Commercial
Insurers favour internal talent for cyber team growth
Insurance companies are looking to double their cyber teams but are primarily focused on internal hiring, according to Cyber Insurance Academy CEO and co-founder Guy Simkin.
Atrium CIO backs AI for broker submission insights
The ability of generative artificial intelligence to provide insight from unstructured data in broker submissions is a key use case for underwriters, according to Atrium chief information officer Justin Emrich, who is soon retiring after 41 years in the…
How worldwide events transform war and terrorism cover
In the latest Insurance Post Podcast, Thomas Clayton, head of cyber for Zurich UK, CFC’s terrorism and sabotage team leader Harry Salmon, and Hugh Sparks, managing director for onshore energy and mining at Charles Taylor Adjusting, reflect on how the…
Increased Arctic shipping lane traffic heats up risks
As record numbers of commercial vessels and cruise ships make Arctic Polar Code journeys, Tim Evershed unpicks what this means for the insurance industry.
Dual brings together businesses under single UK brand
Dual has brought several of its subsidiary businesses together under a single UK brand, as part of a broader global rebrand.
Big Interview: Steve Tooze, Extinction Rebellion
Steve Tooze, spokesperson for climate pressure group Extinction Rebellion, tells Damisola Sulaiman about the group’s motivations for targeting the insurance industry, responds to questions from the companies his organisation has targeted and shares plans…
RSA appoints Intact Ventures MD Karim Hirji as CFO
Intact has appointed Karim Hirji – formerly managing director of its venture capital arm – as executive vice-president and chief financial officer of RSA UK & International.
Insurers to deepen ties with asset managers
Insurers will deepen their ties with alternative asset managers as they shake-up their investment portfolios in a bid to boost portfolio returns, according to Moody’s.
Diary of an Insurer: Tokio Marine’s Hiroyuki Ishijima
Hiroyuki Ishijima, head of marine hull and energy at Tokio Marine and Nichido Fire Insurance Co, examines ways to support Japan’s transition towards greener energy, contemplates maritime autonomous surface ships, and engages in American football chat.
Did Markerstudy just set a record for shortest GI CEO stint?
Content Director’s View: Jonathan Swift reflects on the shortest stints in general insurance hot seats this century and mulls whether the CEO of Markerstudy Distribution Ian Donaldson has just beaten the previous record holder, Brendan McCafferty.
Trueman leaves CFC following strategic review
CFC has announced the departure of its chief underwriting officer, Dan Trueman, a little over a year after he joined the company, following a strategic review of its structure.
RSA bags best underwriting result ‘in over a decade’
RSA made an underwriting profit of £172m last year, according to financial statements published by the insurer’s parent group Intact.
FM to step up European renewables focus
Commercial and industrial property insurer FM will step up its efforts to serve clients in the renewable energy sector in Europe this year, its UK operations manager has said.
Q&A: Jonathan Jackson, Previsico
Jonathan Jackson, CEO of Previsico, discusses practical uses of the firm's flood risk forecasting service and its primary areas of growth over the coming year.
Why PFAS is the greatest threat to insurance today
As “forever chemicals” become a growing focus of government regulation and a deluge of civil litigation, Emma Ann Hughes unpicks the potential impact of the manufacture and distribution of per and polyfluoroalkyl substances for the insurance industry.
Insurers on alert as government plans to change child sex abuse limitations
The government has put forward a bill to make it easier for victims of child sex abuse to gain an apology and to pursue historical claims in the civil court.
Cyber attacks to be given hurricane-like categorisations
The Cyber Monitoring Centre has announced that it will categorise cyber events affecting UK businesses with immediate effect, giving insurers a potential means of managing their exposure to systemic losses.
Allianz Trade’s Murrow to depart UK to take up Americas CEO role
Allianz Trade’s UK & Ireland CEO Sarah Murrow is set to leave her position later this year, to take up the reins at the trade credit insurer’s Americas business.
Bridgehaven’s Jewell’s verdict on Covéa CEO’s MGA decision
Paul Jewell, CEO of hybrid-fronting insurer Bridgehaven, has shared his thoughts on rival Georges de Macedo, CEO of Covéa Insurance, deciding his business won’t work with MGAs again.
Why getting business interruption cover right is more critical than ever
View from the Top: Laura Vickers, managing director of commercial lines at Gallagher in Ireland, explains what brokers need to do to ensure clients are protected with what is increasingly business-critical cover.
Throwback Thursday: Axa’s Asia adventure & GA attack
Insurance Post’s Throwback Thursday steps back in time to February 1995 to remind you what was going on this week in insurance history when Axa entered Asia and a man was cleared of trying to kill General Accident bosses.
Pen simplifies leadership structure ahead of MD’s retirement
Pen Underwriting has appointed Sarah Breslin as managing director of its new commercial UK & Ireland division.
LA blaze shows insurers must be agents of resilience
As the cost of fixing the damage done by the Los Angeles wildfires runs into billions of pounds, Rory Yates, global strategic lead at EIS, argues rather than retreat from risk claiming withdrawal is the only option, insurers must demonstrate every avenue…
Bridgehaven on course to hit £400m GWP
Eighteen months on from launching the UK’s first hybrid fronting insurer in the summer of 2023, Bridgehaven CEO Paul Jewell has revealed his business is on track to achieve £400m to £500m of gross written premium by the end of 2025.