Story of the Day – Page 5
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News Analysis
Top 50 Brokers: Top six UK brokers peel away from revenue peloton with billions under belt
The impact of M&A continues to change the composition of UKGI’s top 50 brokers as aggregate brokerage skyrockets compared to prior years
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News Analysis
Top 50 Brokers: Broking is no longer local – global acquirers are here to stay
UK and Europe-based brokers pose appetising opportunities for US brokers and private equity
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News Analysis
Top 50 Brokers: Which brokers were 2024’s high flyers?
After reviewing the top 50 brokers data for 2024, MarshBerry selects its best performers over the last 12 months
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News
AR model is a ‘lifeline’ for broker startups – Toby MacLachlan
’Pure speed is a part of innovation,’ says managing director
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News Analysis
The risky transition to renewable energy
Without insurance, businesses will be unable to reach their net zero transition goals or become resilient in the face of the changing climate
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News Analysis
In Focus: New public-private partnership opens door to new counter fraud capabilities
’The government did talk about whether they might be able to do something about minimum levels of sentencing for convicted fraudsters,’ says chief fraud and financial crime officer
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News Analysis
The time for telematics is now – but the industry must agree on education
Commentators concur that ‘now is the time’ for telematics to take centre stage for motor insurance provision as technology advancements innovate policy implementation
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IT Interview
Jason Harris: Connectivity, people and agility are the key pillars for QBE International
’Clearly, my predecessor did a fabulous job and a key goal was to keep the good things from his era. But, when he retired, it was time for a different approach,’ says chief executive
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IT Interview
Laura Drabik: Spotlighting the ‘hottest new insurtechs’
’Carriers don’t have time to investigate’ up and coming insurtech propositions, so software firm offers incubation scheme to do the hard work for them
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News Analysis
The ESG divide: Is business size impacting brokers’ commitment to sustainability?
‘Smaller regional firms are encountering significant barriers to meaningful implementation’ of sustainability initiatives, says chief executive, with these projects often viewed ‘as an additional cost rather than a strategic opportunity’
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News Analysis
Why Ageas, Aviva and QBE were named insurers of the year at 2024’s Insurance Times Awards
Market intelligence firm Insurance DataLab explores the financials behind the big insurer winners from this month’s Insurance Times Awards ceremony, hosted by Claudia Winkleman
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IT Interview
Jo Sykes: Markel UK set ‘to invest in future growth’ for 2025
In particular, schemes with brokers will be a ‘focus’ for the ‘end-to-end’ insurer next year, says divisional director
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IT Interview
Nikki Lidster: Zurich UK reinforces ‘people business’ philosophy with investment in underwriters
’This investment in our underwriting team is about ensuring that brokers feel supported,’ says head of SME and trading
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News Analysis
TechTalk: Insurers still grappling with legacy system challenges
If legacy technology is not updated coherently across the supply chain, this could ’create inconsistent customer experiences at different points in the customer journey’, says law firm chief executive
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News
Men are emerging as allies for female peers, but ‘outdated behaviours’ persist in the London market
’There’s still a portion of the industry where, in social situations, individuals believe it’s acceptable to cross boundaries,’ says a c-suite source
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News
Broker CEO Forum 2024: Insurers ‘heart’ MGAs as they seek to place risks in ‘fragmented’ world
Carriers acknowledge that MGAs are ‘much quicker’ than them ‘from a service perspective’ – however, they do not believe these firms will ‘entirely take over’ underwriting to replace them
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News Analysis
In Focus: How are ghost brokers utilising social media to commit fraud and what can be done to mitigate this approach?
Insurance Times asks industry experts how fraudsters are exploiting social platforms and what measures can be taken to tackle this growing threat
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News Analysis
The Big Question December 2024: What trends do the UKGI market need to be cognisant of heading into 2025?
With the new year fast approaching, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2025
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IT Interview
Covéa Insurance does not want to ‘rush and fail’ growth after 2023 job cuts – Georges de Macedo
Despite falling nine places in this year’s Top 50 Insurers report, published by Insurance Times and Insurance DataLab, insurer chief executive believes ‘growth is not difficult’ to achieve
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News Analysis
John Warburton and Vicky Ferrier: Konsileo committed to ‘secret sauce’ as broker comes of age
‘Motivating people in an organisation just boils down to providing them autonomy, mastery and purpose,’ says chief people and commercial officer