EY
Video: GDPR – Future proofing your business: Don’t panic!
In the culmination of the three part series the specialists run through what to do in the coming days, weeks, months and years now that GDPR is in place.
Video: GDPR – Marketing: what brokers can and can’t do
In the second of a three part series our experts tackle marketing under the new GDPR rules from phone calls and emails to the post.
Video: GDPR – What you need to know
Cheryl Martin, partner in the insurance advisory cyber and GDPR practice at EY and Branko Bjelobaba, founder of consultancy firm Branko Limited, share their knowledge on how the new regulations came about.
Broking Break: Your Top 5
Ardonagh’s results have once more piqued the interest of brokers as did a court case, an investment in an aggregator, underinsurance and motor profitability.
EY predicts motor profitability for 2018
Changes to the Ogden rate and whiplash reforms are set to contribute to putting motor insurance back into profit.
EY warns of loss making home insurance market in 2018
Consultants flag falling rates and rising costs and predict 101.7% market NCR.
Broking Break: Top Five Tech Stories
Gary Lineker and Neos, Brolly, blockchain the dark web and insurtech investment made your top five tech stories since the start of the month.
InsurTech Futures: First blockchain platform for marine insurance launched
EY and Guardtime team up with Willis Towers Watson, MS Amlin, XL Catlin, A.P. Møller-Maersk, ACORD and Microsoft on new platform.
InsurTech Futures: Use of tech by consumers growing in insurance
EY says that the future use of FinTech in insurance is projected to rise to 55%.
Broking Break: Your top five of the week
A new Justice Secretary, advice on ruthlessness, the Ogden impact, an acquisition and a restructure top this week’s charts.
Insurers and reinsurers face £3.5bn Ogden hit, says EY
Net combined ratio for motor insurance industry deteriorates to 109% in 2016.
Motor insurance market delivers 2015 loss
Ernst & Young predicts profitable period has come to an end.
Home insurers pay out lowest claims in a decade at £2.5bn, says EY
But expenses surpass claims for the first time on record according to the firm.
Motor insurers warned profits will be short-lived
Ernst & Young predicts motor insurance market will fall back into loss in 2015.
Brokers warned they could be cut out of market
Brokers told if they don’t keep up with how technology is changing the market they will be left behind.
FCA defends secondments with ‘Big Four’ accountants
Regulator says secondments to and from Deloitte, KPMG, PwC, and Ernst & Young bring critical skills and knowledge.
Insurers less trusted than banks
EY survey shows consumers place more trust in banks and drug companies with just 7% having complete trust in their provider.
Home insurance profitability could end in 2015, warns EY
Ernst & Young says the pattern of severe weather over the last decade means bleak outlook for next year.
Motor market will go back into the red in 2014, says EY
Prediction follows news that the sector turned a profit in 2013 for first time in 20 years.
Motor market turns profit for first time in 20 years, EY reports
Firm warns that turnaround may be due to reserve releases.
Ernst & Young report warns insurers over competition and regulatory scrutiny
Insurers must change underwriting approach, according to research.
EY nabs ex-FSA chief Nicoll
Sheila Nicoll, the former director of conduct policy at the Financial Services Authority (FSA), has joined EY’s asset management practice as a senior advisor.
Gender Directive to hit motor market profitability
The ECJ Gender Directive, which comes into force on 21 December, could reduce the overall profitability of the UK motor insurance market by 2% next year, experts have warned.
Pressure predicted to build for household insurers
Ernst & Young has predicted a 95% combined operating ratio (COR) for household insurance across the industry for 2012 despite the impact of weather and flooding.