Commercial
Hiscox's Bob Thaker on why strong company culture is key to success
What You Do Is Who You Are is the latest business blockbuster hitting bookshelves in time for Christmas. Perhaps the Chartered Insurance Institute should consider making a bulk order says Bob Thaker, Hiscox UK’s CEO, as a way to remind everyone that long…
Insurtech 100: August - October 2019 quarterly update
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches …
Insurtech Seyna approved as insurer in France
Insurtech Seyna has been approved as a non-life insurance risk carrier by the French Prudential Supervisory Authority.
Loyalty a top priority among consumers when choosing an insurer
The biggest opportunity for insurers to improve their performance is in relation to customer loyalty, which ranked above price as a decision driver when it comes to picking a provider, according to research by the Chartered Insurance Institute.
Victor set to launch Lloyd's syndicate with Asta
Victor Insurance is set to establish a syndicate at Lloyd’s and will commence underwriting with a capacity of £57m on 1 January 2020.
Bumper year for FCA fines and unauthorised firm warnings
The Financial Conduct Authority issued 522 unauthorised firm warnings and an unconnected £227.3m in fines for the year up to March 2019, both signifying a jump.
Blog: Event cancellation - the role of the loss adjuster
Last month’s torrential rain that saw hundreds of homes and businesses in Yorkshire and the Midlands devastated by flood water served as a stark reminder of the destructive impact that the weather can have. But this can also have a severe impact on…
MGA Mole: Why is client 'confidentiality' a dirty word?
Post has enlisted a managing general agent industry mole to lift the lid on what the sector is really like. In the first of this new series, our anonymous commentator asks why the industry isn't more careful with customers' information and warns that -…
Q&A: Graham Smart, The Chartered Institute of Loss Adjusters
Graham Smart has replaced Luke Exford as president of the Chartered Institute of Loss Adjusters. He spoke to Hiriyti Bairu about how loss adjusting has evolved over the years and the challenges facing the sector.
PIB buys credit insurance specialist CMR Insurance Services
PIB has bought credit insurance specialist CMR Insurance Services and health and safety consultancy firm Sue Smith.
Aston Lark buys again in Ireland
Aston Lark has bought Wright Insurance Brokers in Ireland, its second deal in the country having snapped up Dublin-based Robertson Low this January.
Airmic moots possibility of 'Flood Re Plus' to cover commercial properties
The onset of climate change and the increased risk of flooding that comes with it could necessitate a ‘Flood Re Plus’ covering commercial properties, the UK risk management association Airmic told Post.
Arch appoints Stuart Danskin as UK regional underwriting director
Arch Insurance has made Stuart Danskin director of underwriting for its UK regional division, which was formed at the start of this year.
Chubb promotes Louise Joyce to head of industry practices
Chubb has promoted Louise Joyce to head of industry practices for the UK & Ireland, succeeding Karen Strong who has left the business.
Amanda Blanc lands second NED role
Amanda Blanc will join specialist motor insurer ERS as a non-executive director on 2 January 2020.
Spotlight: Autonomous Vehicles: The insurance implications of a driverless marine cargo market
Similarly to developments in the auto industry, unmanned seafaring vessels could become prevalent in the future. But today the trend is towards partial autonomy. Valerie Hart looks at the prospects of improving vessel performance and safety, hurdles, and…
Spotlight: Autonomous Vehicles: Is automation the answer to insurers’ nightmares or a dream come true for thieves?
At every trucking fair and trade publication and in each promotional video the industry is demonstrating the advances in autonomous commercial vehicles
Lloyd's consortium targets space startups with all-in-one satellite cover
A consortium of 18 Lloyd’s syndicates has announced a $25m-capacity-per-risk space insurance product that seeks to capitalise on a predicted tripling of the size of global space market by 2040.
Scor launches €300m contingent capital facility
Scor launched a three year contingent capital facility in form of a contingent equity line, providing the group with €300m (£254.6m) coverage in case of extreme natural catastrophe or life events impacting mortality.
Interview: William Stovin, Markel International
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Amanda Blanc to join Aviva board
Former Zurich and Axa boss Amanda Blanc is to join Aviva as a non-executive director on 2 January, the insurer has confirmed.
Axa achieves disability confident leader status
The Department for Work and Pensions has awarded Axa UK disability confident leader status.
Blog: What do Norwich Union and John McClane have in common? They Die Hard
The general public might still be split on whether Die Hard is a Christmas movie or not. Jonathan Swift wonders if the resurrection of Norwich Union will prove just as divisive.
Aviva’s revival of Norwich Union a one-off
Aviva’s decision to bring the Norwich Union brand back into the public sphere is a one-off with no plans to use it on more “propositions or policies”, the insurer has confirmed.