Articles by Harry Whitworth
Q&A: Tom Clementi, Pool Re
Tom Clementi, CEO of Pool Re, updates Insurance Post on plans for the terrorism reinsurer to switch to a treaty model, and explains recent developments in the UK's domestic terror landscape.
Progress on gender pay equality slows to a halt
Data analysis: Insurance Post investigates current data on representation, remuneration and recognition of women in the insurance sector.
Pool Re CEO warns terrorism threat is ‘evolving’ due to the cost-of-living crisis
The cost-of-living crisis has affected SMEs’ ability to afford some types of non-essential insurance products, such as terrorism cover, according to Tom Clementi, CEO of Pool Re.
Ombudsman sees an uptick in travel and commercial property complaints
Data analysis: Financial Ombudsman Service data shows that travel insurance complaints are increasing as people head off abroad on their holidays once again following the Covid-19 pandemic.
How inflation is widening the underinsurance gap
Data analysis: Insurance Post investigates the widening gap between cover and risk in home and commercial property insurance, revealing how the conflation of property value with the rebuild price may be driving this trend.
Scale of underinsurance in cyber uncovered
Data analysis: Insurance Post investigates whether fewer incidents of data breaches are linked to the rise of cyber insurance and if policyholders have adequate cover for their needs.
Scale of insurers struggling to fill vacancies revealed
Data analysis: Insurance Post examines the recruitment struggles of different parts of the insurance industry and explores what types of firms have been hardest hit by the Great Resignation.
Insurer's diversity data collection called into question
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.
How inflation wiped out the benefits of the dual pricing ban
Data analysis: Dual pricing reforms successfully tackled price walking in motor and home policy renewals last year but Harry Whitworth reveals how double digit inflation threatens to nullify this benefit for customers in the next 12 months.
Why climate change is the biggest risk facing businesses
Data analysis: Insurance Post examines data to identify the top commercial insurance risks for the next 12 months and beyond, based on the insight of risk management experts, and examines how insurers are adapting policies and approaches to protect…
Clyde & Co takes 19-strong team from DWF
Clyde & Co has appointed DWF's Charlotte Kelly and Peter Barnes as partners, along with 17 others to expand its product liability team.
FOS car valuation complaints have spiked since 2018
Complaints to the Financial Ombudsman Service regarding the valuation of cars during the claims process rose by 45% from 2018 to 2020, according to a Freedom of Information request made by Insurance Post.
Consumers oblivious to IPT, survey reveals
A Consumer Intelligence survey commissioned by Insurance Post has shown that insurance premium tax is both poorly understood and unpopular, with only 30% of adults aware of its existence and 71% against the burden of the tax being passed on to consumers.
Complaints about insurer conduct and BI drop to pre-pandemic levels
Complaints about insurer conduct and business interruption have dropped almost to pre-pandemic levels while calls for compensation relating to travel and roadside assistance cover are both at a three-year high, according to the latest Financial Ombudsman…
FOI reveals backlog of FCA whistleblower cases dating back to 2016
A Freedom of Information request to the Financial Conduct Authority has revealed that there are still 1578 whistleblowing cases that remain underassessment, with one still open from 2016.
FCA data reveals insurers lagging behind on claims acceptance rates
Data Analysis: Financial Conduct Authority data on product value has shown several insurers are lagging behind on claims acceptance rates and complaint levels.
Regulator raises concerns over Copart's purchase of Hills Motor
The Competition and Markets Authority has ruled that the purchase could cause a ‘significant lessening of competition’ in the UK salvage market.
Rising interest rates 'a boost to solvency' despite equity losses
Rate hikes from the Bank of England will strengthen P&C insurers' solvency ratios, but cause unrealised losses for shareholders, according to analysis from Moody's.
Data Analysis: Top Lloyd's syndicates bounce back from £671m 2020 loss
Lloyd's 20 largest syndicates have seemingly bounced back from the pandemic after reporting a combined £1.61bn profit for 2021, a £2.28b gain on 2020 losses.
Insurers scramble to secure Musk's Twitter 'validation'
Leading UK insurers are paying the contentious monthly premium for 'blue check' verification after Elon Musk's Twitter takeover - a privilege that was previously free of charge.
Data analysis: PI market continues to contract following whiplash reforms
Personal injury law firms are exiting the market at an alarming rate following whiplash reforms.
Analysis: Top insurtechs report combined £100m in losses and £200m in debt
Firms across the insurtech sector continue to report large losses and debts, from SMEs and micro-companies to the UK's two insurtech unicorns.
CII appoints chief digital and information officer following data breach
Mathew Mallett has been named chief digital and information officer at the Chartered Insurance Institute.
Data Analysis: Business Interruption payment tracker - Autumn update
Six months on from its previous update, the Financial Conduct Authority continues to monitor the fulfilment of Covid-related business interruption claims. Post analysis of this data shows which insurers are lagging behind on their commitments.