ABI reaction to new Ogden rate
Insurance claims

Claims Portal: Latest MoJ Stats Make Interesting Reading

There are some interesting nuggets of data within the latest update from the Ministry of Justice, as the Claims Portal continues to sift various PI claims. The first thing that strikes you reading the report […]

InsureTech

GlobalData Offers a Viewpoint On The Lemonade Thing

Following the news that leading US insurtech, Lemonade, has entered the UK home insurance market, Benjamin Hatton, Associate Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “Lemonade’s renters insurance product […]

News

Mini Budget: Investment, Tax Cuts, SEIS & Solvency II Reforms

So, big news in a mini Budget. Solvency II is being partly dismantled, which is interesting for large insurers, MGAs and brokers based in the UK. There are also new Investment Zones, where companies can […]

InsureTech

DDOS Attacks: Comment & Analysis From NetScout

Yesterday (31st August 2022), the global insurance giant Gallagher revealed that UK councils have been on the receiving end of over 2.3 million cyber attacks so far this year. A freedom of information (FOI) request […]

News

ACSO Feedback on the Latest ABI Insurance Fraud Stats

Some feedback on those ABI stats on insurance fraud; Commenting on the publication of the ABI’s fraud report, Matthew Maxwell Scott, executive director of ACSO, said: “It’s great to see a further drop in fraud, […]

Opinion

Every Company Can Become an Insurtech, Here’s Why

One of the world’s largest online API events – APIX – was recently organised and hosted by connectivity and integration expert, Sensedia. Run over three days, APIX attracted some of the world’s leading tech specialists […]

Opinion

Some Thoughts on the FCA Consumer Duty Rules

New Consumer Duty rules are on the way from the FCA. Manoj Pant, senior director and EMEA Insurance industry principal at Pegasystems offers some comments on how insurers will respond to enacting significant improvements to […]

Opinion

CRIF Comment on Increased Fraud Risk

Sara Costantini, Managing Director, CRIF Decision Solutions UK & Ireland, offers some comment on the recent IFB research looking at increasing insurance fraud during the coming recession:  “It’s clear there is a direct correlation between […]