Analysis: Tom Luckham explains why the European Union's Corporate Sustainability Reporting Directive is pushing motor insurers towards even greater use of green parts.
The Prudential Regulation Authority has warned MPs that ditching Solvency II requirements will increase the risk of an insurer going bust and the taxpayer being forced to pick-up the bill.
In a landmark test case at the European Court of Justice, auto repair firms are disputing the right of original equipment manufacturers to gatekeep access to a car’s onboard data stream.
The Motor Vehicles (compulsory insurance) Bill, which looks to amend the controversial Vnuk Law, has passed through the Lords committee.
As Ireland emerges from the Covid-19 pandemic into a post-Brexit world, David Worsfold explains that after addressing past regulatory failures, and now looking to make personal injury reforms, the Irish insurance market is currently looking forward and…
The controversial Vnuk law, which could have created an extra £2bn a year of costs for the insurance sector, is expected to be axed by the end of June as Motor Vehicles Bill passes through House of Lords’ committee stage with no amendments.
There would be serious consequences for the insurance market if escalation of tensions between the major western democracies and China arose. David Worsfold asks, therefore, why insurance companies are burying their heads in the sand about the issue…
Telematics has created an acceptance of data sharing that paves the way for insurers and their customers to access the benefits from open banking data, argues Sara Costantini, managing director of Crif Decision Solutions.
Natasha’s Law has opened up a fresh range of risks for food businesses, while Brexit and Covid-19 have impacted product recall in other areas and ways. Post looks at what insurance cover is available for firms and what triggers they respond to
The Motor Insurers’ Bureau is to recommence legal action against the government over inaction on 'unnecessary' Vnuk costs.
Craig Harris, Criterion loss adjuster, reflects on the unique challenges of loss adjusting in Ireland.
With great power comes great responsibility and for insurers this is never going to be truer than when dealing with artificial intelligence. Post looks into how insurers are using AI ethically.
A second independence referendum raised its head again in the recent elections for the Scottish Parliament, Post investigates what this would mean for the UK insurance sector
UK insurers that have issued 'thousands' of green cards and created portals and communications to allow UK motorists to continue to drive abroad after Brexit have supported the proposals to remove green cards despite the money already spent.
Although environmental, social, and governance issues have been mentioned as far back as 2006 by the United Nations with other sectors seeing it incorporated into their financial evaluations, insurance is only recently picking up the buzzword. Post…
A Bill that aims to remove the effects of the European Court of Justice’s controversial Vnuk ruling from British law has been introduced to parliament.
Nearly six months after the UK left the European Union without any deal in place for its insurance and financial services sectors Post looks at how this story is playing out in terms of regulation and what the next six months might bring.
Trade Voice: Foil's Jennette Newman on the penalties facing firms that misfire on climate transition
As the world begins to really face up to climate change, Jennette Newman, president of the Forum of Insurance Lawyers and partner at Clyde & Co, warns that the regulatory, reputational and legal penalties for failing to transition a climate-friendly…
With no post-Brexit equivalence or passporting regime available to UK brokers, they have had to explore other avenues to continue to trade across the European Union. David Worsfold explores the options open to intermediaries and the benefits they can…
Many will have breathed a sigh a relief when the government finally agreed a trade deal with the European Union at the turn of the year. However, a few months on, the cost implications for escape of water claims are now becoming clear, argues Yuling Kao…