BROKING
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As the dust settles on a hectic 1/1 renewal season, the Bermuda market is catching its breath and looking forward to 2023. On a trip to Bermuda earlier this month, a number of senior leaders told Insider Engage that the renewals were chaotic and underwriters were very busy the week between Christmas and New Year’s, as rates, terms and conditions hardened dramatically.
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In Partnership With Eigen TechnologiesThe importance of underwriting in the insurance value chain cannot be overstated, but despite this importance, there are several pain points that continue to dog the industry.
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While the COVID-19 pandemic shut down offices and in-person meetings, Aon used the time to revamp its claims review process.
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Affordable, accessible end-to-end technology is critical for smaller brokers to compete in a rapidly digitising and increasingly data-driven marketplace.
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The watchdog’s new product governance rules could be a catalyst for big change in the UK general insurance market.
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Algorithmic underwriting has the power to cut through the complexity of commercial lines and allow for more efficient, fast and accurate risk selection.
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The region’s economies have been hit hard by the pandemic, but London has the chance to take more business there, if it sorts out its service problems.