Weekly News Roundup – 22nd December

As the year draws to a close, we have pulled together a number of reviews and reflections of 2023, as well as some predictions for the future. This will be our last briefing until January, so wishing everyone a very happy time over the festive season!

In the News: Review of the year 2023 (Source: Insurance Age)
What may lie ahead for the insurance market in 2024? Tim Quayle’s been gazing into his crystal ball and shares some of his market predictions for next year with Insurance Age.

Insurance Couch Podcast – Insurance Industry Forecast 2024 (Source: Spotify)
Join two industry experts as they talk about their forecasts for the insurance industry in 2024. *Spoiler alert* Predictions include 1) online direct sales will not grow 2) insurers will increase prices 3) brokers will be able to pay higher salaries than (re)insurers

What is the biggest advantage of the MGA model? (Source: Insurance Business Magazine)
Are MGAs the right choice for brokers? Hear from a host of insurance industry experts from Geo Underwriting, GRP, B-Spoke Group, Financial & Legal, Markerstudy, Renovation Underwriting, AXA XL, Pen Underwriting and Fortegra discussing the advantages of the model.

2023 in review: this year’s key developments (Source: ESG Insurer)
The biggest things that have happened in the ESG space this year including the unravelling of the Net-Zero Insurance Alliance, the commitment to sustainability strategies by a number of large insurers and the launch of new innovative climate insurance products.


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