All Suppliers articles – Page 5
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News
FCA and PRA confirm ‘no plans’ to take regulatory D&I proposals further
The FCA and PRA initially consulted on proposed rules and expectations around diversity and inclusion for regulated firms in September 2023
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News Analysis
In Focus: How could the motor market evolve following legal and regulatory scrutiny?
Insurance Times quizzes the industry on how the motor insurance market could evolve considering the Supreme Court’s recent motor finance case and the FCA’s increased focus on premium finance
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News
Court orders fake car insurance fraudsters to repay £376,000
’Ifed will use its full suite of options to make sure that fraudsters don’t benefit from their dishonest actions,’ says detective sergeant
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News Analysis
Sector’s goal of gender parity demands action – Sarah Vaughan
‘Understanding the root causes of the underrepresentation of women, particularly in certain industries and at senior levels, is crucial,’ says founder and director
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News
Accenture acquires UK financial services and digital transformation consultant
’Advances in technology present a significant opportunity to create growth and efficiencies for this vital sector,’ says UK and Ireland lead for insurance
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News Analysis
In Focus: Are brokers at risk of losing market share as embedded insurance grows?
’If distribution is moving from analogue to digital – and the brokers aren’t moving with it – that creates a vacuum,’ says director
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News
Flood Re appoints NED as new chief executive to succeed interim boss Logue
’Having been part of the organisation for the past few years, I have seen firsthand the positive impact that Flood Re can make,’ says new boss
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News
Open GI secures sales of £61.7m in latest financial year
’We look forward to continuing to innovate to support brokers and partners,’ says chief executive
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News Analysis
TechTalk: Insurance fraud and the AI arms race
’Those insurers that don’t invest or haven’t invested in this sort of technology will be left behind, if they haven’t been already,’ says head of claims counter fraud
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News
Biba announces new partnership with Premium Credit
’Premium finance is a vital product which opens access to insurance for many who don’t necessarily have the funds to pay upfront,’ says chief executive
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News Analysis
Briefing: Sector must showcase ‘collaboration, certainty and creativity’ to bolster reputation
New Generation Programme report reveals approaches that have boosted or hampered the insurance industry in the past – the sector must make positive strides with these learnings if it is to grow trust with consumers
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News
Insurance legal advisors open new UK office
’The modern, flexible space offers an inviting place to work and meet with clients,’ says firm
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News
US insurance specialist to acquire UK-based flood focused MGA
’We are excited to expand our offering to protect customers from one of the most prevalent natural catastrophes in the world,’ says chief executive
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News Analysis
Briefing: Musk and other tech disruptors have their eyes on insurance
The insurance industry is unpopular but profitable, while also largely reliant on legacy technology
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News Analysis
UK government’s housing expansion plans has industry nervous for flood risk impact
Recent storms coupled with the Labour government’s plan to build 1.5 million homes by the next parliament – a target set by prime minister Keir Starmer in October 2023 – gives the insurance industry pause for thought around balancing flood risk management, property insurance and demand for housing
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News
ABI announces ex-Aviva UK chief executive as new president
’Through the ABI, the industry is stronger together and I look forward to working even more closely with members and business leaders,’ says appointee
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News Analysis
Motor insurance affordability under pressure amid FCA scrutiny
As motor insurance premiums continue to squeeze household budgets, scrutiny from regulators and policymakers is intensifying. But with competing priorities and political setbacks, is real change on the horizon?
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News
Lack of expertise hindering AI adoption in insurance – GlobalData
’The insurance industry recognises AI’s potential, but the lack of in-house expertise remains a significant hurdle,’ says associate insurance analyst
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IT Interview
Parisa Kheradmand: Claims Excellence Young Achiever Award winner on ‘championing inclusion’
’This award reminds me that I am enough – just as I am – and that my contributions are worthy of recognition and are valued,’ says marine surveyor and MCL adjuster