Commercial
Spotlight: Cyber - Small businesses need cyber insurance now more than ever
There’s a growing market need for cyber insurance for small and midsize businesses, but too few insurance providers offer policies — and that should change.
Spotlight: Surety Bonds - Surety guarantee, bank guarantee, or letters of credit – which should I use?
Supply chain problems. Labour shortages. Inflation. The war in Ukraine. All of these have created more economic uncertainty than anyone could have predicted. The result - as David Chandler writes - is more governmental entities and private companies are…
Spotlight: Surety Bonds - The importance of bonds and guarantees and their effect on the UK construction market
Uncertainty is difficult to navigate for many companies and, in the face of several ongoing and escalating challenges, Edward Murray finds the construction sector is leaning more on the use of surety bonds to create certainty in turbulent times.
Cyber Cube inks deal with Kroll to access 'frontline intelligence' during cyber catastrophes
Cyber Cube has struck a deal with risk consultancy Kroll that will give it access to “frontline intelligence” during unfolding cyber catastrophes.
Analysis: What factors are driving the rise of consolidation in the legal sector?
Post investigates the reasons behind the consolidation surge in the legal sector after Clyde & Co and BLM become the latest law firms to merge.
Data Analysis: Awareness campaign needed for drivers before accelerating introduction of AVs
Exclusive: A survey commissioned by Post found there are significant gaps in knowledge when it comes to self-driving vehicles, prompting calls for more education of drivers on the distinction between driver assistance and self driving.
Briefing: Can’t we all sit down over a nice cup of tea on multi-occupancy insurance?
I once had a dispute with my neighbour over some work we had had done on our boundary line.
Data Analysis: Q1 results round-up - Aviva, Beazley, Direct Line, Hastings, Hiscox, Lancashire and Sabre
Insurance Post rounds up the first tranche of quarter one results from a host of major insurers.
Real estate providing growth opportunities for regional brokers, finds Ecclesiastical
A revived real estate sector is providing regional brokers with opportunities to grow, research conducted by Ecclesiastical has found.
Trade Voice: Installing EV charging points on ferries should be resisted, says London Foil
Facilitating electric vehicles being charged at sea presents a risk that the marine insurance market could do without, argues Forum of Insurance Lawyers CEO Laurence Besemer and London Foil marine sector focus team member Captain John Owen.
The Pandemic has forged ‘higher levels of trust’ in insurance, but ‘visibility’ is needed around cover
Consumers and businesses have come to appreciate the importance of insurance more as a result of the pandemic, but believe policy language should be simplified.
Leadership changes as RSA brings customer operations and claims together
RSA has changed its leadership team as it brings customer operations and claims together to create a single function.
Capgemini: only 8% of insurers 'Resilience Champions'; Allianz mulls Home & Legacy disposal; CII reports £4.4m deficit; and Questgates buys
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Lloyd’s stresses humanitarian response to Ukraine crisis as the aviation market faces complexity of the loss without 'precedent'
Chief of markets Patrick Tiernan called for sympathy for Ukraine in a “tragic situation with devastating human consequences” as he admitted aviation losses would take some time to resolve.
Corbin & King verdict leads to ‘dusting off’ of BI claims as Premier League teams issue court action
The legal sector is revisiting business interruption claims that might have been mothballed after the Financial Conduct Authority Test case as the Corbin & King verdict reopens the possibility of policyholders being able to bring claims under their non…
Howden's Peter Blanc on how to manage the consumer duty challenge
With the Financial Conduct Authority's Consumer Duty just around the corner, Peter Blanc, executive chairman of Howden UK & Ireland, believes professional advice will be the only way that customers can ensure they will know what they are buying.
Brokers can play key role in Net Zero transition, says Allianz's Dixon
Brokers can play a key role in encouraging businesses to transition to Net Zero, Allianz chief underwriting officer Catherine Dixon has told Post.
QBE weighs changes to regional footprint as brokers demand greater ‘visibility’
QBE is looking to plug a “gap” in its regional footprint as a result of feedback from brokers, its executive director for UK insurance Chris Wallace has told Post.
Brokers need to help clients avoid the trap of underinsurance, says Allianz' McGinn
With economic volatility and inflation being the biggest challenges facing brokers at the moment, brokers need to sit down with their clients and ask the right questions to avoid them falling into trap of underinsurance.
Blog: Supporting brokers in navigating the challenges of PI market
The professional indemnity classes continue to test the resolve of underwriters. Nic Brown, divisional director of broker at Markel UK, says insurers have to continue to support brokers and clients despite the challenges the risks present in the current…
Motor semiconductor chip shortage crisis expected to be solved in the second half of the year
Volvo CEO Jim Rowan expects the semiconductor chip shortage crisis facing the motor manufacturing market to be solved in the second half of the year.
Qlaims appoints David Williams as NED
David Williams has joined managing general agent and insurtech Qlaims as a non-executive director.
Intelligence: Is the government doing enough to drive out distraction on the roads?
The government recently closed a loophole in the legislation on driving with mobile phones. Sam Barrett finds that while the changes are welcome, there are concerns that the law does not go far enough, and legislation needs to be tougher still
Leadership changes at Markel as co-CEO Whitt is set to retire next year
Markel is making a number of senior leadership changes at the company as co-CEO Richard Whitt confirms he will retire next year after 31 years with the company.