News Analysis – Page 74
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NewsBriefing: How insurers can beat the recession
Covid-19 has hit the insurance industry just as hard as the 2008 global financial crisis. But with the global economy hit even harder this time around, insurers are setting themselves up for a quicker return to growth than many may anticipate By insight editor Matt Scott
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IT InterviewTara Waite on why being Premium Credit’s chief exec is a ‘natural fit’
Premium Credit’s chief executive Tara Waite reflects on her time at the top against the backdrop of the Covid-19 pandemic
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FeaturesUK Motor Focus: Automated lane keeping tech could cause insurers’ claims costs to spiral
With the liability for autonomous vehicles placed at the doorstep of insurers, Insurance Times explores how the recent government consultation on automated lane keeping technology could prove to be a headache for insurers amid a growing list of safety concerns
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Online onlyBriefing: Why FCA-hit aggregators will likely squeeze insurers harder
Tensions between insurers and aggregators will likely increase amid the FCA pricing crackdown
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IT Interview‘Time is ripe’ for technology transformation says Kingfisher
The broker’s group director of transformation tells Insurance Times about its newest technology partnership and how the business plans to revamp back office functionality to support both staff and customers
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News AnalysisCourt of Appeal ruling could have insurers revisiting their reserving for personal injury claims
Although the court may have rectified a ‘clear injustice for many disabled claimants’, the insurance industry will now have to pick up the price tag for additional accommodation costs in serious personal injury cases
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IT InterviewIndustry-wide focus on inclusion ‘does tell a different story about our sector’ says ABI’s Evans
Following the business interruption insurance backlash surrounding the FCA’s test case, the ABI’s director general believes the sector’s recent focus on diversity, inclusion and mental health can help mitigate insurers’ reputational damage
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IT InterviewGeobear – the tech firm cutting the insurance industry’s subsidence claims costs by 20%
Subsidence claims are lengthy and expensive to solve, however Geobear is working with the insurance industry to reduce costs and cut claims down time by 70%
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News AnalysisBriefing: Covid-19 is making things complicated for personal lines insurers
Consumers are craving simple products in the wake of the Covid-19 pandemic, but at the same time they want products that are adjustable and tailored to their needs. This means insurers need to find the right balance when designing their products, but that is easier said than done By insight ...
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FeaturesBroker Scheme Focus: Should brokers take some responsibility for customers with unpaid Covid BI claims?
Insurance Times gets different perspectives on whether scheme brokers should share the blame when it comes to unsatisfied business interruption customers left with unpaid claims due to the coronavirus pandemic
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People & OpinionOpinion: Capacity constraints continue to worry brokers
Editor Yannick Guerry cherry picks some of the central insurance themes arising this month, particularly around capacity within the MGA market
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Online onlyBriefing: Why aggressive FCA will next turn to commercial insurance
The FCA is intently focused on value. It’s agenda will lead to a fresh look at commercial insurance
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IT Interview360Globalnet boss says no code technology is ‘next big thing’ for insurance
The insurtech’s chief executive, Paul Stanley tells Insurance Times why no code technology is going to be the ’next big thing’ in insurance and reveals how the technology’s flexibility allowed 360Globalnet to build its own Track and Trace System
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FeaturesBroker Scheme Focus: FCA test case result has ‘amplified’ impact on broker schemes
Insurance Times speaks to experts across the sector to find out how broker schemes will be affected by the recent test case verdict on the interpretation of business interruption policy wordings for Covid-19 claims
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News AnalysisPrice comparison websites ‘could be the real loser’ from FCA’s fair pricing report
Insurance Times explores how the regulator’s proposed measures to mitigate price walking could have an adverse effect on the use of price comparison websites
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News AnalysisThe Big Question October 2020: How might a Covid-19 second wave and lockdown affect brokers that rely heavily on face-to-face networking?
The Covid-19 pandemic has seen the insurance industry’s conferences and networking events take a hit,with social distancing still in force as the UK faces a second wave and potential lockdown, innovation is still paramount. Insurance Times asks the industry how some brokers who rely heavily on face-to-face networking have ...
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Online onlyBriefing: £11bn lost revenue … astonishing costs of FCA price reform
It is enough to make the mind boggle. Looking through the FCA’s pricing reform papers, some startling predictions are made by the regulator. The revenue lost to UK General Insurance is huge, putting this regulatory event as possibly the most costly industry event in the recent history of this ...
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NewsBriefing: Hyperion equity deal sets up regional acquisition spree
The A-Plan deal gave the Hyperion group a new presence in the regional broking market. Combining this with a newly expanded M&A war chest could pave the way for some exciting times ahead By insight editor Matt Scott
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IT InterviewMike Keating takes ‘relentless engagement’ approach to new MGAA role
The association’s new managing director explains his leadership priorities and highlights the key challenges MGAs need to keep on their radars
