News Analysis
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News Analysis
London looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
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News Analysis
Briefing: Are brokers forgetting a fundamental issue?
We can blame insurers for some of the ills we suffer, but to blame them for a client’s underinsurance is weak
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IT Interview
Oke Eleazu: Addressing the diversity and inclusion dilemma in insurance
’Insurance has a double whammy – firstly it’s not attracting enough people of colour and so by definition there’s a struggle with leadership levels,’ says co-founder and chief executive
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News Analysis
Briefing: How has Ifed evolved its approach to online ghost brokers?
Detective inspector Simon Klust, deputy head of the City of London Police’s Insurance Fraud Enforcement Department, explains how the police unit has changed tack to reduce reoffending
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News Analysis
Concerns raised that risks placed on eTrading platforms could ‘go too far’
’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director
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News Analysis
Big Question: What are the biggest challenges set to hit brokers in H2 2024?
Insurance Times asks experts about challenges brokers face and what can be done to mitigate evolving threats
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News Analysis
Complaints handling not up to scratch as complaints volumes soar
Consumer Duty has placed a greater spotlight on complaints data, however findings for UKGI show that ‘more than a third of cases’ are being overturned by the ombudsman
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News Analysis
Increasing natural catastrophe losses necessitate a resilience focus
’There is no doubt that climate change increases volatility, frequency and also severity,’ says senior director of product management
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News Analysis
Briefing: Saving the high street broker requires embedding in the community
It’s simply not enough to be ‘on the high-street’ – it’s about being ‘in the high-street’, being embedded in the community and showing you are a force for good.
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News Analysis
Briefing: Insurance industry is in the grip of cyber conundrum
Industry report says cyber premiums are decreasing as the risk of cyber attacks increases – is there a perfect storm on the horizon?
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News Analysis
In Focus: How can parametric insurance policies improve processes for climate-related claims?
Insurance Times asks industry experts what impact parametric policies can have on climate-based claims processes
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News Analysis
How will the insurance industry be affected by new business requirements to protect against terrorism?
’We are hopeful that suitable and adequate insurance will remain available,’ says head of technical services
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News Analysis
What’s driving more UK brokers to sell up?
’The sentence we hear most often is ‘this world is not mine anymore’,’ says chief executive
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IT Interview
Graham Hawkins: The unintended environmental consequences of ‘green’ initiatives
’Just because something is green, [this] does not mean it is not going to pose a risk to the environment if it goes wrong,’ says associate director and head of environmental
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News Analysis
Briefing: Who’s afraid of open insurance?
Legacy systems have slowed down the progression of open insurance, but the benefits for insurers and brokers are clear – and insurtechs are vital
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News Analysis
Is carbon credit cover the next cyber market?
The carbon credit insurance market presents a ‘really exciting’ opportunity – especially as it could be worth up to £24bn by 2050
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News Analysis
Opinion: Premium affordability on insurer and broker minds
Editor Katie Scott highlights the importance of insurers and brokers being on the same page when needing to communication premium increases to end customers
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IT Interview
Carl Shuker: ‘Single Howden brand’ seeks to continue growth trajectory by being ‘client centric’
UK and Ireland chief executive believes ‘there is still a huge demand for advice’ from insurance ‘clients of all shapes and sizes’
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IT Interview
Jane Kielty: Aon leverages expertise and scale to ‘join the dots’ for clients
’We’re creating new solutions where they didn’t exist before to help clients solve problems,’ says broker’s UK chief executive
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News Analysis
UK dubbed ‘Wall Street of insurance’ as international interest in acquisitions grows
’I would not be surprised if there [were] more internationals coming into the UK,’ says co-chief executive