Underwriting
How can MGAs strike a perfect balance between competitive pricing and profitability?
For MGAs, there is a fine balance to be found between pricing competitively to attract customers, whilst avoiding aggressive pricing that can lead to underwriting losses if risks aren’t fully understood.
Spotlight: Do insurers dream of electric fleets?
The New Year rang in the beginning of the end for petrol and diesel vehicles in the UK. With the 2030 deadline set to curtail the sale of new ICE vehicles, this article sheds light on insurance industry sentiment towards electric vehicles.
Dynamic deployment and AI: A dynamic duo for price transformation
Insurance’s dynamic duo - dynamic deployment and AI - enable real-time data analysis, personalised policy pricing, and risk assessment, resulting in powerful price transformation for today’s insurers.
New business drives Lloyd’s growth in 2024
Lloyd’s has trailed its 2024 results, revealing that gross written premiums across the market hit £55.5bn by the end of last year.
Ola Jacob leaves Descartes for Global Parametrics
Ola Jacob has left Descartes Underwriting to become London Market business development director at Global Parametrics.
Mapfre Re x CyberCube; Specialist Risk Group buys broker; Hiscox’s chief auditor
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Spotlight: Electric vehicles charge ahead
The future of driving is electric, and the momentum is building – but are UK insurers ready to meet the challenge? This article assesses the prospect of accelerated EV growth in 2025 and what it means for the insurance industry.
The hidden risk of underinsurance for SMEs
Underinsurance is a silent, yet costly risk for UK small businesses, with an estimated 80% of SMEs underinsured.
SME insurance in transition: Adapting to a digital-first world
The SME commercial insurance market is at a tipping point, driven by rapid digital adoption, evolving customer demands, and the ongoing challenge of underinsurance.
Beazley CEO says ‘it’s getting more difficult to grow’
Beazley has reported record pre-tax profits of $1.42bn (£1.12bn) for 2024, but is forecasting a slowdown in growth this year as market conditions turn.
Webinar: Easing the regulatory burden to allow insurers and MGAs to prosper
In this webinar, a panel of market experts from REG UK, Collegiate Underwriting and Jensten Group discuss the challenges insurers and MGAs of all shapes and sizes face in keeping on top of regulatory compliance; and how this could potentially be eased by…
Beyond bundles: How packaged insurance and AI are speeding up the pace of progress
Packaged insurance is transforming the insurance landscape, delivering convenience, cost-effectiveness, and comprehensive protection to consumers and businesses.
AI in insurance: Revolutionising risk and reward
While it’s clear that AI offers remarkable benefits in processing claims, predicting risks, assessing damage, underwriting and more, it also raises critical ethical questions.
The GenAI revolution: Transforming insurance for 2025 and beyond
In the high-stakes, high-volume world of insurance, every second counts, and speed of performance is the name of the game.
Top five problems SMEs face when getting insurance and how insurtech can help solve them
The complexity and variety of insurance products can be overwhelming for price sensitive SMEs, leading to confusion and the potential for underinsurance.
Tackling flood risk: Expert insights to protect your future
In this podcast, Dr.
Motor insurance profitability roundtable: Eight key takeaways
Insurance Post and CRIF collected a group of motor insurance experts together to discuss what can be done to stop the spiral of boom and mostly bust in terms of motor insurance profitability.
Best practices for insurance underwriting case management
Underwriting management is a delicate balance of speed and accuracy.
Verisk London 2024: Key takeaways
In the fourth and final video recorded at the Verisk Insurance Conference in London, Insurance Post content director Jonathan Swift spoke to delegates and speakers about the lessons they learned at this year’s event.
Verisk London 2024: Experience the possible
In the first in a series of videos recorded at the Verisk Insurance Conference in London, Insurance Post editor Emma Ann Hughes interviewed speakers and delegates about the transformative power of data, analytics, and artificial intelligence.
The future of embedded insurance: Integrating digital strategies
Embedded insurance is when insurance coverage is seamlessly integrated into the purchase of a product or service.
Using AI in insurance underwriting for accelerated time-to-value
By turning to AI in insurance underwriting, insurers can avoid costly delays, streamline processes, improve accuracy, and create an optimal customer experience.
Ireland construction trends: Industry report
HSB's report considers the key trends that are influencing Ireland’s construction market prospects and impacting construction insurance risks, from the small tool theft epidemic to the modern technologies which could enable the high demand for…
Three things to look for in an automated underwriting system
Intelligent automation including AI can free up underwriters to focus on high-impact tasks. However, to provide meaningful improvements to the underwriting process, automation needs to be carried out effectively.