News Analysis
Drone cover demand predicted to rise
The commercial market for drone insurance is ready to take off, with personal use following in its slipstream
Facing the future
Technology is changing the way brokers do business and how customers buy insurance, but is the broking world ready for big developments happening in FinTech? Insurance Age finds out
Broker Network hails new independence
Market welcomes Towergate selling its majority stake, but some have questioned aspects of the deal
Market dismayed by further IPT increase
Brokers describe tax rise to 10% as a “slap in the face” but support increased funding for flood defences
Demise of the high-street broker?
Swinton is closing 130 branches in response to changing customer behaviour, but many brokers believe there is still life in the high-street model.
Brokers battle over Brexit
Biba and most insurers back remaining in the EU, but would leaving benefit smaller brokers?
Brokers speak out on regulatory burden
MP reopens debate over the effect of increasing regulation on small brokers
Plugging into the network
Networks are becoming increasingly popular amongst brokers, but what are the advantages and pitfalls of joining up? Research by Insurance Age reveals the state of the market
Industry welcomes “regulation heavyweight” to FCA role
Insurers broadly applaud Andrew Bailey’s appointment to the top job at the FCA, but brokers express concern over the regulator’s promotion of an “establishment” figure
Broker Apprentice 2015: Showcasing talent
Broker Apprentice 2015 winner Charlie Barrett and chief judge on the show John O’Roarke share their experiences of the highs and lows on this year’s journey to find a champion
Sian Fisher welcomed as new CII boss
Incoming CEO’s determination, focus and industry experience will be of “immense value”, senior figures have said, as well as praising Sandy Scott’s tenure in charge of the professional body
Industry searches for SME flood insurance solution
Biba investigating scheme to help small businesses in flood-prone areas
Birmingham office closure compounds brokers “losing faith” in RSA
West Midland brokers react with disappointment to news of insurer placing 190 roles “at risk”
Big data: brokers are “doing it by the book”
Insurance sector unconcerned by FCA’s inquiry into how it handles customer data
Is broker PI on the rise?
New products on the market could herald a resurgence for broker PI sector
Brokers divided over Osborne’s plan to curb whiplash claims
Chancellor’s proposed measures welcomed by insurance companies
Market reacts to providers’ job cuts
Mixed response from brokers to news of redundancies at Zurich and AIG
Industry calls for action on underinsurance
Brokers urged to help in fight against underinsurance and take the lead in educating clients
FCA moves the goalposts over add-ons
Brokers express surprise and concern over regulator’s unexpectedly wide definition of add-ons
Survey reveals lack of concern over fraud
Majority of brokers say application fraud is not a priority for their business, according to SSP survey
Brokers could benefit from rising tide of cyber crime
Recent high profile hacks and data breaches remind businesses of the need for cyber insurance
IPT hike causes technological headache
Insurers and software houses take differing approaches to implementing IPT increase
Specialist Lines – online event launched
Specialist Lines 2015 virtual event will cover the opportunities and pitfalls in niche specialisms
Hiscox on HNW: "Bring me your rich"
Hiscox founder Robert Hiscox is one of the most respected figures in the high net worth (HNW) market and Insurance Age is proud to present him as the keynote speaker at our HNW Forum in London on 21 October. Ahead of the event we spoke with Robert to get…