News Analysis – Page 49
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News AnalysisOpinion: M&A fuels record aggregate brokerage growth
Last year’s private equity investments and broker consolidation caused hikes in aggregate brokerage across this year’s top 50 brokers – but will this be repeated in 2023?
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News AnalysisBriefing: Can insurance step up and lead the charge to address gender pay gap failings?
New research from PWC says ‘it will take more than 50 years to reach gender pay parity’ – but does this present an opportunity for the insurance sector to use its financial acumen and resources to accelerate this timeline?
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IT InterviewAngela Kelly: Gender diversity in loss adjusting is ‘absolutely getting better’
Sedgwick’s director of client operational delivery feels ’that women can think more strategically in terms of problem solving when it comes to managing a claim’
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News AnalysisBriefing: Interpreting ‘beast’ of regulation is ‘battle’ due to unclear FCA communications
Insurers understand that regulatory compliance can be ‘painful and time consuming’ for brokers, but they believe that greater collaboration can reduce the admin burden
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News AnalysisMGAs have a bright future in UKGI
Insurance DataLab pulls apart findings from Insurance Times’ Five Star Rating Report: MGA market 2022/23 and its own MGA performance report to uncover why MGAs are seeing so much success with brokers
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News Analysis‘Cyber and technology risks’ pose ‘key challenges’ for aviation sector
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
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News AnalysisIn Focus: Broker schemes present an opportunity to better serve clients’ needs
‘By definition, if you’ve created a scheme, you’ve created a unique selling point,’ says group chief executive
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IT InterviewTroy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople
The specialist broker wishes to hit ’a sweet spot’ for supporting tradespeople rather than simply being a ‘jack of all trades’, says chief executive
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News AnalysisBriefing: Underwriter seeks to haul clients into tackling cargo crime with pricing incentive
MGA takes action after campaign to improve lorry safety appears to be on the road to nowhere
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News AnalysisTechTalk: Imminent Tech Nation closure could create ‘significant hole’ in insurtech investment
As Tech Nation prepares to close its doors at the end of the month, Insurance Times takes a look at what the government-backed asset did and how its closure may impact startup investment
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News AnalysisBriefing: HNW insurers must work with brokers better to tackle ‘nightmare’ Range Rover cover conundrum
Following increased Range Rover thefts, HNW insurers have put the brakes on their risk appetite for policies covering these cars
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News AnalysisThe Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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News AnalysisIn Focus: Are broker schemes on the rise again?
Industry experts tell Insurance Times about the recovery of broker schemes following the pandemic
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IT InterviewLee Davey: Creating an ‘intentional’ business requires commitment to ‘core values’
With Partners& growing into its first maturity stage, Insurance Times gets the story behind the business’ progress so far
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News AnalysisBriefing: Is the sector embracing plastic free repair materials to support UK’s sustainability drive?
Although plastic free materials are more attractive from a net zero perspective, ditching plastic in claims repairs could come at a cost for insurers and policyholders
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News AnalysisBriefing: Marine insurers hope Ukraine war anniversary will not leave them in sea of claims
With vessels still stranded in Ukrainian ports, there is a very real risk of marine hull claims following the conflict’s one year anniversary this month
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News AnalysisTrillion wide trade finance gap causes ‘challenging environment’ for insurers and SMEs
To address this, trade finance firms and trade credit insurers will need to act together
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News AnalysisInsurance ‘must take a leading role’ clarifying products to support secondary construction material usage
Although the use of secondary construction materials could assist the UK’s transition to a net zero economy, better communication between the build environment industry and insurance is needed to improve ‘risk perception’
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News AnalysisBriefing: Tech Nation is closing its doors – and it’s the end of an era
The insurtech market is mourning the approaching loss of Tech Nation - sector leaders say ’there is a real need for more scaleup support’ in its place
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News AnalysisBriefing: Is Ardonagh planning divestment following internal restructure?
The intermediary has stoked the industry’s gossip mill with its recent MGA restructure and noise about what the changes mean is now deafening
