Commercial
Blog: The rise in fly tipping - what do insurance policies cover?
A recent report by the BBC about the continued rise of large fly-tipping incidents across England came as no surprise as both the frequency and severity of waste related claims as risen, ranging from relatively minor fly-tipping incidents to large scale…
QBE to close UK offices to test coronavirus readiness
QBE will shut nine UK offices on Wednesday as it stress tests its remote working contingencies in response to the coronavirus pandemic.
Analysis: Florists and flower stockist - Growing cover
The popularity of the Chelsea Flower Show has driven demand for small florists to start up and for larger garden centres to expand. Are their insurance needs being met though?
Axa pulls out of Biba conference over coronavirus fears
Exclusive: Axa UK&I, Axa XL and Axa Partners will not be attending the annual British Insurance Brokers’ Association’s conference in May due to concerns over coronavirus.
Blog: Is a legacy technology estate a convenient truth?
Companies from various industries started the year by exhibiting their latest products at CES, which is the global stage for innovation. Looking at the products on show Stephen Whitfield senior consultant at Altus says it prompts the question of how does…
Jelf reveals expletive laden messages as it brings £1.2m case against DRP
Jelf Insurance Brokers has filed a £1.2m client and team poaching case at the High Court of Justice against David Roberts & Partners (Insurance Brokers), David Roberts & Partners (York) and three individuals.
Mazars flags CMA interest in Aon/WTW deal
Mazars has forecast that the Competition and Markets Authority will look closely at Aon’s takeover of Willis Towers Watson, as the accountants also predicted the deal could lead to further mergers and acquisitions.
Ratings agencies positive on Aon/WTW deal
Ratings agencies S&P and Moody's have reacted positively to the Aon and Willis Towers Watson merger deal, despite highlighting "significant" execution and integration risk.
Axa's Jon Walker on SMEs and underinsurance
An underinsured business will find it hard to recover from a claim event and the recent storms and floods show that the risks have never been so high – or the consequences so potentially devastating – as when that business is an SME.
Analysis: A coronavirus call centre crisis?
Personal lines insurance providers are faced with a potentially “lethal” situation if call centre staff cannot go into work en masse due to coronavirus disruption, compliance experts have cautioned. Post asked brokers and insurers how they are preparing…
ABI pegs storms Ciara and Dennis losses at £363m
The industry is set to pay out £363m on claims from storms Ciara and Dennis that hit the UK last month, the Association of British Insurers has calculated.
This Month: Best insurance employers to the fore
From November last year to January 2020 Post gave insurance employees the chance to nominate and rate their employers on topics ranging from management to diversity and work/life balance along with whether they would recommend the company to a friend.
Blog: The effect of Brexit on attitudes towards the NHS - how will this affect medical insurance enquiries?
On the day of the general election last December we witnessed a sharp spike in the number of visitor searches seeking out quotes for private medical insurance, 1072% higher than the forecasted figures for that time of year, writes Ian Sawyer, commercial…
Coronavirus disruption not covered by BI policies, says Aviva
Aviva's business interruption policies will not cover disruption caused by the coronavirus outbreak, the insurer’s general insurance CEO Colm Holmes has confirmed.
Aviva has axed 1200 of 1800 jobs set to be cut
Operating profits for Aviva’s UK general insurance business fell 35% to £250m in 2019, though the result excludes the £45m cost of strengthening reserves following July’s Ogden rate revision, as it revealed it has cut 1200 jobs across the company so far.
L&G pegs sale of loss making GI business to Allianz at £255m
Legal & General has booked an estimated consideration of £255m for the sale of its general insurance business to Allianz as the division reported an operating loss of £35m for 2019.
Analysis: Broker M&A pace picks up again
Acquisitions in the UK distribution space rose 13% last year, according to research by Imas Corporate Finance. Post investigates what is driving the increase in consolidation and the challenges buyers are facing in their traditional hunting grounds
Comment: Is 2020 the year of Parametric Insurance?
Post content director Jonathan Swift ponders whether Parametric insurance will live up to the hype of being The Next Big Thing, in the way that Blockchain has perhaps failed to.
Coronavirus to gain notifiable disease status across UK
Businesses disrupted by the coronavirus outbreak may be able to recoup their losses if they have purchased insurance policy extensions indemnifying losses stemming from “notifiable disease”, following updates to public health statutes.
Best Insurance Employer: The Top 20 – Hiscox 8.8
Hiscox was voted seventh in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Kingsbridge 8.8
Kingsbridge was voted fifth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Zurich 8.8
Zurich was voted fourth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Plan Insurance Brokers 9.5
Plan Insurance Group was voted second in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Konsileo 9.5
Konsileo was voted first in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.