Commercial
How 9/11 still shapes insurance
Editor’s View: On the 25th anniversary of 9/11, Emma Ann Hughes reflects on how the attacks changed terrorism risk, catastrophe modelling and insurance capacity forever and reminds the sector of how it must always help people recover from loss.
Time:To – MGAA’s Keating on how to stay on top of governance
The importance of data to keep tabs on delegated authority to satisfy the regulator is stressed by Michael Keating, CEO of the Managing General Agents’ Association, in the latest Insurance Post Time:To video.
Aviva launches specialty hybrid fronting for MGAs
Aviva has launched a new MGA hybrid fronting proposition through its Global Corporate & Specialty business.
BPL launches surety division
BPL has launched BPL Surety, a new business line offering global guarantee solutions, marking the broker's second business line launch this year.
Time:To – Aspect’s Carpio on how AI has made it easier to underwrite
Artificial intelligence and technology allows you to adjust your portfolio easier than ever before, according to George Rojas Carpio, senior underwriter at Aspect.
Webinar: Watch Iprism, Duck Creek and Hyland discuss the future of commercial underwriting
The conversation around AI in underwriting is shifting, from what’s possible to what’s already in play. What will be the norm in five years' time, and how do we get there?
How AI cut Miller’s KYC processing time by over 50%
From cutting KYC processing time by more than half to automating routine work, Clare Lebecq, group chief operating officer of Miller, reveals how her artificial intelligence strategy is delivering measurable business value.
Agentic AI has ability to ‘fundamentally change’ operations
Hamilton CEO Pina Albo said in “one of the most complex environments ever” in the insurance industry, agentic artificial intelligence is making the sector feel like it has more staff.
Zurich cuts commercial underwriting time by 78% with AI
Zurich UK’s underwriting workbench for commercial insurance has reduced processing times by 78% in less than two years.
Who pays when AI gets it wrong in the boardroom?
Duane Folkard, lead cyber underwriter, and Sam Cornelius, lead management liability underwriter at rrelentless, examine whether current underwriting approaches adequately assess how artificial intelligence-generated information is used in decision making.
Time:To – Zurich’s Thomas on using AI to strengthen underwriting
Artificial intelligence should be used to help underwriters spend less time hunting around for data, according to Sam Thomas, interim chief underwriting officer of Zurich UK.
AI turns cyber from a frequency story into an accumulation one
Richard Ford, CyberCube’s vice president of engineering, says cyber in the artificial intelligence era means underwriters are being asked to price a moving target that’s changing direction unpredictably.
Time:To – Commercial Express’ Pritchard on AI improving decisions
Duncan Pritchard, managing director at Commercial Express, shares how the business has cleansed its data and created a virtual underwriting assistant.
Time:To – CyberCube’s Brink on educating customers
In the latest Insurance Post Time:To video, Nate Brink, head of broker sales and account management at CyberCube, explained how brokers should use artificial intelligence so they can spend more time educating customers about their risks.
CFC CUO on why excluding AI is not an option
Nick Line, chief underwriting officer of CFC, says insurers must adapt coverage and their thinking now for how artificial intelligence is reshaping businesses.
Ecclesiastical’s CIO on AI and the evolution of specialist insurance
Graeme Howard, group chief information officer of Ecclesiastical Insurance, explains how artificial intelligence is enhancing specialist insurance underwriting with faster insight, better data and more informed decision-making.
Time:To – Coalition’s Draper on where to focus IT efforts
In the latest Insurance Post Time:To video, Tom Draper, managing director of Coalition UK, outlined how insurers should use technology to give customers a better understanding of their risk exposures.
Tokio Marine HCC acquires Direct Commercial
Tokio Marine HCC International has signed a definitive agreement to acquire UK commercial motor MGA Direct Commercial.
Which duo rank as the UK’s top insurance Power Pair?
For her first ever comment article for Post, Penny Black ranks the UK insurance industry's most credible couplings, deal-tastic duos and peerless pairs that are the envy of all their rivals.
Axa to add SME terrorism cover at no extra cost from November
Axa UK has confirmed its intention to add terorrism cover to its intermediated digital SME business from November, with the insurer planning to absorb the additonal costs.
Rokstone eyes more M&A as it targets further growth
Rokstone is set to explore further merger and acquisition opportunities as the MGA looks to build on organic growth and expand its underwriting capabilities in the year ahead.