Commercial
Inside Out: A former BI insider looks at what the insurance industry should have learnt in the past two years
Post invites industry insiders affected by key issues they believe insurance is getting ‘inside out’ to share their perspective and state their case for change. Here, a former business interruption insider talks about how the recent Corbin & King v Axa…
Trade Voice: Airmic's Julia Graham on how captives can help organisations to manage risk in uncertain times
As the turbulence in the world increases and throws up new – and different – risks, now is the time for captives to undergo a renaissance, argues Airmic CEO Julia Graham.
Thatcham hails Mercedes’ move as 'milestone' in automated driving; Admiral strikes ADR deal; Marsh launches ESG rating; and MS Amlin commits to Net Zero
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Leaving IPT untouched in Spring Budget a 'missed opportunity' says Biba
The British Insurance Brokers' Association has warned leaving insurance premium tax at its current level will act as a disincentive to buy adequate insurance after the tax went unmentioned in the Spring Budget.
Q&A: Nic Brown, Markel UK
At the start of 2022, Nic Brown took up the post of divisional director for Markel's UK broker channel. He speaks to Post about what Markel is hearing from brokers, and the insurer's strategy to continue driving the growth it has seen in recent years.
Intelligence: What does the future hold for ESG chief officers?
With the growing importance of environmental, social and governance issues, companies are starting to recruit people to senior executive positions to oversee their strategies. Pamela Kokoszka investigates if the role of chief ESG officer is here to stay,…
AIG, Axa and RSA lead underwriter recruitment; Allianz partners with Solar Energy UK; North P&I and Standard Club to merge; and first non-London syndicate-in-a-box-launched
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Pricing equilibrium to settle within 'next few months': A-Plan CEO Kelly Ogley
A-Plan CEO Kelly Ogley told Post she expects the market will 'reach an equilibrium' on pricing in the next few months following Financial Conduct Authority reforms.
ESG Blog: On the trail of green regulation and reporting
With the new rules expected to come into force in 2022, which will make ESG reporting compulsory for big companies, Allianz's head of strategy and propositions Glen Clarke, considers what companies will need to do to account not just for their own…
Corbin & King judgment unlikely to curb BI aggregation legal actions
The Commercial Court’s findings with regard to quantum in the case of Corbin & King v Axa are unlikely to curb further litigation on questions of aggregation in business interruption claims, lawyers have told Post.
Analysis: Corbin & King £4.4m judgment tugs at BI claims door
The Corbin & King business interruption judgment has the potential to open up insurers to further and more costly claims, but with multiple factors at play there is no guarantee others will win out.
ESG Exchange Q&A 2: How are insurers enabling their employees and partners to be green?
As part of our ESG Exchange fortnight, Post spoke to Ageas, Aviva, LV and Zurich to find out how insurers are thinking beyond their own firms and helping their employees, partners and their supply chain to adopt environmental, social and governance…
FCA 'considering' Corbin & King BI judgment impact
The Financial Conduct Authority is considering the impact of the recent legal judgment in the case between restaurant group Corbin & King and Axa.
PIB Group's Brendan McManus on how to get deals and acquisitions right
Brendan McManus, CEO at the PIB Group, understands why people can see acquisitive growth as being like a hamster wheel, but explains that through investing in verticals, products, people and technology it can be more like an exhilarating rollercoaster…
Blog: Insurtech – the power to make ESG happen
The Insurtech domain will be the driving force behind ESG for the insurance sector, writes Sam Evans, founding partner of Eos Venture Partners, a strategic insurtech venture capital fund.
Intelligence: Post's complaints matrix shows the products that let consumers down during the pandemic
Complaints data from the Financial Conduct Authority and the Financial Ombudsman Service helps to create greater transparency and accountability for insurance firms. As Post brings together the most comprehensive set of complaints data from 2014 onwards,…
Allianz no longer writing new business in Russia
Allianz will no longer underwrite new business or make new investments in Russia, the insurer has said.
ESG Exchange Q&A: Minyoung Shin, The Sunrise Project
Minyoung Shin, sustainable finance advisor at The Sunrise Project spoke to Post about the responsibility the insurance sector has in reducing its contribution to climate change, environmental, social and governance policies, and encouraging insurance…
ESG Exchange: Making resilient repairs work
With new measures being introduced to facilitate resilient repairs, Rachel Gordon investigates whether these steps go far enough to help insurers and their customers when faced with building claims.
Aviva in Zego tie-up; Ecclesiastical Insurance Group renamed Benefact; Mosaic to acquire Sirius Point Lloyd's arm; and Sedgwick buys UKA247
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ESG Blog: Insurers must make the move towards carbon neutral in 2022
The COP26 conference has prompted the insurance industry to look more closely at its carbon footprint and explore ways to reduce emissions. But are those in the insurance sector really committed to making tangible changes to become carbon neutral, or is…
Aon suspends Russian business
Aon has suspended its Russian operations and put staff on paid leave.
ESG Blog: Companies must disclose environmental, social and governance procedures and manage liability risks
Sylvie Gallage-Alwis, Paris partner, and Kate Gee, London counsel at Signature Litigation, consider how the impact of liability and litigation risks, and environmental, social and governance issues will affect insurers.
British Insurance Awards Countdown: Who went from being a Young Achiever to running an award-winning business in two decades?
There are now just two days to go to get your British Insurance Awards entries in [closing date: 11 March]