Willis News
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News
How the broking landscape is changing post-pandemic
’Brokers have also realised that they are data brokers, not just risk brokers,’ says global head
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Aon snaps up broker veteran for new c-suite role
’We are thrilled to work with him to help our transportation and logistics,’ says chief executive
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WTW reveals new parametric insurance policy
’This programme provides an exciting opportunity,’ says director
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WTW eyes trade credit insurance growth in UK
‘Providing unmatched solutions and valuable advice to our trade credit and finance clients requires best in class talent’, says global head
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Powell drops WTW role to remain at Marsh
‘I am delighted that Rob has decided to stay at Marsh,’ says president
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WTW to bolster innovation strategy through new deal
’We recognise the crucial role that innovation plays in shaping our industry’s future,’ says head
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Increases in motor insurance premiums outstrip CPI inflation
’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing
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Lloyd’s syndicates seeing better COR after investing in digital transformation – WTW
’This analysis shows sufficient momentum has been built to be able to say that the market has now tipped,’ says leader
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Rankings reveal largest global brokers in 2022
Total fees and commissions earned from insurance broking activity worldwide in 2022 were worth over £120bn
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BIBA
Improvement needed in eTrade for brokers providing solutions to tradespeople
Associate director says e-trade has become ’harder to use’ for smaller contractors
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WTW to help insurers ‘unlock value’ from data with new consultancy unit
Global proposition leader says insurers ’can no longer thrive without fully embracing data science’
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Credit and political risk insurance market sees rise in capacity – WTW
The increase indicates ‘confidence’ and ‘stability’ in a market that has experienced global economic uncertainty, says head of broking
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Insurance sector breaking down barriers to data science integration
While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead
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‘I was letting the hoodies into the building’ – ex-Lloyd’s chief executive
The former Lloyd’s boss recalled the birth of Lloyd’s Lab and how she tried to break down barriers with dress code
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Insurtech has a ‘real role’ to play in seeing things from a customer perspective – Inga Beale
Many insurtechs were founded on the basis of the founders experiencing a personal frustration with insurance and this is why they are key in this
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Inaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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UK car insurance premiums soar by 19% in 2022
Insurers should be doing more to help consumers during difficult times, says chief executive
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Renewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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WTW launches parametric coral reef insurance policy
The policy will be used to fund rapid coral reef repair and restoration following storms
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Q3 2022 most expensive quarter for motor premiums – Confused.com
The increase in premium prices is a result of insurers battling a ‘bitter cocktail of rising cost pressures’