Opinion in United Kingdom

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Type Product title / description Pub Price
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Travel insurers should embrace the aging population

Insurers that set age restrictions on the eligibility for their travel insurance products are missing out on a growing and increasingly important market segment.

Published By Datamonitor
09 Jul 2015
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IPT rise to cost insurers additional £1.5bn

UK Chancellor George Obsorne's latest budget speech announced that the insurance premium tax (IPT) rate will see a 3.5% hike, creating a new challenge for insurers battling to maintain margins in a highly competitive space.

Published By Datamonitor
09 Jul 2015
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Accelerating competition though digital banks?

The digitization of financial services is making it easier for new banks to enter the market. However, the challenge for the Prudential Regulation Authority (PRA) is to create the conditions that will allow all banks to compete fairly.

Published By Datamonitor
07 Jul 2015
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ACE/Chubb: no great risk for UK insurance

Chubb's acquisition by fellow giant ACE marks a huge development in global insurance - one which may spell trouble for the overall market. Within the UK space, however, the combined weight of the two firms is not likely to have a significant impact.

Published By Datamonitor
06 Jul 2015
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Big Data could price insurance customers out of the market

As the concept of Big Data homes in on the insurance industry, providers need to ensure that the use of Big Data analytics doesn't leave some consumers without affordable cover.

Published By Datamonitor
30 Jun 2015
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Atom Bank: now comes the hard part

In gaining its banking license, Atom Bank has cleared a major hurdle to entering the UK market. However, overcoming consumer inertia will prove to be an even tougher challenge.

Published By Datamonitor
30 Jun 2015
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Banking license not enough for wealth management success

There have been few new entrants in the UK wealth management space in recent years, with most being boutique ventures by staff who left other competitors. The latest newcomer, Hampden&Co, has decided to run its business as a licensed private bank.

Published By Datamonitor
25 Jun 2015
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FairMoney aims to widen access to fair credit

FairMoney is a new loan comparison site in the UK that aims to serve non-standard borrowers in a fair and transparent manner. This shows that tougher regulation and initiatives such as Treating Customers Fairly are starting to have a positive impact.

Published By Datamonitor
25 Jun 2015
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Car insurance market retreats from break-even COR

2014 financial results for the UK car insurance market reveal a worsening performance, as shrinking GWP from competitive premiums failed to tally with a space still facing a whiplash epidemic.

Published By Datamonitor
24 Jun 2015
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Telematics can work for motorcycle insurers too

Insurers should rethink the application of telematics and its exclusivity to car owners, especially as motorcycle owners are classed as a high-risk group.

Published By Datamonitor
23 Jun 2015

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