Articles by Scott McGee
Insurers slammed for ‘abandoning net zero targets’ to back Nordic gas and oil exploration
Greenpeace says insurers are prioritising “dirty profits” over the future of the planet as it names 69 insurers involved with a gas and oil exploration project in Norway.
Renters Bill gives bad tenants more power to play system
Richard Finan, director of strategic development for legal expenses and rent guarantee insurer Arc Legal Group, struggled to see many positives when it came to the newly published Renters (Reform) Bill.
Is it time to start lobbying the government to help insure SMEs?
News editor's view: Despite business insolvencies increasing year-on-year, SMEs are still not taking out insurance and, when they do, they often remain underinsured. Is it time for the government to step in?
Aviva looks to build new product lines
David Martin, managing director of UK GI distribution & SME at Aviva, revealed that the insurer is considering its fund allocation with the intention of building out new products.
Ardonagh’s Joe Conway on playing the M&A long game
Joe Conway, head of M&A for Ardonagh Advisory, believes that building trust is the key, and that part of this can mean turning away a potential acquisition and introducing them to another buyer if this is the right thing to do for the broker.
Liiba members relying on ‘flimsy model’ to operate in EU, says CEO
Chris Croft, CEO of the London and International Insurance Brokers Association, has said the model in which members operate in the EU is “very open to interpretation”.
Zurich challenges itself to halve HNW quote times
As Zurich looks to invest further in the high net worth space, head of personal lines and specialties Phil Ost wants to challenge his HNW team to respond to brokers’ quotes within 24 hours
Briefing: Why the potential Markerstudy/Ardonagh Retail merger makes sense
As reports surface on what some have called “the worst kept secret at Biba”, why does the potential merger between Ardonagh Retail and Markerstudy make sense?
Reinventing recruitment and onboarding in insurance
Analysis: Following ‘the great resignation’, news editor Scott McGee examines how insurance companies are replacing lost talent and coping with increased wage demands.
Biba updates on manifesto ahead of conference
British Insurance Brokers’ Association chief executive Steve White said the trade body's members “know there's an ESG train coming down the line” and that “everybody will need to get on board at some time”.
Big Interview: Movo’s Lea Cheesbrough
Movo managing director Lea Cheesbrough speaks to Scott McGee about plans for its own MGA and partnership moving forward, and how a series of chance encounters took her to where she is today.
In conversation: Biba’s White and Trudgill on broker leasehold commissions
After Levelling Up Secretary Michael Gove said he was “outraged” at the findings of an FCA report into broker remuneration surrounding leaseholders in multi-occupancy buildings, British Insurance Brokers' Association chief executive Steve White and…
Sky UK enters insurance with smart tech home launch
Sky UK has launched itself into UK insurance by announcing the creation of Sky Protect, a home insurance product incorporating smart tech.
Big Interview: Flock CEO Ed Leon Klinger
Flock CEO Ed Leon Klinger talks to news editor Scott McGee about the state of insurtech funding, Flock’s move from drone insurance to commercial motor, and how it will use an extra $38m in Series B funding.
Insurance Institute of Northern Ireland fails in no confidence vote against CII
The Insurance Institute of Northern Ireland held a vote of no confidence against the Chartered Insurance Institute at its Annual General Meeting on Tuesday morning, Insurance Post can reveal.
Gove ‘outraged’ by broker leasehold commissions
In a letter to Financial Conduct Authority CEO Nikhil Rathi, the Secretary of State for Levelling Up, Housing and Communities, Michael Gove, said he is “outraged” by the findings of the FCA report into broker remuneration.
FCA tells brokers to stop paying third parties without justification
The Financial Conduct Authority expects brokers of multi-occupancy buildings to “immediately stop paying commissions to third parties where they do not have appropriate justification and evidence for doing so”.
Could the PRA soon be knocking on personal lines insurers’ doors?
Editor’s View: 2022 was tough for personal lines, but if you are an insurer who had a particularly difficult year, the Prudential Regulatory Authority could soon be knocking on your door.
What is behind Ardonagh’s international shift?
Five years after Ardonagh was formed, news editor Scott McGee explores what the next five years could hold for a broking group that has more than tripled its income.
Covéa puts jobs at risk with company restructure
After reporting a loss of £145m for 2022, Covéa Insurance UK is currently undergoing a company restructure, entering a consultation process with employees, Insurance Post can reveal.
Q&A: Ardonagh UK Commercial MGA's chief executive Jaime Swindle
Jaime Swindle, chief executive of Ardonagh's UK Commercial MGA, catches up with Insurance Post to talk about moving from an insurer-owned company to a broker-owned business, and whether an organisation can be too acquisitive.
Lockton suffers exodus as ‘at least ten’ leave for Ardonagh
Insurance Post understands a substantial number of Lockton’s Global Financial Institutions team have all resigned to join Ardonagh’s Bishopsgate.
A smooth exit strategy is essential should things go south, says PRA
Shoib Khan, director of insurance supervision at the Prudential Regulatory Authority, warned that businesses and senior management must be ready to pull the plug on writing new business before things get too messy should market conditions become too…
Who is responsible for ending the insurance poverty premium?
Analysis: Social Market Foundation research shows insurance is increasingly unaffordable for those on low incomes; news editor Scott McGee examines who is responsible for preventing a “poverty premium” being charged.