EY
RSA names Richard Read group pricing director
RSA has appointed Richard Read as group pricing director.
Inspool, Insure Street, Teambrella and Tego Cover among eight UK insurtech start-ups to watch
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.
Digital: Virtual reality
Virtual reality has hit the gaming industry this year and it could find a place in the insurance sector to help with claims and fraud in the future.
Leave vote will 'significantly damage' insurance market, analysts say
Today’s leave vote has the potential to significantly damage the UK insurance market, several analysts have claimed.
Profit-making in motor insurance market goes off track
The motor insurance market is set to experience significant losses in premiums over the next year.
Asia Analysis: The sensors are coming
New sensor technology has huge potential for the insurance industry, but companies in Asia are lagging behind their Western counterparts writes Nicky Burridge.
Concern expressed as 'rigorous' SIMR adds pressure on senior roles
Insurers have welcomed the launch of the Senior Insurance Managers Regime, however, there remains uncertainty as to what extent top ranking employees will be impacted.
C-Suite: Making claims fit for a digital era
There is a still much work ahead for insurance companies to bring claims into the digital era writes Alson Ong.
Personal and commercial profit pressures spark insurers' wholesale interest
Growth ambitions have been pegged as the main driver behind prominent UK insurers expanding their wholesale market presence with competitive personal and commercial lines conditions forcing insurers to deploy capital elsewhere.
EY predicts busy 2016 for insurers with SII implementation
Professional services firm EY has warned insurers and regulators to prepare for a busy 2016 as companies start to embed the Solvency II Directive.
Penny Black's Christmas questions 2015: What does an insurer's Christmas look like?
What are insurers and brokers up to at Christmas? Post has asked them how they celebrate the festive season and found out a lot of them like to hear the bells ringing out for Christmas Day.
Review of the Year: Lloyd's
Lloyd’s didn’t stand still in 2015, while facing new threats and growing competition. With a bold new strategic direction and a number of mega-deals in the consolidation arena, the market has emerged with its head held high.
Benefits of blockchain championed to slow starters in the UK
The UK insurance industry is "woefully behind" in its take up of blockchain technology, which commentators say will radically change the way insurance contracts and settlements are handled as well as potentially reducing insurance fraud.
Claims Club Asia: Cyber risks on the agenda
At the final Claims Club Asia of 2015 in Hong Kong, an audience of claims professionals heard from experts on cyber risks.
EY predicts 8% motor premium increase
Motorists can expect an average 8% rise in the price of their insurance which is equivalent to a £30 annual increase per driver, according to EY research.
Increased innovation and outsourcing key to driving down household claims expenses
Household insurers have been advised to outsource more claims and increase innovation or run the risk of following the path of the unprofitable motor market.
Home insurer profitability 'in the balance' as expenses outstrip claims costs
The amount paid in expenses last year outstripped the cost of claims for home insurers for the first time on record.
Europe: A CIVETS hedge?
There is currently a lot of hype about the so-called CIVETS - Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These are countries with young populations and plenty of economic potential, so should these be the hunting grounds for European…
Cyber Security: Masked intruder
A whopping 81% of large organisations suffered a cyber-attack last year. With the number of attacks on the increase, are insurers offering new areas of coverage to protect policyholders in the event of a data breach?
Analysis: How Asian wellness programmes could protect the bottom line
Asian health insurers are increasingly turning to wellness programmes in a bid to manage rising claims costs writes Nicky Burridge.
Roundtable: Reputation: Time to start building bridges
The insurance industry’s reputation is at a low, with recent reports highlighting a lack of consumer trust. How can insurers work towards improving the public’s perception of them?
Motor insurers warned against drawing from reserves in face of falling profits
The motor insurance market is expected to fall back into the red this year despite it continuing to be propped up by hefty reserve releases and rising premiums.
Analysis: Asia's high growth markets
Insurers see high growth potential in several large countries across Asia but caution is needed. Nicky Burridge explains.
Home market failing to price for long-term weather risk
The home market remains significantly more profitable than its motor counterpart but insurers may be failing to price for long-term risk, market analysts fear.