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In Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth- Briefing: The Silicon Valley Bank collapse – a case for an insurtech backstop?
- The Big Question April 2023: How can the insurance industry help improve current motor repair network models?
- Cost of living crisis may drive ‘dishonest customers’ to opportunistic fraud – Ifed
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Latest News
Cyber insurance provider Cowbell announces new manager as UK operations launch
The international firm’s new operations will be piloted by CFC’s former cyber team lead
Latest News
Insurance Fraud Bureau can be ‘bigger and better than before’ with new strategy
’We can broaden our reach to help protect every insurer and their customers,’ says head of intelligence
Latest News
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
Latest News
Pen Underwriting makes splash into specialist marine sector with acquisition
The new buy adds £90m of gross written premium to Pen, says statement
Latest News
Councils could reduce insurance coverage to achieve savings
’Any measures have the potential to backfire,’ says client director
Latest News
‘Challenging’ 2022 for Esure as profit drops and COR increases
The insurer says it has ’not been immune’ from headwinds impacting profitability across the sector
Latest News
Cyber insurance provider Cowbell announces new manager as UK operations launch
The international firm’s new operations will be piloted by CFC’s former cyber team lead
Latest News
Insurance Fraud Bureau can be ‘bigger and better than before’ with new strategy
’We can broaden our reach to help protect every insurer and their customers,’ says head of intelligence
Latest News
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
News Analysis
FOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
News Analysis
In 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?
News Analysis
Briefing: The Silicon Valley Bank collapse – a case for an insurtech backstop?
With the insurtech sector struggling in the current economic climate, are the twin blows of Tech Nation and the Silicon Valley Bank too much?
News Analysis
Briefing: Changing climate now stretching industry’s ability to offer cover
The sector must steel itself for the response of insureds it can no longer afford to protect
News Analysis
Cost of living crisis may drive ‘dishonest customers’ to opportunistic fraud – Ifed
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses the impacts of the cost of living crisis on opportunistic fraud
News Analysis
In Focus: How will Solvency II reforms affect general insurance?
Industry experts chime in on the advantages and risks of Solvency II
News Analysis
FOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
IT Interview
Lee Mooney: ‘Fear of failure’ inhibited RSA
The insurer is now working to improve by listening and acting on broker feedback, says commercial lines managing director
News Analysis
In 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?
Latest News
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
Latest News
Gallagher acquires broker to address education sector's ‘evolving risk landscape’
The acquired team specialises in providing cover to the likes of colleges and schools
Latest News
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
Latest News
Gallagher acquires broker to address education sector's ‘evolving risk landscape’
The acquired team specialises in providing cover to the likes of colleges and schools
Latest News
JMG Group secures acquisition of motor trade broker
The group’s chief executive believes the move will ‘open up further opportunities’
Latest News
Bruce Stevenson’s chief executive to step down
His decision coincides with the broker reporting growth across the board
Latest News
RSA snaps up new chief operating officer delivery director
The appointee will be responsible for transforming the insurer’s claims technology
Latest News
Disagreement over compensation for mixed injuries causing uncertainty for claimants – Minster Law
’The personal injury market has gone through a great deal of turmoil,’ says chief executive
Latest News
Limited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
Latest News
Dramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
Latest News
Pen Underwriting makes splash into specialist marine sector with acquisition
The new buy adds £90m of gross written premium to Pen, says statement
Latest News
Councils could reduce insurance coverage to achieve savings
’Any measures have the potential to backfire,’ says client director
Latest News
‘Challenging’ 2022 for Esure as profit drops and COR increases
The insurer says it has ’not been immune’ from headwinds impacting profitability across the sector
News Analysis
TechTalk: Silicon Valley Bank collapse could see ‘contraction of capital’ – but for now it’s business as usual
There remains ’a massive amount of nervousness’ for some UK insurtechs, says chief executive
News Analysis
Briefing: Cost of living crisis warrants consumer cover rethink
The extended warranty sector is seeing a ‘renaissance’ as costs rise sharply
News Analysis
Hardest reinsurance renewal market in years to create knock-on impacts
‘We expect underwriting to remain disciplined in light of strong Lloyd’s market oversight over market’s catastrophe exposure,’ says ratings director
News Analysis
Briefing: Insurers facing flood dilemma as new models remove all doubt
New research provides greater certainty around potential flood events and their location – but how will these details impact the cover offered by insurers?
News Analysis
Briefing: Lloyd’s breaks silence on Blueprint Two advancements - but is ‘steady progress’ enough?
Amid the market’s announcement about a new chief operating officer, some industry professionals are questioning the pace of digital transformation at Lloyd’s
News Analysis
Briefing: Changing climate now stretching industry’s ability to offer cover
The sector must steel itself for the response of insureds it can no longer afford to protect
News Analysis
Cost of living crisis may drive ‘dishonest customers’ to opportunistic fraud – Ifed
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses the impacts of the cost of living crisis on opportunistic fraud
News Analysis
In Focus: How will Solvency II reforms affect general insurance?
Industry experts chime in on the advantages and risks of Solvency II
IT Interview
Lee Mooney: ‘Fear of failure’ inhibited RSA
The insurer is now working to improve by listening and acting on broker feedback, says commercial lines managing director
News Analysis
Bettina Roth: Spearheading innovation on the Isle of Man
The Isle of Man’s Financial Services Authority’s chief executive says she hopes more insurtechs will do ’funky exciting things’ on the island
Latest News
Industry faces ‘serious’ question over treatment of non-tariff personal injury claims
’The increase of wrist, elbow and knee claims has to be a real concern,’ the chief executive and managing partner of Horwich Farrelly warned
IT Interview
Phil Bayles: Ardonagh Advisory to use ‘regular drumbeat’ of M&A to add ‘more strings to our bow’
Chief commercial officer reveals that the intermediary organisation is aiming to complete 12 acquisitions in 2023, with plenty of transactions closing in Q1 and Q2
Latest News
Russell White: ‘Crucial year’ ahead after ‘tough’ reinsurance renewals
Peach Pi’s commercial distribution and trading director said 2023 has seen ’really tough reinsurance renewals for everybody’
IT Interview
Jason Richards: Industry ‘can do much more’ to drive diversity and inclusion
Swiss Re’s chief executive for UK and Ireland highlights his 2022 achievements and 2023 plans
Bruce Stevenson’s chief executive to step down
His decision coincides with the broker reporting growth across the board
Insurers plan for significant growth in sustainable energy market
’Respondents displayed a bullish appetite for it,’ says statement
Beam Insurance and The Broker Investment Group deepen partnership
’This increased investment will help back Beam with their future deals,’ says statement
Valuation plea as underinsurance crisis intensifies – H&H
‘During Covid, when site visits weren’t allowed, many fell into the habit of carrying out reviews over the phone,’ says commercial director
AssuredPartners makes new acquisition to help growth in south west
’I’m excited to combine our wealth of knowledge,’ says managing director
Cyber insurance provider Cowbell announces new manager as UK operations launch
The international firm’s new operations will be piloted by CFC’s former cyber team lead
FOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
Disagreement over compensation for mixed injuries causing uncertainty for claimants – Minster Law
’The personal injury market has gone through a great deal of turmoil,’ says chief executive
Limited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
Dramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
