Story of the Day – Page 6
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News Analysis
Gen AI terrain ‘marked’ with ‘excitement’ and ‘apprehension’
Insurance Times takes a digital deep dive into the sector’s leaders’ thoughts around the use of the technology
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News Analysis
Dave Martin: Discipline will continue as Aviva seeks to drive service and product development
Aviva’s managing director for UK general insurance distribution and SME reflects on financial performance and what it is targeting in the new year
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IT Interview
Theo Duchen: Brokers of the future will be ‘half human and half bot’ when eTrading
’A lot of the more forward-thinking brokers are starting to build up a little AI or data team,’ says co-chief executive
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News Analysis
The Big Question December 2023: What was the most important lesson learnt in 2023 and how will that develop for next year?
As 2023 draws to a close, eight industry leaders look back on the year and share resolutions for the new year
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News Analysis
As John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
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News
How is connected car technology reshaping premiums based on individual driver behaviour?
’As technology advances with connected cars, the accuracy of the personalisation for car insurance premiums will only improve,’ says head of retail specialty trading
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IT Interview
Tara Foley: Reduction in inflation will have ‘positive impact’ on COR
’We continuously monitor the economic environment,’ says chief executive
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News Analysis
Broker CEO Forum 2023: Brokers ‘just want a quick, smart response’ from insurers
Insurer leaders discuss how they are looking to improve service for brokers
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IT Interview
Andy Holmes: Maintaining public relevance means breaking ‘two tablets of stone around insurance’
CFC’s chief underwriting officer says ‘cyber is perhaps at the cutting edge of where insurance more generally should go, if it is to remain relevant going forward’
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News Analysis
Could TikTok be the key to solving the war for talent in the insurance industry?
’We are just trying to show off insurance as a career option,’ says business graduate
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News
Earnix names biggest challenge for UK insurtechs
’It’s difficult because there are multiple factors contributing to it,’ says chief executive
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News
Broker CEO Forum: Generative AI to become ‘really interesting’ tool for brokers selling data poor lines
After picking the ‘low hanging fruit’ around machine learning, brokers ‘need to be thinking about’ how generative artificial intelligence can help bolster their ‘insight’ and ‘expertise’
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News Analysis
AI adoption in commercial lines – what’s the deal?
Industry leaders share their thoughts on how the ‘different beast’ can be addressed
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News Analysis
Lloyd’s of London acknowledges historical connections to slave trade – but is the response sufficient?
Lloyd’s ’is holding its hand up and accepting responsibility for their involvement’, says chief executive
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IT Interview
Paul Stacy: Market conditions ‘perfect’ for better application of telematics data
’Without these vital ingredients, usage-based insurance propositions are unlikely to deliver reduced claims frequency and improved underwriting performances,’ says chief executive
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News Analysis
UK insurtech sector scoops silver for funding and deal count – Gallagher Re
After a ‘muted’ second quarter, the third quarter has seen a good number of deals and ‘there is no shortage of capital’ says global head of insurtech
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News Analysis
Skills gap in claims sector not helping with increased complaints about insurers
Insurers have a ’significant issue’ with attracting and retaining talent, says business development director
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News Analysis
The most complained about products in UKGI
Insurance DataLab analyses the latest ombudsman complaints data to find out which product lines – and which insurers – are receiving the most complaints from consumers
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IT Interview
Lisa Bartlett: Using my experience to address ‘frustrating’ talent shortage gap
’Insurance is an underrated career,’ says UK and Ireland president
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IT Interview
David Flint: Lloyd’s of London’s first black broker
’It’s never nice to think that someone may dislike you because of your skin colour,’ says chief executive