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Gerry Ross: Commercial motor sector still going through the gears in face of ‘systemic’ challenges
Historic data for pricing is ’no longer applicable’, says Allianz head of motor
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Loss adjusters must use ‘skill’ to ensure sums insured are correct amid inflationary pressures
Inflation has driven up the cost of building materials, impacting the claims sector – but loss adjusters have a key communications role to play to mitigate underinsurance
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Briefing: Autumn Statement is not all good news for insurers
Insurers with international operations or that work from the London market may face an uphill struggle when it comes to implementing the government’s new Solvency II requirements
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The Big Question November 2022: How can brokers navigate cost of living client conversations amid insurers’ inflation hit rates?
Insurers are having to increase rates as a result of inflation, but end customers may struggle to pay these prices due to the cost of living crisis. Insurance Times asks industry leaders how brokers can navigate these conversations
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Brokers embrace cloud technologies to ‘maintain competitive edge’
As more brokers look to use the cloud, there is the risk of a skills gap emerging, however
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Successor has ‘urgent task’ on hands as prime minister Liz Truss resigns
Truss will remain at the helm until a successor is chosen, with a leadership election to be completed within the next week
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In Focus: Commercial lines brokers have ‘key role’ to play in supporting struggling hospitality clients through turbulent times
Pubs and restaurants are in a ’precarious position’ and face ’significant headwinds’ from a range of economic factors that brokers must try to mitigate as much as possible
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Insurance industry welcomes Liz Truss as new prime minister
The ‘back to the future’ proposal of merging the FCA, PRA and PSR is still a possibility, says global head of financial regulation
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Soft market in current climate would be chaos – Manchester Underwriting Management
Richard Webb, director at Manchester Underwriting Management, explains why he thinks a soft market would be ‘catastrophic’ amid claims inflation, global wars and UK leadership changes
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Labour shortages and inflation bite for UK businesses – Bank of England
Economic struggle places the insurance market ‘in danger of sleep walking into a tsunami of fraud claims’, says group director of investigations