News Analysis – Page 81
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Features
Financially stressed policyholders are a ‘moral hazard’ leading to increased claims
Insurance Times explores the correlation between policyholders’ financial stress and their propensity to make claims - here, we explain what insurers can do to recognise and aid these vulnerable customers…
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News
Insurtechs poised to prosper from post-pandemic business models
Many businesses are adapting their business model post-pandemic and seeking out on-demand insurance to cater to delivery surge, which could be a win-win situation for insurtechs
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IT Interview
Antilo – the MGA on a mission to use machine learning to better price risk
The MGA intends to help underwriters price risk more accurately using technology as well as bridging a “data gap” in telematics
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IT Interview
Travel insurers are ‘obviously only dealing with squeaky wheels’ says Aquarium Software
Insurance Times speaks to Aquarium Software director Mark Colonnese about the ‘car crash’ travel insurance sector and how insurtechs can turn the Covid-19 pandemic to their advantage…
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IT Interview
Q&A: Working from home and financial hardship creates ‘perfect storm’ for fraudulent claims says Horwich Farrelly
Insurance Times quizzes David Scott, counter fraud partner and head of innovation at Horwich Farrelly, about the fraud issues arising from the Covid-19 pandemic and what insurers and claims handlers can do to mitigate the fallout…
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News Analysis
Briefing: Could brokers be next in-line for the Covid-19 BI scandal?
The FCA test case on the validity of business interruption claims in the wake of the coronavirus outbreak will start next month. While insurers have been the ones under the spotlight so far, brokers could be next if insurer’s get a favourable outcome
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Online only
Competition watchdog probes brokers over Ardonagh buy
The Competition and Markets Authority is asking brokers a range of questions over an Ardonagh broker buy. Ardonagh is the largest player in UK personal likes broking, rising up the rankings again of our Top 50 brokers following a series of acquisitions led by chief executive David Ross. The competition ...
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Briefing: The story behind Ardonagh’s mega-refinancing
The deal gives Ardonagh additional firepower for M&A
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IT Interview
Traditional insurance does not have ’much shelf life left’, says Pukka’s Sam White
Industry multi-tasker Sam White on why brokers have an ‘important role’ to play in insurance
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IT Interview
Opportunity to boost terror insurance penetration seen amid lockdown
The socio-economic pressure on UK society could lead to a spate of terrorist attacks post-pandemic but there are measures that brokers can take to drive the penetration of terror cover up for SMEs and help ensure they can recover should the worst happen according to Geo Underwriting
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IT Interview
Insurtech offering brokers and underwriters PPL alternative sees business boom during Covid crisis
With Covid-19 accelerating electronic placing in the insurance industry, insurtech Whitespace is on a mission to help brokers and underwriters smoothly transact as its platform business is soaring
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News Analysis
Short-term rentals and Airbnb insurers impacted by Covid-19 lockdown
With lockdown easing, the sharing economy may be able to recoup some losses, but at the same time new risks and property exclusions have emerged
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News Analysis
Law firms create interfaces for delayed LiP portal as its deemed ‘too complicated’
Some law firm’s have created their own technological interfaces to support insurers responding to claims or claimants filing one, Insurance Times investigates why
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News
Briefing: Is this the beginning the end of the mutual?
Today, mutual insurance companies can be found in nearly every insurance market in the world, but is the future of the mutual insurer under threat?
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IT Interview
Etrading Q&A: Insurers need to up their game on the risks available via etrading says Allianz
Allianz’s digital trading manager says speed of delivery is a key area of improvement within etrading, but insurers also need to meet the demand to write more complex risks digitally
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Online only
Briefing: Why Allianz could acquire RSA
Part two of our commentary on post-Covid M&A prospects
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IT Interview
Q&A: Brokers understand customers who ‘don’t fit the standard box’ says ThingCo chief exec
Insurance Times speaks to ThingCo chief executive Mike Brockman on how telematics is going wrong and what brokers can do to overcome hurdles and cost barriers in order to make telematics work.
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IT Interview
Insurance sector is ‘going to be seen as uncaring’ as a result of Covid-19 outbreak
PIB Group’s chief executive says the insurance industry will be painted as the villain of the coronavirus crisis
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IT Interview
Insurers re-setting HNW boundaries to take advantage of higher premiums and margins
The mid net worth market is likely to merge into core domestic household products says loss adjustor
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IT Interview
MGA Q&A: ‘Much of what sets us apart is not provided by the broader market’ says Nexus Underwriting
Nexus Underwriting group chief underwriting officer André Ford talks to Insurance Times, discussing the reputation of the MGA market, capacity concerns among brokers and exploring the underwritng and claims processes used to stand out in the MGA market