To determine if additional information about named drivers would truly help with differentiating the risk of a motor insurance policy, LexisNexis Risk Solutions analysed policies with named drivers present. This blog highlights some of the risk predictors for named driver insurance.
Based on research conducted by LexisNexis Risk Solutions, this blog highlights the impact of insurance policy cancellations, factors which increase the probability of future cancellations and how insurers can leverage cancellations data to make price adjustments to mitigate the risk and costs.
Based on insights from Post’s SME Insurance Risk Survey, this article sheds light on why the take-up of cyber insurance among SMEs is so low, the perils of underinsurance and the biggest concerns among SMEs that might encourage them to increase their cyber cover through brokers or insurers.
Based on the findings of a recent SME Insurance Risk Survey, this report focuses on how insurers and brokers can attract and retain small to medium-sized enterprise clients, the importance of new technologies, the opportunities within the market and the emergence of new risks such as cyber.
Commercial property is facing hikes in premiums as insurers take a tough line on claims, whilst capacity is also reducing. Insurance Age’s article looks at the factors driving claims pressure and the steps brokers can take to weather the hardening market.
Ahead of Insurance Post’s upcoming Motor Insurance World event, this report focuses on the key issues impacting the sector. Topics covered: whiplash portal update; distracted drivers and mobile phone usage; keyless motor theft; how data from motor crashes will help reduce fraudulent claims.
Wholesale and retail brokers alike are facing a capacity crunch in some sectors, meaning the expertise of the insurance market is being put to the test. This in-depth feature sheds light on the factors driving this trend, the business lines affected and the implications for brokers.
The relationships customers want with their insurer have evolved. Based on research conducted by Collinson, this report explores the use of data and communications to improve customer experience, improve customer loyalty and ultimately, drive results for insurance providers.
Collinson surveyed over 2,000 consumers who’ve bought or renewed travel, car or home insurance in the past 12 months in the UK. With a focus on product innovation, discover how added value benefits can be used to drive profitability across different demographics and products.
Based on research conducted by Markel, 69% of the risks from non-technology specialist carriers do not have the appropriate level of cover or extensions. This infographic highlights how brokers can ensure that their technology clients have appropriate cover in place.