Commercial
Is litigation liability insurance now essential for executives?
As periods of financial distress can often lead to increased instances of non-performance of contract obligations, Edmund Tirbutt examines whether litigation liability insurance could be set for a boom.
Blanc wants Aviva to persist as ‘massive voice’ on sustainability
Aviva CEO Amanda Blanc has said she hopes to continue to use the insurer’s voice to push for the “sustainability agenda.”
Cyber insurance claims trends revealed
Data analysis: Claims statistics from cyber insurer Resilience shows transfer fraud and vendor data breach are far greater causes of loss than ransomware.
Diary of an Insurer: Fortegra’s Debbie Calderbank
Debbie Calderbank, chief operating officer of portfolio risks at Fortegra Europe, prepares to expand lines of the specialty insurer’s underwriting capacity and gets addicted to Kevin Costner drama Yellowstone.
Court opens door to many more Covid BI claims with ‘at-the-premises’ judgment
Hundreds of thousands of policyholders, who until now have been left uncompensated for pandemic losses, may be due payouts, following a Commercial Court judgment on ‘at-the-premises’ disease clauses.
Wahaca echoes Corbin & King argument in latest Covid BI battle
Mexican restaurant chain Wahaca is seeking tens of millions of pounds from insurer QIC Europe in the latest Covid business interruption suit to hit the courts.
View from the top: Direct Line Group’s Steve Williams on how EVs could change the insurance industry landscape
Steven Williams, head of EV strategy at Direct Line Group, shares his views on how the electrification of the automotive industry could change the insurance landscape and what challenges lies ahead as we move towards the government’s 2030 ban on new…
Extent of insurers underpaying women exposed
Data Analysis: Data shows the parts of the insurance industry where women are most likely to be earning less than their male counterparts plus what action is actually closing the gender pay gap.
Diary of an Insurer: Markel’s Josh Brown
Josh Brown, head of technology PI at Markel International, proves working in insurance can be fun and games by talking to brokers about a product created for video game developers as well as spending time playing with his two young sons.
Insurance Post Podcast: Multi-occupancy buildings insurance after Grenfell
Six years on from the deaths of 72 people in the Grenfell Tower fire in London, Insurance Post can reveal the industry’s scheme to reduce the cost and risk of living in multi-storey buildings will go live this summer.
Insurtech Lukango seeks to shake up UK SME market with Markel tie-up
Startup Lukango is looking to revolutionise the UK microbusiness market by replicating $4bn insurtech Next's stateside success this side of the Atlantic.
Court of Appeal to examine aggregation and furlough issues in Stonegate appeal
Questions on aggregation and furlough that could alter the size of Covid business interruption payouts by tens or hundreds of millions of pounds are set to be revisited by the Court of Appeal later this year.
Simon McGinn to step down as Allianz Commercial CEO
Simon McGinn, chief executive of Allianz Commercial, is set to step down on 1 July, the insurer announced.
Best Insurance Employer – 2023 BIA shortlists revealed
We can today reveal the 12 firms that have been shortlisted for the two Best Insurance Employer categories at the 2023 British Insurance Awards.
Interview: James Dalton, MIB
In his first interview since joining the Motor Insurers’ Bureau as chief services officer, and two years after the introduction of the Official Injury Claims portal, James Dalton chats to Pamela Kokoszka about how he is taking on the challenge to remove…
Court slices Pizza Express’s Covid BI claim
Pizza Express’s hopes of winning a payout in the tens of millions for Covid 19-related business interruption losses have been dashed by a High Court judgment.
View from the top: Aon’s Walia on making better decisions in uncertain times
Elisha Walia, UK chief of staff and director of UK public affairs at Aon, outlines the chronic risks that businesses need to face up to if they are to thrive in the years ahead.
NFU Mutual catches fraudster who tried to claim £54K for gardening
An insurance fraudster who tried to claim £54,000 for 40 years’ worth of gardening was found fundamentally dishonest by a judge and added to the insurance fraud register.
Insurance Post Podcast: Raising the bar for cyber cover
Cyber insurers can’t rely on understanding the risks that were faced by businesses in the past to underwrite the right level of cover for the future, according to Aviva’s head of cyber Stephen Ridley.
Could technology cause more to self-insure?
Edmund Tirbutt examines how the centuries-old insurance sector is using technology to shift from handling claims to focus on changing customer behaviour to reduce their risks.
Cyber insurance market set to double in size
The global cyber insurance market is forecast to grow from $16.7bn (£13.4bn) in direct written premiums in 2022 to $33.4bn in 2027, according to Global Data.
Diary of an Insurer: Financial and Legal Insurance's Karen Beales
Karen Beales, managing director of Financial and Legal Insurance Ltd, reveals she gets hangry if she isn't fed on time, loves walking her two border terriers and learns about data security in risk management.
Ecclesiastical boss aims to double size of business
Richard Coleman, managing director of Ecclesiastical, reveals how he plans to double the size of the insurer’s business in the next few years as part of the provider’s mission to “give more to good causes”.
Is it time to start lobbying the government to help insure SMEs?
News editor's view: Despite business insolvencies increasing year-on-year, SMEs are still not taking out insurance and, when they do, they often remain underinsured. Is it time for the government to step in?