News Analysis – Page 14
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News Analysis
Labour’s AI strategy – and its potential impact on insurance
’The balance between fostering responsible AI development and hindering innovation is critical’ when it comes to new regulation, says chief technology officer
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News Analysis
Briefing: London determined that digital transformation failure won’t come out of the blue
Those involved in Blueprint Two are determined to get the project over the line – however, market disappointment around delivery timetable is inevitable
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News Analysis
MGA market continues to grow – but which are the best performing firms?
Insurance DataLab reveals which UK-based MGAs are ‘setting themselves up for a bright future’ with robust financial results
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News Analysis
Opinion: Has brand stacking replaced the loyalty penalty?
Research foundation feels some insurers are ‘committing the sin of omission’ when promoting tiered products
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News Analysis
Zurich UK promises brokers direct interaction with underwriters rather than ‘a robot’
Head of SME trading says insurer’s ’SME underwriters are empowered to make underwriting decisions in the moment’
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News Analysis
eTrading forms a ‘totally critical’ part of RSA’s market ambitions
’This is really the start of our journey. We’ve now got a solid foundation to really kick on from and improve,’ says commercial lines director
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IT Interview
Tara Foley: Axa UK and Ireland strives to be the ‘go-to place for talent in the industry’
Alongside a focus on organic growth and technology, the insurer’s medium-term strategy sees it bid to become a ‘destination workplace’
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News Analysis
Weathering the storm – how insurance is combating climate change risks
’We’re having increasing adverse weather events and it is undeniably off the back of climate change,’ says insurer’s chief executive
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News Analysis
Briefing: Insurers still seeking key to unlock cyber opportunities
While the risks continue to rise, the ability of brokers and insurers to grow the market in key areas remains an uphill battle
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IT Interview
Richard Coleman: Ecclesiastical’s charitable focus creates ‘amazing story’ for broker partners
The insurer’s ‘hugely attractive’ charitable purpose has additionally supported recruitment, says UK managing director
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News Analysis
Briefing: Ifed adopts a partnership approach to moped crash for cash scams
Detective inspector Marek Coghill of the City of London Police’s Insurance Fraud Enforcement Department outlines how the unit is seeking to disrupt moped linked staged collisions
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News Analysis
TechTalk: Brain drain hits claims sector – but will AI hamper the hiring of new talent?
With artificial intelligence doing tasks typically assigned to entry level starters, how is this impacting career routes and talent in claims? Insurance Times explores the issue…
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News Analysis
Does premium finance need fixing?
Are premium finance products fighting underinsurance or providing ‘pain’ for ‘customers who are the least financially resilient’? Insurance Times takes a closer look…
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News Analysis
The Big Question: How would you describe Blueprint Two’s progress so far and is it on track to support the market efficiently?
Insurance Times asks experts about the progress of Blueprint Two and whether the digital transformation programme will be effective
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News Analysis
Securing younger staff: How is the insurance sector seeking to change its age profile?
Graduate schemes cannot be the only talent attraction tool in insurance firms’ arsenal if they wish to change the age profile of the industry
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News Analysis
Briefing: Brokers and MGAs will vote with their feet if insurers continue to fail on claims service
Poor claims service must be rectified to avoid doing serious damage to the insurance industry, as policy T&Cs and premiums still lag behind prominent claims trend findings
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IT Interview
Duncan Pritchard: MGA model’s power allows for a ‘nimble’ response
’Covid gave MGAs an opportunity to showcase themselves,’ says founder and managing director
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News Analysis
Briefing: Summer set for a season of hot topics
Are insurers set to be viewed as those big businesses who have had it too good for too long?
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News Analysis
Data is the key for driving autonomous vehicle launch on UK roads
Industry commentators agree that there are still a number of question marks to be addressed before the insurance of self-driving cars can become a reality
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IT Interview
Q&A: Delegated claims admin teams help alleviate regulation and inflation pressures
Richard Fleming, technical claims controller at loss adjusting business Woodgate and Clark, talks through the role and key focuses of delegated claims administration teams