News

Insurance

GRP's underwriting division finds it's time to prosper

The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish.   5 August 2019

Insurance

MGA Gentium Motor launches on Volante platform

Volante Global, a multi-class and multi-territory international managing general agent (MGA) platform, has launched Gentium Motor and the appointment of Neil Smith as managing director.   13 August 2018

Insurance

UK regulator unveils insurance pricing practices review

UK’s regulator Financial Conduct Authority (FCA) plans to conduct a review of pricing practices in general insurance, according to its business plan 2017/18.   19 April 2017

Insurance

New AI-powered insurtech promises to cut insurer's claims cost by almost half

The new platform aims to reduce insurer's fraud exposure and accelerate their claims processes.   31 March 2020

Risk Management

Risk manager’s job ‘more demanding than ever’ – Willis Towers Watson

Willis Towers Watson’s latest Insurance Marketplace Realities report says hard commercial market begins to moderate; expanded capacity could bring stability in 2022.   2 December 2021

Insurance

Aviva to provide extra coverage to NHS frontline workers and volunteers

The UK insurer will offer free automatic coverage to show its appreciation for coronavirus frontliners.   30 March 2020

Insurance

International Insurance Society reveals leadership change

CEO Morrissey says the timing is right for a leadership change to drive the next phase of IIS.   18 June 2020

Insurance

Insurers run selective race into advanced analytics, prioritising revenues before claims, mass market before commercial

Some 1/3 swear off advanced analytics for select commercial lines, Willis Towers Watson survey shows.   1 December 2021

Insurance

Beware of crushing your insurtech partners, warns panel

Every re/insurer understands that technology has the potential to transform their business and that insurtechs can help craft this strategy. But large incumbents must be clear on their strategy, or risk crushing their insurtech partners, says an Intelligent Insurer panel.   8 February 2022

Insurance

GDPR to drive cyber business in 2018

The implementation of the General Data Protection Regulation (GDPR) across the EU in May is expected to have a major impact on the re/insurance market, according to many of the executives who we interviewed for our year-end questionnaire.   2 January 2018

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