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IUA starts hunt for chair as Patrick Tiernan swaps Aviva for Lloyd’s
The process for appointing a new chair of the International Underwriting Association has begun, Post can reveal.
FCA will use ‘full range’ of regulatory tools and powers to ensure insurers meet expectations after BI ruling
The Financial Conduct Authority has set out the next steps it expects insurers to take after the Supreme Court judgment on the Covid-19 business interruption claims test case last Friday.
Software house witnesses fortyfold increase in BI claims
There was a fortyfold increase in business interruption claims put through software house Acturis in the week of the Supreme Court Covid-19 business interruption judgment, Post can reveal.
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Analysis
Briefing: BI ruling a self-made catastrophe for insurers
Insurers have been found hugely wanting by a business interruption judgment that is a victory for common sense. But the struggle is not over yet, for them or their customers.
Analysis
Analysis: The class of 2020 emerges
The emergence of a cluster of start up and scale up carriers, or a class of 2020, caught analysts by surprise despite the hardening market.
Latest events
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claims management companies
We’ve published a consultation on proposals to restrict excessive charging by claims management companies, which could save consumers an estimated £9.6m.
— Financial Conduct Authority (@TheFCA) January 21, 2021
Read and respond by 21 April 2021 https://t.co/VpFq1UwRax pic.twitter.com/zsx1eAYd6c
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- Policyholders must be helped to understand gaps in cover says CII panel
- FCA proposes to cap CMC fees saving consumers £9.6m a year
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- Briefing: BI ruling a self-made catastrophe for insurers
- Software house witnesses fortyfold increase in BI claims
Special Projects
The Top 100 UK Insurers 2020
A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
Claims Apprentice 2020
Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
The Top 100 Insurtech firms 2020
Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
Insurance Covid Cast Podcast series
A series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown looking at the major topics of the day
People & Comment
Blog: Whiplash portal may never live up to expectations but still time to prevent government IT disaster
My Other Life: Dean Fathers, army reservist
Q&A: Jennette Newman, Forum of Insurance Lawyers
Be Wiser’s David Russell on the FCA’s pricing review
Rising Star: Holly Carriban, Morrison Insurance Solutions
Blog: Should we return to a standard BI policy wording?
Q&A: Wendy Wilder and Suzanne Scatliffe, Insurance Industry Charitable Foundation
QBE’s Jon Dye on managing emerging risks in 2021