Story of the Day

storms

News Analysis

Insurance sector in race against time to tackle rising storm challenges

2024-05-02T12:06:00+01:00By

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

Steve Bashford Arch cover pic

News Analysis

Steve Bashford: Arch’s strategy is bringing ‘London expertise to the regions’

2024-05-01T10:45:00+01:00By

’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

climate change city tech

News Analysis

TechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’

2024-04-30T10:00:00+01:00By

Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager

Biba 2016

News Analysis

What do brokers want from 2024’s Biba conference?

2024-04-29T08:58:00+01:00By

’I want brokers to get the opportunity to meet people that they otherwise could not reach,’ says chief executive

London

News Analysis

London looking positive but ‘this is no time for complacency’

2024-04-26T07:00:00+01:00By

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

Oke Eleazu_ManyPets

IT Interview

Oke Eleazu: Addressing the diversity and inclusion dilemma in insurance

2024-04-25T07:00:00+01:00By

’Insurance has a double whammy – firstly it’s not attracting enough people of colour and so by definition there’s a struggle with leadership levels,’ says co-founder and chief executive

etrade

News Analysis

Concerns raised that risks placed on eTrading platforms could ‘go too far’

2024-04-24T07:32:00+01:00By

’There’s now far too many technical risks that are now going through an eTrade model,’ says technical director

Mike Bottle, Arch

News Analysis

The Big Question: What are the biggest challenges set to hit brokers in H2 2024?

2024-04-23T07:00:00+01:00By

Insurance Times asks experts about challenges brokers face and what can be done to mitigate evolving threats

complaints (5)

News Analysis

Complaints handling not up to scratch as complaints volumes soar

2024-04-22T07:00:00+01:00By

Consumer Duty has placed a greater spotlight on complaints data, however findings for UKGI show that ‘more than a third of cases’ are being overturned by the ombudsman

Recorder founders

IT Interview

Matt Hicks: Addressing underinsurance via digital transformation

2024-04-18T07:00:00+01:00By

’We’re not trying to disintermediate the broker in anyway, we’re trying to enable them by licensing them via a technology platform,’ says chief commercial officer

music arena

News Analysis

How will the insurance industry be affected by new business requirements to protect against terrorism?

2024-04-16T07:00:00+01:00By

’We are hopeful that suitable and adequate insurance will remain available,’ says head of technical services

Majority stake acqusition sold puzzle

News Analysis

What’s driving more UK brokers to sell up?

2024-04-15T10:30:00+01:00By

’The sentence we hear most often is ‘this world is not mine anymore’,’ says chief executive

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