Post - Post May 2016
Articles in this issue
Research: State of the Young Insurer Nation Part 1: Joining the industry
For Post’s first research project of 2016, Michèle Bacchus asks more than 50 young insurer employees why they joined the sector, where they think the industry is heading and whether they want to be a part of its future.
Europe: Market realities could trump cross-border aims
Although the European Commission is considering moving cross-border barriers for insurance sales, detractors are making their voices heard.
Broker investments: What makes the sector so appealing to private equity?
There have been a string of investments in the insurance broking sector over recent years – from refinancing to MBOs. Just what is it about the market that makes it so attractive to private equity?
C-Suite Insurer: Covéa's Adrian Furness - Standing up for customers
I’m concerned that as the debate about the latest whiplash reforms gets louder (I’m being polite), the most important person in the process is being forgotten - the customer
C-Suite Broker: JLT's Paul Knowles - Changing terrorism trends demand new insurance solutions
As we saw with the recent tragic events in Brussels and Lahore, as well as events preceding that elsewhere in Europe and the Middle East, terrorism is an evolving risk that presents significant challenges to our clients and the insurance industry
Expertise from A-Z - Personal injury reform: Shaking up the compensation culture
Three years after reforms, the underlying problems with the compensation system are still prevalent. What can be done to provide tangible change?
Legal: Wearable technology – employers beware?
Developments in safety-related wearable technology in the workplace bring both benefits and risks.
C-Suite Insurer: Axa's Jon Walker on the elephant in the room – the broker-insurer relationship
Culturally, the industry has come a long way in the past few years.
C-Suite Broker: Jelf's Phil Barton on the prospects for networks
Some industry commentators are predicting the death of the network - others see them only growing in stature. Why is opinion so divided?
People: My other life: Martyn Holman, Markerstudy Group - Racehorse owner
When he’s not group commercial director, Martyn Holman spends his time trackside
Motor: Manufacturers and insurers – joining up the data
With a raft of new technology being installed in motor vehicles, the debate has started over who owns the data it produces – insurers or manufacturers?
In Depth: Haulage - a market in flux
The haulage industry poses many challenges to insurers, including a high volume of claims and a competitive rating environment.
Research: State of the Young Insurer Nation Part 2: Life inside insurance
In the second section of the research, Michèle Bacchus asks more than 50 young insurer employees about their lives in the insurance industry itself.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.
Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
In Depth: Insurer messages get ‘lost’ as brokers lament lack of face-to-face contact
Gaps in insurer regional offices and head count reduction are affecting services, claim brokers.
In Depth: Social media investigations the first line of defence in fighting fraud
Information gleaned from open public sources is admissible in court.
Research: State of the Young Insurer Nation Part 3: Relationships
In the third section of the research, Michèle Bacchus asks 52 young insurer employees about the relationships the insurance industry has with the government and the general public.
Video: Expertise from A-Z with Sarah Mallaby
As regulation of claims management companies is relinquished by Government and handed to the Financial Conduct Authority, what lies ahead for insurance companies?
Career File: Tracey McDermott and Sam Woods
McDermott to step down as interim FCA boss, as PRA appoints Woods as CEO
People: Rising Star - Florence Dennis, Arthur J Gallagher
Financial lines account manager Florence is making her mark at the broker.
Interview: David Ross, Towergate
Towergate CEO David Ross talks to Stephanie Denton about how he intends to make his employer the broker rivals love to hate again.
Career Development: Allianz praises broker scholarship graduates
Allianz Commercial held a graduation event at the Andaz hotel in London to celebrate the 13 scholars who successfully graduated from the Allianz Partner Academy Scholarship programme.
Editor's comment: Time for change
Former Prime Minister Harold Wilson warned: “He who rejects change is the architect of decay.” And 2016 will go down in the annals of insurance history as a year of change.
#postpeople 25 - 29 April 2016
All the latest insurance industry market moves between 25 and 29 April 2016.
Research – InsuraInsight: Thinking small
SMEs are often described as the life blood of the UK economy. But what do these business owners and their insurance providers really think about the products and services they receive and offer? And how do both think these could be improved?
Research: State of the Young Insurer Nation Part 4: Tomorrow's World
In the fourth and final section of this research project, Michèle Bacchus asks young insurer employees how they see the future of insurance and what they feel they can learn from the older generation.
Penny Black's Social World - May 2016
All the latest news from the world of social media
Customers only reading 15% of their insurance documents, research finds
A typical insurance product comes with more words of explanation than Shakespeare’s Romeo and Juliet, and is written in a language only a PhD student can easily understand, research has revealed.