Opportunity knocks’ for MGAs post-pandemic as technology becomes key
The MGAA chief executive is optimistic about the future for MGAs and says there is an opportunity for technology companies to work with them
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FeaturesIn Focus: What are your concerns regarding the longevity and stability of capacity arrangements for MGAs?
Three industry experts discuss capacity arrangements in the MGA market, outlining innovative future options and current frustrations
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FeaturesIn Focus: Data is a ‘hygiene factor’ for MGAs, but claims handling lagging behind technological curve
The insurance industry is sitting on mountains of data – used wisely, it could be the silver bullet that makes an MGA successful
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NewsMGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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NewsPeter Blanc: Opportunities await hungry MGAs
Aston Lark’s group chief executive told delegates at the MGAA conference that differentiating products and catering to a niche is the way forward for MGAs
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NewsHousehold water leak claims up by more than 30% for Q1 2021
Insurers are calling for clear standards for the plumbing industry to make sure contractors that fix water leaks are properly qualified
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IT InterviewMGA Q&A: Mike Keating - Capacity will continue to be the main challenge for MGAs in the year ahead
MGAA chief executive Mike Keating tells Insurance Times’s head of research Savan Shah about the concerns and challenges facing MGAs and how he thinks MGAs can stay ahead of the game
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NewsTwitter’s David Wilding: The ‘brutal honest truth’ is that people aren’t talking about insurance
The social media site’s director of planning emphasises that ‘insurance is relevant to our everyday lives and people on Twitter tweet about their everyday lives’
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News AnalysisPost-Covid recession and hard market drives advice-led broker opportunities
Mitigating underinsurance using risk management should be a key strategy for commercial brokers, recommends expert panel
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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