News Analysis – Page 22
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News AnalysisStarr is the star of 2024’s Underwriting Gold Awards
Insurance DataLab has analysed the underwriting results of insurers and Lloyd’s syndicates across the UK and Gibraltar to find out which firms are the best performers in the market
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News AnalysisIs biggest always best for UK insurers hoping to turn a profit?
Companies rated as a top 50 insurer by GWP are falling behind smaller, more specialised operators when it comes to COR scores
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News AnalysisBriefing: Why insurers need to embrace Labour’s motor insurance taskforce
The new government’s action provides the insurance industry with a golden opportunity to improve its reputation with consumers
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News AnalysisBriefing: What career advice would you give to your younger self?
Reflecting on three defined career stages, opportunities abound in very different ways depending on a professional’s life stage
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News AnalysisLooming succession vacuum threatens future sector leadership
Broking businesses are facing a ‘talent crisis’ as progression routes into senior management roles are thin on the ground
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IT InterviewAmrit Santhirasenan: Hyperexponential growing organically amid AI revolution
’Technology has had massive leverage on different parts of society, but insurance is an area where it is still relatively early in modernisation compared to other sectors,’ says chief executive
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News AnalysisUnderwriters facing ‘hard time’ due to data increase
The ’ability to assimilate all of that knowledge and make sense of it is a really key challenge for underwriters’, says general insurance leader
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News AnalysisBriefing: Office vs remote working – does in person working really foster innovation?
Innovation is key for insurance firms to maintain a competitive advantage, but many firms lack the flexibility that drives it
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News AnalysisWould I lie to you?
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
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News AnalysisOpinion: Is the new Labour government getting serious about insurance fraud?
Editor Katie Scott questions whether the new administration is making insurance fraud a priority, building on the foundations left behind by the Conservative party
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News AnalysisMore data needed to tackle industry-wide social mobility challenges
Leading commentators have called for socioeconomic background to become a protected characteristic under the Equality Act 2010
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News AnalysisCould Labour’s 1.5 million homes plan spike construction insurance claims?
’We’ll get shovels in the ground, cranes in the sky and build the next generation of Labour new towns,’ says prime minister
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News AnalysisThe rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
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News AnalysisBriefing: Insurance industry at the centre of a new era of protests – and risks
Protestors targeting the insurance sector over covering broad risk classes is not new – however, deliberate action over insuring particular clients poses a new physical threat to businesses
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News AnalysisBriefing: New rules put AI in its place for actuarial use
After January 2024’s introduction of an industry-wide code of conduct for the use of AI in the claims sector, the actuarial industry is now following suit thanks to a regulatory update
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News AnalysisD&O cover complexities testing market as it seeks stability
’Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated and ESG claims are here to stay,’ says head of global financial lines
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News AnalysisIn Focus: Are software houses the future of eTrading?
RSA director notes there is a ’clear market demand for the job software houses do’
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News AnalysisBriefing: Cyber opportunities create new pressures for insurers
Acting quickly could be said to be insurers’ kryptonite – however, the supply and demand see-saw for cyber cover means insurers may need to embrace this discomfort
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News AnalysisPaul Anscombe: Seventeen Group’s independence means culture is the ‘number one priority’
After a healthy dose of M&A this year, the broker chief executive is keen to slow down purchases and showcase an organic growth focus alongside making larger, fewer buys
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IT InterviewJon Dye: Hiscox is third of way through ‘strategy for profitable growth’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
