Commercial
RSA to be ‘number one’ in commercial lines by end of 2025
RSA will be the best commercial lines and specialty insurance company by the end of 2025, according to Ken Norgrove, the provider’s CEO.
Is technology the solution to underinsurance?
Rebecca Fuller, managing director and global fixed asset advisory services leader at risk advisory firm Kroll, explains why without technology insurers and brokers haven't got a hope in hell of knowing whether a property is underinsured.
Winds of change in renewable energy insurance
Post Podcast: How insurers are supporting the switch from fossil fuels, providing cover for older windfarms and helping develop greener forms of energy is the subject of the latest podcast.
Frost to leave RSA amid appointments from NIG
RSA regions managing director Cath Frost is set to leave the business, as new appointments from NIG join the insurer’s new look commercial lines leadership team headed by Sonya Bryson.
CII’s Groves on bridging the climate expectations gap
Trade Voice: Tim Groves, programme development and partnership manager at the Chartered Insurance Institute, considers ways to bridge the gap between the risks insurers are able to cover and those the public think they should cover.
NFU Mutual lifts the lid on cost of recent storms
NFU Mutual has urged customers to make flood-resilient repairs, after revealing £10m of flood damage was reported to it following Storm Henk last month.
Diary of an Insurer: Aurora’s Lauren Stables
Lauren Stables, head of digital trading at Aurora, works on the start-up MGA’s next product launch, shares ideas with brokers and providers while also mucking out her horses and playing ball with her four dogs.
What M&A activity in 2023 indicates for deals in 2024
Data analysis: The number of UK insurance merger and acquisition deals rose from 98 in 2022 to 112 in 2023, but total deal value fell significantly from £5.1bn to £3.3bn year-on-year.
British Insurance Awards deadline for entries is 1 March
The clock is ticking to enter the 2024 British Insurance Awards – all entries must be submitted by the 1 March deadline.
Insurers urged to help curb illegal charter flights
The insurance industry has been urged to play its part in raising awareness around the issue of illegal charter in the aviation sector.
Impact of war in Ukraine on insurance
Two years on from Russia invading Ukraine, David Worsfold examines the ongoing impact of the war on global insurance markets.
Covéa and Markel win Covid BI reinsurance disputes
Covéa and Markel have won a court battle to secure reinsurance cover for Covid-19 business interruption losses.
Diary of an Insurer: Allianz Commercial's Olivia Baker
Olivia Baker, head of motor trade at Allianz Commercial, contemplates the Automated Vehicles Bill and what this will mean for motor insurance, and makes the most of flexible working.
Allianz's Dixon among raft of senior hires heading to Dual
Former Allianz chief underwriting officer Catherine Dixon is set to join Dual UK in June amid a raft of senior appointments.
Lloyd’s DEI role model: David Flint
Last year, Lloyd’s commissioned Franklyn Rodgers to create six portraits of diverse role models and over the coming weeks we will feature them all with today’s spotlight on the ambassador of the Lloyd’s Football Club and CEO of Blue Mountain Capacity…
Why asbestos should be in the conversations at renewal
Martin Parker, head of construction underwriting for the UK at specialist insurer Markel, highlights the increasing risk to the many contractors not exposed to the height of the asbestos crisis in the 1970s and 1980s.
Reflecting on the government’s foray into the PII market
In the wake of the government’s short-lived intervention into the professional indemnity market, Harry Curtis asks how effective it was and whether problems persist today.
Big Interview: Chubb’s Mark Roberts
Mark Roberts, division president for UK, Ireland and South Africa at Chubb, tells Jonathan Swift he is looking to create wider and deeper relationships with UK brokers plus what factors will help differentiate his insurer from the congested run-of-the…
RSA acquisition of NIG to close at start of May
RSA’s acquisition of Direct Line Group’s brokered commercial lines business is set to be completed on 1 May.
Canopius loses arbitration over hair salons’ Covid claims
More than 300 small businesses that had claims declined by Canopius did in fact have cover for Covid-19 closures, a judge has ruled following arbitration.
Deadline to enter British Insurance Technology Awards fast approaching
The countdown has started for you to get entries in for the inaugural 2024 British Insurance Technology Awards (BITAs).
Google searches show landlord concerns about cover
Data analysis: In the last year, research by Confused.com’s home insurance experts revealed more than 8,000 people in the UK Googled “What does landlord insurance cover?”
Diary of an Insurer: Konsileo’s Tim Rogers
Tim Rogers, client director of Konsileo, coaches Droitwich’s footballers, sorting out the club’s insurance, acts as a taxi for his teenaged son and helps his 86-year-old mother head off on holiday.
Marine insurers won’t pull cover over Red Sea attacks
There is “no reason” for insurers to withdraw cover for Red Sea shipping amid ongoing attacks on vessels in the region, the Lloyd’s Market Association’s marine head has said.