News Analysis – Page 75
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Online only
Briefing: Broker profits are seriously threatened by FCA premium finance crackdown
The FCA’s plans to crackdown on premium finance are causing serious concens for brokers
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IT Interview
EC3 Brokers calls on government to become ‘insurer of last resort’ for live events
The broker has called on the government to become the insurer of last resort for the sports and entertainment industry and warns of the potential ’carnage’ on the UK’s economy if these venues cannot get the insurance they need to operate
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News Analysis
‘Earth shattering’ - The FCA’s big plans to shake up premium finance
The proposed new rules could dramatically alter the income earned by insurance brokers
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IT Interview
Brokerbility buy is a ‘tremendous opportunity’ says Clear Group boss
Broker to target small, specialty firms as part of M&A expansion plan to support ‘gradually moving up the ladder’
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News Analysis
Post-pandemic recession could spell more trouble for solicitors’ professional indemnity insurance
With renewals earmarked for 1 October and a possible economic recession ahead, solicitors’ professional indemnity is back in sharp focus, Insurance Times finds out why
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Features
Covid-19 claims yield abundant harvest for claims farmers
Delegates at Insurance Times’s third virtual roundtable say the ‘farming scope for Covid claims is absolutely massive’
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IT Interview
Uninsured smaller acquisitions spark fresh demand for insurance solution says CFC’s Angus Marshall
With a potential post-pandemic capacity crunch in M&A, CFC’s Angus Marshall gives his view on the current environment and why corporates are looking at warranty and indemnity insurance
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IT Interview
How Amazon’s latest insurtech tie-up could be template for disruption
Tech giant Amazon recently partnered with an insurtech instead of an incumbent, Altus’s consultant Patrick Hayward tells Insurance Times why this move is an important one
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News Analysis
A-Plan deal a ‘stepping stone’ to further growth says David Howden
The near £700m deal is expected to create a £1bn broking giant once it completes, and with reinsurance and London specialties joining forces with a large regional presence, the newly formed business will have a number of strengths to bring to market
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News Analysis
Briefing: Covid-19 set to drive up popularity of captives
The Covid-19 pandemic has accelerated an already emerging trend of corporates taking refuge in their own captives, and brokers will need to change the way they operate in response By insight editor Matt Scott
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Features
Covid lockdown boosts industry’s prospective talent pool thanks to home working
Boris Johnson’s working from home initiative to mitigate the spread of coronavirus may have given the insurance industry’s recruitment drive a much-needed injection, as the siren call of home and flexible working has the potential to attract new, diverse talent
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IT Interview
Consumer Intelligence warns premium hikes could follow FCA pricing report
Consumer Intelligence has warned that premium hikes could follow the proposals that were laid out in the FCA’s pricing practices report which was published yesterday
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News
Insurtech sector backs FCA’s ‘price walking’ ban as move towards restoring trust
The insurtech sector has welcomed the FCA’s proposals on banning ’price walking’ and sees it as a move towards restoring trust in the insurance industry
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News Analysis
FCA pricing report benefits customers – but is there more to it?
At face value the FCA pricing practices report benefits the customer, and while the insurance industry largely backs the proposals, there have been a number of concerns raised over its implementation
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Online only
Briefing: The winners and losers from the FCA’s pricing ban
FCA price walking ban impact on customer, insurers, brokers and aggregators
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IT Interview
Lockdown is technology’s ‘moment to shine’ says Insurercore’s founder and MD Peter Clarke
Technology has been crucial during the UK’s lockdown - this has accelerated platform on-boarding and searches for Insurercore, the insurance market’s risk appetite directory, which acts like a ’dating agency’. Its managing director Peter Clarke tells Insurance Times why the Covid-19 pandemic is technology’s ’moment to shine’ and discusses the ...
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News Analysis
Briefing: Lloyd’s results revealed a big Covid-19 hit, but under the surface things may be looking healthier for the market
The Covid-19 pandemic forced Lloyd’s half-year COR up to a highly unprofitable 110.4%, but underneath, a disciplined approach to underwriting could be setting them up for a return to profit in 2021 By insight editor Matt Scott
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IT Interview
Kingfisher adopts strong M&A focus as part of business re-brand
A 12-month, multimillion pound transformation and change project has seen Vantage Holdings morph into the newly rebranded Kingfisher Holdings. Insurance Times gets the details from the firm’s group chief executive
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News Analysis
Policyholders need to home in on balance sheets to take advantage of test case verdict
Although claims preparations can now go ‘full steam ahead’ following the publication of the High Court’s ruling, projected profits and losses must be considered for quantum purposes
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News Analysis
FCA called out as ‘shining example of regulatory intervention’ for test case action
Despite being celebrated as a policyholder victory, many legal professionals feel this reaction to the test case verdict could be ‘premature’ as the likelihood of an appeal from insurers still looms large