News Analysis – Page 174
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What could the competition watchdog recommend for motor?
As the industry awaits the publication of the provisional findings of the Competition Commission probe into motor claims Insurance Times looks at what recommendations the commission might make, and what that could mean for motor claims costs
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The 2013 great broker M&A boom
Broker mergers and acquisitions rocketed in the second half of the year. What is driving the growth and what multiples are being paid?
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How will non-traditional capital affect the way the reinsurance market operates?
Love it or loathe it, capital market capacity is here to stay and traditional reinsurers are increasingly looking to exploit the opportunities it offers
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‘Crash for cash’ fraudsters to face tougher sentences
Sentencing guidelines for fraud cases are to be updated to ensure consistency in the UK’s courts
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Product innovation: do insurers need to do more?
New Ferma president Julia Graham (pictured) says insurers need to be more innovative and calls on brokers to help them up their game
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People & Opinion
Briefing: RSA bid unlikely, but Aviva is one to watch
This is an opinion of Insurance Times Editor Saxon EastSo is there going to be a major bid for RSA from the likes of Zurich or Generali? City rumours and a rising share price last week pointed to the affirmative. Yet a bid for RSA appears ...
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The race to lead Lloyd's: what challenges will the new chief executive face?
Richard Ward’s successor will need to embrace Vision 2025 and the internationalisation of the market
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News
Willis 360 deal faces hurdle as carrier is not yet signed up
One of three named supporters of Willis’ subscription deal is still mulling plan
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News Analysis
Flood Re faces being derailed by several challenges
Threat of EU intervention, emergency powers being used and criticism over SME exclusions threatens fledgling scheme
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Motor legal reforms: are falling claims volumes sustainable?
The number of claims entering the RTA portal has fallen year-on-year, but will the motor legal reforms succeed in keeping claims down over the long term?
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Solicitors' PI market in crisis: should brokers use unrated insurers?
The chaos surrounding this year’s solicitors’ PI renewals has been partly blamed on unrated carriers
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D&O insurance facing big changes in UK with plea bargaining laws imminent
Executives and directors could be ‘thrown under the bus’ by new laws, sources fear
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What do the latest delays in Solvency II mean for captives?
Uncertainty surrounding the new regime is stifling captive growth in Europe and beyond as decision-makers continue to restrict progress
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Upheld customer complaints for brokers surges: is service getting worse?
Are consumers being diverted to lodge complaints from insurer to broker? Or is service getting worse?
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What are motor insurers doing to cope with the new price war?
Data from Towers Watson and Confused suggests claims management company hotspots will feel the effects of the reforms most keenly
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The Knowledge: claims excellence
This month’s edition looks at how good claims handling is vital for brokers and insurers
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The Giles story: how optimism turned sour
Only three years ago optimism was so high shareholders were being asked to contribute to help the business grow. What happened to the once mighty consolidator?
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News
How the London market is transforming to a paperless industry
The Electronic Claims File (ECF) is the centrepiece of the London Market’s efforts to embrace a digital world
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Briefing: Goldman's risky business with Hastings
For all its strengths, Hastings is a highly leveraged business with all the risks