Wates pilots Zurich and JLT's Subguard
The Wates Group is set to pilot Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.
Wates has claimed to be the first company in the UK to use Subguard in partnership with Zurich Global Corporate UK and Jardine Lloyd Thompson.
In a statement, Wates said: "The goal of this new risk
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Apologies to Donaldson: Passing on the crown for shortest GI CEO stint
Content Director’s View: With a host of recent – mostly surprising – announcements relating to short leadership/CEO stints, Jonathan Swift revisits his column from last February where he awarded the crown for briefest tenure at the top to Ardonagh’s Ian Donaldson.
Enter Best Insurance Employer 2026 today
If you work for one of the greatest employers in the insurance industry and want to shout about it, make sure you complete Insurance Post’s Best Insurance Employer survey today.
Insurers argue furlough deductions permitted by policy wordings
Insurers finished their submissions to the Supreme Court on the issue of whether or not furlough payments are deductible from Covid-era business interruption claims payouts this morning (12 February), hitting back at arguments advanced yesterday by policyholders.
AI voice agents can now be insured like employees
Artifical intelligence voice agent platform ElevenLabs has gone live with an insurance policy covering AI voice agents.
Admiral buys Flock for £80m
Admiral Group has bought commercial fleet insurtech Flock for £80m, subject to regulatory approval.
Supreme Court hears arguments on Covid claim furlough deductions
The Supreme Court heard arguments from both policyholders and insurers yesterday (11 February) as to whether furlough payments are deductible from Covid-era business interruption claims payouts.
Throwback Thursday: NFU turns 60
Insurance Post’s Throwback Thursday steps back in time to February 1971 to remind you what was going on this week in insurance history when NFU Mutual was celebrating 60 years insuring farmers.
Hash oil fires are the next big property risk for insurers
A new wave of butane hash oil explosions linked to illegal cannabis production is causing severe property damage and multi-million-pound insurance losses, posing a growing and under-recognised risk to insurers and landlords, warns James Nathaniel, major and complex loss adjuster at Sedgwick.