Commercial

FCA Targets High Cost of Insurance Price Wars
Insurance FCA Targets High Cost of Insurance Price Wars

Unpacking the Regulator's Clampdown on 'Race-to-the-Bottom' Insurance The Financial Conduct Authority's (FCA) expanded intervention into the home and travel insurance markets is far more than a routine regulatory check. It represents a direct response to a consumer super-complaint and, more

IUA Sets New Agenda to Fortify the London Market
Insurance IUA Sets New Agenda to Fortify the London Market

A Proactive Vision for London's Future The International Underwriting Association (IUA) has unveiled a refocused and ambitious strategic agenda, setting a clear course to bolster the London company market’s global standing through 2026. Championed by new Chief Executive Chris Jones, this agenda

Younger Farmers Outpace Outdated Insurance Models
Regulatory & Compliance Younger Farmers Outpace Outdated Insurance Models

The Widening Chasm: A New Generation of Farmers Meets an Old World of Insurance A dangerous disconnect is growing in America’s heartland, a gap not of soil or crop yield, but of risk and understanding. As a new, tech-savvy generation of farmers takes the helm, they are inheriting more than just

Trend Analysis: Bulk Purchase Annuity Market
Regulatory & Compliance Trend Analysis: Bulk Purchase Annuity Market

The seismic shift in the retirement risk transfer landscape is vividly illustrated by the recent definitive agreement for JAB Insurance to acquire Utmost Group’s UK Life and Pensions business, a transaction that signals intensifying dynamism in the sector. As defined benefit pension schemes

Utmost Group Sells Pension Division to JAB Insurance
Insurance Utmost Group Sells Pension Division to JAB Insurance

In a significant move that signals a strategic recalibration within the European insurance landscape, Utmost Group has officially entered into an agreement to divest its entire bulk purchase annuity (BPA) business, Utmost Life and Pensions (ULP), to JAB Insurance. The comprehensive deal, which is

Outmarket AI Tool Streamlines Insurance Sales Proposals
Insurance Outmarket AI Tool Streamlines Insurance Sales Proposals

The intricate and often tedious process of crafting commercial insurance proposals has long been a significant operational bottleneck for brokers, consuming valuable hours that could otherwise be dedicated to client engagement and strategic growth. In a landmark move poised to reshape this

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