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Morrisons’ pet insurance; Clear Group’s launch; Gauntlet’s MD
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Willis warns 7 in 10 businesses are underinsured
James Adams, head of valuation services at Willis, has warned businesses are increasingly at risk of being caught out by average clauses because outdated property valuations are failing to reflect rising rebuild costs.
Chubb leads consortium for Hormuz shipping cover
Chubb has launched a Lloyd’s market consortium to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz.
What practical AI adoption looks like for insurers
The potential of AI is different for every insurance business, but there are practical steps firms can take to unlock that value.
Instant claims: making straight-through processing a reality
The shift to instant claims is transforming insurance payments. But technological, regulatory and cultural hurdles stand in the way.
Penny Black’s Social Diary: CII lounge with a legacy
Penny Black has been out and about again, notebook in one hand and canapé in the other, keeping a keen eye on the insurance industry’s more whimsical moments.
AI could kill the insurance renewal habit
Editor’s View: With more than 70% of consumers expecting artificial intelligence to influence their insurance purchases within the next year, Emma Ann Hughes predicts renewals face their biggest disruption right now since the demise of the Yellow Pages.
Aviva confirms Probitas rebrand
Aviva has confirmed it will rebrand Probitas 1492 to Aviva Syndicates.
US-Iran deal reopens Strait but shipping risks remain
Marine insurers have welcomed the reopening of the Strait of Hormuz under the US-Iran peace deal signed today (18 June), but warned significant operational, security and regulatory challenges remain.
ThingCo co-founder re-emerges at Lloyd’s Lab insurtech
ThingCo co-founder Jonathon Valentine left the telematics provider in March and has now been appointed as the new group chief technology officer for the insurtech SAMP Risk.
GDPR ‘no excuse’ for supporting vulnerable customers
The Chartered Insurance Institute has told insurers not to use General Data Protection Regulation “as an excuse” to avoid supporting vulnerable customers.
Peers told FCA is not up to standard
The Financial Conduct Authority is falling short of the standard needed to effectively enforce Consumer Duty, consumer advocates told peers yesterday (17 June).
Why the industry’s talent should match its relevance
View from the Top: Vicky Carter, chairman, international capital solutions at Guy Carpenter, argues that insurance has never been more relevant, and its talent should match it.
Q&A: Gary Williamson, Gazelle Risk Solutions
Gary Williamson, managing director of commercial lines broker Gazelle Risk Solutions, speaks to Insurance Post about the company’s growth plans.
Throwback Thursday: Trade union days
Insurance Post’s Throwback Thursday steps back in time to June 1971 to remind you what was going on this week in insurance history when the Guild of Insurance Officials reflected on its history as the sector’s trade union.
Ageas motor head unconvinced telematics improves behaviour
Senior motor underwriting bosses disagreed about the amount of impact telematics has on driver behaviour at Insurance Post’s Underwriting Club.
Iran war puts energy security at top of priority lists
Axa XL’s CEO of UK and Lloyd’s Sean McGovern said the ongoing war in Iran has put a firm spotlight on energy security for businesses across the globe.
LMG’s Wagstaff hopes for ‘vanilla’ start to UK captive regime
Caroline Wagstaff, CEO of the London Market Group, hopes the UK has a “vanilla” start to its captive journey.
Claims and Fraud Awards 2026 shortlist revealed
Today we can reveal the shortlist for the 2026 Insurance Post Claims and Fraud Awards.
Markerstudy motor boss warns on ‘essentials’ product over-saturation
The essentials market on price comparison websites has become over-saturated, creating a need for greater guidance as to what should or should not be included in these stripped down policies.
AI ends human-scale cybersecurity as threat windows collapse
Artificial intelligence-driven vulnerability discovery must force insurers and organisations to prioritise resilience over prevention in an environment where breaches are inevitable, according to Judson Dressler, head of the risk operations centre at Resilience.
Insurance challenge of travelling for treatment
The growing trend of medical and cosmetic tourism, and the challenge it presents for travel insurers, is the focus of the latest Insurance Post Podcast.
Travel insurers chart a course through Hormuz disruption
As the US and Israel's war with Iran plus the closure of the Strait of Hormuz enters its fourth month, Scott McGee looks at what impact it has had, if any, on the UK travel insurance market to-date.
Swiss Re chief stresses resilience and strong foundations
Swiss Re group chief executive officer Andreas Berger has encouraged insurers to strengthen their foundations in order to help customers navigate growing geopolitical and economic uncertainty.
Like the World Cup, PRA says captives are ‘coming home’
As England fans look forward to the kick-off of the World Cup campaign, the Prudential Regulation Authority has stated its own ambition to bring captives home.
Zurich’s Seach urges industry to tackle AI risk blindspots
As businesses face volatility from artificial intelligence and cyber security, Penny Seach, group chief underwriting officer at Zurich, kicked off the Airmic Conference by telling insurers to identify and overcome “blindspots” to evolving threats.