News

Industry Insights: 42% of Income Protection Consumers Choose Fully Comp

Comprehensive cover was the leading consumer choice in the UK in 2018, accounting for 42% of income protection purchases, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘How Customers Purchase […]

Opinion

Opinion: FCA Business Plan Will Prompt Big Changes in GI Market

What does the FCA’s new Business Plan mean for GI? In this Opinion piece, Mark McDonald, Consultant at Altus, looks at the possible directions that general insurance is going to take, given the criticism of pricing […]

Opinion

Opinion: Agile Tech is The Key to Fighting Insurance Fraud

In this piece, Steve Paton, Head of Anti-Fraud Services (EU), Verisk Claims takes a look at how fraud is evolving and how the switch away from legacy systems to something altogether more flexible, and customisable, […]

Lloyd's/London Market

New Report Looks at Skills Gap in London Insurance Market

The London Market Group (LMG), in association with KPMG, launched a report entitled ‘The future of skills in the London Market’. Based on market-wide research the report sets out where the Market is today and is […]

Global insurance trends

Insurtech Investment Still Booming, Says Willis Towers Watson Report

InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according […]

Insurance Brokers

Broker Update: LexisNexis Identifies Cancellation Patterns & Risk Factors

Continuing its track record of delivering insurance industry insights, so providers can make better decisions, LexisNexis® Risk Solutions has uncovered the scale and impact of policy cancellations on the sector. New analysis of the data […]

Legal

Opinion: Driverless Tech Will Turn Car Insurance Market On Its Head

In this piece Heidi Lawson and Michael Coburn from law firm, Cooley, take a look at how disruptive driverless vehicles will be for insurers and brokers. How will risk be assessed, fault attached after an […]

InsureTech

The Interview: Talking Brokers, BIBA & Cyber Attacks with Mike Smart at BAE Systems

With BIBA 2019 just around the corner, it’s a good time to look at the ever-changing threat posed by cyber-attacks on insurers, brokers and MGAs. Not only because insurance companies themselves are often targets, but […]