Commercial
New year, new shape of the City for insurers
As Lloyd’s stays put in Lime Street and Aviva kicks off 2024 in a new City HQ, Emma Ann Hughes examines how insurers are reshaping the square footage they occupy in the Square Mile.
Dilley departs Intact for Bridgehaven
Fronting insurer Bridgehaven has appointed Paul Dilley as its chief underwriting officer.
Growing cyber insurers look to ILS market for catastrophe loss protection
Issuance of cyber catastrophe bonds took off in Q4 of 2023, with four carriers securing more than $400m of coverage – more than five times what the capital markets had provided prior to the quarter.
Zurich ‘on the defence’ in shifting commercial lines market
Frank Streidl, UK head of commercial insurance at Zurich, has said the insurer has had to “go on the defence” as competitors look to reshape and retool their commercial lines businesses.
Diary of an Insurer: RSA’s Emsal Arslan
Emsal Arslan, wording technician at RSA, has an alarm clock with a waggy tail and shares her work to ensure policy wordings are clear and easily understandable.
Insurers at risk of £1.6bn bill following £386k QBE payout
A loss assessor has suggested an additional £1.6bn may be up for grabs for businesses that have received Covid-19-related business interruption payouts.
Q&A: Morgan Lyons, Zurich
Months into his new role as Zurich’s head of mid-market, Morgan Lyons sits down with Scott McGee to talk about challenges within the mid-corp market, improving broker service levels, and attracting and retaining talent.
Aviva’s Ridley on closing the cyber protection gap
View from the Top: Stephen Ridley, head of cyber at Aviva, argues that an underinsured market benefits no one.
R&Q co-founder Alan Quilter retires
R&Q has confirmed the retirement of co-founder Alan Quilter from the company’s board of directors and from the role of group head of program management.
Five biggest challenges facing insurers in 2024 revealed
To get you ready for the next 12 months, Insurance Post uncovers five things you need to know about what 2024 holds in store for the industry, according to insurance analysts.
60 Seconds With... Jackie Harvey, AmTrust
Jackie Harvey, senior after-the-event legal expenses underwriter at AmTrust, wants to walk on the moon, dance to T Rex and steal Sarah Connor from the Terminator franchise's style.
Aviva CEO Blanc awarded Damehood and ex-RSA boss Hester knighted in New Years Honours List
Amanda Blanc, the group chief executive officer of Aviva, has been awarded a Damehood in King Charles the Third’s second New Years Honours List.
Most-read insurance stories in 2023 revealed
Like Cher, Insurance Post is turning back time to remember the industry Consumer Duty’s efforts, business interruption cases continuing to rumble on, developments at Direct Line, RSA’s personal lines exit, plus the other major insurance events of the…
Q&A: Martin Parker, Markel
Martin Parker, head of construction at Markel, shares how the specialty provider will deliver specialist insurance that addresses the pain points faced by builders.
MGA Review of the Year 2023
With large insurers and mainstream players pulling out of certain lines in 2023, and products reverting to the core areas, MGA chiefs plan to continue to step up and fill that gap in 2024.
Insurers’ Review of the Year 2023
While 2023 will be remembered as a difficult year for insurers due to consolidation, capacity restrictions plus new regulatory rules, providers still have high hopes for 2024.
Marsh predicts cyber rates will fall in H1 2024
Marsh expects to see the price of cyber insurance decrease over the first half of next year, noting that its clients have already seen rate decreases in 2023.
Headlines that shook insurance in 2023
The news and views that shaped insurance in 2023, plus what can you expect from Insurance Post in 2024, are all revealed in our final video podcast of the year.
Allianz sees off university appeal over WW2 bomb damage
The University of Exeter has lost its appeal against Allianz’s application of a war exclusion to damage caused by a Second World War bomb that was detonated in 2021.
R&Q eyes growing legacy market as Onex sale vote approaches
R&Q has said it is in advanced talks for three deals that would boost its reserves under management by $100m.
Diary of an Insurer: iSure’s Avril Cox
Avril Cox, director at iSure Underwriting, takes care of her zoo, and encourages her team to get their qualifications and takes on a bit of home renovation.
What next for Primary Group in the UK after Policy Expert sale?
Content Director’s View: Jonathan Swift reflects on what the future might hold for the Primary Group in the UK after the sale of Policy Expert left it with only one significant investment in the local market.
What sent aviation claims costs soaring?
John Bayley, regional director for Europe at McLarens Aviation, examines how inflation plus new materials used to manufacture planes have resulted in the cost of aviation claims soaring.
State National eyes five programmes for first year in UK
Markel programme services subsidiary State National is aiming to have “four or five” programmes up and running by the end of its first year of trading in the UK, Markel International’s Simon Wilson has said.