News
Cooter completes half of portfolio with Qlaims chair role
Former Covéa Insurance commercial lines and high net worth director Simon Cooter has taken on the non-executive chair role at Qlaims, the holding company of technology provider Qlaimstech and managing general agent Qlaims Insurance.
Beazley looks to raise £247m through share placement
Beazley hopes to raise £247m through the placing and subscription of new shares representing 15% of the insurer’s existing issued share capital.
Insurance sector targets £100m with Covid-19 charity launch
The UK insurance and long-term savings industry has launched the Covid-19 Support Fund with £82.5m of its £100m target already pledged to help people hit hardest by the crisis.
Hiscox accused of confirming businesses' coronavirus cover then rejecting claims
Some businesses that have had coronavirus-related claims rejected by Hiscox were told in writing prior to lockdown that they would be covered, according to an action group challenging the insurer.
Axa’s Garance Wattez-Richard wins inaugural Geneva Association Women in Insurance Award
Axa Emerging Customers CEO Garance Wattez-Richard has won the first annual Geneva Association Women in Insurance Award for her work to tackle the insurance protection gap in emerging markets and protect underserved populations.
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes during the coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Danuta Gray appointed DLG chair
Danuta Gray, non-executive director and chair of Direct Line Group’s remuneration committee, will succeed Mike Biggs as chair of DLG on 4 August 2020.
Hiscox Action Group to launch £40m arbitration claim 'within days'
An action group of 400 Hiscox business insurance policyholders is to launch an “expedited arbitration claim” against the insurer worth almost £40m.
Zego trialling sales with brokers
Zego is in trials on selling its usage-based motor policies in partnership with brokers, co-founder and CEO Sten Saar told Post.
FCA invites broker and policyholder input as it builds BI test case
The Financial Conduct Authority has invited policyholders and brokers with unresolved Covid-19-related disputes with insurers over business interruption polices to put forward their arguments for why claims should be paid.
Zurich expects $750m Covid-19 hit
Zurich has predicted a $750m (£614m) property and casualty hit over the course of the year due to the coronavirus pandemic.
This week: More questions than answers
This week started out with more questions than answers as Prime Minister Boris Johnson announced his plans to 'actively encourage' those who hadn't been able to go to work through the lockdown back into the workplace albeit with some heavy caveats.
Allianz confirms John Berry as CRO
John Berry has been appointed chief risk officer for Allianz Holdings and Allianz Insurance having held the role on an interim position since the start of the year.
Acturis reports 10% dip in platform use during pandemic as it picks up Partners& business
Activity across Acturis’ software platform has reduced by 10% during the coronavirus pandemic, Acturis co-CEO Theo Duchen told Post as he detailed the company's Partners& technology supplier win.
Expertise in Audio 3: From business operation to customer relationship – changes expected in the next three years?
Martin Milliner, claims director at LV, and Stephanie Ogden, director of distribution at HDI Global, join Insurance Post's content director Jonathan Swift to discuss what the future of working in insurance and dealing with customer looks like.
Regulator to require payment deferrals for insurance customers from Monday
The Financial Conduct authority has confirmed temporary measures aimed at helping insurance customers who find themselves in financial difficulty due to the coronavirus pandemic, including requiring payment deferrals.
Government urged to consider safety ahead of e-scooter trials
The UK government has been urged to “err on the side of caution” when dictating the rules of e-scooter trials next month.
Covid-19 will cost insurance industry $203bn, says Lloyd's
Lloyd’s of London has forecast that Covid-19 will cost the insurance industry $203bn (£166bn) in underwriting and investment losses, putting the pandemic on a par with century’s most catastrophic hurricane seasons.
Take part in Post's latest Insurance Resilience Survey
Post invites industry professionals to take part in our latest Insurance Resilience Survey.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Claimant firms gear up for EL claims as employers rush workforce back after lockdown
Lawyers have warned that insurers could face an influx of employers' liability claims after the government changed it stance and is actively encouraging those who can’t work from home to return to their workplace following an easing of coronavirus…
Interview: Pool Re CEO Julian Enoizi
Pool Re boss Julian Enoizi spoke to Post senior reporter Emmanuel Kenning about Pandemic Re, the Office for National Statistics change in the terrorism reinsurer’s classification and using its funds to pay for business interruption claims in the…
Ardonagh’s Paul Dilley heads for RSA
RSA has appointed Ardonagh’s Paul Dilley as UK and international chief underwriting officer replacing Adrian Sweeney who is emigrating to New Zealand.
Enoizi counsels against using Pool Re to pay for coronavirus BI claims
Using Pool Re’s £6.6bn fund to pay coronavirus business interruption claims would not be the greatest idea, CEO Julian Enoizi told Post as part of an exclusive interview.