Businesses due Covid payouts with longer indemnity periods must be aware of clawbacks – and why it is a gamble whether they accept a full and final settlement now or let their cover run.
On the 23rd of March 2020 as Covid-19 infection rates soared Prime Minster Boris Johnson told us to “stay at home” triggering the first National Lockdown. One year on Post spoke to a host of insurance workers about their work and personal experiences of…
Exclusive: Insurers should not make deductions from business interruption claims because insureds received government support during the pandemic if doing so leaves businesses at “an overall financial disadvantage”, the Economic Secretary to the Treasury…
Bill Pieroni, CEO of global standards setting body Acord, discusses the findings of its research into UK personal lines websites and who is improving and why. He also tackles how the Covid-19 pandemic will change the market, reflects on his achievements…
On 23 March 2020 – as Covid-19 infection rates soared – Prime Minster Boris Johnson told us to “stay at home”, triggering the first National Lockdown. One year on, Post spoke to a host of insurance workers – the home schooling parent, the mental health…
Unsecured creditors have submitted £27.68m in claims against motor broker and managing general agent Staveley Head Limited, far in excess of the £9.98m on the company’s books when Duff & Phelps were appointed as administrators in February 2020.
International investment firm BC Partners has signed a definitive agreement to acquire a majority stake in Davies Group, for an undisclosed sum.
Law firm Mishcon de Reya, which represented the Hiscox Action Group in the business interruption insurance test case, has revealed it has seen instructions concerning the emergence of disputes in the global reinsurance market.
The Covid-19 crisis has turbo charged the market to make digital changes in months rather than years but there is still more to be done for brokers to stay relevant, says Brendan McCafferty, CEO of Brightside Group.
Did your employer go above and beyond to look after its staff during the Covid-19 lockdowns of 2020/2021? Are the perks you receive out of this world? Take part in our survey to give your employer the recognition it deserves.
Photographers have criticised Hiscox for the way in which the insurer has handled lockdown-related business interruption claims, with the head of a professional association calling the continued delay of settlements "intolerable".
Antoine Gosset-Grainville will take over as Axa chairman when Denis Duverne retires in April 2022.
Covid-19 continues to wreak “profound damage” on the UK economy, according to Chancellor of the Exchequer, Rishi Sunak, but the country’s insurtech sector is staying strong and remains a much-needed beacon of hope
Hiscox has appointed its area director for the South, Isha Patel, as head of direct commercial in the UK.
For the record: Wilson’s insurtech Abacai acquires Dayinsure; 250 job losses at BGL; GRS recruits Advanta team; and Howden acquires STA Group
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Direct Insurance has named group chief operating officer Tom Downs as the leader of a multi-million pound investment in operations and IT to widen its digital capabilities.
Fully Comp 15: Insurance Internships and graduate programmes - keeping up in the race for new talent
For the fifteenth episode of Post’s video series Fully Comp, we gathered together a panel to discuss insurance internships and graduate programmes.
CII boss Sian Fisher addresses local institute concerns over grant scheme aimed at tackling seven figure deficit
Exclusive: The Chartered Insurance Institute’s 2020 deficit is no longer going to be of the “magnitude” of £7m, CEO Sian Fisher told Post as she addressed concerns around local institute grant schemes.
Updated: Post tracks the 2020 insurer results season including gross written premium and combined operating ratio - detailing the impact of UK business interruption, weather, motor, home, non-business interruption Covid-19 claims, as well as mergers and…
The UK’s four main mobile networks have all launched a 5G service and by 2022 the whole of the UK is expected to have access. 5G is touted to bring benefits across society – Post investigates what will it mean for insurers and their clients.
ERS has completed a $350m (£252m) capital raise led by Boston based private equity firm Abry Partners, as it updated on its Bermuda ambitions and appointed Kevin Kelley as non-executive chairman.
Clear Group has bought Brokerbility members HIA International and Luker Rowe, Post can reveal.
Cécile Fresneau will take the helm of QBE European Operations’ insurance division, overseeing the business in Europe and international markets in addition to the UK, from the start of next month.
Managing general agent Harbour Underwriting (formerly QLCC) last year launched after the event commercial dispute insurance to the broker market. Managing director Sharon Brown spoke to Post about what attracted her to the role and why she believes…