Commercial
Insurance Covid Cast – episode one: How has the industry’s reputation been impacted by its handling of the coronavirus epidemic
In the first of a new series of video casts brought to you by Insurance Age and Insurance Post whilst our journalists are in isolation lockdown we discuss the sector’s response to the Covid-19 pandemic and what lasting impact it might have on its…
Download the Insurance Covid-19 Resilience Survey
The Covid-19 pandemic has resulted in the mass migration of insurance professionals away from the office environment for the foreseeable future. In light of this unprecedented situation, Post subscribers were invited to take part in an online survey to…
Blog: The UK's CBD market - challenges and opportunities for insurers
The Food Standards Agency recently issued a warning to companies involved in the manufacture and sale of cannabidiol products that goods could be taken off the shelves if those in the industry failed to give more information about the safety and contents…
Covid-19 Resilience Survey finds insurance employees most concerned about mental health and mass sickness
The ability for employers to handle staff wellbeing - especially mental health - and manage business if staff numbers are significantly reduced due to sickness, were the most pressing concerns among respondents to an exclusive Post survey focused on…
Motor Insurance World Live video presentation: Same problem, new challenges; tackling motor fraud in 2020
Allianz has been tackling fraud for over a decade with savings increasing year-on-year for the last ten years.
Motor Insurance World Live video presentation: The car is the star
Motor insurance companies have long focused on rating factors such as a driver’s age, occupation and where they live.
Blog: Preventing a Covid-19 cascading flood disaster
We have just come off the back of one of the worst winters for flooding in living memory. What would have happened had the Covid-19 pandemic started here three months ago? With the spread of Covid-19 accelerating, there is growing risk of a cascading…
Staveley Head buyer to move ‘majority’ of customers to A-rated paper
One Sure Insurance, which has purchased in-administration Staveley Head's intellectual property and renewal rights, will look to place the majority of its new buy’s customers with A-rated insurers.
Retroactive coronavirus pay outs would ‘seriously threaten the stability’ of global insurance industry
Global insurers have warned governments that if they impose retroactive pay outs for Covid-19 this will make it difficult if not impossible for insurers to respond to the crisis and other insured events.
QBE reveals replacement for international CEO Richard Pryce
Jason Harris will take over from Richard Pryce as QBE CEO, international, when the incumbent retires at the end of the year.
Be Wiser's Mark Bower-Dyke on the role of insurers during the coronavirus pandemic
As Covid-19 sweeps the globe, Mark Bower-Dyke chairman at Be Wiser Insurance, explains the critical role insurers play in these challenging times and why they need to step up to the plate.
Trade credit insurers in cover limits and pricing re-think
Trade credit insurers are looking at pricing and cover limits as the coronavirus crisis continues to unfold, Post understands, as they warn virtually no sector will be left unaffected by the pandemic.
Insurer gender pay gaps shrink slightly
Insurers’ gender pay gaps narrowed marginally in 2019, with the difference between the median and mean pay of women and men shrinking by 0.94% and 1.46% respectively among a sample of top insurers collated by Post.
Nimbla appoints Elizabeth Jenkin as CCO
Invoice insurance start-up Nimbla has swooped for Elizabeth Jenkin as its chief commercial officer, joining from RFIB.
Blockchain: Making waves: Can AI help the crisis in marine?
Outdated static rating factors and underwriting losses mean the marine market is ripe for disruption. Technology, including, blockchain is set to shake up the sector.
Ex-LV leader Kevan Aubrey joins Jensten Group
Kevan Aubrey, a former head of commercial distribution and strategic accounts at LV, has joined Jensten Group as sales and distribution director for its wholesale business including Policyfast and City Underwriters.
This Month: Covid-19
On the first Friday in April it is hard to remember what the first Friday in March was truly like. To misquote: that past was a foreign country, we did things differently then.
Providers respond as FCA changes premium finance landscape
The Financial Conduct Authority has proposed a range of stop-gap measures to help consumer credit customers manage the financial hit from the coronavirus pandemic.
Travelers pledges $5m for coronavirus relief efforts
Travelers has committed $5m (£4m) to help families and communities in the UK, Ireland and North America hit by the Covid-19 pandemic.
Insurers plead with government to make early call on further whiplash reform delay in light of Covid-19
The whiplash reforms implementation date should be delayed and a realistic timescale put in light of the Covid-19 epidemic.
Analysis: Motor insurers report up to 50% reduction in claims due to coronavirus lockdown
It is now just over a week since the Prime Minister locked down the UK on 23 March to help slow down the coronavirus pandemic, strict measures which have seen traffic significantly reduced on the UK’s roads. Post content director Jonathan Swift spoke to…
Roundtable: The rush to technology
The seemingly headlong rush by insurers to connect everything, pulling together fragmented legacy systems and IT architecture has left many of them struggling to find the right solutions. Post gathered a group of experts together to see how firms are…
Analysis: Risk manager associations downbeat on Aon-Willis takeover
Post gathers feedback from across the industry on what Aon’s takeover of Willis – to create the biggest broker in the world – will mean for the market
Analysis: US insurers face 'thin end of the wedge' on mandated coronavirus BI cover
Lawyers remain confident the UK government won’t follow the US in mandating payouts for Covid-19 on business interruption policies after four US states tabled legislation that would require disruption caused by the coronavirus pandemic to be covered.