All Suppliers articles – Page 84
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News
‘Evolving black swan events’ are making ‘the industry incredibly nervous’ – Accenture
Despite five possible black swan events on the horizon, past industry action has demonstrated that insurance companies take these risks ‘very much in their stride’, according to professional services firm
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News
Brokers call for mandatory qualification requirements – CII
The CII’s president backs brokers’ call to action because it would ‘improve the image and professionalism of the sector hugely’
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Analysis
The Big Question July/August 2022: How can insurers better support brokers with compliance?
Insurance Times asks industry leaders how insurers can better support brokers amid the FCA’s influx of new regulation
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News
Motor insurance premiums set to rise 2% this year ahead of 18% uptick in 2023 – EY
Professional services firm predicts that the UK motor sector’s net combined ratio will be loss-making in 2022 and 2023 and that the ‘environment will be tough’
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Analysis
Insurers must be on guard as insurance fraudsters ‘come from all walks of life’ - IFED
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, reveals that organised crime groups can come from unexpected and well paid quarters
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Analysis
Industry’s lack of ethnic minority senior leadership is ‘everybody’s problem’
Although the representation of ethnic minorities in senior insurance roles has improved, the industry still has a long way to go
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News
Superscripts expands to Netherlands amid European launch
The Netherlands is a ’natural next step’ according to its co-founder and chief executive
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News
Digital is ‘like salt’ sprinkled on insurance – BrokerFest2022
OneSpan’s senior solutions expert explains why consumers want a combination of digital and human interaction
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News
Embedded insurance to grow rapidly over the next 10 years – BrokerFest 2022
Up to 20% of current insurance business could migrate into embedded distribution, says expert
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News
Travel insurance signposting review delayed by FCA
The regulator said that the impact of the Covid-19 pandemic would ‘undermine’ its ability to draw firm conclusions
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News
Zurich Municipal and Previsico ink deal to boost UK public sector flood resilience
Surface flood water makes up nearly 60% of UK flood risk, but is not currently covered by Environment Agency warnings
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Analysis
Briefing: What makes a good broking firm?
High productivity and a slow and steady approach to improving performance are the two cornerstones of broking success
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News
Solar storms could cause BI and data loss claims
The burgeoning space sector could present additional risks for insurers, says Swiss Re
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News
PCWs have ‘moral responsibility to support fair value’, but they must take ‘huge risk’ to stand out
Insurers have also had a slow start in undertaking fair value assessments, which will have a knock-on effect on brokers’ workloads, says compliance expert
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News
Instanda raises $45m in funding to expand geographical reach
The UK-based technology platform hopes to expand into territories such as Europe, the US and Japan
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News
Brokers must look to their business models to combat costs of regulation
Compliance expert explains that ‘a lot of brokers don’t understand the value of their time’
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Analysis
Collaboration between insurers and CHCs is essential in the face of squeezed supply chain
The agreement between the two industries needs ‘urgent surgery’ says credit hire trade body chair
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News
Worldwide delegated underwriting authority groups’ revenue increases by 21.7% – Insuramore
The consultancy predicts global revenues are likely to pass £16.5bn by 2023
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News
Successful D&I strategies require the insurance industry to stop ‘playing musical chairs’
There is an opportunity for the industry to rebrand insurance in order to encourage school leavers to join the sector
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Analysis
Briefing: More insurers need to think outside the box to mitigate cost of living crisis
Insurers must step into the breach once more to support consumers – but how many are actually willing to reduce monthly installment plan premium uplifts?