‘Inflationary pressures on costs in the industry mean that premiums are increasing and the added burden of IPT risks putting cover out of reach for many,’ says head
‘As broader market conditions continue to test the industry, HDI is leaning into the challenge’ while remaining focused on ’long-term, profitable growth in the UK market’, says chief executive
‘We always focus on making sure we’re competitively priced and offer a good service and that’s been key to us growing our customer book,’ says head
‘We have an additional one million customers across our diversified businesses compared to this time last year, due to our focus on offering competitively priced cover and excellent service,’ says chief executive
‘Growth of 2% reflects our disciplined approach and is fully aligned with our strategy of prioritising rate adequacy and long-term profitability over short-term income,’ says chief executive
‘Despite rate pressure emerging across parts of our portfolio, the breadth of our business and the momentum we have generated in recent periods has been reflected in material premium growth,’ says chief executive
‘Being able to make our borrowing more efficient puts us in an even stronger position to continue delivering on our ambitious growth plans,’ says chief financial officer
Insurance Times analyses eight major personal lines products to predict where the industry will see profitable growth in 2026 amid cyclical market conditions and macroeconomic headwinds
’There remains some scepticism in (re)insurance of just how impactful AI could be, but it is becoming clearer that this is a once in a generation technology,’ says head
Insurance Times analyses eight major commercial lines products to predict where the industry will see sustainable growth in 2026 amid challenging market forces
It came ’against a backdrop of significantly increased major loss activity and more challenging market conditions’, says chief executive
‘Mounting competition among insurers with ambitious growth targets is providing reduced pricing and broader coverage options,’ says president of global placement
‘Our strategy is working,’ says chief executive
’It is a highly competitive environment and insurers are looking to try and differentiate themselves with the cover they offer,’ says broking director
’This year’s report reflects a sector that remains dynamic and forward-looking, even as it faces mounting pressure from both economic volatility and regulatory scrutiny,’ says partner
‘We are in an excellent position to continue scaling,’ says chief financial officer
‘If you miss out on securing external funding, you could risk losing your competitive edge,’ says expert
‘The combination of strong performance and customer satisfaction puts us in a fantastic position to realise our goal of doubling the size of the business within the next three to five years,’ says chief executive
Lost sales, supplier disruption, legal and IT costs all contributed to the figure
‘The strength and depth of the UK’s financial services sector continues to capture global investor confidence – particularly as they navigate challenging market conditions,’ says managing partner