Blog Post
Blog: Future-proofing the broker model
The insurance market seems stuck on the idea that digitisation and a move to app-based insurance products, will negatively impact brokers. Inzura CEO Richard Jelbert explains why they should be seen as an opportunity instead.
Blog: Model risk management in insurance - what does the future hold?
Risk management within the insurance industry has drastically changed within the last 10 years and, according to Henry Umney, CEO of Cluster Seven, this is mainly due to regulatory responses to the 2007 financial crisis.
Blog: A demanding future – future trends that will define insurance in 2020
The insurance industry stands on the precipice of profound change – technology-driven disruption, changing customer expectations and the arrival of new competitors are shifting the industry’s challenges according to David Rush, Europe, Middle East and…
Blog: Machinery breakdowns - what are the risks to businesses?
Although cyber takes the headlines, machinery breakdown can be equally damaging to businesses, according to Owen Lewis, group manager for account engineering at FM Global's London operations, with a recent analysis of the company's client losses…
Driving Out Distraction: The impact of mental state on driving
There can be many distractions when driving a car but Jo McGowan, human resources director at First Central Insurance & Technology Group, asks what happens when these are inside your own head?
Blog: Indemnities in real estate - where do the opportunities lie for brokers?
For many years, indemnities have aided real estate development projects and transactions writes Michael Grimwood, business development manager at CLS Risk Solutions. It has traditionally been placed within the London market due to the complex nature of…
The NED Blog: Regulation and the regulators
The regulatory agenda is always something of a concern to the independent non-executive director in the insurance market and keeping a close eye on the 2019 and 2020 plans from both the Financial Conduct Authority and Prudential Regulatory Authority is…
Blog: Flood-damaged cars - are insurers missing a trick?
Earlier this year parts of the UK were under water and serious flood warnings are becoming more commonplace, writes Jane Pocock, managing director, Copart UK.
Blog: The unrated conundrum - cover at all costs, but who pays the price?
There is a growing list of failed unrated insurers that continue to hit the headlines. Dean Bedford, underwriting director at CLS Risk Solutions, asks what is the answer to the unrated conundrum? Is unrated always bad, who is responsible and who pays the…
Blog: What does Admiral’s move to consolidate its aggregator businesses as Penguin Portals say about the state of price comparison in 2019?
A week after Go Compare's parent re-financed, Admiral has consolidated its global aggregation businesses as Penguin Portals 'to realise its global growth ambition'. Post content director Jonathan Swift ponders if this signals a first step toward…
Blog: Your dick is not in my job description – on reflection
A year ago today Post published a blog I wrote called ‘Your dick is not in my job description’, which was about sexism and sexual harassment in the industry based on my own experiences.
Blog: The inclusion risk factor
A number of major disasters are all said to have involved flawed decisions, driven by individual perceptions, according to Angela Peacock, CEO of diversity and inclusion training specialists PDT Global.
Blog: Building resilience in an age of cyber risks
Developing resilience to cyber liability is now a significant task for businesses of every size. But according to Paul Bassett, managing director of crisis management at Gallagher, the rise of cyber and IT security risks, malware viruses and data…
Blog: Climate change - the emerging risks for agriculture
Extreme weather, heat stress and accidental fire are all issues that are likely to become more prominent for farmers as our climate changes argues Steve Smout head of agriculture at loss adjuster McLarens.
Blog: Project policies - why they pose a problem for the insurance industry
A High Court Ruling concerning a school fire hit headlines in 2018 putting into doubt the worth of project policies in the construction sector. With little hope of any immediate clarity, the demand from contractors for Contractors All Risks insurance in…
Blog: Cyber attacks - how can businesses combat human error?
Approximately three-quarters of cyber claims notified to CFC in the last year involved some kind of human error or oversight. This is in part due to the truth that theft of funds, ransomware, extortion and non-malicious data breaches usually involve the…
Blog: Advancements in vehicle technology - are insurers keeping up?
Fifty years ago, as the first Ford Capris, Austin Maxis and Aston Martin DBS V8s arrived on the UK’s forecourts, Thatcham Research was established to improve vehicle safety standards and contain claims cost. However Graham Gibson, chief claims officer at…
Blog: It’s just ‘banter’: The excuse that no longer washes in the #MeToo world
To mark Dive In this week Post content editor Jonathan Swift considers how language and actions that once might have been considered passable, are likely to be no longer tolerated if insurance is to become a truly diverse and inclusive profession.
Blog: Managing commercial property risks - the role of data visualisation
When physician John Snow was trying to identify the source and path of cholera outbreaks in London, he plotted outbreaks on a map of the city. Richie Toomey, senior manager for commercial insurance at Lexis Nexis Risk Solutions argues as reliable as…
Blog: The diversity challenge - why inclusivity matters
Inclusiveness in insurance, especially broking, is woeful writes Richard Beaven, chief operating officer at Brightside Group. No matter how rose-tinted our spectacles are, the data on the number of women in senior positions, not to mention other groups,…
Blog: No more hard and soft - are corporate flip-flops the new insurance cycle you CAN rely on?
Content director Jonathan Swift reflects on RSA's decision to create one commercial division and gets a sense of Deja-Vu that he's been here before
Blog: Lloyd's Delegated Authority Management Survey – how is the sector performing?
Mazars recently published its sixth Lloyd's Delegated Authority Management Survey designed to monitor development and changes in the specialised area of the Lloyd’s insurance market. Michael Campbell, director of delegated authority reviews at Mazars,…
Blog: Cyber crime - keeping ahead of evolving threats
With the imminent explosion of Internet of Things devices via the 5G rollout and the systemic rise in the use of artificial intelligence, technology is increasing both in complexity and connectivity writes James Maass, cyber incident specialist at CFC…
Remedying Risks: Slips and trips - better safe than defensible
With slips and trips among the most frequent insurance claims, temptation is high for some brokers to focus on claims defensibility training to improve after-the-event performance. As part of Post's new Risk Management Hub, Douglas Barnett, director of…