Broker Analysis
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News Analysis
Insurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
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News Analysis
Steve Bashford: Arch’s strategy is bringing ‘London expertise to the regions’
’Our message is that we deal with brokers the way they want – we’re not going to force anybody to take an optimised trading route irrespective of premium size,’ says chief executive for UK regions
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News Analysis
What do brokers want from 2024’s Biba conference?
’I want brokers to get the opportunity to meet people that they otherwise could not reach,’ says chief executive
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News Analysis
London looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
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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
Concerns raised that risks placed on eTrading platforms could ‘go too far’
’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director
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News Analysis
The Big Question: What are the biggest challenges set to hit brokers in H2 2024?
Insurance Times asks experts about challenges brokers face and what can be done to mitigate evolving threats
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News Analysis
Increasing natural catastrophe losses necessitate a resilience focus
’There is no doubt that climate change increases volatility, frequency and also severity,’ says senior director of product management
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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
What’s driving more UK brokers to sell up?
’The sentence we hear most often is ‘this world is not mine anymore’,’ says chief executive
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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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IT Interview
Carl Shuker: ‘Single Howden brand’ seeks to continue growth trajectory by being ‘client centric’
UK and Ireland chief executive believes ‘there is still a huge demand for advice’ from insurance ‘clients of all shapes and sizes’
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IT Interview
Jane Kielty: Aon leverages expertise and scale to ‘join the dots’ for clients
’We’re creating new solutions where they didn’t exist before to help clients solve problems,’ says broker’s UK chief executive
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News Analysis
UK dubbed ‘Wall Street of insurance’ as international interest in acquisitions grows
’I would not be surprised if there [were] more internationals coming into the UK,’ says co-chief executive
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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
Insurance M&A continues to rise – but has it reached its peak?
Broking M&A is focusing on the extremities of the UKGI marketplace, with smaller firms being eyed up and the ‘consolidation of the consolidators’ potentially on the cards too, says co-founder
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News Analysis
In Focus: How MGAs stop brokers being left ‘high and dry’ as capacity fears continue
’If we can’t service the broker quick enough, we’d lose the sale, they lose the sale, conversion drops and ultimately it hurts all of us,’ says head of broker development
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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
In Focus: Are MGAs replacing traditional insurers and how are they differentiating themselves to grow market share?
Insurance Times asks industry experts how MGAs are standing out to supersede insurers and increase their market share
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IT Interview
‘Scalability and growth is a massive thing for us’ – GoShorty
’That was the first barrier that was broken down – the idea that software houses only wanted to deal with big blue-chip companies and well-established brokers,’ says founder and managing director