Commercial
Why the NHS needs cyber insurers’ help
Tom Draper, head of insurance, UK, at Coalition, explains how the NHS is vulnerable to cyber attacks and explains ways insurers can come to the rescue of the nation's healthcare provider.
Uptick in M&A activity among large carriers expected
An uptick in M&A activity at the larger end of the UK insurance carrier capitalisation spectrum is expected towards the end of this year, according to a Clyde & Co report.
Storm Bert shows insurers must demand building rules change
Editor’s View: If you want to know why people recoil, rather than embrace you, when you say you work in insurance, Emma Ann Hughes recommends you type into Google: ‘What does the insurance industry need to do about the growing number of named storms?’
Arch’s Danskin on the power of service
View from the Top: Stuart Danskin, director of underwriting for Arch UK’s regional division, says platinum-level service shouldn’t be reserved for the largest risks and industry heavyweights.
Mike Crane joins Axa Commercial as SME and specialty director
Mike Crane, formerly managing director of LV Broker, has been appointed as Axa Commercial’s SME and specialty director.
Lloyd's Neal calls CrowdStrike 'warning shot' to insurers
John Neal, CEO of Lloyd’s of London, has described the CrowdStrike outage as a “warning shot” for insurers on the importance of cyber resilience.
Five-year UK cyber attack costs hit £44bn
Howden research has found that more than half (52%) of UK businesses have suffered at least one cyber attack in the past five years, equating to £44bn of lost revenue.
Commercial insurers should be ‘just as ambitious’ as retail with tech
Joe Diss, director of claims analytics at Arch Insurance Services has urged commercial insurers to up their ambitions when it comes to technology.
Bloomberg forecasts fines will cause surge in cyber cover demand
Demand for cyber insurance is set to grow amid a spate of high-profile attacks and fines for accidental leaks, according to a market report from Bloomberg Intelligence.
ABI’s Gurga urges regulators to slash red tape
Hannah Gurga, director general of the Association of British Insurers, has urged the government and regulators to grab Alexander the Great’s sword and slash through the Gordian knot of regulation.
Close Brothers to seek consent to pay premium finance commission
From next week, Close Brothers will seek consent from commercial customers for the payment of broker commissions for premium finance.
Allianz Commercial MD Nadia Côté departs
Insurance Post can reveal that managing director of Allianz Commercial Nadia Côté is leaving the insurer with immediate effect.
Yet another exit at Allianz as Major heads to HDI
HDI Global has this morning announced the appointment of Allianz Commercial’s Tom Major as its chief claims officer for the UK and Ireland.
Reeves announces consultation on UK captives regime
Rachel Reeves has announced a consultation on a new approach to regulating UK captive insurers in her first Mansion House speech as Chancellor of the Exchequer.
Repair costs high as aviation sector grapples with ‘transformational stage’
The aviation sector is at a “transformational change” with new materials changing the profile of claims and pushing up costs, McLarens Aviation managing director Trehane Oliver has told Post.
QBE’s Chris Wallace on how insurers must support UK businesses in 2025
View from the Top: Chris Wallace, executive director at QBE Europe, believes service and regional focus are priorities at the heart of helping businesses through challenges in the year ahead.
How insurers are assisting with the energy transition
How insurers are enabling a “less volatile” transition away from fossil fuels is the focus of the second of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.
Sign up for webinar on driving retention, growth and improved customer journeys
Insurers continue to face the challenge of distinguishing and differentiating themselves on anything other than being among the cheapest providers.
Insurers shift to being net zero accelerators
How insurers are helping companies decarbonise sooner rather than later is examined in the first of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.
How to enable the renewable energy transition
Jack O’Sullivan, senior underwriter at Rokstone in the energy and power division, argues renewable energy will always attract capacity, but insurers, brokers, and developers need to act more collaboratively to ensure more quality, robust projects are…
2024 European Insurance Technology Awards winners revealed
Today, Insurance Post is delighted to announce the winners of 2024 European Insurance Technology Awards.