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Weekly News Roundup – 26th May

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History was made this week as Meta were fined £1bn for breaching EU GDPR rules by the European Data Protection Board – the biggest that has been doled out since the legislation came into force.  Lloyd’s faced anger from climate change...

Weekly News Roundup – 12th May

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It’s all happening up North this week! The crème de la crème of the insurance broking world were ‘networking’ at BIBA, where CEO Steve White announced his retirement and the organisation released their new ESG guide (see below). Another,...

Weekly News Roundup – 5th May

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We have a momentous weekend ahead, with the coronation of King Charles III. In a nod to the then Prince Charles, who said “We have to find a way of ensuring that our remarkable and seemingly beneficial advances in technology do not just become the...

Weekly News Roundup – 28th April

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Innovation is the theme of this week’s newsletter with a webinar exploring what is needed to close cyber and climate change protection gaps and an article arguing why hundred year old insurance businesses can still be transformative. We also delve...

Weekly News Roundup – 21st April

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More bad news for the Net Zero Alliance following the departure of yet another member  - can they continue to viably pursue their global climate change goals? A recent report shows that nine out of ten companies have suffered a political risk loss...

IN THE NEWS: Establishing a successful MGA

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The MGA model has proved hugely successful over recent years, filling niche requirements and operating nimbly to respond to market changes and drive real benefits to all stakeholders.  But how does someone go about setting up a successful MGA in an...

Weekly News Roundup – 7th April

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It's arrived - that great 4 day weekend of chocolate, rain, hot cross buns, rain, family and friends, rain…. Happy Easter to you all! What better way to while away all those hours of freedom by immersing yourself in the latest insurance news......

Weekly News Roundup – 11th November

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As COP26 draws to a close today, the insurance industry continues to emphasise its support in mitigating the devastating effects of climate change (a case in point being the Parhelion story below). In other news, a new study anticipates that global...

Weekly News Roundup – 29th October

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Trick or treat, I’ll keep this short and sweet, it’s almost time for Halloween, here’s a summary of the week that’s been… (sorry, couldn’t resist). One of the biggest insurance events of the year has taken place and the conversation...

Weekly News Roundup – 15th October

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Cyber is hitting the news again following two new reports. According to the latest research insurance premiums are going up (some by almost 300% at renewal) and coverage limits are being reduced. Allianz are warning about another pandemic we should...

Weekly News Roundup – 10th September

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Ever wanted to know what goes on in an insurer’s head? William Hawkins from investment bank, KBW, shares his research regarding the mainstream world of insurance. After Willis Towers Watson’s recent deal collapse they have shared their plans for...

Weekly News Roundup – 3rd September

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For those of you rich enough and lucky enough to enjoy a quick sojourn to outer space, you can now rest assured that you can buy specific travel insurance for your trip. As reported last week, the FCA’s rules regarding fair pricing come into play...

Weekly News Roundup – 27th August

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Still struggling to believe that September is only a few days away? Feel like there is still so much to do before the end of the year? Well, you are not alone when fretting about impending deadlines! The 1st of October is coming up fast and, for...

Weekly News Roundup – 20th August

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Apart from our own exciting news (well I think so anyway!) regarding the additional financial lines capacity we have secured, you can read about 14 tech providers enabling embedded insurance and get the insight from EY on the short term steps...

Weekly News Roundup – 13th August

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It may be summer but that doesn’t mean things are slowing down for the insurance industry. There’s been new partnerships, new IPOs and new projects flying around all over the place! Make sure you catch up on the action here… Insurtech...

Weekly News Roundup – 30th July

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There are some more great articles for your summer holiday reading this week. Put aside some time to have a thorough read of Instech London’s comprehensive report about embedded insurance, grab a coffee to get the latest on open banking and what...

Weekly News Roundup – 23rd July

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No particular theme this week, just a few interesting nuggets of info for you to get your teeth into. Get a view on the industry from a CEO of a specialist Lloyd’s insurance group, take a look at what role brokers should be playing to reduce...

Weekly News Roundup – 16th July

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Last week I reported on insurer collaboration in the cyber arena, this week a group of 8 major players have launched a new alliance focussed on creating guidelines and underwriting criteria for activities within their underwriting portfolios that...

Weekly News Roundup – 2nd July

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Embedded insurance has been described as “the future of insurance distribution as it enables companies to meet customers along their journey with the products and services that they are looking for, when they are looking for them.” (Rohan Shah,...

Weekly News Round Up – 18th June

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There’s another spanner in the works as the US Justice Department has commenced proceedings to block the mega-merger between Aon and WTW. And whilst we are on the subject of M&A, check out what Travelers has to say about SPACs and the challenges...

Weekly News Roundup – 11th June

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You’ll be interested to know that Swiss Re has called out zombies* as one of the biggest new threats to the risk landscape that has emerged from the pandemic. Guy Carpenter also has some insight on another of those threats, climate change, sharing...

Weekly News Roundup – 4th June

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Can you imagine how great it would be if your flight got delayed (fingers crossed, we can all go somewhere abroad soon!) and, whilst you waited, your insurer provided cash compensation on the spot? That is the beauty of the parametric insurance...

Weekly News Roundup – 14th May

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I’m not one to boast BUT I have to gush about our new article in which we discuss what MGAs should be aspiring to and how they can get there! I bet you never thought that someone could make meaningful comparisons between a 1960s spaghetti western...

Weekly News Roundup – 7th May

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Last week AXA Switzerland revealed that they would begin to accept premium payment in bitcoin. This week, to continue with the theme, I was keen to share an article from Oxbow partners that delves into the cryptocurrency space for (re)insurers, a...

Weekly News Roundup – 23rd April

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This week you can read about the more unusual cases of insurance fraud, explore the shift from traditional to more digitally focussed insurance products and the potential impact on premiums, and get the low down on Lemonade’s latest...

Weekly News Roundup – 16th April

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I have a pick ‘n’ mix of articles to tantalise the insurance tastebuds this week. You’ll find interviews with insurance gurus, the latest news from Lloyds, a thought piece on diversity and much more! How Argo Group Innovates (Source:...

Weekly News Roundup – 09th April

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Easter flew by with 4 seasons in one day, as is the norm, and with its departure came the much anticipated underwriter rankings list from Gracechurch, some fantastic viewpoints on the digital ecosystems in insurance and a new report highlighting the...

Weekly News Roundup – 02nd April

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The insurance world is full of a million different acronyms and there seems to be a new one to discover every week! The latest I’ve been reading about is SPAC (Special Purpose Acquisition Companies) and it seems their current boom is causing some...

Weekly News Roundup – 19th March

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There have been some interesting viewpoints in the news this week on what MGAs should be focussing on to remain relevant; business models, partnerships and products are part of the discussion. You can also find out what insurer management teams...

Weekly News Roundup – 5th March

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ESG factors and their associated risks have been hitting the headlines in recent weeks. For those of you not in the know, “ESG” stands for Environmental, Social, and Governance, and these non-financial factors are becoming increasingly important...