All Insurance Times articles in On-Line Archive – Page 2408
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NewsRising cost of living provides ‘opportunity’ for industry to tailor products – Guidewire Software
Ever increasing inflation is causing consumers to choose between putting food on the table or buying insurance - however, the industry is in a key position to adapt products to suit changing demands
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NewsLloyd’s launches pilot LGBTQ+ mentoring programme
The programme is expected to go live in September 2022
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NewsMusic streaming giants’ success is cautionary tale for Future at Lloyd’s – Altus
’Proper playbooks’ are needed to help Lloyd’s regain competitive edge
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IT InterviewMGA Q&A: Brokers ‘should not tolerate poor service in an industry that prides itself on professionalism’ - DOA
DOA Underwriting’s director of commercial lines, Phillip Oliver, provides an overview of the factors impacting MGAs today and explains what his firm has been up to over the last 12 months
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NewsPublic expects insurers to ‘lean into’ the challenges posed by systemic risks – James Dalton
The sector must ‘think carefully’ about how it can best respond to these types of risks, however
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NewsBroker consolidation indicates ‘rosy future for the broking market’ – Accenture
Brokers must also move from ‘traditional risk indemnity into risk management mitigation’ to obtain ‘frequent customer engagement’, says senior managing director
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NewsRipe Thinking’s £23.3m turnover for 2021 signals insurtech’s growth
The insurtech now has plans to grow its staff numbers and will be launching new products later this year
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NewsStrike action travel insurance cover sparse amid airline complications – Which?
Nearly half of travel insurance policies do not cover customers for strikes by airport or airline staff, the firm’s latest research reveals
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NewsLV=GI secures IFB leader as new director of financial crime
The appointee has spent the last three years at the MIB in addition to leading the IFB
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NewsNewest OIC performance data show continued decline in claims
The portal is also ‘failing’ to provide access to justice as average settlement times are increasing, according to ACSO executive director
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NewsHoncho is ‘packing up’
The business found ’it difficult to acquire customers in a highly competitive space’ as well as rising inflation
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NewsCopart UK acquires Ageas’ green parts provider
The firm says the deal is an ‘important additional service’ as ESG demand fuels recycled car parts growth
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IT InterviewInsurance sector – especially brokers – must lead ‘stewardship’ of net zero transitions
Although data forms the foundation of driving net zero transitions, brokers have an ‘elevated role’ to play when communicating propositions to clients, according to Accenture’s experts
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NewsEmerging BazarCall ransomware targeting small businesses, CFC warns
Most workplaces do not educate staff about social engineering attacks, says cyber threat analysis team leader
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NewsFlood Re reports £46m in GWP for 12 months to March 2022
The government-backed scheme hopes to build on the success of its ’Build Back Better’ initiative in the coming year
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NewsBeazley warns of ‘increasingly complex’ cyber risks
It is essential that organisations understand cyber threats and resulting vulnerabilities, says global head of cyber services
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NewsJust Travel Cover buys London-based travel insurance scheme specialist from insurtech
Existing partnership moves to ‘the next level’ as part of ‘wider company growth strategy’
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NewsPoor management of climate risks could lead to D&O and E&O claims – Kennedys
Environmental and climate risks can impact ‘all types of insurance policies’ because they are ‘a constant, growing concern’, says law firm partner
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NewsLycetts’ pre-tax profits jump up by 154% in 2021
Investing in people, operations and infrastructure has supported this growth trajectory, says chief executive
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AnalysisBriefing: Goldman Sachs’ Midas touch turns to The Clear Group
The intermediary’s ownership of a broker network creates a potential acquisition pipeline that appeals to the investment bank
