Data-driven underwriting will streamline the management of delegated authority business, drive down market costs and improve profitability for both coverholders and syndicates

Technology advances in recent years mean Lloyd’s, with minimal input from coverholders, can now electronically compile its own reports using data already held by the market

Time spent in the Lloyd's Underwriting Room can now be optimised for targeted and complex negotiation with numerous markets

MGAs that are able to break down data silos and mobilise technology to deliver a differentiated broker and customer service will be the ones to prosper

With the right elements, MGAs can extract value where other players would struggle to succeed, industry experts say

IA Capital-backed Delos plans further expansion within the California homeowners' market

Admitted insurers will need to pay 1% of their 2020 net written premiums, following collapse of Access Home Insurance and State National Fire Insurance

Insurance industry loss is 'comparatively moderate', Perils 

AGCS analyses €11bn-worth of construction and engineering claims over five years

Court of Appeal finds no coverage despite absence of an exclusion in another victory for insurers

Some insurers are adopting climate harm exclusion clauses, while others are developing new products

Virtual and hybrid hearings are likely to remain a common feature after the pandemic

London’s medium-sized players are transforming in order to survive

Facilities are here to stay, and the major brokers are investing in technology to expand their use

Brokers must evolve to meet the changing needs of their clients and that requires a significant cultural shift

Influx of fresh capacity is stabilising the market but it is not bringing relief to struggling sectors such as construction and finance

The country is not only at the vanguard of commercial drone application, it is also leading the world in terms of regulating and mitigating the risks associated with drone activity

Capacity providers will need to maintain their strict focus on technical pricing and controlled underwriting if the market is to avoid a slip back into the soft conditions of the recent past

Claims management specialist acquires risk engineering firm as it continues European expansion

Virtual and hybrid hearings are likely to remain a common feature after the pandemic

Accident and health carriers must anticipate the opportunities – and challenges – in the wake of the Covid-19 pandemic and prepare for their impact on claims costs

Around 80% of ransomware incidents can be avoided if organisations follow cyber security best practices such as regular patching and multi-factor authentication

Survey also reveals misunderstanding of business interruption cover

Product launched in response to cyber challenges for insurers

It is crucial to understand the limitations of technology metrics and algorithms in a specialty environment that lacks homogeneity between risks, even within the same class of business 

As the market looks to have a more technology-led dialogue with clients, the broker has a central role in raising the issue of accurately sourced and standardised risk data

MGAs that are able to break down data silos and mobilise technology to deliver a differentiated broker and customer service will be the ones to prosper

Admitted insurers will need to pay 1% of their 2020 net written premiums, following collapse of Access Home Insurance and State National Fire Insurance

Near-doubling of minimum fees would ‘better reflect cost of regulation’

Eiopa explains when commissions received by an intermediary constitute a conflict of interest

It is crucial to understand the limitations of technology metrics and algorithms in a specialty environment that lacks homogeneity between risks, even within the same class of business 

As the market looks to have a more technology-led dialogue with clients, the broker has a central role in raising the issue of accurately sourced and standardised risk data

MGAs that are able to break down data silos and mobilise technology to deliver a differentiated broker and customer service will be the ones to prosper