Post - Post May 2019
The May issue is now available as a pdf to download – please click here
Articles in this issue
Editor's comment: Broker rebellion?
May is upon us and that means that thousands of insurance brokers are preparing for the annual camp out in Manchester to hear what their trade body the British Insurance Brokers’ Association is doing for them, plans to do for them and how insurers can…
Analysis: Consolidators look to Europe for acquisitions as UK competition grows
The UK has seen a wave of consolidation in regional broking over the past few years, making competition for viable targets a challenge. In response, several consolidators are starting to look to Ireland and Europe as a potential area of expansion.
Discount rate: Are insurers being too optimistic?
In anticipation of the new discount rate announcement, expected by 5 August 2019, many insurers have already started to price and reserve at 0%
Bollington's Paul Moors on inclusion and leadership
Bollington's CEO Paul Moors believes the insurance sector needs exceptional leaders to regain the public's confidence and set the highest of professional standards.
Rising Star: Ali Pierce, Domestic & General
Listening to the needs of customers while working at Domestic & General's call centre led to Ali Pierce climbing to group head of communications.
I work in insurance: Dene Rowe, innovation director, Keoghs
Working as innovation director at Keoghs Dene Rowe has been at the forefront of introducing artificial intelligence into the legal firm
My other life: James Lai, ICAB: Kendōka
When James Lai isn’t working as ICAB’s billings co-ordinator he can be found wielding a Japanese sword in the martial art of Kendo
Q&A: Claims Apprentice 2019 winner Verity Ross
Verity Ross, motor claims handler for Zurich has been crowned winner of the Claims Apprentice 2019. Hiriyti Bairu caught up with her to discuss how she met the challenge, what the experience has taught her now and moving forward in her career.
Interview: Michael Rea, Gallagher
With Gallagher re-entering the M&A game after a four year hiatus, Michael Rea spoke to Harry Curtis about what makes a good deal, how consolidation is changing, why restrictive covenants need to be upheld and the Ardonagh court case
Top 100 Insurtech Firms 2019
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Top 100 Insurtech Firms 2019 - Spotlights
As the Insurtech 100 publishes, Post caught up with some of the firms listed across Europe, USA and Asia to reflect on the past 12 months, the future, favourite apps and food
Spotlight: Data - Ordering data in
Insurers continue to hang their success on the quality and use of data, with businesses continually reviewing how to gain a commercial advantage. Edward Murray looks at the benefits of using external data providers and why some peril risks have proven…
Spotlight: Data - Why are insurers ignoring data for escape of water claims?
Don’t blame the rain for the growing number of water-related claims in the UK, blame the plumbing
Analysis: Moving the premium finance roadblock for SMEs
The penetration of premium finance into the SME market has been stuck stubbornly in the 40% to 45% range for many years. Could that be about to change as slicker offerings from the main providers and new entrants hit the market just at a time when small…
Analysis: Loss assessors and their terms of business
As insurers are likely to appoint a loss adjuster when acting on a claim, customers making large claims may wish to employ a loss assessor to represent their interests. How well are these relationships currently working?
Blog: Getting Insurtech over the wall and up the hill
Agile is poorly understood by the UK insurance industry - and implemented even worse. That is the view of Oxbow Partners' Chris Sandiland, who offers his own take on how incumbents can best take advantage of an insurtech and innovation strategy
Hyperion appoints Rebecca Scott as COO
Hyperion has appointed Rebecca Scott as group chief operating officer.
Brightside appoints former Swinton distribution director as group COO
Richard Beaven, former distribution director at Swinton, has joined Brightside as its group chief operating officer.
Ex-RSA SME MD Tara Waite rejoins insurance sector after Wonga collapse
RSA’s former SME managing director, Tara Waite (formerly Kneafsey) has re-entered the insurance sector as a non-executive director at Ageas UK, after leaving for payday lender Wonga.
Tokio Marine Kiln appoints Will Curran as head of reinsurance
Tokio Marine Kiln has appointed Will Curran as head of reinsurance.
Jelf CEO Phil Barton replaced by Anthony Gruppo
Marsh has appointed Anthony Gruppo as CEO of Jelf, as Phil Barton steps down with immediate effect.
Edam Group invests in 18 month leadership scheme
UK specialist provider of credit hire and post-accident services, Edam Group, has invested in an 18 month leadership scheme built to boost its employees’ personal development.
Penny Black's Social World: May 2019
Schooling students, charity cycling and cracking chocolate