After a long period of soft and competitive conditions the UK insurance market – or perhaps more accurately sections of it – is hardening. How well insurers are positioned for this change can be assessed by some specific questions aimed at Underwriting Directors and/or Portfolio Managers.
We were delighted to spend some time in Dublin recently to work with a new client – FBD Insurance. We were asked to tailor and deliver our two day Portfolio Management training workshop – one of our core product offerings.
Anish Kapoor’s Cloud Gate sculpture in Chicago provides a very different perspective – mirroring exactly the different perspective we took in developing a new training programme in Portfolio Management for our client AXA XL.
Is there really a hardening insurance market? There are certainly mixed views amongst those we have spoken to in recent months, with many not seeing any hardening at all in their world. However, there are certainly a number of factors that have caused quick corrections for certain classes of business in recent times. This article looks at how underwriters can be prepared to meet the demands of a rapidly changing market.
Alex Land, Senior Associate at MAP Training, draws upon her extensive experience of Multinational Insurance business to highlight the keys to writing and managing successful Multinational Insurance programmes.
What attributes would you expect to see in an insurance company committed to technical excellence? In this article, our two Directors, Peter Turrell and Alan Thompson explore this based on research carried out earlier this year.
If you saw someone working up a tree using a powerful chainsaw, would you expect that they have been given the appropriate training and had the relevant skills and experience necessary to do the job? In today’s insurance world with a focus on compliance, regulation and control, would you expect to see employees’ authority to make underwriting and claims decisions clearly linked to their skill, competence and experience? This is what we explore in this latest article following industry research we have recently conducted.
The insurance industry continues to undergo consolidation and this seems unlikely to cease in the near future. Following a merger or acquisition, the new organisation faces a number of integration challenges – this article looks at some of the key technical challenges they need to consider.
Managing a portfolio of business is a challenging affair with many dimensions to consider and many different teams to deal with. This article explores the scope of the role, the skills required to be a good Portfolio Manager and the challenge businesses face in recruiting and developing the right people to lead their portfolios.