All Online only articles – Page 123
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Q&A: Andrew Kendrick, ACE EMEA president
Kendrick on trends, competition, compliance and role models
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Lloyds Banking Group fined £28m for 'serious failings' in sales practices
Fine increased by 10% due to prior warnings about incentives and previous disciplinary record
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The Knowledge: broking in the UK
Despite a difficult five years, UK brokers remain optimistic and continue to demonstrate the value they bring. We look at the pressures they have been facing and what the next 12 months might bring
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11 December 2013 Issue
Read a digital version of the 11 December 2013 edition of Insurance Times. It includes a write-up of the glittering Insurance Times Awards at the start of the month (see separate e-zine for full details of the event), an overview of the year for the big four brokers, more from ...
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'A year of challenge and promise'
The effects of increased regulation will be high on the agenda for both brokers and insurers in 2014.
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Credit hire rates over inflated by 58% - TCF
And credit repair rates can be as much as 30% more expensive than the open market
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Motor insurance fraud: 'The genie is out of the bottle' - Hill Dickinson
As the first Hill Dickinson Claims and Fraud Index maps the UK’s motor fraud hotspots, Hill Dickinson’s Peter Oakes said fraudsters will continue to exploit the weaknesses in the market
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Where is credit hire and repair most over inflated?
Some regions of the UK have credit hire rates over inflated by as much as 68.4%, while credit repair can be up to 39.1% more expensive for insurers
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How Asian catastrophes started a revolution in the cat modelling world
Modellers have had to have a re-think about how they model risks and how risk correlation is accounted for in models
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Storm situation is improving - Environment Agency
But things could have been much worse had flood defences not been effective
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Can financial strength ratings be trusted?
Ratings play a vital role in helping brokers choose insurers, but do not have the best record for predicting failures
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Medical panels for whiplash from next year
Independent panels will be introduced to help fight bodily injury fraud
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Helphire raises £60m through new shares
New funds will go towards growth plans for the business
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Government outlines plans to develop insurance industry
And six major insurers pledge £25bn investment in UK infrastructure
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Zurich may sell underperforming businesses
Move is an attempt to improve profitability after missed profit targets
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Trade credit insurance: how has it adapted to the post-financial crisis world?
The trade credit insurance market is a different beast compared with before the financial crisis, but what lessons have been learned and how has the market adapted to the new landscape?
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Mid-market firms facing more export risks - ACE
Ace Continental Europe president warns that distributors are facing higher levels of export risks as they expand into emerging markets
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Telematics to account for 15% of motor policies within five years - BCG
Changing regulatory landscape could provide the boost needed to increase uptake of the technology
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Ghost broking a 'significant problem' - Hill Dickinson
The sheer volume of operations is causing the most problems for insurers