News Analysis – Page 157
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Towergate: Now the hard work begins
While takeover by unsecured creditors has put the troubled broker on the road to recovery, the new owners still face challenges, not least how to grow organically during the year ahead
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Expert View: Are you ready for the empowered customer?
Guidewire’s product marketing manager, Europe, Middle East and Africa, on how the insurance industry must meet the demands of the modern consumer
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Briefing: Five big names who could help Towergate under new boss David Ross
Across broking and insurance, here are five star faces who would give the consolidator a boost
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Briefing: Why David Ross is heading to Towergate
Turning around a more streamlined Towergate will be appealing to Ross, who has a history of attracting top talent to get businesses moving in the right direction
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Insurers unite as fraudsters switch to commercial lines
Fraudsters have been targeting commercial lines following crackdowns on personal lines crime. Now insurers are taking steps to share data in the hope of preventing commercial fraud exploding
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Briefing: What’s really going on with the vacant Towergate chief executive position?
With Amanda Blanc apparently out the race, the search to find the ailing broker’s next boss is wide open
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Briefing: How can the new owners clean up a troubled Towergate?
Once the dust over ownership has settled, Towergate has a list of woes that will need addressing to get it on the road to recovery
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Who is the UK's favourite insurer?
RSA is the most improved motor insurer in customer satisfaction survey, while RAC is biggest faller
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Briefing: The twist in the Towergate tale is yet to come
Secured creditors may be in control at Towergate, but the endgame is still far from clear
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News
Willis Networks: Battling for brokers’ hearts and minds
The network split broker opinion last year when it changed its remuneration model for brokers. Managing director Sara Fardon explains how those that work closely with the network can benefit from the move
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The Knowledge: Underinsurance – When cover doesn't meet cost
Being underinsured can be costly for any business when it come to a claim. It falls to brokers to ensure clients have enough cover
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Think Simple, Apple’s ad guru tells insurance industry
Ken Segall, keynote speaker at the Insurance Times Innovation and Disruption Conference, helped shaped Apple’s ad campaigns
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Motor claims rise again
The Laspo reforms were heralded as the saviour of the insurance industry, but the latest figures from the Minsitry of Justice portal reveal a different picture
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REVEALED: how corporates rate brokers and insurers
Findings of Insurance Times sister publication StrategicRISK’s UK Corporate Insurance Buyers’ Survey 2015 suggest major brokers and insurers are failing to keep pace with changing corporate expectations
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Battle to control Towergate hots up
With the clock running for Towergate to find a buyer, there is a growing potential for clashes between secured and unsecured bondholders
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New dawn or false hope for Quindell?
Expectation mounts over PwC business review scheduled for the end of February
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The Knowledge
The Knowledge: Underinsurance
Figures suggest that underinsurance is a huge problem across the UK, not just for clients who risk being out of pocket at claim time, but for brokers whose job it is to ensure customers are correctly insured
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Holding top executives to account
Prudential Regulation Authority moots new regime for senior insurance managers
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The Knowledge: Avoiding underinsurance in a buyer’s market
As an improving economy encourages SMEs and homeowners to buy more insurance, they can demand better terms, such as the waiving of condition of average clauses
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Paris terror attacks a warning of rising geopolitical risks
The spread of political and ideological violence is expected to continue and the latest attacks are a warning that the risk is a global threat