News Analysis – Page 4
-
AnalysisIn Focus: How should the industry adapt to AI written insured submissions to prevent accidental application ‘fraud’?
During the latest Insurance Times TechTalk Live event, the discussion raised the issue of increasing use of AI by customers to write policy inception or claims submission materials, leading to non-deliberate misrepresentation caused by AI-generated inaccuracies. How should the industry face this emerging threat while safeguarding the customer experience?
-
News AnalysisBriefing: Brokers have ‘big inertia’ around cross-selling – but terminology shift could support soft market retention strategies
A perhaps underutilised tool in brokers’ armoury, cross-selling might be a better wielded retention weapon if described as ‘complete risk protection’, noted schemes focused speaker
-
AnalysisHackers using stolen insurance documents to tailor ransomware demands
Cyber criminals are using stolen insurance documents to extort the maximum ransom from their victims, with one such group declaring, ‘we are very well informed and precise in our operations, so we know that Wootton have cyber insurance that reaches £500k’
-
AnalysisBroker CEO Forum: Industry must make talent development ‘strategic and intentional’
’Having better, more well rounded individuals that understand all facets of the market is a real investment in the industry of the future,’ says insurer’s head of retail
-
News AnalysisBriefing: Ex-Lloyd’s chief executive still to find a home after AIG split
Former Lloyd’s leader has showcased inconsistency in career prospects after declining Aon and AIG advances – but what is the reasoning behind this and what could be next for Neal?
-
News AnalysisInsurers face growing exposure as surge in workplace stress escalates
‘The biggest overarching driver we see is awareness – we’re all far more aware of mental health and its impact on business,’ says broker
-
News AnalysisCan gadget growth help attract the next generation of insureds?
Growing rates of gadget insurance uptake among younger customers presents an opportunity for the insurance sector to demonstrate its value to a new cohort
-
AnalysisWas scratching out required pet damage insurance from Renters’ Rights Act a missed opportunity?
With the Renters’ Rights Act coming into force last month, the decision to drop the clause that allowed landlords to require tenants hold pet damage insurance has come under fire, with a managing director branding it a ‘retrograde step for landlords and tenants alike’
-
News AnalysisSector should not aim to implement AI as a ‘be-all and end-all’ solution
’The AI can recommend a course of action, but the handler has to take the final decision,’ says chief executive
-
News AnalysisOpinion: German family owned brokers present next M&A sweet spot for consolidators
Brokers in Germany are fast becoming ‘very attractive to prospective international buyers’ as ‘mature’ UK market displays ‘an increasing scarcity of targets and limited runway’ around M&A opportunities
-
News AnalysisPrices plummet as diesel vehicles ‘biding their time before the scrap heap calls’ – Percayso Inform
The resale price of electric cars has rebounded from a record low in April 2025, while diesel vehicles continue to haemorrhage value, according to the latest used vehicle market data from Percayso Inform, released in partnership with Insurance Times
-
IT InterviewXavier Laurent: Banging the drum for ‘consistency’ at Covéa Insurance following new UK leadership
Although emphasising that status quo will be maintained at the insurer in the short term, incoming chief executive adds that his business development expertise will prove ‘instrumental in supporting Covéa Insurance’s next chapter’
-
IT InterviewGeorgina Davis: Making a mark on regional growth and future leaders
After six months in role, the sector’s youngest regional head has taken her division from strength to strength – writing over 30% more new business so far this year than in all of 2024
-
News AnalysisBriefing: As Reeves urges insurers to back London, where should investment be made?
’The right technology and tools can empower the workforce to punch above its weight and further grow our share of the global market,’ says London market director
-
News AnalysisBriefing: Lloyd’s in climate crosshairs as campaigners call for fossil fuel exit
Although passionate protestors declare that Lloyd’s of London is ‘condemning us all to a future of climate chaos’ by insuring fossil fuel projects, there is still a waiting game to be played as the renewable energy sector attempts to gain critical mass
-
News AnalysisIn Focus: Are HNW lifestyles evolving faster than traditional risk models?
’The reality is that the pace of client innovation is outstripping the industry’s ability to respond,’ warns associate director
-
News AnalysisRetroactive reckoning: Construction PI faces its 30-year shadow
‘Developers thought projects from 20 years ago were long tail – now they’re live liabilities again,’ says managing partner
-
IT InterviewRoss Dingwall: Mission’s new chief executive on ‘turbocharging growth’
’We’ve got substantial growth plans for the business and are looking for it to be eight to 10 times bigger than it is today in 2030, across the UK and Europe,’ says recently appointed chief executive
-
News AnalysisThe Big Question: What’s the next black swan event for UKGI – and is the sector ready?
From climate shocks to cyber catastrophes, insurers are expanding scenario modelling, deepening collaboration and investing in data-driven resilience to withstand the next systemic disruption. But how important is this preparation? Insurance Times puts the question to leading voices from the market.
-
AnalysisBriefing: Digital ID is no panacea for fraud – and implementation challenges lay ahead
While the benefits of easily validated identification may seem obvious, the sector must ensure it navigates the implementation of digital IDs with care and consideration
