News Analysis – Page 28
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News AnalysisInsurance firms ‘pivot’ towards front-facing and operational technology
’As firms strategise for 2023 and beyond, the integration of technology and the addressing of skill gaps will likely be at the forefront of their agendas,’ says chief executive
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News AnalysisBriefing: Insurers hope reinsurers do not break the bank in Monte Carlo
Behind the glamorous location, the view of many heading to the event is that this year it will be a case of the two c’s – climate and cyber
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News AnalysisIs regional growth a double-edged sword for the London market?
’There is a “massive opportunity’ for collaboration between regional hubs and the London market, says head of M&A
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News AnalysisHow are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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News AnalysisBriefing: Is the term insurtech still fit for purpose?
The term was initially used to describe insurance technology disruptors, but should it be made redundant as the sector shifts to a collaborative position?
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News AnalysisHas inflation been a ‘helpful correction’ for the UK motor sector?
’The only way to get a market correction is when there is something outside of the market’s control,’ says underwriting director
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News AnalysisBriefing: Autonomous journey will test insurers’ ability to navigate risks
New research out of Australia has provided yet more evidence of the risks insurers will have to consider when truly autonomous vehicles hit the roads
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News AnalysisIn Focus: How are motor insurers addressing popularity of electric vehicles?
Insurance Times asks industry experts if motor insurers are adapting their business strategies
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News AnalysisBriefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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News AnalysisIn Focus: What makes the motor market hard to compete in – and could there be future exits?
’I can understand some of the reasons why people might see this as the right time to get out,’ says director of insurance pricing
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News AnalysisTechTalk: ‘Licensing process is a maze’ for insurtechs tied up in complex regulation
For insurtechs applying for a carrier licence for example could hold options but due to complicated and lengthy approval periods it may not be suitable for all, which means Gibraltar remains popular
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News AnalysisThe Big Question September 2023: How can accessibility to insurance networking events be improved?
‘There are many different ways to look at accessibility and as an industry we’ve made some strides but need to continue improving’, one spokesperson says
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News AnalysisBriefing: Wages now key to battle for talent, but industry must revamp its brand
’The goal is also to minimise the tedious, repetitive and mundane tasks that lead to staff disengagement,’ says chief executive
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News AnalysisIs telematics undergoing a mass market transformation?
’If adopted on a mass market basis, then it can cater to all,’ says chief data officer
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News AnalysisLight at the end of the tunnel despite ‘muted’ insurtech series A funding for Q2
The insurtech sector is going through a ‘correction process,’ says Gallagher Re’s global head of insurtech
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News AnalysisAI can ‘turbocharge’ the UK insurance sector – NTT Data
’AI provides the ability to personalise the insurance jargon and output in a way that the recipient of communications will understand,’ says industry development lead
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News AnalysisBriefing: ‘Above average’ natural catastrophe losses for reinsurers should be a call to action for insurers
A trend of higher than average natural catastrophe losses has continued for the first half of 2023, according to global reinsurers
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IT InterviewSimon Ritterband: Huge market appetite as ‘genie is out of the bottle’ with drones
There is a “huge appetite” for drones in the Lloyd’s market as the technology is being used more and more in everyday life from surveying to inspection says managing director
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IT InterviewHelena Evans: From 19 year old loss adjustor to first female managing director
Evans discusses HNW loss adjusting insurance trends and her journey up the sector’s ranks
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News AnalysisBriefing: Antarctic warning will add to UK debate on climate insurability
The industry may well be at a tipping point where its role begins to shift
