Commercial
Blog: Lloyd's vs company markets
Roshan Choolhun, head of Exponential, part of Aventum Group, considers what the best option is for managers and general agents in terms of company markets or Lloyds, and looks at the pros and cons of both for when MGAs need to place capacity.
Das UK partners with Admiral; IFB partners with GIFC and Ifed; Canopius names head of change
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Malcolm Hyde, Aviva, DACB, HF, NFU Mutual, Sedgwick and Zurich big winners at the Claims and Fraud Awards
Law firm HF took home three awards at the Claims and Fraud Awards last night, at an event that saw former Chartered Institute of Loss Adjusters executive director Malcolm Hyde, pictured, pick up the Achievement Award.
IIL and Marsh’s Chris Lay calls on the industry to create a more resilient world in these turbulent times
The industry’s responsibility to encourage greater resilience comes hand-in-hand with imperatives around recruiting and retaining talent, and embracing and implementing technological solutions, argues Christopher Lay, president of the Insurance Institute…
Insurers defend approach to transitioning businesses following Ferma criticism
Insurers have defended their approach to providing cover to companies undertaking Net Zero transitions following criticism from the Federation of European Risk Management Associations.
Campaigners call on insurers not to cover expansion of one of the world's biggest gas projects
Reclaim Finance has called for insurers of the Ichthys liquified natural gas project not to renew the coverage.
US cyber MGA Resilience makes play for UK mid-market business
Cyber managing general agent Resilience will look to establish a presence in the London market before setting its sights on UK regional business, international chief underwriting officer Kyle Bryant tells Post.
Motor insurers and credit hire companies agree maximum daily settlement rates
Motor insurers and credit hire companies have signed an interim agreement on increasing certain hire rates to enable both sides to navigate their way through the current challenges in the motor claims supply chain.
Hunt appointed CFO of HDI Global UK and Ireland
HDI Global has appointed Simon Hunt as CFO for its UK & Ireland branch.
FCA highlights shortcomings in insurers' handling of BI claims as sum paid out hits £1.5bn
The Financial Conduct Authority has identified key areas where firms did not meet its expectations regarding fair treatment of customers when dealing with their business interruption claims.
Zurich’s Anita Fernqvist says companies should look inwards to fill the skills gap
Anita Fernqvist, chief operating officer at Zurich UK, argues that in the face of a competitive job market and skills shortages, insurance companies need to redouble their efforts to provide rewarding career pathways and healthy work-life balance.
Blog: Deploy digital technologies and AI to close up the climate protection gap
As climate change having a potential of wiping out $20trn worth of assets, Mark Fry, global strategic business development director at Atos Financial Services, considers how the insurance industry can close the climate protection gap by using both new…
Acrisure acquires CRK; Sian Fisher's next move; Premium Credit hire personal lines and e-trade director
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Markerstudy's Clare Lunn is set to lead the charge against opportunistic fraud
As the threat of opportunistic fraud rises in the face of the deepening cost-of-living crisis, Clare Lunn, Markerstudy’s head of counter fraud, calls on the industry to join together to continue to tackle this crime and the fraudsters behind it.
Interview: John O’Roarke and Ronan McCann, HF (formerly Horwich Farrelly)
Having overseen a name change from Horwich Farrelly, CEO Ronan McCann and chairman John O’Roarke explain how the rebranded HF is shaping up for a future of diversification, M&A and staff ownership as it looks to become the Admiral of the legal sector.
Trade Voice: LMA’s Sheila Cameron explains why the Data Council's digital drive is a breakthrough for the industry
Sheila Cameron, CEO of the Lloyd’s Market Association and chair of the London Market Group’s Data Council, reflects on the efforts to foster digital trading in the London market and what the industry stands to gain from leaving analogue processes in the…
RSA targets market-beating 'low 90s' combined ratio by 2025
RSA has set out plans to achieve a “low 90s” combined ratio and surpass £3bn in premiums by 2025.
Analysis: Re-merging the financial sector regulators
In 2013, Financial Services Authority was dissolved, and regulation responsibility was split between Financial Conduct Authority and Prudential Regulation Authority with intention it will create a more effective regulation of financial services. Now the…
Telematics watch: How the technology is helping to shape EV insurance
Historically, telematics has been used to rate driver risk to bring down insurance. But the growing popularity of electric vehicles has created driver concerns for which telematics may have the answer. Igo4 CEO Matt Munro discusses how the technology can…
Upcoming webinar: Watch Scor and Ms Amlin discuss how operational automation can increase efficiency and boost profitability
Insurance organisations today are under more scrutiny than ever from auditors and stakeholders alike. In response, many continue to shift their efforts from the digital transformation of front-end functions to driving higher levels of efficiency and…
Intelligence: Inclusivity in insurance - enabling customers with disabilities
In the UK 14.6 million people are classed as disabled and more than seven million people of working age have a disability. David Worsfold investigates how the insurance sector is catering for this vulnerable community – and managing this mainstream…
Stubben Edge secures more funding; MS Amlin rebrands; Axa XL appoints chair
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Attempt to oust R&Q executive chairman Spiegel fails
R&Q executive chair William Spiegel will continue to lead the program management and legacy insurance business after a vote to oust him failed.
Analysis: Lloyd’s latest cyber directive paves the way for a cyber cat market
Mandated exclusions for state-backed cyber-attacks in standalone cyber policies issued at Lloyd’s could pave the way for a separate market for cyber war and catastrophe risks, executives have predicted.