Commercial
RSA moves to double professional indemnity business by 2026
RSA Insurance has launched an excess of loss product – the first in a phase of launches as it aims to double the size of its professional indemnity business by 2026.
Trade Voice: CII’s Matthew Connell on how the industry measures up on Consumer Duty outcomes
Dr Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute, says the trade body’s outcome monitoring suggests insurers and brokers are in a good place ahead of the Consumer Duty deadline.
Big Interview: Ecclesiastical’s Richard Coleman
Richard Coleman, managing director of Ecclesiastical, shares his growth plans for the provider and how the insurer’s reach is going far beyond protecting the steeples of this land.
Surveyor sounds alarm over £2.2bn insurance gap
More than a third of buildings surveyed by valuation specialists Charterfields have been underinsured by over 50%, the firm revealed in a report.
View from the top: MS Amlin’s Martin Burke on the future of underwriting
Martin Burke, director of underwriting performance at MS Amlin, reflects on the market in 2023 and outlines the three considerations that will define how the future generation of underwriters supports clients and brokers through economically challenging…
Best Insurance Employer: Allianz
Allianz was rated a five-star place to work in this year’s Insurance Post Best Insurance Employer list, thanks to the provider’s returners programme, trans policy and race at work training.
Best Insurance Employer: Pen Underwriting
Pen Underwriting achieved a four-star rating in this year’s Insurance Post Best Insurance Employers list, with staff praising managers they can respect and trust.
Best Insurance Employer: RSA
RSA was praised by employees, earning the insurance giant a three-star rating in this year’s Insurance Post Best Insurance Employer list.
Best Insurance Employer: HSB
HSB was rated five stars in this year’s Insurance Post Best Insurance Employer list, and is stepping up diversity and inclusion work to climb to the top of future rankings.
Claims handlers' errors put Zurich on the hook for uncovered Covid claims
The Commercial Court has told Zurich it is obliged to indemnify a student travel company for Covid cancellation refunds, even though the refunds fell outside the scope of its policy.
Diary of an Insurer: Charles Taylor Adjusting's Adam Donovan
Adam Donovan, head of major loss at Charles Taylor Adjusting, heads to Vietnam to help a hotel resort damaged by typhoons and manages to buy some souvenirs for his children.
Michelle Taylor joins Aviva from Zurich in commercial lines and distribution reshuffle
Aviva has announced a raft of changes to the structure of its commercial lines and distribution leadership teams, including four new hires.
Only 1% of Ukraine war property damage insured
BPL Global founding director Charles Berry has predicted that only 1% of property damage caused by the war in Ukraine will be covered by insurance,
Former colleagues heap praise on BIA Achievement winner Amanda Blanc
This year’s British Insurance Awards achievement winner Amanda Blanc has been described as an "outstanding strategy executor," "principled," and "the best boss I ever had," by those who know her best.
Aviva, Crawford, Zurich and Amanda Blanc triumph at 2023 British Insurance Awards
Aviva was among the big winners at the British Insurance Awards 2023, on a night when its group CEO Amanda Blanc took home the Achievement Award.
Covéa’s commercial director Callan exits
Covéa Insurance’s commercial lines director Carrolyn Callan has announced that she has left the company with immediate effect, Insurance Post can reveal.
Chaucer reports surge in interest in civil unrest cover
Chaucer has received double the volume of inquiries for strikes, riots and civil commotion clause cover from just one broker year-on-year.
Insurers are helping the advanced air mobility sector to take off
Edmund Tirbutt examines how the insurance industry is helping the advanced air mobility sector create new aircraft to ensure the safe, quick, affordable and sustainable movement of people and goods.
Five insurers given green light to appeal Excel Centre BI judgment
Five insurers have been given permission to appeal last month’s Commercial Court judgment on ‘at-the-premises’ business interruption claims, with only RSA accepting the outcome.
Zurich CEO Bailey named ABI president
Tim Bailey, UK CEO of Zurich, has been named as the new president of the Association of British Insurers, with Clare Bousfield, chief executive for retail and savings at M&G, becoming deputy president.
Greggs and Zurich settle Covid BI claim dispute
Greggs has settled its business interruption dispute with Zurich, according to a court order issued last week.
Ecclesiastical expands reach to modern leisure venues
Ecclesiastical is expanding its leisure product to include modern properties, Insurance Post can reveal.
Intangic boss calls MGAs the R&D of cyber insurance
The managing general agent model allows the insurance industry to more easily draw on cybersecurity expertise from outside the sector, according to Intangic CEO Ryan Dodd.
Intelligent AI aims to slash commercial property underinsurance
Anthony Peake, CEO of Intelligent AI, intends to launch a reinstatement platform that aims to slash commercial property underinsurance.