All articles by Yiannis Kotoulas – Page 16
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News AnalysisIn Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
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News AnalysisIn Focus: How will Solvency II reforms affect general insurance?
Industry experts chime in on the advantages and risks of Solvency II
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NewsFCA sends Consumer Duty survey to cross-sector firms
The regulator is seeking views on its new regulatory framework prior to implementation in summer
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NewsMarine insurance sector’s role in Ukrainian grain shipments has ‘saved lives’
Vital shipments of grain to support the global food market have been backed by the insurance sector, but a treaty is now under threat
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NewsOpportunity for Solvency II reform is ‘significant’ – Amanda Blanc
Aviva plans to ‘invest more into UK infrastructure’, says group chief executive
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NewsNewly launched agricultural and commercial broker aiming to ‘accelerate’ its growth
‘The mantra of the business is proper service and honest broking,’ says director and founder
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NewsAviva UK GI posts small rise in COR as ‘challenging market conditions’ bite
The insurer’s GWP also saw an uptick across last year
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News AnalysisIn Focus: Broker schemes present an opportunity to better serve clients’ needs
‘By definition, if you’ve created a scheme, you’ve created a unique selling point,’ says group chief executive
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NewsSchemes broker acquired as Jensten seeks specialty growth
’We’re focused on building our schemes capability,’ says managing director
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News AnalysisIn Focus: Are broker schemes on the rise again?
Industry experts tell Insurance Times about the recovery of broker schemes following the pandemic
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NewsBrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
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IT InterviewLee Davey: Creating an ‘intentional’ business requires commitment to ‘core values’
With Partners& growing into its first maturity stage, Insurance Times gets the story behind the business’ progress so far
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NewsAI has ‘enormous potential benefits’ for insurance but regulators should target ‘safe and responsible adoption’ – Kennedys
‘Balancing the excitement of the potential of AI with the cutting edge associated risks is crucial’, says head of innovation
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NewsAllianz plans to work ‘incredibly hard with broker partners to deal with’ underinsurance
’Underinsurance is a serious problem and every broker I speak to understands that’, says chief executive
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NewsAllianz Holdings posts UK COR of 99.2% for 2022
Combined revenue for the insurer’s UK businesses reached £5.6bn in 2022, its financial results showed
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NewsInsurers must work together to improve consumer trust if they are to avoid outside regulation – ACSO
Insurers demonstrating that they can collaborate effectively on claims would mitigate the need for potential government involvement, says executive director
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NewsJustice Committee requests evidence on impact of whiplash reform
The parliamentary committee wants to investigate the impact of governmental reforms
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NewsNew motor trade broker to launch
The Redditch-based firm wants to achieve between £1.2m and £1.5m gross written premium in its first year of operation
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NewsTelematics allows consumers to take an ‘active part’ in their risk profile – Redtail Telematics
The positive environmental impact of the technology can also help sell the concept to consumers, says chief executive
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NewsZurich UK’s P&C business posts COR of 95.5% for 2022
This figure represents a ‘robust performance given market conditions’, says the insurer
