The Chartered Insurance Institute has urged regulators to take caution as they adopt an increasingly data-driven approach to policing the financial services sector, warning “digital breadcrumbs” can’t replace human insight.
For an industry that strives to understand and manage risk, uncertainty is not something that is relished. But with some market hardening, a final report from the Financial Conduct Authority on pricing practices and the possibility of Brexit all on the…
Financial services firms have slowed down or paused their Brexit preparations, but "significant work" still remains over business transfers, EY has warned.
Smart technologies are increasingly part of our daily lives, argues Scott Kennedy, managing director of Swinton, as EY’s latest digital home report reveals almost a quarter of UK households now own a voice-controlled device, while 9% have smart security…
Our neighbours in France may have hit their highest ever recorded temperature this week as the heatwave that struck Europe saw schools closed, but Post revealed motorists holidaying there will not be able to claim compensation if they are struck by an…
Major financial services firms had spent nearly £4bn preparing for life after Brexit as of 31 May, according to EY.
Insurers are coming under increasing pressure to develop new ways of pricing. But, while data and technology hold the key, insurers face some significant challenges as they move to this brave new world.
In anticipation of the new discount rate announcement, expected by 5 August 2019, many insurers have already started to price and reserve at 0%
Insurers may be forced to implement their no-deal contingency plans due to political uncertainty arising from yesterday’s Commons vote.
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
A self proclaimed ‘little gem’, Sabre literally went public last year with a London Stock Exchange listing. Jonathan Swift caught up with the management team to get under the bonnet of the non-standard motor insurer
The UK’s financial industry completed 83 M&A deals during the first half of this year, with insurance M&A totaling at £4.5bn.
The motor insurance market has reported its best underwriting result in over 20 years, according to EY.
The Big Four audit firms have seen a fall in quality in the past year owing to a “failure to challenge management”.
Outdated static rating factors and underwriting losses mean the marine market is ripe for disruption. Technology, including, blockchain is set to shake up the sector.
The Post team is feeling proud this week, having not just reached our fundraising target of £500 for our charity run through mud but having exceeded it well before deadline date. Thanks to all that have supported us so far.
The UK specialty insurance market suffered the costliest year on record in 2017 as natural catastrophe activity took its toll on underwriting performance.
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
What next after the UK ruled out maintaining passporting within the European Union?
Philip Hammond has said there is no reason that the UK financial sector cannot be part of a free trade agreement post Brexit.
Christopher Hess, formerly the business development director at Lloyds Banking Group's insurance arm has joined management consultancy Oxbow Partners.
The London and International Insurance Brokers’ Association and EY have published a report to address uncertainty regarding the ability of intermediaries to place and service European risk from the UK post-Brexit.
The year started with an executive merry-go-round but this week proved that less senior people were also liable to redundancy, as it was revealed that a total of 480 jobs are at risk as a result of the LV/Allianz deal.
Compre’s Nick Steer will step down as CEO of the business, effective from March 2018.