Story of the Day – Page 24
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News AnalysisThe Big Question: How does the increasing integration of data analytics in insurance impact the war for talent?
AI and advanced data analytics are already making waves in the insurance sector. Insurance Times interviews five industry experts to delve into their perspectives on the significance of this technological transformation for the industry.
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News AnalysisUK has ‘right approach’ to AI versus EU’s legislation
’The real risks are with the use of AI, not with the technology itself,’ says chief executive
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News AnalysisIn Focus: Are MGAs replacing traditional insurers and how are they differentiating themselves to grow market share?
Insurance Times asks industry experts how MGAs are standing out to supersede insurers and increase their market share
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IT InterviewJason Storah: Brokers are ‘fundamentally important’ to Aviva
Although new UKGI boss didn’t expect to move away from his Canadian business leadership, he swiftly recognised the ‘really big opportunities’ present in the UK market
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IT InterviewJason Storah: Aviva’s Probitas buy marks ‘win-win’ to accelerate ‘organic ambitions’
The purchase gives the insurer instant ‘scale’ in the Lloyd’s market, says UKGI chief executive
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IT InterviewBill Bradshaw: FM Global able to take ‘a really long-term view of risk’ where climate is concerned
’What is important is that we have the data that allows us to make really good decisions and look for innovative solutions,’ says operations manager
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IT InterviewJodi Cartwright: The startup world is ‘where my heart is’
In January 2024, after six months of trading, Tint had facilitated a global flow of goods valued at £15m
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IT InterviewRob Munden: Euna’s Five Star service hinges on ‘not becoming complacent’
This year’s top rated MGA speaks to Insurance Times about what the firm has been up to
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IT Interview‘Scalability and growth is a massive thing for us’ – GoShorty
’That was the first barrier that was broken down – the idea that software houses only wanted to deal with big blue-chip companies and well-established brokers,’ says founder and managing director
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News AnalysisBrokers reveal concerns about capacity for ‘under pressure’ MGAs
One broker highlights fears that MGAs may be looking ’to all sorts of weird and awful sources of capacity’
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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News AnalysisIn Focus: How niche schemes are becoming more important to brokers’ growth strategies
Niche schemes have been talked up by experts after brokers were told to focus on size or speciality in the future
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IT InterviewClarissa Franks: ‘Growth is the mission’ for Lockton UK
The independent broker is focused on strong organic growth and gathering ‘superstar’ talent, says head of UK retail
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News AnalysisWill insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
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News AnalysisTechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
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News AnalysisIn Focus: How can brokers showcase their value to insurers via specialist schemes?
Insurance Times asks industry experts how brokers can leverage specialty and expertise to increase their value
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IT InterviewDiversity of fraud is ‘biggest challenge’ for UKGI market – IFB
The IFB’s first published business plan seeks to define ‘the foundations to implement meaningful change and ensure we can service other product lines’, says director
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News AnalysisWhat’s going on with Gap insurance after FCA’s bombshell announcement?
’Gap was probably at the highest of everybody’s list in terms of a product that was ripe for being targeted and corrected,’ says chairman
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News AnalysisSuperscript enters next phase of accelerated growth with SME focus
’It’s been quite a journey already – the next phase is about maturing as the scale comes,’ says chief executive
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News AnalysisProduct recall insurance increasingly relevant as threat grows
’Often, the biggest concern for business is the reputational loss,’ says legal director
