News Analysis – Page 66
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AnalysisBriefing: Is a four-day working week the ‘pinnacle of work-life balance’ for insurance sector?
Does the insurance industry have an appetite to try a four-day working week, or will this simply exacerbate some of the difficulties already experienced as a result of homeworking?
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AnalysisAviva to accelerate regional broker investment and underwriting footprint expansion
The insurer tells Insurance Times its plans for mid-market broker investment and how it is tackling underinsurance
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AnalysisBriefing: FCA is crushing the life out of brokers - it must be reined in
A major consultation is under way which could rein in the FCA
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AnalysisUK’s changing climate will drive industry focus on innovation and risk management
Brokers that can help businesses with “training, monitoring and being ready” ahead of potential flood damage can ensure their commercial clients have a “massive differentiator”
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AnalysisHunting down the truth about trail hunting insurance
Although insurance does not cover illegal activities, such as fox hunting, verifying potential trail hunting-related claims could fall into a protection grey area
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AnalysisHouse of Lords debates need for e-scooter safety regulations and compulsory insurance
Speakers in the House of Lords last week debated the safety of e-scooters on UK roads and whether more stringent regulation is needed amid claims that ’the pavements have become a jungle’
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AnalysisIFED ‘cannot afford to take foot off the pedal’ when tackling ghost broking
Temporary detective chief inspector Tom Hill, acting head of the City of London Police’s Insurance Fraud Enforcement Department, reviews 2021’s key insurance fraud trends and identifies what the industry needs to watch for this year
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AnalysisBriefing: Brokers continue to face ‘absolutely dreadful’ insurer service
Feedback from brokers still flags insurer service as being ‘on its knees’ due to difficulties with homeworking – will the lifting of work from home guidance this week see brokers benefit from improved service?
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AnalysisBriefing: Can Aviva’s share price really hit 800p?
Aviva’s activist shareholder wants an 800p share price. Is this realistic?
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AnalysisGibraltar on the rise as underwriting performance improves on the Rock
Insurance DataLab unveils which lines of business are proving most profitable for Gibraltar-based insurers using its unique underwriting rating methodology
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AnalysisBGLI and Markerstudy to ‘end up with much more than the sum of the parts’ following acquisition
Both businesses plan to cash in on the ‘real opportunities’ they believe arise from this ‘perfect strategic’ acquisition, including boosting pet insurance distribution
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AnalysisInsurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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AnalysisBriefing: One year since Supreme Court’s BI judgment, yet outstanding questions remain
Law firm reveals litigation around BI claims is still on the table for this year, especially as the FOS appears to be siding with insurers in the majority of BI-linked cases since last January
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IT InterviewEndsleigh Insurance focuses revitalised four-year strategy on three customer niches
The broker’s chief executive says the refreshed business strategy enables the firm to go ‘deep and wide’ in particular market segments and ‘grow back into its shoes’
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AnalysisBriefing: Five big issues facing insurance firms in 2022
It’s not just the FCA’s pricing and product reform that will be on the mind of the industry in 2022
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AnalysisBriefing: OIC portal intention unfulfilled as LiPs still fail to engage with platform
Claims experts confirm that Official Injury Claim portal is not being used as intended, with representation levels high as new process is live tested on claimants
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AnalysisSMEs conducting ‘severe gross exaggeration’ on claims has ‘gone beyond a joke’
Small businesses are still suffering cash flow constraints following the coronavirus pandemic, leading to potential claims exaggeration or high value vehicle thefts, reports fraud experts
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AnalysisD&O risks in 2022 defined by diversity and Covid liabilities
Diversity-related suits could potentially be catastrophic’ following FCA consultation, says broker
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NewsInsurance industry grapples to solve rise in motor claims inflation
Claims inflation is soaring. Those in the industry share their views on how to tackle the challenge. Bodyshops will play a crucial role in helping insurers get to grips with it
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AnalysisRemote working drives broker E&O claim leap
UK regional brokers must consider how they can better manage the move to a hybrid or fully remote working model amid increasing errors and omissions claims
