tag:blogger.com,1999:blog-5200381499956988455.post1271148588990882706..comments2009-05-04T19:07:36.942+01:00Comments on Mason Power - MAPO Online: Lloyd's, a 3 Year PlanMason Powerhttp://www.blogger.com/profile/07022141110865415016noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5200381499956988455.post-45976341949284585002007-12-20T19:15:00.000+00:002007-12-20T19:15:00.000+00:00Mr. Gargamel from Boston,It would seem from your c...Mr. Gargamel from Boston,<BR/><BR/>It would seem from your comments that you'd be educated enough to be able to find that Smurf village...<BR/><BR/>Your comments deserve to be addressed as they go to the core of an issue in the news today. After the Spitzer investigations in 2004 in the US, Advisen conducted extensive research into the feelings of the commercial insurance consumer about their brokers and whether the brokers had any conflicts of interest. <BR/><BR/>The FSA is investigating broker commission disclosure in the UK and I have been meaning to post about it.<BR/><BR/>You also point out that the name of this blog needs some improvement. My wife thinks it says "check me out, I just learned to get on the web". <BR/><BR/>MasonMason Powerhttps://www.blogger.com/profile/07022141110865415016noreply@blogger.comtag:blogger.com,1999:blog-5200381499956988455.post-24281719437058321332007-12-19T23:58:00.000+00:002007-12-19T23:58:00.000+00:00Interesting blog.It seems that the macrotrend- if ...Interesting blog.<BR/>It seems that the macrotrend- if not the imperative- in the insurance sector is towards consumer, rather than product centricity. Given that consumers (policyholders) will have greater access to products, and much more information to act with, it seems that intelligent advocacy will likely be the future of the insurance sector over the next 10 or 15 years. It also seems quite likely that traditional agency channels will almost certainly decline as a result.<BR/>As someone who has/is seeing this play out on both sides of the pond,how strongly is this perceived on Lime St. as opposed to US providers? If these trends are apparent to a layman like myself, why the resistance (or at least inertia) to IT innovation and services at the big UK insurers/reinsurers? Reading some of the UK sectoral blogs/newsletters (not yours!), it seems like as much weight is put on changing, even gaming, the regulatory framework a la Bermuda or the US as there is on actually providing a value added dimension to products or streamling direct transaction costs and information.<BR/><BR/>By the way, I think BRAU online (Blog for Reinsurance, Assurance, and Underwriting professionals) would have a catchier ring to it. It would certainly get more Google hits...Anonymousnoreply@blogger.com