In the wake of Labour's recent triumph in the UK General Election, UK industry experts are weighing in on the potential impacts this political shift may have on the insurance sector. Rory Yates, Global Head of Strategy at EIS Ltd, says: "Government collaboration with insurance is vital. Insurance has a profound impact on cost of living, concerns around risk, how well our business is enabled to grow, and so on. So why is it often left out of the big processes of change?" Also commenting are Julian Hucks of Starpeak Insurance Solutions and Beatriz Benito of GlobalData Plc and Jonathan Jackson, CEO at Previsico Read the full story here: 👉 https://lnkd.in/eUbjnXc5 #insurtechinsights #insurance #ukelection #geopolitics
Julian Hucks
1w
The election is over and the hard work begins. Pleased to have shared some thoughts relating to our industry.
Simon Hayes
1w
Excellent article Joanna England v interesting in these changing times! Previsico, as always, one step ahead…
𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 & 𝐂𝐚𝐬𝐮𝐚𝐥𝐭𝐲 (𝐏&𝐂) 𝐑𝐞/𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 | 𝐈𝐧𝐬𝐮𝐫𝐓𝐞𝐜𝐡 | 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 | 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 | 𝐂𝐥𝐢𝐞𝐧𝐭 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬 | 𝐀𝐜𝐜𝐨𝐮𝐧𝐭 𝐌𝐠𝐦𝐭.
1wThe Labour Party’s proposed scrutiny and changes to car insurance could impact pricing and coverage. They might be looking to introduce stringent regulations and reforms for protecting consumers, but it might increase the operational costs for insurers and as a result, premiums might also go up.