News Analysis – Page 63
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News AnalysisPeers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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FeaturesThe Big Question May 2021: How can the industry work to remove barriers and become more accessible for millennials?
Millennials, the first digitally raised generation, continue to shape and change entire industries. Continuing discussions from Insurance2025, Insurance Times asks the sector how it can meet growing demands for modernisation from younger people
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IT InterviewRichard Brooks: Brokers need to be ‘flexible’ and offer ‘fit for purpose cover’
As the demand for technology SMEs grows, brokers that provide a specialist solution will have the edge
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IT InterviewSemi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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News AnalysisD&O market challenges remain as capacity and conditions still a concern
Underwriters are ‘wary’ of claims against board members, therefore brokers must work to differentiate their clients’ risks
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IT InterviewDavid Bearman: ‘Our focus will be to build a broking house that will be decade defining’
After 25 years at the helm, the insurance group’s chief executive says the business is ‘just getting started’ as it unveils new brand and restructure
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FeaturesIn Focus: What are the most pressing issues for the insurance sector post-pandemic?
The four panel chairs of Biba’s upcoming annual conference in May discuss the most urgent challenges for the insurance industry, as well as explain what the trade body’s annual conference means to them
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IT InterviewAndy Fairchild: Taking advantage of technology in an intimate, advice-led way is ‘critical’
Trend-led brands will help establish the ‘winning insurance brokers for the next decade’
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News AnalysisAmazon’s latest partnership could mend insurance sector's broken trust
Industry experts debate Amazon Business’s latest partnership with Next Insurance and what it means for insurtechs
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FeaturesBriefing: Consolidation could cause culture concerns for broker staff
The rapid-fire of broker consolidation has caused the subject to be placed under the industry’s microscope, with commentators discussing the good, the bad and the potentially ugly…
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FeaturesBriefing: FCA’s ‘fair value’ is huge challenge for SME insurance
SME is also included in the FCA’s changes on pricing and product value
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FeaturesWhat are the most profitable schemes and growth opportunities for brokers?
Although not tipped as the best performing scheme year-on-year, contractors all risks cover represents a ‘market opportunity for brokers’ as the UK exits lockdown
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FeaturesAon-WTW merger comes down to divestment deals
Smaller brokers may be able to pick up bargains as Aon and WTW look to dispose operations to get merger green light
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IT InterviewIoT devices are driving cyber insurance evolution – CGI
Furthermore, insurers need to look to their own cyber security to mitigate data breach risks
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FeaturesJames York: Open insurance is an opportunity, but buyer centricity is vital
Insurtech founder says the industry must ’step up’ because open insurance presents many benefits
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FeaturesIn Focus: Biba’s Steve White commends broking industry for its resilience
Biba’s chief executive discusses upcoming challenges for brokers ahead of the trade body’s annual conference
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IT InterviewInsurance2025: On Demand Sessions, 2021
Enabling consumers ‘to pick and choose how they interact with their broker’ will be essential
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FeaturesJessie Burrows: ‘In a fast-changing world, doing nothing is a very dangerous strategy’
Embracing self-serve in the insurance industry will be essential moving forward
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IT InterviewCharles Manchester: MGAs face ‘challenging time squared’ due to pandemic
The chief executive discusses why brokers and MGAs must be more organised now than ever before
