Story of the Day – Page 3
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IT Interview
Diversity of fraud is ‘biggest challenge’ for UKGI market – IFB
The IFB’s first published business plan seeks to define ‘the foundations to implement meaningful change and ensure we can service other product lines’, says director
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News Analysis
What’s going on with Gap insurance after FCA’s bombshell announcement?
’Gap was probably at the highest of everybody’s list in terms of a product that was ripe for being targeted and corrected,’ says chairman
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News Analysis
Superscript enters next phase of accelerated growth with SME focus
’It’s been quite a journey already – the next phase is about maturing as the scale comes,’ says chief executive
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News Analysis
Product recall insurance increasingly relevant as threat grows
’Often, the biggest concern for business is the reputational loss,’ says legal director
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IT Interview
Claud Bilbao: ‘Size matters’ as medium-sized businesses face cyber attacks
’These significant financial implications affect businesses across all sectors and of all sizes, but some are more heavily targeted than others,’ says UK underwriting director
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IT Interview
Bob James: Lloyd’s prefers sector-wide ‘criticism’ of project delays instead of unsafe Blueprint Two delivery
’I would rather take criticism [about the delay of Blueprint Two] then push the date and have a platform that has a flaw that [would] be problematic,’ says chief operations officer
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IT Interview
Peter Thompson: Uinsure’s technology is ‘embedded insurance coming to life’
The non-executive director sees embedded insurance as ‘a very intuitive and relevant way’ for the insurtech to serve its niche customer base
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News Analysis
Motor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News Analysis
UK insurtech sector ‘remains in most optimal place’ – Gallagher Re
An ’overcorrection’ in the insurtech sector has laid the foundation for a 2024 ’uptick’, says global head of insurtech
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IT Interview
Creating AI regulatory framework set to be ‘significant piece of work’ in 2024
’We need to make sure that we have the right framework in place,’ says chief executive
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News Analysis
Reading the ransomware room: Cyber criminals set to ‘attack, shift, re-brand and strike again’ in 2024
The ’resiliency of threat actors’ in the ransomware arena is ‘noteworthy’, says chief information security officer
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News
Aviva prioritises internal regional improvements to demonstrate ‘commitment to supporting brokers’
Aviva is ’constantly trying to listen to feedback’ from broker partners, says managing director of UK mid-market
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News Analysis
Commercial lines digitalisation must accelerate to avoid risks – IS2
E-commerce companies in the SME space could begin to cut out brokers from the sector, warns commercial director
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Research
Industry looking to finally apply itself to eTrading
Insurers and software houses must come together to bridge any communication gaps between platforms and extranets as the industry nears a critical point in the move to eTrading, says Applied Systems’ chief revenue officer
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News Analysis
Insurers told to have greater EV focus to avoid risk of political issues
’The insurance market has to [insure EVs] because if firms don’t, it will become a political issue,’ says chief executive
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IT Interview
Mike Latham: Talent gap threatens service quality
’The insurance industry has to raise awareness and increase the knowledge of what insurance is all about,’ says chief executive
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News Analysis
TechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance
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News Analysis
The Big Question Jan/Feb 2024: How can property insurance solutions be developed to encourage green methods of construction?
Five insurance industry experts discuss the likes of timber risk appetite, building regulations and modular construction methods
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News Analysis
How is the industry faring six months on from Consumer Duty implementation?
Half a year on from the landmark regulation coming into force, Insurance DataLab takes a look at its impacts on the sector
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IT Interview
Johnny Timpson: Working with insurance firms to ‘treat vulnerable customers better’
MorganAsh’s new chairman highlights how his role will help UK insurance firms