Commercial
Aon warns AI failures could expose insurers to systemic losses
Growing reliance on artificial intelligence could expose insurers to a new generation of systemic risks, with failures at major technology providers potentially affecting multiple businesses and insurance products, Aon warned.
Throwback Thursday: Shock Axa merger
Insurance Post’s Throwback Thursday steps back in time to November 1996 to remind you what was going on this week in insurance history when Axa merged with a rival to become the world’s second largest insurer.
Ann Owen replaces Martin as Aviva Commercial MD
Aviva has appointed Ann Owen as managing director of UK Commercial, following the departure of Dave Martin to PIB.
Bishop Street reveals ambition to ‘grow aggressively’ after restructure
Bishop Street Underwriters is looking to “grow aggressively” after it established a new UK group structure bringing together its portfolio of UK specialty insurance businesses under a single management framework.
Goods in transit: from crowbar to computer
As cargo theft evolves from physical raids to digitally enabled fraud, David Worsfold examines how insurers face a rapidly changing risk landscape shaped by technology, climate change, geopolitics and mounting pressure on rates.
FCA’s cyber warning is the end of quote and hope
Frontier artificial intelligence is forcing insurers to rethink cyber risk as a continuous process of monitoring, prevention and resilience, rather than an annual exercise, according to Claud Bilbao, vice-president of underwriting and distribution at…
Are modern methods of construction changing insurance?
How modern methods of construction are challenging insurers is explored in the latest Insurance Post Podcast.
Samsung Fire & Marine Insurance to acquire outstanding stake in Canopius
Samsung Fire and Marine Insurance has entered into an agreement to acquire the remaining 60% stake in Canopius, alongside funds managed by global investment firm KKR, and Korea Investment Corporation.
How AI is testing insurance cover and claims handling
Trade Voice: Chris Jones, chief executive of the International Underwriting Association, examines how artificial intelligence is exposing gaps in existing policies, reshaping claims handling and challenging insurers to rethink risk management and…
Aon and Blackstone launch Lloyd’s syndicate Cortina
Aon has announced the launch of Cortina syndicate 1956, backed by funds managed by Blackstone.
Risk managers adapt insurance strategies as pressures mount
Insurance managers are changing how they buy and manage cover as challenging market conditions combine with an increasingly complex and fast-moving risk landscape, according to the latest Federation of European Risk Management Associations' research.
Diary of an Insurer: Aviva’s Lucy Casswell
From improving fleet safety to spotting claims trends, Lucy Casswell, senior client relationship manager at Aviva, is focused on helping clients solve problems while also enjoying the endless energy of her children and cockapoo.
AM Best identifies three forces shaping insurance in 2027
Cyber-attacks similar to the recent incidents affecting European supermarkets could shape insurers’ fortunes in the year ahead, according to Greg Carter, managing director of analytics for EMEA and Asia Pacific at AM Best.
Lloyd's Turk fears insurers are sleepwalking into irrelevance
Rachel Turk, chief of performance and strategy at Lloyd’s, has warned the insurance sector risks losing relevance if it fails to meet clients’ changing demands.
Allianz Commercial launches underwriting syndicate at Lloyd’s
Allianz Commercial has today (5 November) announced plans to establish a new direct underwriting syndicate at Lloyd’s.
Q&A: Katie Murrell, Miller
Katie Murrell, director of sport, entertainment, corporate, accident and health at Miller, outlines her plans to grow the specialist broker’s business and help event organisers navigate rising cyber, cancellation and climate-related risks.
Sheila Cameron to step down as LMA CEO
The Lloyd’s Market Association has today (4 November) announced that Sheila Cameron will step down from her position as CEO early next year.
Designing the insurance policy of the future
As AI reshapes commercial insurance, industry experts discuss the role of human judgement, technology and governance in enabling effective underwriting, product development and decision-making.
Can insurers square AI data centres with ESG targets?
Séamus O’Hanlon explores how insurers are reconciling providing cover for the building of artificial intelligence data centres with their own ESG targets.
Is heritage building insurance ready for the future?
As climate risks increase, severe weather events become more frequent and restoration techniques and building materials become increasingly specialised, insurers face growing challenges in protecting the UK’s heritage properties.
Big Interview: Sonya Bryson, Simplyhealth
Sonya Bryson, managing director of Simplyhealth, reflects on a career in commercial lines and reveals how she intends to convince employers and brokers that health plans offer far more than a table of benefits.