News Analysis – Page 122
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NewsRival insurers resist following Aviva’s cheaper e-trade strategy
Insurers say they doubt whether brokers would want to purchase personal lines products through an e-trade platform
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NewsRisk management as a service – a threat to insurers
Underwriters may find they are judged by their AI algorithms in future, cloud tech firm Pegasystems has warned
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NewsTechnology – making insurers future proof
Technological developments are transforming the risk landscape, introducing new and complex risks and intensifying traditional threats. The best insurers are developing new and innovative solutions to stay ahead of the game. Matt Reeves, UK business development manager at AXA Corporate Solutions, tells us more
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NewsClear Group will acquire bigger brokers after ECI equity deal - CEO Howard Lickens
Clear Group boss Howard Lickens tells Insurance Times how the consolidator plans to use new funds made available from the deal with private equity partner ECI
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Online onlyBriefing: Why RSA results show the dangers of MGAs
RSA posted an improved combined operating ratio after exiting a number of MGA deals
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NewsThe terrorism risk landscape is changing
Loss of attraction and non-damage business interruption protections are increasingly in demand from insurers, while companies are dusting off response policies and evacuation procedures against evolving terror threats
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NewsQ&A: The top evolving risk concerns and challenges
Charlie Kitson, head of UK client engagement at AIG, on the evolving risk landscape, core challenges for risk managers and how the industry needs to respond
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Online onlyBriefing: Motor insurers taking big risks with claims reform gamble
Insurers are being too optimistic in reaping the benefits of claims reforms
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NewsTom Woolgrove interview: New affordability tests hitting profits at Premium Credit
The adoption of the FCA’s more stringent affordability tests has resulted in fewer customers and a hit on profits, Premium Credit boss Tom Woolgrove tells Insurance Times
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AnalysisBig Question: Should the FCA scrap broking commissions in favour of a fee based system?
Insurance Times asks some of the leading figures in the industry: “Should the FCA scrap broking commissions in favour of a fee based system?”
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NewsCost of M&A insurance falls 39% since 2015
Average policy limit as a percentage of deal size increased, while the cost of merger insurance fell, according to data from insurance broker JLT
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NewsTHE BRIEFING: Personal lines broking
Personal lines broking: The risks of unrated insurers, the threat of Amazon, dual pricing and insuretech
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NewsBrokerbility bosses talk acquisitions and new members from rival networks
Brokerbility’s Ian Stutz and Ashwin Mistry reveal in a joint interview with Insurance Times that they would consider offers of investment in response to the network’s declining membership
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NewsBlockchain: the next big game changer in insurance
Use of technology could generate $200bn more margin and help improve combined operating ratios. Companies that fail to take advantage of blockchain could fall by the wayside
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NewsPhil Bayles reveals the brokers Aviva will and won’t work with
Aviva’s Phil Bayles discusses with Insurance Times the principles every broker hoping to work with Aviva will need to meet
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NewsBusinesses face ruin from lack of BI after Glasgow blaze
Many shopkeepers, unable to return to premises because of dangerous state of the iconic Glasgow School of Art building find they are not covered
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NewsDan Saulter interview: M&A and new client services on the agenda at The Davies Group
Davies Group boss Dan Saulter tells Insurance Times acquisitions in its insurance services and customer experience divisions are a priority
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NewsGDPR is set to be the next claims cash-cow
Recent Dixons Carphone data breach could open the floodgates to a new wave of PPI-style cold calling. Customers will be able to lodge a claim even if they have not suffered a financial loss
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NewsJust not enough women in insurance
Qualified women are just as likely as their male peers to get professional jobs in insurance - there just aren’t enough women applying, with many put off by the industry’s image
