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Brokers foresee disruption from Amazon business insurance deal but no reason to panic
Amazon Business’ partnership with insurtech Superscript has the potential to bring an element of disruption and grab niche market share by meeting demands but advice is still key for corporate SME business, according to experts.
Analysis: Commission in the crosshairs as FCA warns on product governance rules
The shift in the regulatory landscape could lead to “massive upheaval” experts have warned as brokers have been urged to engage with the process amid fears that the scope of fair value changes has not been understood.
Trade bodies collaborate on product governance amid concerns of sluggish progress
Insurance industry trade bodies are working to agree templates for information sharing between firms to enable them to more easily come into line with the Financial Conduct Authority’s enhanced product governance rules.
Latest
Analysis
Editor’s comment: The death of the mega deal?
If not for Covid-19 then the biggest story for the insurance industry of 2020 would have been the $30bn (£21.9bn) mega merger of broking giants Aon and Willis Towers Watson.
Analysis
Intelligence - A question of diversity
Studies have shown diverse management teams achieve higher revenues due to innovation and discrimination claims can be costly. As the Dive In festival kicks off at Lloyd's and around the world, Edmund Tirbutt investigates if the insurance industry is achieving its diversity goals.
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charity support
Today is #TheGreatAllianzAbseil! Our CEO, Jon Dye and CEO of @MindCharity, @paulfarmermind, are joining Allianz employees to abseil 80 metres down London’s ArcelorMittal Orbit. All to raise vital funds for our corporate charity partner, Mind.
— Allianz Insurance (@allianzuknews) September 24, 2021
Good luck everyone! pic.twitter.com/TYwhHyx6Qe
Most read
- Analysis: Commission in the crosshairs as FCA warns on product governance rules
- Trade bodies collaborate on product governance amid concerns of sluggish progress
- Analysis: Willis Towers Watson's retention and recruitment challenge
- Obituary: Insurance veteran Sandy Dunn passes away
- Interview: Jimmy Williams, Urban Jungle
- Avid’s Stephen Gibson on the four criteria that will define a successful MGA
- Blog: Improving customer retention in insurance
Special Projects
Best Insurance Employer 2021
Between 15 March and 15 May Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they would recommend the employer to a friend. More than 2300 responses were received and more than 50 firms were nominated.
The top 30 European Insurers 2021
The impact of Covid-19 saw the European non-life insurance market report a decline in gross written premium and profit after tax. AM Best analyses the numbers and reports on the movements in the ranking and the outlooks for the leading markets within the continent
The Top 100 UK Insurers 2020
A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
Claims Apprentice 2020
Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
People & Comment
Avid’s Stephen Gibson on the four criteria that will define a successful MGA
Blog: Improving customer retention in insurance
Blog: We are not responding fast enough to the climate change challenge
Blog: Strength in numbers - the power of three
Interview: Jimmy Williams, Urban Jungle
Zurich’s Paul Dixon on a greener claims process
Blog: What else can you do?
Blog: The rise of new mobility and how flexible insurance is helping to drive this greener transport system