Insights Blog

We have recently completed our second study into the Asia Pacific insurance market, with a particular focus on Singapore, Hong Kong, Malaysia and Australia.

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Last month I attended the Leadership, Innovation and Diversity Conference, an Insurance Industry Charitable Foundation UK event aimed at cultivating a culture of inclusion to drive future business results.

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Gracechurch is very proud to announce that our Head of Data Analytics, Alastair Bell, was on the team that won the ‘Most Innovative Solution’ to the Lloyd’s Datathon challenge last month, one of four prizes awarded on the day.

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The Gracechurch Broker Experience Report has revealed that when London commercial insurers move offices it has a significant positive impact on commercial performance.

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As we have come to expect, the Gracechurch London’s Leading Underwriters Report has been met with much hype but also some controversy. The question some have posed is whether it’s merely a popularity contest more to do with what some might call the “cult of the underwriter” than talent. But before slipping into assumption, a closer look at the data and what it reveals about the London Market is paramount.

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Director of Gracechurch, Penelope Mantzaris, offers her opinion on innovation and incremental change in the London market.

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Before Easter some of the Gracechurch team attended “Behavioural Economics in Advertising”, a WARC event hosted by Deloitte. Research Analyst Chantal d'Offay gives her take on the morning's presentations.

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Last month I attended another NGIN event, this time in partnership with Deloitte. The event presented an opportunity to reflect upon 2016 and look at predictions for the London Market going forward in 2017.

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Last month we attended the KPMG Future Leaders debate: ‘Innovation, Why Bother?’. This event aimed at providing insight to how different technologies are impacting insurance. Gracechurch Research Analyst Chantal d'Offay shares her views.

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At Gracechurch, the month of September is usually full of back-to-back client presentations and workshops, and this year is proving no different. As we pore over the results of our London Insurers Report with our clients, there is one particular query which we are being asked over and over again: as open market business shrinks, what matters, really, when it comes to pitching for facilities (in other words, is it just about price)? So, we surveyed over 400 London Market placing and producing brokers and asked those involved in facilities what matters.

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How many times have you heard the word innovation mentioned in a meeting recently? It certainly is the buzzword of the moment in the UK insurance world: the news is awash with articles, think pieces and blogs lamenting the lack of innovation in the industry, our clients working in London Market and UK regional insurance are placing it at the forefront of their agendas. Indeed we are currently working with Lloyds on the 2016 Lloyd’s Market Innovation Awards with submissions coming in thick and fast.

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