News Analysis – Page 109
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NewsBriefing: The LiP portal was never designed to help fight fraud
As frustrations grow over delays to the LiP portal, Insurance Times analyses progress so far
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NewsHow the rising cost of traditional building materials is impacting claims inflation and premiums
It was revealed recently by Ecclesiastical that the cost of traditional building materials is increasing, but could this have a knock-on effect on claims inflation? And what other factors might be at play?
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NewsMarkel to further improve response time following four-star e-trade rating
Markel hopes that recent reorganisation will further help improve broker response times
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News‘Delivering Brexit and uniting the country’: What does Boris Johnson as PM mean for the insurance industry?
Boris Johnson has been described as a ‘consumer champion’ by some, so what will this mean for the insurance industry
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NewsCLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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Markets & RisksPeter Montanaro interview: Brokers must play their part in Lloyd’s future
The man charged with delivering Lloyd’s six transformation initiatives talks exclusively to Insurance Times
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NewsCopart outlines potential post-Brexit salvage opportunities
Copart’s UK MD says a global client base is essential for sustainability and opportunity beyond 31 October, and how it can benefit its insurer and broker partners
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FeaturesFigures revealed: Insurers guilty of costly Ogden miscalculation
Based on results for 2018, some of the major motor insurers look to be hit with a multi-million pound blow as the rate remains in the negative
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News‘Urgent reforms’ needed as construction sector enters insurance crisis
As one building control firm files for liquidation after failing to secure insurance, putting 12,000 building projects at risk, the industry warns urgent changes are needed to make the risk insurable
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NewsE-scooter accidents spark debate on making insurance compulsory
E-scooters are illegal to ride on public roads and pavements and insurance is not mandatory
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NewsDo smaller brokers need to specialise to survive?
Insurance Times looks at what brokers need to survive in the current market climate and whether they should be looking to specialise
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AgendaThe Big Question: After the fall of LAMP, should brokers face a levy for using unrated insurers?
Following yet another collapse of an unrated insurer in LAMP, as well as the recent struggles of Gefion, we ask if there should be any encouragement to stay away from this type of company?
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NewsWhat effect will the Ogden Discount Rate increase have on premiums?
Will the Ogden Rate have a positive or negative effect on premiums, the industry debates both possibilities
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AgendaRevealed: The hundreds of millions at stake as Gefion deals with multiple blows
As Gefion handles its solvency ratio getting reduced to 86%, Insurance Times analyses its UK market exposure
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NewsFrom police constable to premium finance executive – Close Brothers’ Sharon Bishop
Chief executive highlights the importance of seeing things from the broker’s perspective
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Online onlyBriefing: The FCA is asleep at the wheel on unethical property commissions
How will the FCA solve the problem of unethical property commissions? is disclosure the answer?
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AgendaRevealed: The vast sums property agents can earn through Gallagher-owned firm’s captive set-ups
An Insurance Times investigation finds property agents are turning to captive set-ups to make large profits on underwriting, while disclosing smaller commissions
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NewsAshwin Mistry: Time to face up to unrated insurers
Ashwin Mistry looks at why we should wean brokers away from the quick fix of unrated insurers
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NewsWill cyber policies cover huge GDPR data breach fines facing BA and Marriott?
It comes two days after British Airways was fined £183m for a separate data privacy breach by the ICO
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Online onlyUK brokers report uptick in profit margins
UK brokers still lagging behind their European counterparts when it comes to profitability
