The latest Financial Conduct Authority data for fair value measures has shown that, following regulator intervention, more money is being paid out in Guaranteed Asset Protection insurance claims than is coming in through premiums. https://hubs.li/Q03P4QPc0
Insurance Post
Book and Periodical Publishing
Insurance Post is the UK’s leading source of in-depth insight and analysis on all aspects of the UK insurance industry.
About us
At Insurance Post we believe information gives you an edge, particularly in complex markets. That’s why we cover UK insurance and risk management more than anyone else – it helps our customers make better business decisions. Insurance Post is the UK’s leading source of in-depth insight and analysis on all aspects of the UK insurance industry. With so much uncertainty in this market, industry participants need trusted, detailed intelligence and analysis on what it means for their companies and careers, their clients and competitors. That’s where Insurance Post comes in. For 180 years Insurance Post has delivered unmatched coverage of complex issues that are ignored or under- reported elsewhere. We regularly break stories, but are not trying to compete in the provision of real-time news. Instead, we look at topics in detail, assess the implications, speak with the market, regulators and other stakeholders, and write more detailed, analytical pieces. Ultimately our users are able to make better, more informed decisions thanks to the information we provide. And they’ve been relying on our intelligence in various formats since 1840.
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http://www.postonline.co.uk/
External link for Insurance Post
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- Book and Periodical Publishing
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- 201-500 employees
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- Insurance
Updates
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Editor’s View: While the Financial Conduct Authority currently believes only motor finance commission arrangements warrant a compensation scheme, Emma Ann Hughes warns similar payment practices in general insurance could soon face greater scrutiny. https://hubs.li/Q03P3McZ0
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Ecclesiastical Insurance UK's parent company, Benefact Group, has named Francois-Xavier Boisseau as its next chair. https://hubs.li/Q03NWY7w0
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In today’s rapidly evolving landscape, combating fraud requires not only advanced technology but also a unified, strategic approach to outpace increasingly sophisticated criminal tactics. This article, sponsored by LexisNexis Risk Solutions Financial Services and Businesses, delves into the innovative methods leading insurers are employing to stay ahead in the fight against fraud. https://lnkd.in/eYqgNXAG *This article is free to download via Post Resources - Insurance Post's free whitepaper library.
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Artificial intelligence-driven claims technology capable of causing a surge in court-bound insurance disputes has won the financial backing of a law firm backing and is now being piloted with a major loss assessor, Insurance Post can exclusively reveal. https://hubs.li/Q03NTFKs0
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Nick Pomeroy, head of reinsurance and broking at QRG Specialty, reflects on his journey from decades at industry heavyweights to helping build a nimble challenger in the London Market. https://hubs.li/Q03NSWnH0
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Financial pressures and new tech are driving fraud to new heights. As AI and deepfakes enable more convincing scams, this article, sponsored by LexisNexis Risk Solutions Financial Services and Businesses, examines how insurers are now taking a more preventative approach by investing in ID verification, analytics, and forensics. https://lnkd.in/e8uTwETC *This article is free to download via Post Resources - Insurance Post's free whitepaper library.
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The Financial Services Compensation Scheme has stepped in to protect the 16,000 UK customers of Premier Insurance Company Ltd after it entered administration yesterday (14 October). https://hubs.li/Q03NGxxj0
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Staysure Group has assembled a team of conversational artificial intelligence specialists to continuously monitor and refine its AI webchat assistant Susi. https://hubs.li/Q03NGbnr0
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Aviva is applying an automatic uplift to a 24-month business interruption indemnity period for policies issued through its Fast Trade platform in order to tackle underinsurance. https://hubs.li/Q03NGfmT0