All Suppliers articles – Page 2
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NewsOIC portal savings ‘at risk’ as non-tariff personal injury claims surge past 50%
Data analytics firm warns that rising non-tariff personal injury claims following a road traffic accident could erode whiplash reform gains
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News AnalysisIn Focus: How should middle manager development into c-suite be prioritised and delivered?
With the industry’s war for talent often focused on attracting young, new talent into the marketplace, has specific training to fulfil c-suite succession vacuums by promoting middle managers fallen by the wayside? Industry professionals share their views…
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NewsParametric policies and extreme weather driving home payout increases
‘Traditional, postcode level assessments are no longer enough’ when pricing around extreme weather events, says chief revenue officer
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NewsNearly 500 victims transferred funds to ‘ruthless’ fraudsters posing as FCA
‘Fraudsters are ruthless. They attempt to steal money from innocent victims by impersonating the FCA,’ says executive director
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NewsTravel insurance increasingly offering 24/7 medical support
‘With more people travelling year-round, including for gap years and remote work, medical access while abroad is becoming more relevant,’ says expert
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NewsInsurance documents still rival classic novels in length – Fairer Finance
‘Two years on from the introduction of Consumer Duty and many policy documents and T&Cs from across financial services are still far too complex and lengthy,’ says managing director
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NewsLiiba to unveil new commercial broking report in October
’It’s been too easy to label brokers as purely a distribution cost – this study will change that,’ emphasises chief executive
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News AnalysisShould the UK have a minister for resilience?
‘Improving risk management practices will help to build a sustainable and resilient insurance sector that is better equipped to serve the evolving needs of customers,’ says director of commercial customer risk management and sustainability
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NewsTravel insurance payouts reach £472m for 2024 – ABI
Trade association has published travel insurance tips designed to encourage best practice when insurance customers are buying cover
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NewsRange Rover fraud lands Somerset man in court
‘If you think you can deceive the police and your insurance company, think again. We will uncover the truth and when we do, the consequences can be severe,’ says detective constable
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News AnalysisBriefing: Why getting back to basics is the only route forward for motor insurance
Customer trust and insurers’ financial performance has nosedived in recent years when it comes to the motor insurance market – both pricing and claims processes must be stripped back in order to drive improvements
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News AnalysisInsurance sector reacts as government weighs up mandatory testing for over 70s motorists
’We, as an insurer, welcome any measures that give us and our older customers assurance that they meet the required standards required to hold a driving license,’ says chief underwriting officer
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News AnalysisBriefing: Does cyber insurance need its telematics moment?
’We’re now seeing the early signs of a cyber telematics model emerge, where insurance premiums reflect an organisation live security posture,’ says Google Cloud’s UK head of insurance, legal and financial services
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NewsAsta leader steps up as Davies insurance solutions chief executive
’His appointment also strengthens our enhanced leadership framework, designed to support strategic delivery and advance client capabilities across the insurance ecosystem,’ says chief executive
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News AnalysisIs it the end of the road for motor referral fees?
The FCA has raised concerns that referral fees in the motor market can drive up the lifecycle and cost of claims – however, market participants are tight-lipped about next steps for this model
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IT InterviewNimeshh Patel: Automotive brands want to work with businesses that have ‘intermediary layers’
Embedded insurance can act as a ’lubricant’ to support car manufacturer sales, notes chief executive
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NewsMarket reacts to motor finance commission ruling as FCA confirms redress scheme consultation
‘This ruling could have implications for the insurance industry,’ says financial services partner
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News AnalysisGreater appetite around reinsurers ‘rolling the dice’ on ‘immature’ cyber market
Softer market conditions are encouraging diversification strategies – however, the challenge and opportunity see-saw of branching into emerging risks presents a tightrope for reinsurers to navigate
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NewsMGA sector entering ‘two speed market’ as innovation and maturity diverge – SiriusPoint’s Alex Hardy
As established MGAs scale up and sector startups seek to drive innovation, long-term partnerships must withstand shifting market cycles, changes and movements, says head of delegated and distribution
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NewsMore than 10,000 fire damage claims invalidated due to lack of smoke alarm
Price comparison site estimates that policyholders may have missed out on £16.7m of claims payouts due to smoke alarm negligence
