Industry experts shared concerns that the Financial Ombudsman Service's award limits are “very high” and could push small firms out of business.
The collapse of Silicon Valley Bank and a rescue deal from HSBC has raised questions about the future of the UK tech space and startups’ access to funding.
The UK insurtech sector has praised HSBC’s acquisition of the UK arm of Silicon Valley Bank, following its collapse on 10 March.
Consilium recently brought in Paul Richards to lead the business as co-CEO alongside James Baird, who was appointed CEO in November. Insurance Post asks them how the two-CEO structure works, and how being colleagues for 23 years helped shape the decision.
Percayso Inform is looking for further acquisition opportunities following its purchase of Cazana last week, managing director Rich Tomlinson has told Post.
Gain, the Group for Autism, Insurance, Investment and Neurodiversity says neurodivergent people are facing “disparity” in the workplace, and will end up falling through the cracks like other groups in the industry.
Pavel Gertsberg, CEO of Fluffy, has revealed how he intends to make pet insurance pricing more transparent and affordable in a bid to bridge the 40% to 60% protection gap that currently exists in the market.
Aviva changing approach for customers with mental health conditions after ‘asking too many questions’
Aviva has acknowledged it has asked “too many questions” to people who reveal mental health conditions, and that it needs to do more to support these customers.
Consilium's co-CEOs James Baird and Paul Richards say the focus for 2023 is growing speciality areas, and to deliver £1bn in gross written premium by 2026.
Vicky Wallis, chief people officer at Direct Line Group, expressed concerns that if the “culture is not right” for women in the industry, they can’t have open conversations about the menopause.
Nigel Lombard, Peppercorn founder and chief executive, believes insurers are trapped with processes that were designed very much on the provider’s agenda, rather than on the customer’s.
Insurer employees believing the only way to get more money to cover the cost-of-living crisis was to move jobs resulted in an unprecedented number of job vacancies in 2022, according to labour market analysis.
Analysis: Frances Stebbing explores the impact of the European Union’s gender-neutral pricing rules on how motor insurance is underwritten and priced today.
American International Group has made senior leadership changes after it found its chief financial officer, Mark Lyons, had breached confidentiality obligations.
Data analysis: Following the Financial Conduct Authority’s report on diversity and inclusion strategies in financial services firms in December, Insurance Post surveys attitudes towards D&I strategy among major insurers.
The British Insurance Brokers’ Association has laid out increasing take-up of cyber insurance and reducing the cost regulation as top priorities for 2023.
Women from a lower socio-economic and ethnic minority background face the longest, hardest climb to the top of the insurance industry, a KPMG report has revealed.
Clyde & Co has expanded its product liability team expansion and plans for global growth in 2023.
UK-based insurtech Superscript has insisted its recent £45m fundraising shows there is still appetite to fund tech-led disruptors with "good business models".
Armd, one of Insurance Post’s insurtech start-ups to watch in 2022, has recently graduated from the Lloyd’s Lab and used the experience to build a product designed to support the trades industry.