PricewaterhouseCoopers (PWC)
Experts respond to ‘much ado about nothing’ FCA premium finance review
“After weeks of speculation, the overall feeling is one of ‘much ado about nothing’ – especially if you’re a firm doing the right thing,” said Michael Sicsic, managing partner of Sicsic Advisory, on the Financial Conduct Authority’s premium finance market study update.
PwC tips Northern Irish motor premium to drop 15% after Government review
Motor insurance premiums for Scottish and Northern Irish drivers have been tipped to decrease by an average of £60 (10%) in Scotland and £90 (15%) in Northern Ireland following a Government review.
In Depth: Niche lines - The media sector after Covid-19
The entertainment and media sector was massively impacted by Covid-19 as many events and productions ground to a halt. As it recovers, Ed Murray looks at changing risk profiles and challenges brokers need to factor in when placing business in the space
Market warns of "unintended consequences" following FCA dual pricing study
The sector has welcomed further consultation on the proposals which include a potential ban on dual pricing.
Falling business volumes have not dampened insurance sector optimism, PwC and CBI report
A survey by the organisations points toward M&A activity as the source of such positivity.
Broker optimism creeps up
Growing positivity runs counter to wider financial services market sentiment.
Broker optimism rebounds
Sector bucks the trend in wider financial services market.
InsurTech Futures: Rise in start-ups coming in from adjacent industries
Research from Startupbootcamp and PwC reveals rapid evolution in the InsurTech arena.
Brokers pessimistic about business
Overall business volumes have remained flat, according to the quarterly CBI/PwC Financial Services Survey.
InsurTech Futures: PwC and Early Metrics launch programme to scale start-ups
Programme aims to create commercial opportunities and promote best practice.
Insurance industry welcomes Ogden rate reform
Industry players expect new Civil Liability Bill to lead to a positive discount rate with some predicting a rate of between 0-1%.
The Blog Spot: Lifting the lid on optimism with Allianz, XL and Axa
Emmanuel Kenning looks at two conflicting stories as brokers frown and smile about the future.
Podcast: The top five stories of the week
Ida Axling and Siân Barton discuss the week's top five most read stories.
Optimism plummets among brokers
Insurers were even less optimistic according to the quarterly CBI/PwC Financial Services Survey.
FCA's Andrew Bailey warns passporting issue must be solved
Bailey says passporting rights are "critical" to maintaining insurance contracts after Brexit.
Optimism among brokers falls slightly
CBI/PwC survey shows growth in business volumes stalls, but overall profitability is up.
InsurTech Futures: Industry warned of Brexit impact on InsurTech
Startupbootcamp InsurTech and PwC report also shows start-ups are becoming more sophisticated, with more insurers looking to collaborate.
Brokers increasingly upbeat, says CBI/PwC poll
Business volumes increased but growth is expected to slow.
Quizzical questions: 7 July 2017
Test your knowledge of the week's news with our topical quiz.
InsurTech Futures: Brokers face disruption from start-ups, warns PwC's Howe
PwC global InsurTech leader Jonathan Howe urges brokers to respond to innovation in the sector.
InsurTech Futures: 86% of insurers worried about losing revenue to start-ups, says PwC
PwC says insurers' perception of InsurTech has changed over the last year.