Commercial
Blog: I(nsured), robot
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
Lloyd's CFO Parry to depart in 2019
Lloyd’s chief financial officer John Parry, has decided to leave the Corporation after 17 years.
Editor's comment: As easy as ABC
As any mother does, from the day my son was born, I spend a lot of time trying to get him to talk. We did baby sign language, Monkey Music singing nursery rhymes and, of course, I read to him every night before bed.
Profile: Phil Barton, Jelf
With massive investment and growth since its acquisition by Marsh, Jelf CEO Phil Barton tells Will Kirkman about the broker’s plans for the future
Industry fears FCA plans could kill professional indemnity market
The insurance watchdog has opened a consultation into proposals which could see a surge in personal indemnity premiums and force some providers out of the market altogether.
Rate increases remain inconsistent, says JLT
Rate increases remain inconsistent with rises largely limited to loss effective lines of business, according to Jardine Lloyd Thompson.
Swiss Re names Jake Algar Corporate Solutions head
Swiss Re's insurance arm Swiss Re Corporate Solutions has named Jake Algar head of UK & Ireland, effective 1 May 2018.
Covea's Simon Cooter on investing in tech for customers, not for profit
Innovation needs to focus on enhancing customer experience, explains Simon Cooter, commercial lines & HNW director at Covéa Insurance.
Insurers should re-examine attitude to chemical weapons following Salisbury incident
The insurance sector should re-examine its attitude towards business interruption and chemical weapon exclusions in the wake of the Salisbury incident, according to Pool Re.
Analysis: Liability war rages over Grenfell-style cladding replacement claims
A battle is raging over who is liable for costs to replace cladding on high-rise residential buildings across the country
Blog: What Cambridge Analytica means for AI in claims
Insurers and lawyers trying to automate claims through artificial intelligence must be careful not to violate ethical boundaries, explains Andrew Dunkley, head of analytics at BLM, pointing to the Cambridge Analytica scandal as a warning sign.
Allianz to complete squeeze out and delist of Euler Hermes
Allianz is set to squeeze out remaining shareholders of Euler Hermes delist the trade credit insurer from the Paris stock exchange on Friday.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Post-Grenfell research lays bare fire safety test failures
Research conducted on behalf of the insurance industry in the wake of the Grenfell Tower fire has exposed the scale of fire safety testing failures.
Lloyd’s starts hiring for Brussels subsidiary
Lloyd’s has started hiring staff for its Brussels subsidiary.
Brightside's Mark Cliff on becoming a digital broker
Mark Cliff, executive chairman of Brightside, explains how brokers can make the most of the digital world.
Lloyd's appoints partners on insurtech lab
Lloyd’s has appointed insurtech specialist L Marks and The Boston Consulting Group to support the set up and operation of its Innovation Lab.
Generali to sell Belgium business for €540m
Italy’s largest insurer Generali is to sell its Belgium-based subsidiary to Bermuda-based Athora Holdings for €540m (£469.5m).
HDI's Jens Wohlthat on the need for hardening
Natural catastrophe risks reveal the need for industrial cover rate hardening, writes Jens Wohlthat, member of the HDI board of management.
Blog: Insurers should cover recyclables price volatility
The reluctance of current players in the waste sector to manage recyclables price risk presents opportunities for the insurance sector, explains Surabhin Chackiath, waste and resource management consultant at SLR Consulting.
Brexit sends Anglo-American trade deal into disarray
The uncertainty surrounding Britain’s departure from the European Union has sent the prospect of a possible Anglo-American trade deal into question, the Lloyd’s market has heard.
Business leaders ‘turning their backs on Europe’
UK business leaders have turned their backs on Europe as political uncertainty and regulatory concerns see decision-makers’ focus on the domestic market, according to survey findings.
Silent cyber holding back insurance market, survey claims
Silent cyber risk is the largest inhibitor to the growth of cyber insurance, according to a Post survey.
London Market launches permanent body to manage market services
The London Market Group has launched London Insurance Market Operations & Strategic Sourcing, a permanent body to manage market services.