All articles by Verdict Staff

55% of European insurers looking to diversify risk in low-interest environment

A survey of 100 major UK and European insurers has found that 55% plan to diversify their portfolio risk over the next 12 months to contend with historically low interest rates.

Top tips for insurers to improve cyber security

Robert Rutherford, CEO of the business and technical consultancy, QuoStar, explains why insurance firms can be more susceptible to cyber attacks. According to Rutherford, improving technology is the last piece of the cybersecurity puzzle – the real work comes in undertaking risk assessments and understanding what the potential risks to a firm’s assets are.

Steps to move the STIP market forward

Steve Devine, chairman of the Protect Association –an information and networking hub for companies and individuals working in the UK protection insurance market – gives his view on the state of the income protection, and particularly short term income protection market (STIP). Devine asks whether insurers and distributers done enough to move the current STIP products away from the stigma associated with payment protection insurance (PPI).

Brexit: Deconstructing the importance of passporting

The passport that provides the UK with access to the market for financial services within the EU has been the subject of many post-referendum discussions regarding the impact of Brexit on the UK’s financial services industry. When deconstructing and closely examining its implications, we judge that its salience in these discussions overstates its overall importance to the UK’s insurance industry.

Taking stock of Solvency II – rethinking how insurance assets are managed

Guy Cameron, a director at Edinburgh-based fixed income manager, Cameron Hume, argues that Solvency II requires a fundamental rethink of how insurance assets are managed by third party managers.

Tech Trends 2016 for the insurance industry

The IT-Trends 2016 radar for the insurance industry – first published by Munich Re – identifies relevant new technologies for ERGO, MunichRE and MEAG and evaluates them from a group perspective.

It focuses on the innovation potential of individual trends and review their practical suitability for the reinsurance and primary insurance sector.

Charitable UK life insurance price comparison website launches

A UK life insurance price comparison website – offering a commission sharing, no fee model -has launched, which also supports selected local charities by a donation for every policy purchased.

Going digital – the future of insurance

The infographic in this article explains how the insurance industry can grow with the digital revolution

A.M. Best: life insurers more vulnerable to market volatility after Brexit

A.M. Best’s senior director of analytics, Catherine Thomas, has warned that life insurers are more vulnerable to the short-term market volatility caused by Brexit.

Standard Life rolls out new pension transfer tools

Standard Life has introduced a new pension transfer tool for advisers to enable them slash time and money in transferring pension.