Deloitte
Digital motor insurance policies worth €15bn by 2020
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
Deloitte appoints insurtech expert Walsh as insurance partner
Deloitte has appointed Nigel Walsh, former head of insurance at Capgemini as a partner in its insurance practice.
UK General suspends AR activity over mis-selling allegations
UK General Insurance has been ordered by the Financial Conduct Authority to look into alleged mis-selling by its appointed representatives.
Maguire set to retire from CEO role at Aegis
Alan Maguire will retire as president and CEO of Aegis after 20 years with the business.
Blog: Big Data and the future of insurance
Big Data is a rather daunting subject for a lot of us working within the insurance industry but it draws in the crowds, as recently witnessed on Deloitte's rooftop, where a full audience braved the classic British weather to tackle the mighty subject by…
FCA report on widespread selling among ARs 'no surprise' to broker networks
Today’s Financial Conduct Authority report on the “serious and widespread” issues on the oversight of appointed representatives has come as no surprise to broker networks.
Insurers mobilise contingency plans following Brexit vote
Deloitte has released a statement claiming that insurers are mobilising their contingency plans in response to last Thursday’s Brexit vote.
In Depth: Wearable Tech: More science fact than fiction, but is there a wearable future for insurers?
As wearable tech becomes more mainstream, what are the risks for the industry?
Net combined ratio for motor insurance to rise to 104% this year
Motor premiums have risen to £13.9bn but the sector remains a loss-maker for many insurers, according to figures from Deloitte.
Industry facing 108% COR for 2015 as floods wreak havoc on home profits
Insurers’ profitability for home insurance in 2015 has been put into freefall by the intense period of wet weather in December, with combined operating ratios for the year estimated to have deteriorated 16 percentage points to 108%.
Peer-to-peer insurers tipped as attractive M&A targets
Acquiring peer-to-peer insurance companies has been tipped as a way for traditional insurers to protect market share as the demand for insurance products changes, a Deloitte report claims.
Tax costs could rise for UK insurers after European Commission cancels review
An ongoing review abandoned by the European Commission on Wednesday (28 October) could increase the tax burden for UK insurers.
Insurers must find right balance with millions of policyholders up for grabs
The threat of motor insurance customers switching providers more frequently creates a dilemma for insurers on how to differentiate their policies on factors other than price, according to market insiders.
14 million UK motor policyholders tipped to switch provider per year
Up to 320 million motor insurance policies could be up for grabs across Europe by 2020, according to research by Deloitte, as an increased willingness to switch provider takes hold across the continent.
Quiz of the week - 4 September 2015
It's quiz time. Test your knowledge of the week's insurance news.
Insurers risk losing customers amid demand for smartphone interaction
General insurers are in danger of losing their customers to new entrants unless they step up their digital game, according to research carried out by Deloitte.
Deloitte promotes Rush to insurance leader
Deloitte has appointed senior audit partner David Rush as insurance head and Europe, Middle East and Africa insurance group co-head.
Older consumers want mobile purchasing option reveals survey
Insurers targeting digital propositions at millennials could be missing a large untapped market of tech-savvy older consumers, according to a new report.
Consumers bear the brunt of IPT hike amid fears of further increases
Policyholders look likely to foot the bill for a 56% increase in insurance premium tax, but fears have been raised that the government could look to squeeze the already competitive market further by bringing UK IPT into line with Europe.
Shock IPT raise - more reaction
The insurance sector is still reeling after George Osborne's Budget announcement to raise insurance premium tax by more than 50% from 6% to 9.5%.
Household rate rises required despite long-term benefits of connected home
The connected home may favourably impact the profitability of the household market but benefits are unlikely to offset the effect of declining premium in the short term, according to insurers.
Broker Networks: Getting squeezed out?
Can broker networks justify their position in the supply chain? A recent survey aimed to find out how insurers and MGAs viewed them.
Home insurance market to be close to underwriting loss by 2016
Insurers are in danger of presiding over an underwriting loss in the home insurance market for the first time since 2007 if underlying profitability continues to be hampered by falling premiums.
Deloitte Asia-Pacific managing director hails "tremendous" growth potential
Deloitte has appointed Yoichiro Ogawa, deputy CEO of Deloitte Japan, as global managing director for Asia-Pacific.