The Financial Conduct Authority has urged Lloyd’s and London market insurers to do more foster more inclusive working environments in order to better serve customers.
Being able to continue employee ownership was the top priority in the search for a buyer for Aston Lark, CEO Peter Blanc has told Post.
Howden has agreed to buy Aston Lark from Goldman Sachs Asset Management and Bowmark Capital, subject to regulatory approval.
Rising rates and an influx of business previously written at Lloyd’s mean the London company market’s premium income has never been higher, even as it continues to bleed European premium in the wake of Brexit.
Underwriters of directors and officers’ insurance are weighing the impact climate-related obligations and commitments will have on claims, as business leaders face overseeing a growing raft of disclosures.
As climate change takes hold, the risks faced by commercial properties may be exacerbated not only by more severe weather, but also by measures taken to transition to a greener energy production, insurers said at this week’s Airmic conference.
Interest in cyber insurance among large businesses continues to grow, but cover may prove more difficult to come by as insurers limit capacity and reinsurers put their foot down.
Airmic CEO Julia Graham has called on risk and insurance managers to pledge to tackle the risks associated with climate change.
Senior insurance industry figures were drawn into a frank discussion of how the sector could better work with clients on Wednesday, after a pointed question from a risk manager following a panel discussion at the Airmic conference in Brighton.
General insurers are lagging behind reinsurers and investment managers in their preparation for operational resilience rules that come into force in March 2022, according to research by Oric International and Sicsic Advisory.
Insurance industry trade bodies are working to agree templates for information sharing between firms to enable them to more easily come into line with the Financial Conduct Authority’s enhanced product governance rules.
The cancellation of Aon and Willis Towers Watson's mega merger poses a talent challenge for the world's third largest broker.
Companies must act to ensure sweeping generational stereotypes are not unconsciously acted upon in the workplace, Willis Towers Watson’s UK chief operating officer Kate Roy has said.
Insurance companies are among a group of more than 80 UK businesses that have urged Prime Minister Boris Johnson to show “strong leadership” to ensure the upcoming COP26 climate summit is a success.
An organisation championing autistic people and other neurodiverse people within the insurance sector is appealing for financial backing from the industry.
Julian Radcliffe, founder and chairman of the Art Loss Register, explains how the Watch Register – the ALR's dedicated service for the watch trade – is working with insurers and law enforcement to find stolen watches and catch thieves and fraudsters.
Time is running out for Lloyd’s syndicates that have been unable to profitably remediate their books of business, market executives signalled on Thursday as they reported £1.4bn in profits for the first half of the year.
Avantia has secured further investment from private equity backers ECI, which it will use to expand the capabilities and applications of its machine learning technology and boost the profile of its Homeprotect brand.
Insurers could still face claims for damages relating to the late payment of Covid-19 business interruption claims under an as yet untested part of the law, according to lawyers.