Personal
Insurers face margin crush unless premiums are hiked
Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.
Efficient rehabilitation starts with understanding limb loss
Jason Chidwick, specialist rehabilitation case manager and amputee clinical lead at HCML, explains how personal injury professionals work with insurers to achieve the best outcomes for amputees.
Electric opportunities for total loss claims
Collaborative partnerships between insurers and replacement vehicle suppliers can help smooth the transition to zero emissions, as James Roberts, head of insurance sales for Europcar explains.
Winslow continues Direct Line management overhaul
Direct Line Group CEO Adam Winslow has continued his makeover of the insurer’s management team, appointing a new managing director of motor and chief strategy and investor relations officer.
Exploring the ethnicity penalty in insurance
As the insurance industry is once again accused of discriminating against individuals living in ethnically diverse areas, Aamina Zafar considers whether providers should do a better job of demonstrating racism isn’t a factor in pricing policies.
Mass’s Sue Brown on why the whiplash tariff should be reviewed annually
Trade Voice: Sue Brown, chair of the Motor Accident Solicitors Society, says annual reviews need to be introduced at the earliest opportunity to address the perhaps irreparable damage done by the 2018 reforms.
Insurance Post Power List 2024’s Top 10 Podcast
To find out who made it into the Top 10 of Insurance Post’s Power List for 2024, make sure you listen to the latest Insurance Post Podcast.
Power List: Ones to watch in insurance in 2024
Here are the ones to watch who narrowly missed out on a place in this year’s Insurance Post Power List, but based on their role, career to date and growing influence look set to feature in future rankings.
Steve Hardy, Policy Expert
Since Steve Hardy joined Policy Expert as the organisation’s chairman and CEO at the start of 2022 he has quickly grown the business to have more than 1.5 million UK customers.
Sam White, Stella Insurance
Sam White is the founder and CEO of Stella Insurance, a female-centric motor insurance business that’s unapologetically led by and designed for women.
Donna Scully, Carpenters Group
Donna Scully is a joint owner and director at Carpenters Group, plus a skilled Irish dancer – as demonstrated on the stage of the Royal Albert Hall at last year’s British Insurance Awards.
Matthew Crummack, Domestic & General
Matthew Crummack was appointed CEO of the Domestic & General Group in 2021 and is making sure the provider reduces the amount of waste in landfills.
Adam Winslow, Direct Line
Before he even had a chance to get his feet under the table, Adam Winslow, who only joined Direct Line as group CEO on 1 March, had to deal with Ageas making a takeover bid for his business.
Jason Storah, Aviva
A fresh face on Insurance Post’s Power List in 2024 is Jason Storah, who was appointed CEO of UK & Ireland General Insurance in August 2023.
Ant Middle, Ageas
Ant Middle, CEO of Ageas UK, leaps up 16 places on Insurance Post’s Power List and is likely to climb even higher up the ranking of the industry’s movers and shakers if his parent company continues to court UK targets despite the DLG rebufal.
Cristina Nestares, Admiral
Cristina Nestares, CEO of Admiral UK, ruffled rival’s feathers in 2023 by picking up the pace of innovation at the motor insurance giant and changing tack by snapping up RSA’s direct home and pet business.
Kevin Spencer, Markerstudy
Kevin Spencer, chief executive of Markerstudy Group, has big ambitions and his ability to do massive deals in 2023 sees him leap up 21 places in this year’s Insurance Post Power List.
Colm Holmes, Allianz UK
Colm Holmes joined Allianz as CEO in December 2021 with a mission: to make the business the number one insurer in the UK.
Tara Foley, Axa
Tara Foley was appointed as CEO of Axa UK & Ireland in September 2023 but was already a familiar face in the industry having joined the provider in November 2020 as CEO of the retail business.
Amanda Blanc, Aviva
Amanda Blanc, CEO of Aviva Group, influenced some of the biggest changes in corporate Britain in 2023, winning her the top spot in Insurance Post’s Power List for the second year in a row.
What it takes to be a Power List player in 2024
Insurance Post’s Power List reveals today’s leading lights in the industry, the demise of big name digital disruptors plus who has shaken up the market in the last 12 months.
First Central cautiously enters home insurance market
First Central has launched a home insurance product line, with the firm planning to take a “cautious approach” to building its book.
Online HNW insurance options not ‘fit for purpose’
The founder and CEO of Rivr, a newly launched firm focussing on HNW home insurance, has told Insurance Post that online options for high to mid net worth customers are “not fit for purpose”.
Former colleagues pay tribute to David Sweeney
Former colleagues of ex-Hiscox, Sterling and Brightside manager David Sweeney have paid tribute to him after he sadly passed away at the end of last month.