Articles by Harry Curtis
Analysis: Tackling the Covid-19 business interruption surge
Insurers have paid out final settlements or interim payments on more than 20,000 business interruption claims related to the Supreme Court's January verdict, with Financial Conduct Authority figures and broker testimony suggesting that payout processing…
Headwind concerns drive European insurers to consider business sales
European insurers are increasingly look to divest parts of their business in the wake of the pandemic, a survey of chief financial officers conducted by rating agency Moody’s has found.
Hiscox BI claims process 'beginning to work' says Masojada as insurer plays catch up
Exclusive: Hiscox CEO Bronek Masojada spoke to Post about the insurer's business interruption claims handling, sharing details on its 200-strong claims surge team, why it was a 'bit slow in getting going', and shedding light on its collaboration with…
Lloyd's reinsures emergency central fund
Lloyd’s has taken out a five-year reinsurance policy against payments from its emergency central fund.
US DOJ sues to stop Aon/WTW merger
The US Department of Justice has filed a civil antitrust lawsuit to block Aon’s proposed $30bn acquisition of Willis Towers Watson, saying the merger threatens to eliminate competition, raise prices, and reduce innovation.
ABI and Flood Re call for greater flood defence maintenance spending
The Association of British Insurers and Flood Re have urged the government to increase spending on maintaining flood defences, claiming that river flood walls and embankments provide £568m worth of protection annually to at-risk communities.
Adaptability and development front of mind as firms look forward to hybrid working
Boardrooms will need to remain adaptable as firms move to new working models in the wake of lockdown restrictions lifting, according to panellists at the Post LIVE annual conference.
Intelligence: What will the reviews of Solvency II mean for the UK and beyond?
When the Solvency II regulation was conceived in 2001, the term Brexit didn’t even exist. Fast forward 20 years and as well as the UK’s exit from the European Union the general insurance market is facing a pandemic no one foresaw and persistently low…
Kessler 'can't hold shareholders hostage this time', says Ciam as it calls for Scor chairman's removal
Investment fund Ciam is encouraging shareholders of Scor to vote against the reelection of chairman and CEO Denis Kessler and two other directors to the reinsurer’s board.
Euler Hermes appoints Sarah Murrow as UK&I CEO
Euler Hermes has appointed Sarah Murrow as CEO of its UK and Ireland business, effective 1 June and subject to regulatory approval.
Zurich looks to behavioural specialists in fight against phishing
Anti-phishing training at Zurich can be tailored to an individual level by behavioural experts seeking to understand what makes particular people click on certain malicious links and attachments, the group’s global chief information security officer said…
FCA price walking ban to go live in January
The Financial Conduct Authority has confirmed that its ban on price walking, intended to eliminate the so-called ‘loyalty penalty’, will come into effect on 1 January 2022.
Seventh annual Dive In festival to call out performative allyship
The insurance industry’s annual diversity and inclusion festival, Dive In, will be held in September and will combine virtual and physical events, it has been confirmed.
Aviva faces leaseholder ire over mounting fire safety concerns
Aviva has drawn anger from leaseholders in residential properties owned by an investment fund over the management of fire safety issues.
Q&A: Stephen Smout, McLarens
Stephen Smout, head of McLarens’ UK and Ireland agriculture practice, discusses the regulatory and technological factors that have brought British farming to a crossroads, and the role the insurance sector could play supporting farmers going forwards.
DLG in executive committee reshuffle
Direct Line Group will replace the chief operating officer position on its executive committee with two new roles.
MGA market trends to drive years of growth for independent program managers, says R&Q's Spiegel
Randall & Quilter expects its program management business to benefit from secular trends in the managing general agent market for at least the next five years, following a bumper growth year in 2020.
Post LIVE Tech: External technology providers are here to stay
External technology solution providers are here to stay as insurers ramp up their digitisation agendas, representatives of two leading carriers said on Thursday.
Huw Evans to step down as ABI director general
Association of British Insurers director general Huw Evans will step down from the trade association at the end of this year to join KPMG.
Analysis: The insurance domino that toppled Greensill
The founder of Greensill Capital pinned the blame for the finance firm's collapse on its insurers when addressing politicians last week.
Climate stress tests not a 'capital generation exercise': BoE's Claus
The Bank of England’s forthcoming climate stress tests of the UK financial services sector have been designed to provide a view of “the size of the adjustment that is needed”, regulators told an industry summit on Thursday.
Cyber threat to insurers on the rise as criminals target data treasure trove
The threat of cyber-attacks on insurers is on the rise as criminals pivot to less opportunistic tactics to gain access to data, according to cybersecurity experts.
Nuventure to launch personal and commercial lines MGAs within next month
Managing general agent platform Nuventure will launch two MGAs within the next month and aims to develop propositions for the UK terrorism, UK SME directors’ and officers’, and agriculture markets, CEO Andy Colbran has told Post.
High Court expedites trial in legal dispute between Mulsanne and Marshmallow
The legal dispute between Mulsanne and Marshmallow will be heard by the High Court before the end of the year, following a court order to expedite the proceedings.