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The Financial Conduct Authority, which regulates insurers and other financial companies, on Monday published a discussion paper on simplifying the rules in the commercial insurance sector, saying the changes could “significantly reduce the time needed to take on new customers, or renew their contracts”.  #insurance #regulation

Optimise your commercial insurance arrangements. From renewal timelines to maximising value, we've got you covered! Our new videos address crucial questions like: 🔹 When to consider policy renewal? 🔹 How to get the best value at renewal? 🔹 The myth about involving multiple brokers 🔹 Why value is paramount in commercial insurance 🔹 The ins and outs of a renewal review 🔹 Step-by-step renewal process 🔹 Preparing like a pro for renewal Head over to our website now to access these invaluable insights! 💼💡 https://lnkd.in/eU_9pGXr #CommercialInsurance #InsuranceRenewal #InsuranceStrategies #BusinessInsights #InsuranceTips #SustainInsuranceBrokers

In the world of insurance M&A, 2023 was a sleepy year. Although many insurance companies and investors used the time to rebalance their portfolios, fewer transactions took place. Our 2024 insurance M&A outlook explores trends and insights from across the insurance sector that can help your business better position itself to catch incoming opportunities. Deloitte's new 2024 #Insurance M&A outlook report is now available—dig into the details.

We were excitied to see our MD Katie Freemantle share insights on insurance for micro businesses over on Insurance Business UK recently! 🚀 In collaboration with Travelers, Jonathan Forster and Katie dive into the unique insurance needs of Micro Businesses, from finding the right cover to pivoting in uncertain times. Check out the link to the article in the comments for expert advice! #SmallBusinessInsurance #InsurancePartnerships

Unlock the power of expertise. Commercial insurance advisors provide in-depth industry knowledge to empower your business decisions. #ExpertGuidance #InformedChoices #BusinessSuccess

Will sustainability in insurance become business clients' next focus? Results show a preliminary indication that sustainability is getting increased attention from commercial insurance clients. #insurance #insurancebarometer #sustainability

Will sustainability in insurance become business clients' next focus? Results show a preliminary indication that sustainability is getting increased attention from commercial insurance clients. #insurance #insurancebarometer #sustainability

These are the 20 insurance companies with the largest P&C market share. Check out the rankings to learn more about the P&C market share, direct premiums written and more of these leading insurers. #propertyandcasualty https://bit.ly/4d21inQ

The insurance industry is at a pivotal point. But how will opportunities for growth, innovation, and societal impact unfold? EY’s Phil Vermeulen sits down with European Insurance leaders to answer this pressing question. 💻 Watch part 5 of EY’s 2024 Global Insurance Outlook series here: https://ow.ly/CrQj30sFrtY Read about how these opportunities may unfold in the Canadian insurance industry in EY’s 2024 Canadian Insurance Outlook Report. https://ow.ly/o2f930sFpJl #EYCanada #BetterWorkingWorld

🔍 Understanding Insurance: Grace Period Explained In the world of insurance, the grace period is your safety net. It's the extra time your insurer gives you after your premium due date, ensuring your coverage stays intact. 📜 IRDA & Grace Period: Did you know? The IRDA doesn't set a fixed grace period. It's up to each insurer and policy type. Typically, it spans from 15 to 30 days, but it can vary. 🔑 Key Takeaways: 1. Check Your Policy : Every policy has its grace period stated. Find it in your contract. 2. Timely Payments : While you have the grace period, aim to pay on time to avoid penalties or lapses in coverage. 3. Avoid Lapses: A lapsed policy can complicate future coverage, leading to longer waits or higher costs. #InsuranceInsights #GracePeriods #InsuranceTips #FinancialWellness