All Suppliers articles – Page 74
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NewsIdentifying leading insurers in ESG is a challenge for brokers – GlobalData
Brokers do not look to ESG when considering trading relationships, however
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NewsHeavy Consumer Duty investment among FCA priorities for coming year
In its business plan, the regulator says it will invest £5.3m in Consumer Duty to ensure it is ’embedded effectively’
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NewsCouncils could reduce insurance coverage to achieve savings
’Any measures have the potential to backfire,’ says client director
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NewsDramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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NewsFounders Forum Group in talks to buy Tech Nation
The news comes as Tech Nation prepares to cease operations following its funding being withdrawn
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News AnalysisIn Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
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NewsInsurance firms have ‘duty to act ethically’ over green finance – CII
The Chartered Insurance Institute has published a guide on how the sector can take action
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NewsCharity calls on insurers to take ‘action’ and improve insurance for individuals with mental health problems
The institute has published a guide that focuses on supporting individuals with mental health problems when buying insurance
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News AnalysisBriefing: The Silicon Valley Bank collapse – a case for an insurtech backstop?
With the insurtech sector struggling in the current economic climate, are the twin blows of Tech Nation and the Silicon Valley Bank too much?
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsGenasys Technologies announces expansion with new business units
’We are in an exceptional position to propel our company forwards,’ says chief executive
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NewsFCA ‘nowhere to be seen’ as people of colour continue to pay more for motor insurance
’There is a truly worrying link between ethnicity and insurance costs,’ says chief executive
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NewsInsurance sector needs to embrace those who fear innovation
’They have a real role to play,’ says product manager
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News AnalysisBettina Roth: Spearheading innovation on the Isle of Man
The Isle of Man’s Financial Services Authority’s chief executive says she hopes more insurtechs will do ’funky exciting things’ on the island
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NewsAverage motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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NewsOxbow Partners achieves B Corp status
The firm’s co-founding partner says Oxbow Partners is ’proud to be recognised as a business that puts our people and the wider community before profit’
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News AnalysisCost of living crisis may drive ‘dishonest customers’ to opportunistic fraud – Ifed
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses the impacts of the cost of living crisis on opportunistic fraud
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NewsAccenture set to cut around 19,000 jobs
’We initiated actions to streamline our operations,’ an Accenture spokesperson tells Insurance Times
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NewsWarning for London insurance market despite ‘stable’ rating issued
’Failure to prepare for risks could have capital implications,’ says rating agency
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News AnalysisIn Focus: How will Solvency II reforms affect general insurance?
Industry experts chime in on the advantages and risks of Solvency II
