Commercial
Insurers push for another Supreme Court Covid BI trial
At least four insurers have sought permission to appeal a September court ruling on Covid-related business interruption claims to the Supreme Court, Insurance Post can reveal.
Arc Legal appoints Lee Taylor as CEO
Lee Taylor has been named as the successor to Arc Legal CEO and founder Frank O’Malley, joining the managing general agent from Allianz Partners.
Q&A: Fiona Sperry, QBE
Fiona Sperry, QBE’s head of complex claims, talks through her team’s role, how the insurer is meeting challenges posed by the energy transition and the place of artificial intelligence in claims.
Lessons to learn from the CrowdStrike outage
Laura Miller examines how the CrowdStrike outage impacted various insurances, including property, business interruption, professional liability, D&O and product liability insurances.
Why overseas capacity has become a concern for MGAs
Will Reddie and Bob Haken, partners at law firm HFW, explore the growing concern among managing general agents operating in the UK without capacity, which would put them in breach of regulations and runs the risk of criminal sanctions for both the…
Big interview: Michael Rea, Gallagher UK
Having taken on the Gallagher UK CEO role at the start of the year, Micheal Rea talks to Jonathan Swift about breaking the £1bn revenue barrier, the benefits of scale, putting M&A on hold and why the market is in transition in terms of rates.
Ripe buys boat insurer GJW Direct from Munich Re
Ripe has bolstered its share of the marine insurance market by buying GJW Direct from owner Munich Re’s Specialty.
Diary of an Insurer: Gallagher’s Elaine Lennox
Elaine Lennox, regional managing director for the Midlands at Gallagher, goes back and forth between Leicester and Birmingham, checks in with the cyber insurance special interest group and manages to download over dinner.
Gallagher’s Rea bemoans ‘basic’ service remains a differentiator
Such has been the drop in service standards among insurers, anyone offering “the bare minimum” might stand out in the current market, according to the CEO of the UK’s largest insurance broker, Gallagher.
Aviva to roll out ‘transparent’ broker portal
Aviva’s MD for commercial and chief distribution officer, David Martin has revealed to Insurance Post that, in November, the insurer will be rolling out a new broker portal.
Spotlight: Why we need risk management for everyone, not just the 2%
For over 200 years, the insurance industry has understood the benefits of risk management in reducing and controlling exposure. But in a world of emerging and evolving risks, the traditional way of making improvements through site surveys creates a…
How the Insurance Post Top 90 MGAs List 2024 was produced
Market analyst Insuramore reviewed revenues – defined as fees and commissions earned in relation to UK-based risks from any kind of direct non-life insurance – to produce Insurance Post’s Top 90 MGAs List.
Insurance Post’s Top 90 MGAs revealed
Ardonagh Group, Brown & Brown, Gallagher, Markerstudy and Policy Expert are the UK’s five biggest MGAs.
How to create a pipeline as a specialist insurer
How a sales pipeline can help teams track their progress, pinpoint revenue-killing roadblocks, and prioritise their efforts to increase revenue is covered by Russell White, CEO of Peach Pi and NPAI, in his Insurance Post Top Tips video.
Canopius exits space insurance market
Canopius has ceased to write new space business and has confirmed the departure of two senior underwriters for the class.
Diary of an Insurer: Axa Partners’ Beth Buckland
Beth Buckland, operations director of Axa Partners, manages to squeeze in some Pilates to a packed working week, which includes a sensitive case review meeting, encouraging colleagues to think more creatively, and handling a media query about a declined…
Markel invests in distribution ahead of new five-year strategy
Markel is investing in its UK distribution teams in anticipation of a fresh five-year strategy that will chart a course for the insurer through to 2030, UK broker channel divisional director Jo Sykes has said.
Dive In Special – Widening the doors for talent
Employee resource groups and widening the doors for talent played a huge part in making insurance a more diverse industry in the last decade, according to HR chiefs who took part in the latest Insurance Post Podcast.
Big Interview: Mandy Hunt, Clear
Mandy Hunt, managing director of The Clear Group’s MGA business, looks to develop underwriting talent, shares growth plans and talks about the importance of sharing personal stories.
Video Q&A: Arch Insurance’s Steve Bashford and Mike Bottle
Following its recent success at the British Insurance Awards where it was crowned Broker Partner of the Year, Insurance Post caught up with Arch Insurance to discuss its success.
Diary of an Insurer: MS Amlin’s Gemma Lines
Gemma Lines, chief people officer at MS Amlin, persuades senior women to move up the insurance career ladder when they fear losing the work-life balance they’ve built up and puts the world to rights with her hairdresser.
Lloyd’s to ramp up business oversight to avoid past ‘mistakes’
Lloyd’s will increase its oversight of delegated and legacy business to avoid squandering the gains of recent remediation efforts, chief underwriting officer Rachel Turk has said.
Ripe’s new CEO outlines plan for ‘next phase’ of growth
Two weeks after it was announced he would be taking over from Paul Williams as CEO of Ripe, Alan Thomas shares his plans to power the “next phase” of growth for the business.
Terrorism legislation ‘likely’ to result in increased D&O claims
Legislation tabled in parliament last week is “likely” to result in more directors’ and officers’ claims and renewed demand for public liability cover, law firm DAC Beachcroft has warned.