The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
In this issue, succession planning and the promotion of internal talent remain key issues for the industry to address according to analysts, who have played down the significance of recent leaderships announcements at Admiral and LV.
Last week Admiral CEO Henry Engelhardt confirmed he will step down from the company hotseat in 12 months' time and will be handing over to co-founder and chief operating officer David Stevens.
In other news, draft proposals for the revised rehabilitation code have sparked calls for a ‘distinct pathway' to be established for low-value whiplash claims, so as not to conflict with the fledgling Medco scheme; The Financial Conduct Authority has been accused of failing to address consumer buying behaviour in the findings of its premium finance thematic review, which singled out insurers and brokers for criticism; and public mistrust of driverless car technology and a potential influx of personal injury lawsuits have been cited by industry experts as the main reasons why the development of autonomous vehicles will not lead to the end of compulsory motor insurance.
Regional president UK & Ireland, Ace Group regional president in the UK and Ireland David Robinson, is in the C-Suite to explain how expanding into new, exciting business territories brings with it a new range of risks; and as the insurance industry begins to speak with a single voice, Bollington CEO Paul Moors asks can it speak up for itself more?
Since being named CEO of Cega, Alistair Hardie has been a man on a mission - to take to the rooftops and loudly shout about what the firm can offer customers as part of his bid to grow the business. Post's senior reporter James Verrinder met Hardie eight weeks into his new job to find out about the task ahead in this week's interview.
Post reporter Katie Marriner continues Post's series of regional reviews in Newcastle. The city has experienced its fair share of change in insurance industry representation in recent years, but local brokers are now hailing an environment of stability in the city.
This issue's feature looks at the increasing use of drones on both a personal and commercial level and asks if insurers can utilise the technology to improve efficiency and tap into a new area of coverage?
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Enjoy the read!
A huge well done to all involved with organising our Remembrance Day event on Friday, including our Corporate Real Estate team. One of them, Ibrahim, took this incredible footage of poppies dropping as he (along with others) leaned (safely!) over the gantry to let them go. pic.twitter.com/pSbapkWBBR— Lloyd's (@LloydsofLondon) November 12, 2018
- Passporting ‘unlikely’ under terms of Brexit deal
- RSA pulls out of three London market lines
- Blog: And the next CEO is…?
- Interview: Ian Muress, Sedgwick International
- Telematics insurance cuts younger drivers' claims losses by a third
- Wider sector may face similar scrutiny to 'too big to fail' insurers
- Analysis: Business interruption after Salisbury: Poisoned policies?