News Analysis
Analysis: Should the FCA impose fee caps on CMCs?
The Financial Conduct Authority is working to limit charges for claims management companies’ services, but will new regulation actually be a double-edged sword for consumers?
Analysis: What do recent market exits mean for insurtechs targeting millennials?
Three insurtechs have pulled out of the insurance market so far this year, raising questions around the efficacy of selling insurance to millennials and whether more of these firms will fall.
Analysis: RSA UK&I - getting back on track?
Following two consecutive years of poor underwriting results in the UK, RSA has taken decisive action to restructure its business and shrink premiums
Analysis: Consolidators look to Europe for acquisitions as UK competition grows
The UK has seen a wave of consolidation in regional broking over the past few years, making competition for viable targets a challenge. In response, several consolidators are starting to look to Ireland and Europe as a potential area of expansion.
Analysis: Iprism moving beyond Gable
Managing general agent Iprism's latest accounts show profits dived and tens of millions of pounds was wiped off the valuation of the company, following the demise of former unrated insurer partner Gable.
Analysis: What do the millennials think of insurance?
Insurance has struggled to attract talent in recent years, finding itself competing with ‘sexier’ industries
Analysis: Is the industry prepared if the UK is hit with Brexit riots this year?
Legislation introduced in the wake of 2011 riots aims to simplify claims handling
Analysis: Are cavity wall insulation claims the new PPI?
Insurers are seeing a spike in people claiming improper installation of cavity wall insulation. Is this the new money spinner for CMCs?
Analysis: How regulation could clip the wings of CMCs
In six months’ time, claims management companies will fall under the umbrella of the Financial Conduct Authority.
Analysis: Diversity - how far have we really come?
Insurance has talked the diversity talk for several years now. And yet, the industry still displays all-male or all-pale panels. How can it become truly inclusive?
Analysis: Allianz’s acquisitive appetite
With reports suggesting that CEO Oliver Baete has a big ticket acquisition in mind, rumours have been circulating that Allianz could look to hoover up one of the larger players in the UK market.
Analysis: Commission costs and conflicts
Aviva and GRP’s split rekindles the consolidator commission debate
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.
Analysis: Liability war rages over Grenfell-style cladding replacement claims
A battle is raging over who is liable for costs to replace cladding on high-rise residential buildings across the country
Analysis: How insurtechs are striking gold with private equity investors
Why is private equity the primary investor in insurtech?
Analysis: Does the One Call fine signal wider issues with client money?
John Radford, 53-year-old businessman and saviour of Mansfield Town Football Club, was fined £468,600 for a “lack of competence” in his handling of client money.
Analysis: Insurers torched on Twitter over Liverpool Fire
How social media influenced the response of insurers to the Liverpool fire
Analysis: Markerstudy's turbulent year
Last month, Qatar Re signed a deal to buy Markerstudy’s Gibraltar-based insurance companies after year-long rumours of a sale had only started to die down
CNA Hardy appoints Middleton as CEO of Luxembourg hub
CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
Analysis: Why Amazon is ready to eat your lunch
Wherever you turn, Amazon seems to be the talk of the town.
Markerstudy plans growth as MGA following Qatar Re sale
Markerstudy will expand into the London market as a managing general agent following the sale of its insurance business to Qatar Re.
Will the last of the Lloyd’s listed carriers be snapped up in the coming years?
The number of independent Lloyd’s listed carriers is dwindling. What will happen if the last players are swept up?
Dive In Festival: Insurers taking the plunge
Every year, insurers pledge their commitments to the drive towards diversity in the annual Dive In Festival. But is this empty talk?
Analysis: The legacy of Grenfell Tower
How the blaze that killed at least 80 people promises to be one of the most complex claims in recent years