‘We are urging government and industry to treat resilience with the same urgency as insurance and defence investment – because families can’t afford to wait,’ says director
’Our learning is about making sure we centre our flood responses around our customers’ needs and how we can best support them, get to them quickly and do the things that matter to them most as quickly as possible,’ says head of personal lines homes claims
‘Our soft market approach has to be new business, new business, new business,’ says managing director
’We want our clients to be as informed about risk and the insurance marketplace as possible,’ says head
‘The key question now is how much further prices can realistically fall before we see renewed upward pressure,’ says product manager
‘The mining insurance market is ripe for optimisation, but success hinges on proactive risk management,’ says global mining leader
’Agentic AI has the potential to fundamentally change how insurers operate – not by replacing expertise, but by complementing it,’ says expert
Although some regulators and clients may question the role of insurance brokers, trade organisation emphasises that ‘specialty brokers are the connective tissue of the global insurance market’
‘Insurers of all sizes can integrate quickly and cheaply and unlock the huge distribution potential in commercial and niche markets,’ says commercial director
‘While underinsurance remains a huge concern, we cannot overlook the growing issue of overinsurance,’ says head
Insurance Times speaks to senior reporter Harry McNeil about his strong performance in this year’s Fantasy Football league
’Every insurer will have a slightly different philosophy and may have responded to the regulations and their best practices in slightly different ways,’ says chief technology officer
‘We encourage you to look at the new rules closely, and be transparent with stakeholders about what changes are coming, and what the changes will affect,’ says senior manager
’The parametric style of the policy provides a transparent basis of cover, rapid claims settlement and complete flexibility in the use of claims proceeds,’ says managing director
‘The financial fall-out, from crippling fines to lost customers or soaring costs, can push even the most resilient business to the brink,’ says head of cyber
‘It’s encouraging to see such optimism and growth in specialist enquiries, but it is tempered by the concern that too many individuals are being declined cover outright,’ says managing director
The stats are quickly adding up that British motorists are being tempted by uninsured driving – a prevalent issue that the industry must collaborate on and stamp out
The largest schemes have delivered brokers reliable growth in commission over the past two years, though volatility and slumps – such as in previous fast-climber cyber liability – have been seen in other lines
This Insurance Times webinar, in association with Iceye, discusses how the insurance sector is evolving across all stages of flood response to meet the challenges posed by the increasing frequency and severity of UK flood events.
‘Many providers, particularly brands from intermediary insurer groups, have reduced their rates, offering some van drivers more affordable quotes,’ says industry expert