Commercial
Markel names Wilson as Stovin's successor
Markel has appointed Simon Wilson as the next president of its international insurance division, succeeding William Stovin.
Competitors see opportunities as Aon-WTW delay risks leaving the brokers in 'no man’s land'
Further delays to the Aon-Willis Towers Watson merger caused by the decision by the US Department of Justice to file a civil antitrust lawsuit to block the transaction will lead to opportunities to snap up staff and clients, according to UK brokers.
Editor's comment: Here's to a better second half
We had high hopes for 2021. We were keen to see the back of 2020 which brought with it a global pandemic, toilet roll hoarding, national lockdowns, home schooling hell, business interruption court cases, a ban on sports, enforced staycations, and yet…
Hiscox settles arbitration with business interruption action group
Hiscox has reached a settlement in arbitration proceedings brought against it by an action group of businesses for business interruption losses suffered during last year’s first coronavirus lockdown.
Blog: The mega carrier conundrum
The grounding of the Ever Given in the Suez Canal highlights the need for greater regulation and risk management of mega carriers, blogs Captain Michael Barrass, RSA marine risk management consultant.
Carnegie-Brown: Every conversation should be about sustainability, climate and inclusion
Lloyd’s chairman Bruce Carnegie-Brown urged that “every conversation” should be about sustainability, climate and inclusion as the insurance industry partnered with the Prince of Wales for his Sustainable Markets Initiative Insurance Task Force.
Past presidents call on PFS members to vote against CII AGM proposals
Four past presidents of the Personal Finance Society are among those that have put their names to a website urging members to vote against elements of the Chartered Insurance Institute’s upcoming annual general meeting, as the rows over deregistering the…
Prince of Wales launches sustainable insurance task force; Aviva joins forces with WWF; Ford links up with By Miles; and LV reveals PI panel
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Interview: Bruce Goodbrand and Kevin Shevlin, Forum of Insurance Lawyers
Forum of Insurance Lawyers Scotland chair Bruce Goodbrand and Northern Ireland chair Kevin Shevlin spoke to Post about how different arms of Foil work together to address the issues the industry is facing and also learn from one another.
FCA Google Ad spending tops £2m in less than three years
A Freedom of Information request by Post has revealed that the Financial Conduct Authority spent over £240,000 on Google Ad words in the first four months of the year, taking the bill since 2019 over £2.1m.
Analysis: Tackling the Covid-19 business interruption surge
Insurers have paid out final settlements or interim payments on more than 20,000 business interruption claims related to the Supreme Court's January verdict, with Financial Conduct Authority figures and broker testimony suggesting that payout processing…
A-Plan targets £1bn GWP within four years
A-Plan Group is aiming to break the £1bn gross written premium barrier within the next four years, CEO Carl Shuker told Post.
Headwind concerns drive European insurers to consider business sales
European insurers are increasingly look to divest parts of their business in the wake of the pandemic, a survey of chief financial officers conducted by rating agency Moody’s has found.
Hiscox BI claims process 'beginning to work' says Masojada as insurer plays catch up
Exclusive: Hiscox CEO Bronek Masojada spoke to Post about the insurer's business interruption claims handling, sharing details on its 200-strong claims surge team, why it was a 'bit slow in getting going', and shedding light on its collaboration with…
Towergate’s Iain Laws on health as a business risk and resetting the benefits conversation
Iain Laws, CEO of Towergate Health & Protection, examines how insurers and the health industry have responded to the pandemic with new products and services, the shift in employee expectations and how health risks have gone up business leaders’…
Intelligence: Political risk and the pandemic
Covid-19 has already raised tensions between countries and a fragmented exit from the pandemic could test relations further, putting more pressure on businesses. Supply chains remain disrupted and global businesses fragmented. Post investigates what this…
Post LIVE: Addressing digital and evolving customer needs
It is "crucial" that customers' digital needs continue to be supported as lockdown eases, insurers mooted at the Post Live annual conference.
Aegis launches assailant parametric product; Amicus in MBO; Davies buys two; and Vitality Car launches
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: Why it’s important for insurance firms to prioritise social mobility
Social inequality increased during the pandemic. Kieran Jones, director of client relationships at Weightmans and member of the board of directors at the Insurance Industry Charitable Foundation, explains what the industry can do to help.
Post LIVE: Insurance needs to get rid of 'Shakespearean language' to build back trust
The key for the insurance sector to build back trust with consumers is ensuring wordings are clear and make sense, George Beattie, head of incubation underwriting at Beazley told viewers of the Post LIVE annual conference today.
Protection gap must be tackled by public sector and insurance collaboration, IDF conference hears
In order to close the protection gap the industry and the public sector must work together, CEOs and leaders have urged.
Tackling climate change top of ABI agenda, says Huw Evans
The Association of British Insurers has been working hard on an industry roadmap for tackling climate change and is aiming to publish its findings on 7 July, director general Huw Evans told the audience of the Post LIVE annual conference.
Insurance and banking can learn 'from each other' on customer journeys: Axa's Tara Foley
Major industry challenges are not “unique” to insurance, Axa retail CEO and former Bank of Scotland managing director Tara Foley told a Post conference.
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