Broker Analysis – Page 9
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News Analysis
The Big Question January/February 2023: How can insurance firms help SMEs amid increased business insolvencies?
As UK business insolvencies spike due to tighter financial pressures, Insurance Times asks industry leaders about what firms can do to mitigate the risk
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News Analysis
Cannabis: A growing insurance problem
Tenants using residential rental properties ‘for the harvest of drug crops’ are ‘the biggest threat to private landlords’ – brokers and insurers must have this risk on their radar to combat rising claims
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News Analysis
In Focus: How can the insurance sector mitigate increasing HNW subsidence claims?
Industry experts weigh in on the causes why high net worth subsidence claims are rising and discuss how best to respond to this risk
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News Analysis
Insurers make brokers’ ‘life hell’ when dealing with professional indemnity claims
Improving broker and insurer relationships in the PI market include ‘getting back to the basics’ and investing in internal claims teams, rather than insurers ‘just hiding behind the broker’
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News Analysis
Is flexible working right for brokers?
Insurance Times speaks to two broker chief executives to hear the arguments for both returning to the office and maintaining continued flexible working
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News Analysis
Briefing: M&A ‘hyperactivity’ could signal future consolidation play
Brokers investing in a quantity of M&A deals could be looking to up their value ahead of consolidation conversations
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Features
Ignite’s in-house accelerator for startup brokers set to address gender gap
Ignite speaks exclusively to Insurance Times about the launch of its new in-house accelerator for startup brokers, which it hopes will address the lack of women in broking and insurance technology jobs
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IT Interview
Warren Downey: Specialist Risk Group is ‘quite romantic about M&A’
Alongside acquiring businesses in adjacent markets and building on existing specialties, SRG also has plans to become ‘more noticeably international’ in 2023, says group chief executive
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News Analysis
Debate: The pros and cons of embedded insurance
Two industry leaders share their views on embedded insurance and what this model could mean for different players in the insurance market
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News Analysis
Briefing: No new year joy for insurers as reinsurance renewals deliver little comfort
Predictions of a decline in the market’s reinsurance capability seem to have been well founded, says broker chief executive
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IT Interview
Broker consolidation is ‘a long way off becoming a real fundamental problem’
Group chief executive identifies ‘little moment in time’ around multiples which means more broker leaders may be tempted to tap into consolidators ahead of schedule
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IT Interview
Peter Thompson: ‘Challenge anything’ mindset behind BGLI’s 30th anniversary success
Broker chief executive says that being acquired by Markerstudy Group has created a ‘formidable’ player in the personal lines market that does not have ‘any bounds in terms of ambitions’
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News Analysis
Parametric insurance poses ‘really compelling’ solution to climate change driven weather events
Following November’s Cop27 conference, the impact of weather events influenced by climate change has hit home – and brokers are looking outside of traditional covers to help clients
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News Analysis
Revealed: Who won at the Insurance Times Awards 2022?
With gold, silver and bronze awards across 36 categories, the winners from last night’s Insurance Times Awards have now been revealed
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News Analysis
Insurers face service questions as broker disquiet increases
As the world emerges from the Covid-19 pandemic, there is growing concern among UK brokers about the service levels they are receiving from insurer partners
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News Analysis
Will appetite for UK broker schemes dwindle amid ‘stark drop’ in possible commission earnings?
One line of business presents a silver lining, however, reporting a 10% growth in brokers’ commission earnings as a percentage of premium between April and October 2022
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News Analysis
Are UK brokers using data analysis as the ‘main driver’ for personal lines cross-selling?
The cost of living crisis could be a catalyst to spur brokers to tap into data and cross-selling opportunities as end clients carefully consider their finances and insurance providers
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News Analysis
Briefing: Brokers face data challenge as clients are told to assume more risk
The industry must learn to share its data with risk managers as corporate clients consider what risks to insure
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News Analysis
Briefing: What do PE firms look for when investing in brokers?
M&A has been an important driver of growth for broking firms, as Broker CEO Forum attendees describe organic growth as ‘the Achilles heel of the industry’
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Analysis
M&A in UK broking: Diversification grows in importance amid ‘diminishing supply’ of targets
Brokers looking to buy have a roster of new strategies, but are there enough UK M&A targets to satisfy their thirst for growth?