Entries by admin

Artificial Intelligence can help Insurance Brokers, NOT replace them

    Commercial Insurance Brokers are being advised to act now to bring in new skills to meet the future needs of their clients or face going out of business.   The warning comes in a Chartered Insurance Institute report, “The Future of Commercial Insurance Broking.” Produced by PKF Littlejohn and Konsileo, a broking start-up, […]

Attracting the top Insurance talent through your interview process

It’s easy to assume that an interviewer always has the upper hand during the recruitment process, but for those insurance firms looking to attract the best talent, it’s very much a two-way process. Firms need to promote their brand effectively and project the right image when interviewing candidates, if they want to win over the […]

10 Tips for building a successful Insurance sales team

A successful sales team is the lifeblood of any business and insurance is no different. If you want your business to grow and thrive then you need new business to keep rolling in. Building an insurance sales team that can deliver consistently on new business can be tricky to achieve and it is no surprise […]

Key Questions to Impress at your Insurance Interview

You know it’s coming but the ‘have you got any questions?’ finale to most interviews still leaves some candidates in the insurance industry floundering. This can be a major mistake and may leave prospective employers with a poor final impression. Instead, you should think about showing off your knowledge, insight and interest by asking a […]

Impact of the Ogden Rate change on the UK Reinsurance Industry

  The reinsurance industry was left reeling 12 months ago when the government announced a cut in the Ogden rate from 2.5% to -0.75%. Almost immediately, insurance providers issued profit warnings and made provision for predicted losses by increasing premium charges, and reinsurance providers were also alarmed. The immediate consequences included increased costs of hundreds […]

Insurance Trends of 2017

  So, what were the most important trends in the insurance industry in 2017? We outline some significant points that have emerged.

UK Cyber Insurance Demand Set To Rise

The recent highly publicised string of cyber attacks on government and commercial sites is having a positive effect on the sale of cyber insurance. Incidents such as the ransom attack on NHS files and the alleged Russian involvement in the US election and UK Brexit referendum has focused the attention of company directors. Firms are […]