Podcast: How climate change is transforming insurance

Flood Re’s Laura Evans, LexisNexis Risk Solutions’ Heikki Vesanto, Woodgate & Clark’s Glyn Brookes-Humphrey together with Insurance Post’s Scott McGee

Climate change means the areas impacted by subsidence will double by 2050, and double again by 2080, Heikki Vesanto, manager for GIS data science at LexisNexis Risk Solutions, has warned.

In the latest Insurance Post Podcast, Vesanto said 6% of properties in Great Britain are at risk of subsidence, but that is going to increase to about 20% by 2080.

£2.5bn

In France, the

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CII criticises insurers' profiting from premium finance

The Chartered Insurance Institute has questioned the ethics of making money from customers who pay monthly for insurance after Which? found several motor and home insurers were charging what the consumer watchdog called “excessively high levels of interest”.

Big Interview: Mark Bailie, Compare the Market

Mark Bailie, CEO of BGL Group, the owner of Compare the Market, sits down with Scott McGee to talk about the 'bad bank' at RBS, achieving ‘perfect’ price and product comparison, and his plans for the business moving forward.

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.”

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