All The market articles – Page 8
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Analysis
How can the broking sector tackle the ‘significant headache’ of job vacancies?
Part of the solution to broker shortages lies with selling the idea of a career in the sector to university graduates and school leavers
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Analysis
Tinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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Analysis
The Big Question May 2022: How can brokers and insurers improve their trading operations and relationships?
Insurance Times asks industry experts how brokers and insurers can better collaborate
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Analysis
What broker schemes are proved to be most profitable in 2022?
Although one line of business is head and shoulders above the rest in terms of boosting brokers’ schemes-based commission, the Covid-19 pandemic is still having an adverse effect on some schemes’ popularity and uptake
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Analysis
Is telematics set for a popularity boost following FCA’s fair value changes?
With better technology and new regulations on pricing, could telematics be preparing for its time in the sun?
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Analysis
Briefing: Can insurance fraud prevention be measured?
Insurance fraud has the potential to be a ‘source of income’ amid rising living costs, so finding ways to measure fraud prevention is an increasing priority for the sector
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Analysis
When it comes to financial performance, does bigger really mean better?
Insurance DataLab reveals the preliminary findings of its 2022 Broker Performance Report exclusively in Insurance Times, rating the performance of different sized brokers based on their financial performance
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Analysis
Insurance sector can no longer turn ‘a blind eye’ to property cover commission impact on leaseholders
Industry experts and campaigners feel the FCA is not doing enough to protect leaseholders from opaque commission practices in property insurance
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Analysis
Ongoing Russia-Ukraine sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers decline risks in this market at short notice
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Analysis
Are usage-based policies set to disrupt the post-Covid SME insurance market?
Small business owners struggled during the pandemic amid high profile BI litigation, but brokers have also faced correlating service challenges
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News
Getting serious about ESG
Insurers and brokers that undercut environmental, social and corporate governance standards will face ‘catastrophic’ consequences, according to industry roundtable
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Analysis
Hospitality group BI judgment could signal ‘flood of further cases’ ahead
Insurers could still face ‘potentially significant’ claims exposure around BI policy interpretations, despite intention of test case judgments
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Analysis
IFED sees success combating low level insurance fraud using cease and desist notices
Of 48 notices issues over the first year of employing this strategy, only one fraudster reoffended. Temporary detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, explains the approach in more detail
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Analysis
Citizens Advice report reawakens underwriting and trust concerns for ethnic minorities
The latest findings from Citizens Advice has highlighted that bias is ‘baked’ into underwriting processes, meaning insurers ’are now on the back foot’
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Analysis
The Big Question April 2022: How can brokers support low income families to find appropriate and affordable insurance?
Insurance Times asks industry experts how the insurance sector can better support low income families who often see insurance as a luxury
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Analysis
Briefing: Was the MoJ’s part two consultation response worth the bother?
With a five-year gap since the initial reform consultation and the OIC portal still posing functionality problems, has the MoJ taken the easy way out with its no change agenda for part two of the whiplash reforms?
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Analysis
Is the insurance industry using too much data for underwriting?
The lack of transparency around ‘secret resource’ underwriting data is one of insurance’s ‘greatest flaws,’ says consultancy managing director
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Analysis
Broker M&A hit record levels in 2021 – but how are the consolidators faring?
Exclusively in Insurance Times, insight firm Insurance DataLab unpicks the financials of broking’s three largest consolidators to see how M&A is driving financial performance
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Analysis
Cyber terror exposure fears at the heart of insurers’ reluctance to broaden cover
Wars now have the potential to be fought both online and offline. Insurance Times explores the industry’s appetite to cover terrorism or nation state cyber warfare risks
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Analysis
Brokers have a ‘key role’ following latest Scottish fire safety legislation
Five years on from the Grenfell Tower incident, and fire safety legislation is still being rolled out, the latest measure from the Scottish government, however, places brokers at the forefront of customer education