In this blog post, Alan O’Loughlin, head of analytics and statistical modelling at Lexis Nexis Risk Solutions, highlights how insurers can gain a strategic advantage over their competitors by maximising their data models to create more intelligible insights.
In this end of year review, Simon McGinn takes a look back at the past 12 months, considering various hot topics and issues like Brexit, legislative changes and the ongoing matter of broker market consolidation. This feature also looks at 2019 and beyond.
This report sets out the key findings of the FCA’s thematic work on the pricing practices of household insurance firms. It then details our expectations of firms and our next steps.
The distribution chain has attracted the Regulator’s interest for some time. The FCA has been carrying out an initial review of the wholesale market sector focusing on conflict of interest and distribution chain value. Download this article to find out more and the implications for brokers.
Following the EU’s recent decision to amend the implementation date for the IDD, this article explores the implications of the new directive for brokers and revisits the steps outlined in our recent article that every broker should consider taking immediately.
The impact of underinsurance can be crippling for any business that suffers a loss, but it often hits SMEs particularly hard. In this feature, Harriet Conway, SME business insight manager, Allianz UK, considers what can be done to help SMEs tackle the problem and the role brokers can play.
Small businesses may not always be prepared for the claims process, but brokers can make the journey easier for clients and even improve retention rates at the same time. Download this article to find out more.
This guide discusses how InsurTech can assist brokers in better understanding and connecting with their customers whilst considering the implications of increasing data protection laws.
Cyber attacks are increasing in number, scale and sophistication, and pose a threat to all financial services firms. Is your firm capable of defending itself against cyber attacks? This infographic highlights effective cyber security practices and what you should do in the event of an attack.
Coming into force in January 2018, the Insurance Distribution Directive introduces a new requirement for those staff that sell, advise on and transact insurance contracts for all types of insurance customers. This policy briefing provides a summary of the FCA implementation of the IDD.