By: 25 October 2024

Life insurers struggling to meet customer expectations, reports Capgemini

The latest report shows that many life insurers are not meeting customer expectations, largely due to outdated technology.   The...

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By: 11 September 2024

UK insurers pay record £7.34 billion in protection claims in 2023 

Latest figures highlight the importance of protection insurance in providing financial stability during challenging life events.  Insurers in the UK...

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By: 13 August 2024

Brokers urge insurers to signpost non-standard risks

The Prestige Underwriting Non-Standard Survey has revealed a significant issue. Insurers and price comparison websites (PCWs) often decline non-standard risks...

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By: 12 August 2024

Insurers grapple with rising climate catastrophes

As climate change continues to exacerbate the occurrence of catastrophic events, concern has continued to grow for insurers and insureds...

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By: 2 August 2024

LMA and IUA unveil sustainability data resource for insurers

In a development aimed at alleviating the complexities faced by insureds in disclosing sustainability data, the Lloyd’s Market Association (LMA)...

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By: 18 July 2024

New survey reveals how insurers adapt to IFRS17

A new PwC survey of 17 global insurance companies reveals how insurers have managed the implementation of the IFRS17 standard, the impact...

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By: 26 June 2024

Insurers prioritise automation in claims processing to manage rising costs

A recent poll conducted by RDT among technology teams at insurance firms and Managing General Agents (MGAs) reveals a strong...

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By: 18 June 2024

PRA finalises Solvency II rules, boosting investment for UK insurers

The Prudential Regulation Authority (PRA) has recently released the final guidance on the 'Solvency II: matching adjustment', marking a significant...

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