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A drier risk landscape – is UK insurance keeping pace with drought?
The Big Question: Why has UK broker M&A slowed – and what can UKGI expect next from acquisition activity?
Insurance Times cements new Pet Pledge partnership with Peia
Drones set to deliver net risk benefits – but sky-high human error claims costs must be mitigated
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MGA Analysis
News Analysis
Kaspar Harsaae: Software platform founder to launch MGA as proof of concept
After spending two years building AI-powered insurance software firm Parasol Platforms, the founder concluded the best way to demonstrate his vision for true transformation was to launch his own MGA and prove the model works
Analysis
The Big Question: Why has UK broker M&A slowed – and what can UKGI expect next from acquisition activity?
With intermediary M&A deal volumes hitting multi-year lows, what is holding back dealmaking across the UK general insurance market (UKGI) – and what could potentially spur the next wave of acquisition activity?
News Analysis
Drones set to deliver net risk benefits – but sky-high human error claims costs must be mitigated
Although research demonstrates that drone usage can reduce a business’ net risk profile overall, risk professionals must think strategically about combating pilot errors as ‘the human in that chain is the weak link’ contributing to claims costs
IT Interview
Barry Reynolds: Verlingue London Markets ‘heavily focused’ on MGA market as it seeks specialist growth
‘We’re really focused on finding areas of business that are not mainstream, but where we know that the London market has something specialist to offer,’ says broker’s executive director
IT Interview
Michelle O’Reilly: Looking over the add-on sector with a ‘lawyer’s eye’ from Alps
As brokers increasingly turn to add-on products to differentiate themselves in a soft market, a managing director sees an opportunity for growth via ‘expanding distribution, new business acquisition and product development’
News Analysis
Regulatory tightening in UK M&A market ‘weeding out’ weaker distribution firms
As broker and MGA M&A deal volumes hit multi-year lows, a managing director believes regulatory tightening ’has materially slowed consolidation in the UK insurance distribution sector while accelerating selective market exit’
IT Interview
Nick Linacre: How the Claims MGA of the Year brings an investigator’s mindset to claims handling
Winning Insurance Times’ Claims MGA of the Year award was recognition of Purbeck Insurance Services’ approach to claims, but for claims manager Nick Linacre, the real success comes long before a claim is ever paid
News Analysis
In Focus: MGAs solidify status as hotspot for underwriter talent
’In larger insurer environments, some underwriters may feel more removed from individual risks,’ says managing director
Analysis
The Big Question: Is UKGI distinguishing intentional D&I from performative action?
UK general insurance (UKGI) has placed increasing emphasis on inclusive and ethical cultures – but is the industry effectively distinguishing intentional diversity and inclusion (D&I) from performative action, and where is further progress needed?
News Analysis
TechTalk: Hyperscale data centre boom triggers ‘call to action’ to break down insurance silos
’Effective underwriting of these massive campuses requires precise risk pricing that accounts for asset concentration and, crucially, the potential for cascading failures,’ says senior credit analyst
News Analysis
In Focus: How can MGAs sustain growth over the next five years?
MGAs have cemented their place at the heart of insurance distribution, driven by specialist expertise, agility and strong broker relationships. But as the sector continues to grow, can it maintain the qualities that fuelled its success while avoiding the pitfalls of rapid expansion – and what will it take to ...
News Analysis
TechTalk: AI washing creates ‘massive expectation gap’ across insurance provision and liability
’The pressure to use AI is coming from competitors, boards, investors and the fear of being left behind – which is why much of the current market noise is better described as AI gloss than AI strategy,’ says technology consulting director
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at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a USA Today company
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