6 Jul 2020
I think you’ll agree, there were no big surprises in the FCA 2020/2021 plan released in April. Top topics were; technology, fair pricing, broker remuneration, financial crime and culture.
The FCA said, “We will not compromise on our expectations of firms, particularly that they make consumers’ interests the foundation of their business models...
1 Jul 2020
In a guest blog for youTalk-insurance, Sheena Thomson, a crisis and issues communications leader, examines approaches to reputation management, why insurers and brokers must pay close attention in a post-coronavirus world, and some top-line guidance on how to do this successfully.
There is an expression in the media; “If it bleeds, it leads”.
It...
23 Jun 2020
I can’t recall a time when business interruption insurance was covered as much in the press; or as negatively.
It is a long-standing paradox; policy wordings are difficult to understand for many customers and so, are often misunderstood or remain unread completely while insurers are reluctant to rewrite these tried and tested wordings which have evolved...
6 May 2020
In a guest blog for youTalk-insurance, Managing Director Paul Handleigh reminds us to spare a thought for our past insurance colleagues and friends as part of our VE Day celebrations this Friday.
Friday will be a cause for double celebration in my household. Admittedly the second cause for celebration will be more sombre, but it will be a...
8 Apr 2020
The radio was on in the background last weekend whilst I was wrestling my way through the doorstep of paper that is The Sunday Times.
I was stopped in my tracks when I heard the radio presenter mention that according to the charity Refuge, phone calls to The National Domestic Abuse helpline had increased by 25% since the Coronavirus lockdown had started.
...
2 Apr 2020
youTalk-insurance Founder and Managing Director Paul Handleigh makes a plea to people working in the UK general insurance industry not to forget about their retired friends and much-loved ex-colleagues during the Coronavirus crisis. Remembering that it is these same people that helped to build some of the companies (some legacy) that many people in the sector now...
30 Mar 2020
In the 9 years that youTalk-insurance has been going, my highly dedicated small team have worked hard to serve up over 670 free newsletters to our incredibly large and extremely loyal community of subscribers (that’s you if you are reading this).
I mention this, only because if you have enjoyed our free service, I have a ‘one time’ small favour...
26 Mar 2020
Jasmine Handleigh, Media Executive at youTalk-insurance, shares details of three useful technology platforms aimed at helping members of the broking community stay connected
In these challenging times, it’s perhaps now more important than ever for insurance brokers to stay in touch with their customers, colleagues and insurer partners.
In light...
23 Mar 2020
A call for brokers and insurers to share stories of their good deeds
It can’t have escaped anyone’s notice that in the midst of the current crisis the insurance industry has been getting its customary ‘Crisis Kicking’ in the media. It's been dissapointing to see that this includes some insurance publications too.
Now this...
4 Feb 2020
Matthew Moore, President and Managing Director of Liberty Specialty Markets, says it is possible for the insurance industry to create stability amid 2020’s still-volatile political climate.
I think it’s fair to say that stability has been in short supply in the UK for a few years now. Stability in terms of the country’s future direction and in...
13 Jan 2020
Authored by Sabine VanderLinden CEO for the InsurTech Business at Startupbootcamp and Rainmaking.
For many insurance professionals, the word ‘InsurTech’ is met with a visible smirk or cringe. It’s become a buzzword with negative connotations because, in many instances, InsurTechs haven’t yielded the promised collaboration results....
9 Jan 2020
If you are talking your Chartered Insurance Institute exams here are 5 top tips which are likely to increase the success of your revision include:
Make a plan - Identify realistically how much time you have available. If you feel overwhelmed by the amount of revision and the lack of time, here are some tips for finding a few extra hours per week...
3 Jan 2020
2020 is going to bring some interesting challenges including:
How will the FCA try to deal with dual pricing?
How will government and the insurance industry work together to ensure that consumers and businesses are protected from increased flood risks?
As a country, how will we ensure that all blocks of flats clad in combustible material are...
19 Dec 2019
As the good ship ‘UK General Insurance’ dips slowly below the horizon of 2019 into what promises to be an exciting and challenging year ahead, I thought I would take just a few moments of your time to thank each and every visitor (that’s you if you are reading this) to the youTalk-insurance website during 2019.
As we near our 9th birthday in...
16 Dec 2019
Serious enquiries only - no time wasters...
With capacity expected to constrict even further next year, more and more brokers will likely be hoping that delegated authority (DA) arrangements will help them to grow their business in a very challenging marketplace. They will want to partner with solid insurers on these schemes and of course provide excellent...
9 Dec 2019
In this blog Adrian Saunders, Commercial Director for Ecclesiastical Insurance, talks about the special relationship that Ecclesiastical fosters with brokers.
Relationships are built on trust and that’s as true in the broker market as it is anywhere else. Trusted partner might be an over-used phrase but for me it articulates perfectly the role of the...
24 Jul 2019
In an exclusive blog for youTalk-insurance, Alan O'Loughlin, Director of Analytics and Statistical Modelling, International at LexisNexis Risk Solutions, talks about the missed opportunities for insurers as the new ‘data currency’ gathers pace
So, you are collecting data on your insurance customers and prospects? Brilliant. But what are you doing...
13 Jun 2019
Insurance brokers arranging business insurance for SMEs might be missing a cross-selling opportunity if they forget about miscellaneous Professional Indemnity, especially at a time when the new economy is booming and new forms of work are emerging.
Of course, brokers are perfectly acquainted with specialist PI policies. When approached by a solicitor, a surveyor...
10 Jun 2019
‘Come on ladies!’ is a phrase I would like to start with to generate excitement and trigger action around a topic much discussed: the gender issue.
Gender inequality in football and in (re)insurance have obvious parallels. In both disciplines male out-number, out-represent and out-earn females. That is why in June this year, IGI will take part in...
24 May 2019
Back in the 1980’s I started working in this glorious world of insurance. I still love it! So much has changed and the vast majority of it for the better. I certainly don’t use as much carbon paper as I did back then and I haven’t seen a microfiche for a good few years. The talent joining our industry is awesome. But one thing that always strikes me...
