Story of the Day – Page 6
-
IT InterviewAlan Thomas: Picking ‘up the reins’ at Ripe Insurance
’What I’ve seen really work for growing businesses and making it successful really depends on how you get something in front of customers that they want,’ says chief executive
-
News AnalysisThe complexity of business interruption insurance – and why innovation is lagging behind
Technology has already improved ‘low-hanging fruit’ problem areas, but now it is time to aim a little higher with AI tools, to better support claims handlers and end customers with detailed BI claims
-
NewsAI helping underwriters spend more time in-person with brokers
’AI can help firms gain a competitive edge by removing admin from the underwriter, so they can spend more time in meaningful discussion,’ says managing director
-
News AnalysisGTA chief says greater regional stability needed prior to launching EV credit hire scales
Pressure for the General Terms of Agreement to include electric vehicles is increasing, but those behind the scheme say that this inclusion can only come when key issues are resolved
-
News AnalysisInsurers going that little extranet to tackle rising underinsurance
With insurers agreeing on the persistent risk of underinsurance, they discuss the suprising benefits of eTrading in addressing the issue
-
News AnalysisGreater software house collaboration could reap benefits for commercial lines eTrading
Commentators agree that software house cooperation on commercial lines digital trading is only happening in ‘pockets’, yet this teamwork could ‘provide the broking community with the tools they need to deliver an efficient but high level of service to customers’
-
News AnalysisHow can broker schemes help entice the next generation of hobbyists?
Certain passions, such as classic cars, have an ageing demographic of participants – yet broker schemes can support clubs in futureproofing much-loved hobbies
-
News AnalysisAcquisitive brokers facing M&A supply shortages
As the supply of sizeable UK commercial brokerages is dramatically shrinking, acquisitors are being forced to seek targets overseas, or look at MGAs and wholesale brokers.
-
News AnalysisSpecialist insurers lead the way as composite firms continue to suffer
Insurance DataLab looks at how commercial, personal and composite insurers have performed
-
News AnalysisHow can schemes transform brokers into ‘trusted advisors’ for UK SMEs?
Broker schemes have the potential to change insurance for SMEs from being ‘transactional’ to ‘relationship driven’ – however, chief commercial officer feels many market offerings need tech refresh first
-
News AnalysisIn Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?
High net worth clientele often enjoy an array of hobbies that the average man on the street may not be able to afford – but how can individuals ensure they have appropriate cover to protect against pitfalls of a very particular hobby niche?
-
IT InterviewGeorges de Macedo: Chief exec promotes five pillar plan to keep Covéa Insurance in the black
Covéa Group sends Frenchman across the Channel to spearhead British business because ‘the situation in the UK required some action’
-
News AnalysisIn Focus: A gap in the HNW market for reputational cover?
As the reputational risks for high profile individuals increase, is the HNW insurance sector missing a trick?
-
News AnalysisThe Big Question November 2024: What does UKGI hope will result from Labour’s motor insurance taskforce?
In October 2024, the newly elected Labour government established a motor insurance taskforce to ’crack down on spiralling costs’ – but what does UKGI anticipate will be the key actions arising from this body and will it have the desired impact on motor premiums?
-
News AnalysisMGAs take up tech tools in battle for relevancy
‘Without innovation, an MGA offers no differentiation’, says chief executive – but how are these firms tapping into technology to stay ahead of the competition?
-
News AnalysisSME underinsurance is far from a small problem
SMEs and sole traders are a ‘significantly untapped market’, according to chief growth officer – however, the insurance sector must be more proactive when it comes to accident and health covers
-
IT InterviewNik Ellis: Tech Champion prize celebrates ‘edgy’ firm that is not afraid of failure
Managing director says that to stay at the forefront of technology innovation and implementation, businesses must be ‘prepared to evolve’ and have ‘the nerve’ to try new things
-
News AnalysisTechTalk: Market conditions keep insurtech investors cautious – but ‘green shoots’ may be ahead
’There’s a need for more action to be taken to encourage investment in technology and insurtech markets,’ says co-chair
-
News AnalysisWhich are the most complained about insurers?
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
-
News AnalysisThe final frontier: Insuring the rise of space tourism
Although appetite for commercial space tourism is gaining more traction, a lack of historical data and uniform regulation leaves insurers interested in this line of business stalling
