Market
News Analysis
Opinion: Are micro firms buying commercial covers like a personal lines customer?
Market feedback has revealed that micro businesses of less than 10 staff could fall victim to buying commercial covers with a personal lines mindset, risking underinsurance and coverage gaps – how can the sector mitigate this?
News Analysis
Clean energy revolution facing extreme weather challenge
’These are perils that we haven’t really taken seriously in the past, given the emphasis on the US market, and now there are increasingly unmodeled events,’ says underwriter
Analysis
What tempts motor customers to switch in a world without the ‘loyalty penalty’?
GIPP regulations are driving down the number of people switching provider when their motor insurance comes up for renewal, so what factors other than price can insurers use to differentiate their service?
News
Pro MGA Global Solutions launches Orb Specialty to link capacity with MGAs
New MGU designed to streamline distribution and strengthen incubation ecosystem
News
‘Industry-specific tailwinds and headwinds’ causing mixed forecasts – S&P
‘The property and casualty insurance market will remain challenging, with many business lines seeing rates decline due to plentiful capacity and robust competition,’ says analyst
News
Fantasy Football: International duty injuries – and superstar transfers
Don’t worry if you haven’t been glued to your screen for the international break – Insurance Times always has your back
News
Risk modelling presents opportunity to plug protection gaps – Verisk
Data from risk models could be used to show reinsurers where to ‘spread their capacity’ – or shine a light on ‘over exposed’ areas that firms should instead pull out of
News
Does Sompo’s ‘shock’ purchase of Aspen signal a new wave of reinsurance M&A?
Following a stagnant period of acquisition activity in reinsurance, ‘inorganic growth’ could now be ‘possible and desirable’ thanks to excess market capital and a drive for diversification
IT Interview
Behind the memes: Using social media to advocate education and industry transparency
The industry insider behind ‘The Hard Market’ – the internet’s ‘official unofficial source for insurance industry truths, memes, and mayhem’ – tells Insurance Times about going beyond the laughs to enact real change for the profession
News Analysis
Briefing: Scaling with purpose – the private equity advantage in insurance
One of the most powerful advantages of private equity support is the ability to scale thoughtfully and invest with intent, says SRG deputy chief executive Lee Anderson
IT Interview
Martyn Mathews: Why education is vital to reinvigorating the insurance industry
‘Transparency leads to trust and the more we have of that, the more the industry will grow,’ says managing director
News
FOS data shows travel insurance complaints up 17%
‘High uphold rates can be far more damaging to trust than sheer volume alone and, as this FOS data shows, some insurers still have work to do,’ says co-founder
Analysis
Briefing: Winds of change blow in Monaco, but have reinsurers really gone soft?
Will reinsurers move back to assuming broader treaty risks, or will insurers have to place their programmes on a class by class basis?
News
Signs cyber market ‘stagnating’ as premium growth slows – Moody’s
Europe’s “lower penetration rates and increased regulatory requirements” drove the majority of growth as worldwide premium increases slowed
News
London company market sees strong treaty reinsurance growth
‘Our latest data shows that the growth rate for reinsurance treaties in the London company market continues to outstrip that of the sector as a whole,’ says director
News
Automatic drivers paying nearly double for motor insurance
‘The advanced technology involved with automatic cars, from complex gearboxes to integrated electronics, makes them more expensive to repair or replace after an accident,’ says chief executive
Analysis
Ozempic confusion putting travel insurance at risk for thousands
‘This confusion isn’t academic, it has real consequences for millions of Britons purchasing travel and health insurance,’ says chief executive
News
Protesters project ‘toxic’ images onto insurers’ City offices
‘Axa and AIG present themselves as protecting homes and families, yet continue to underwrite projects that accelerate climate breakdown and fuel conflict,’ says spokesperson
News
MGAs are ‘at the forefront of innovation’ and could be the next ‘huge success story’ for reinsurance – AM Best
Expert believes that reinsurers need to be looking for the next growth area to engage in and steer, following the trajectory of the profitable cyber insurance market
News
Richard Tomlinson leaves Percayso after seven years in charge
‘We remain focused on supporting the insurance sector with market-leading solutions, while building the capabilities that will underpin our future growth,’ says chief executive
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registered in England & Wales with number 01676637
at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a Gannett company
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