Briefing
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News Analysis
Briefing: Biba Conference likely to see technology top the agenda
As the UK government stands firm against IoT hacking threats, brokers must prepare for requests for new data and different questions from insurers adapting to accommodate emerging technology risks
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News Analysis
Briefing: If claims is the shop window, I’m not buying
Industry must improve its communication with customers to mitigate flood of FOS complaints
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News Analysis
Briefing: Are brokers forgetting a fundamental issue?
We can blame insurers for some of the ills we suffer, but to blame them for a client’s underinsurance is weak
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News Analysis
Briefing: How has Ifed evolved its approach to online ghost brokers?
Detective inspector Simon Klust, deputy head of the City of London Police’s Insurance Fraud Enforcement Department, explains how the police unit has changed tack to reduce reoffending
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News Analysis
Briefing: Saving the high street broker requires embedding in the community
It’s simply not enough to be ‘on the high-street’ – it’s about being ‘in the high-street’, being embedded in the community and showing you are a force for good.
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News Analysis
Briefing: Insurance industry is in the grip of cyber conundrum
Industry report says cyber premiums are decreasing as the risk of cyber attacks increases – is there a perfect storm on the horizon?
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News Analysis
Briefing: Who’s afraid of open insurance?
Legacy systems have slowed down the progression of open insurance, but the benefits for insurers and brokers are clear – and insurtechs are vital
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News Analysis
Opinion: Premium affordability on insurer and broker minds
Editor Katie Scott highlights the importance of insurers and brokers being on the same page when needing to communication premium increases to end customers
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News Analysis
Briefing: Turning point for geopolitical risk in 2024?
With elections in 2024 set to introduce an additional dose of unpredictability into an already volatile environment, businesses need to prepare for and protect themselves against escalating political-related risks.
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News Analysis
Briefing: Reinsurer says enough is enough as nat cat costs continue to rise
With natural catastrophes affecting all worldwide jurisdictions in some way, shape or form, reinsurer emphasises that steps must be taken now to implement change and reduce insured losses
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News Analysis
Briefing: Where has all the capacity gone?
The capacity conundrum is causing insurers to exit lines of business – leaving the door wide open for MGAs to get cosy with brokers to better serve end clients
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News Analysis
Briefing: Commercial brokers are ‘very naïve’ about insurance fraud
Counter fraud experts question how commercial brokers are being trained to spot insurance fraud
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News Analysis
Briefing: AI must be used intelligently to augment people-based insurance sector
It is imperative to embrace the opportunities AI can offer in terms of back office functionality, but insurance professionals shouldn’t fear for their jobs just yet
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News Analysis
Briefing: Insurtech is still a man’s game – but it’s changing
Historically, insurtech has been considered a male domain – but how are emerging technologies opening up opportunities for women to progress their careers?
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News Analysis
Briefing: UK can grab opportunity to support Islamic insurance
The London market has an expceptional opportunity to cement its place as one of the world’s Sharia-compliant insurance hubs
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News Analysis
Opinion: Has EU left UK behind on AI regulation?
Editor Katie Scott compares strides made by the European Union and UK when it comes to regulation around the use of artificial intelligence – has Brexit held the UK back?
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News Analysis
Briefing: The trouble with motor insurance
Discriminatory pricing is evident in motor insurance premiums – the industry needs to come up with new ways to make this product more accessible and affordable
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News Analysis
Briefing: Tempting the broker leaders of tomorrow
Setting up shop as a broker has its challenges – however, fortune favours the bold and there are plenty of reasons why tomorrow’s leaders should consider our sector
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News Analysis
Briefing: Industry needs to deliver clarity on climate approach
The insurance market is perceived to be blocking progress around climate change due to providing insurance for fossil fuel projects – however, the situation may be more complex than protestors realise
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News Analysis
Briefing: Industry must show sexy side to win war for talent and ensure succession planning
If the UK insurance market is to retain its global standing and attract technology-minded staff, then industry-wide diversity strategies and a branding overhaul must be the focus for firms