Although larger insurers understandably take advantage of economies of scale, smaller firms have obtained profitable results for the first time in three years thanks to specialist know-how and improvements in loss and expense ratios
Are insurers taking on board broker advice and expertise when it comes to digitally placing commercial lines risks, or are eTrading processes blocking this type of collaboration? Insurance Times asks industry experts to find out…
’Insurers or any of the organisations that fall into scope need to ensure that any suppliers or agents likely to act on their behalf have the relevant controls and processes in place to mitigate the risk,’ says head of fraud
MGAs often bring a complementary skill set to the value chain table, enhancing brokers’ service proposition and encouraging innovation
Adam Harper, the Chartered Insurance Institute’s executive director of strategy, advocacy and professional standards, discusses the importance of identifying and addressing vulnerability
Insurers, keen to fight for market share, are more likely to support brokers who can adjust to these market conditions
Relevant research finds that the number of customers who are comfortable with artificial intelligence deciding their policy price without human intervention rose from 31% in 2024 to 37% in 2025
Although some regulators and clients may question the role of insurance brokers, trade organisation emphasises that ‘specialty brokers are the connective tissue of the global insurance market’
Chief underwriting officer explains ‘twofold’ strategy for 2026, which will see the hybrid fronting firm add new UK MGAs to its roster alongside a European expansion
Cyber security is a notoriously complex topic, with insurers grappling online threats that seem to change by the day, but does the key to effective and proactive cover actually lie in simplifying things for policyholders?
Following in the footsteps of machine learning implementations, operationalising artificial intelligence successfully will be the differentiating factor for firms in UKGI, says chief product officer
Relevant research finds that the number of customers who are comfortable with artificial intelligence deciding their policy price without human intervention rose from 31% in 2024 to 37% in 2025