Opinion
State of the Broking Nation: Viewing the state of the nation
The views held by brokers interviewed for The State of the Broking Nation have challenged some long-held opinions, with both positives and negatives for insurers to draw from the responses given – and relationships in the sector strongly emphasised as…
C-Suite: MGA: Value through specialism
Given their name as managing general agents, it’s ironic that the fundamental definition for success for an MGA is in its specialism.
C-Suite: Insurer: All that glitters is not gold
Brokers should not lose sight of what they do best in search of a ‘bigger piece of the pie’
Editor's Comment: Is terror the fraud tipping point?
In August the UK’s terror threat level was raised from “substantial” to “severe”, the second highest of five levels, in response to conflicts in Iraq and Syria.
C-Suite: Insurer: Planning for the worst
The industry must stress to firms the importance of business interruption cover
C-Suite: Is Shanghai's free trade zone brave enough?
China’s experiment with a free market economy reached a critical stage when it opened up its pilot free trade zone in Shanghai last September. Is the model brave and decisive enough?
C-Suite - Broker: Look on the bright side of motor
“More pain predicted’, ‘Motor sector faces fresh scrutiny’, ‘Not seeing sustained recovery’... A quick search for motor insurance stories on the internet is far from cheerful reading.
C-Suite - Insurer: The 21st century employee
Insurers need to ensure they employ digital specialists with hands-on experience
North of the Border: Changes to Health & Safety Act
Section 69 of the Enterprise and Regulatory Act 2013 amended section 47 of the Health & Safety at Work Act 1974 for accidents occurring after 1 October 2013.
Trade Voice: A taxing time for MGAs
A few years ago HM Revenue and Customs ran an advert with the slogan ‘Tax doesn’t have to be taxing’. However, for managing general agents, this may not necessarily ring true.
Editor's comment: Practise what you preach
It’s always nice when people practise what they preach, rather than taking the ‘do as I say, not as I do’ approach – and it seems brokers should be taking a bit of their own advice at the moment.
C-Suite - Insurer: Stronger together
The power of acting in unity is being displayed around the world and insurers should follow its lead
C-Suite - Broker: Groundhog day
The continued use of unrated insurers in the solictor’s professional indemnity market is concerning
C-Suite: Risk within an ERM framework
JLT's Craig Paterson argues that enterprise risk management needs to be aligned to the finances of a company.
Editor's comment: First-date nerves
First dates can be awkward situations, with the run‑up to them plagued by never‑ending doubts about what to wear, where to meet, what your date will think and whether the all‑important chemistry will be present.
C-Suite - Insurer: People power
A sharper focus on the human touch improves the insurance experience of both customers and staff
Fraud Focus: Pros and cons of fraud law revamp
One of the central pillars of the law relating to fraudulent insurance claims is being given a much overdue makeover. The Insurance Bill is largely good news for insurers, but there will be some areas where protection is reduced.
C-Suite: Indonesia's President to drive reforms
Euler Hermes' ASEAN CEO on how the election of President Joko Widodo could prove a boon for the Indonesian economy.
Editor's comment: Restore trust before it’s too late
Trust is an important part of any relationship, be it with a life partner, a friend, a shop or a service provider.
C-Suite Broker: Talent can be found in all areas
Insurance remains one of the most resilient sectors during financial crises, managing to grow while other industries face job cuts and declining profits.
C-Suite Insurer: Bridging the risk management gap
Better sharing of information and expertise between risk managers and business leaders will benefit all
Editor's comment: A bitter pill to swallow
While some things are well worth waiting for, others – as the Competition and Markets Authority’s final report into the private motor market demonstrated this week – really are not.
Trade Voice: Recommendations on the Riot Act
Following the riots in 2011 there was considerable discussion in the media and with government ministers about the response of insurers, the performance of the claims industry and indeed the relevance and application of the Riot Damages Act.
C-Suite - Insurer: The value of investments
Unpredictable returns must be a driver for increased motor prices