Hiscox
Allianz's counter fraud head James Burge departing for Hiscox
James Burge, Allianz UK’s head of counter fraud, is leaving the insurer to take up a global role at Hiscox, Insurance Post can reveal.
Women working in insurance earn 20% less than men
Gender pay disparities in the insurance industry continues to stubbornly persist, with virtually no companies reporting on whether an ethnicity pay gap exists.
Claims service continues to improve
The trend of overall improvement in claims service seen in the UK market continued in the second quarter of 2024.
Hiscox’s employee security cover; Markel adds legal expenses; Outbacker’s app
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Which? reveals insurer premium finance APRs
Research conducted by Which? has found that several motor and home insurers are charging what the consumer watchdog called “excessively high levels of interest on monthly payments.”
Make-up of the insurance industry in 2024 revealed
Insurance Post’s 2024 Census shows women have smashed through the industry’s glass ceiling, and most employees are only going into the office on Tuesday, Wednesday and Thursday, post-pandemic.
Lloyd’s explains how diverse talent initiative will work
Lloyd’s head of culture Mark Lomas has outlined how the Inclusive Futures education and workplace initiatives will operate in practice.
Tributes paid to Jonathan and Judy Bloomer
Tributes have been paid to Hiscox chair and former Prudential CEO Jonathan Bloomer, who was among those killed when a yacht sank in the Mediterranean earlier this week.
Hiscox chair Bloomer confirmed dead in yacht tragedy
Italian authorities have recovered the bodies of Hiscox non-executive chair Jonathan Bloomer and his wife Judy from the wreck of a sunken yacht off the coast of Sicily.
Hiscox chair and wife among missing yacht passengers
Hiscox chair Jonathan Bloomer is among six people missing following the sinking of a superyacht of the coast of Sicily on Monday.
Aviva’s Storah reveals what to expect next from the provider
Aviva UK&I general insurance CEO Jason Storah, along with his chief financial officer Stephen Pond, share what lines they expect to grow the most in the latter half of 2024 and outline their approach to pricing as inflation heads closer to 2%.
Hiscox outlines growth plan for rest of 2024
Marine, energy and retail markets were identified as having great potential to further bolster Hiscox’s profits in the latter half of this year.
Which? demands FCA action over ‘widespread’ claims-handling failures
Consumer champion Which? has launched a new campaign to end “the insurance rip-off” and has called on the Financial Conduct Authority to take tough action against claims handlers who fall short of the regulator’s required standards.
MP’s accusation of insurers being racist that you should be aware of
Editor’s View: If the insurance industry truly wants to attract more Black, Asian and minority ethnic minority individuals, Emma Ann Hughes argues it must do a better job of proving it isn’t racist.
2024 Claims and Fraud Awards shortlist revealed
The shortlist can today be revealed for the 2024 Insurance Post Claims and Fraud Awards.
Big Interview: Bob Thaker, Sompo
Bob Thaker, Sompo's UK CEO, sits down with Insurance Post to discuss the insurer’s plans to rapidly become one of the top players in the UK market, serving clients from the corporate level right down to SMEs.
Hiscox share price surges amid sale speculation
Hiscox’s share price surged by more than 14% on Monday (8 July) following a report of a possible sale of the insurer.
How insurers keep Formula 1 motors running
With Formula 1 in full throttle at Silverstone on Sunday (7 July), Edmund Tirbutt examines how insurers support the motorsports industry.
Instanda CEO 'taken aback' by rival tactics
Instanda CEO Tim Hardcastle has claimed “established” insurtech providers are far from “fair and open” when competing with his business for deals with major insurance companies.
Q&A: Nigel Walsh, Google Cloud
Nigel Walsh, global head of insurance at Google Cloud, explains how insurance is moving from predict to prevent, and shares why providers will fall into two buckets when it comes to artificial intelligence over the next 12 months.
Hiscox uses AI to slash underwriting from three days to three minutes
Hiscox has shortened its lead underwriting journey for the London Market sabotage and terrorism book from three days to three minutes through the use of generative artificial intelligence.