Post - Post October 2017
The October issue is now available as a pdf to download – please click here
Articles in this issue
Editor's comment: Time for turning
As a mother, finding a consensus that makes all family members happy is often an issue.
Analysis: Modernising the market: how Lloyd’s of London is grappling with the task
Lloyd’s of London is again proving its appetite for development
Analysis: Rate revision: changes to Ogden
Insurers consider the impact of the proposed U-turn on the Ogden rate
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Manchester Underwriting's Charles Manchester on Grenfell and PI
Manchester Underwriting CEO Charles Manchester examines the possible knock-on effects of the Grenfell Tower tragedy on the professional indemnity market.
Rising star: Jonny Valentine, Insure The Box
After packing in his degree to work for Insure The Box, Jonny Valentine is now an award winner and head of innovation at the firm
My Other Life: Michael Hearty, Auger, RNLI volunteer
In addition to his day job as external operations manager for Auger, Michael Hearty volunteers with the Royal National Lifeboat Institution
Interview: Tulsi Naidu, Zurich
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Spotlight: Motor insurance: What will changes in mobility mean for replacement cars?
Replacement cars face an uncertain future as individual car ownership recedes and mobility changes
Spotlight: Vehicle hire: What is best practice for today’s insurance market?
A positive customer experience is never more important than at the point of claim. James Roberts, business development director for insurance at Europcar UK, explains how following best practice in replacement car hire can create this.
Research: Focus on fraud
What does a Greek merchant in 300BC delivering corn on a cargo ship have in common with nearly one-tenth of today’s UK population? The answer is insurance fraud. Michèle Bacchus takes a closer look.
Analysis: Cyber threats and opportunities
Businesses are opening themselves up to online exposures every single day. What do companies and insurers need to do to bring themselves up to speed with these new risks and incoming regulations affecting this area?
Analysis: Broker claims research
Earlier this year, brokers were invited to score insurers on their claims handling, grading different classes of business on their performance from excellent to poor. Jonathan Swift examines the results
Top 100 UK insurers 2017
Who are the top 100 UK insurers? Check out the ranking established by Post, in association with AM Best.
Top UK insurers 2017: Top 100 table
Each year Post works in association with ratings agency AM Best to put together a list of the UK’s top 100 UK insurers.
Top UK insurers 2017
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
Analysis: Arson: A burning issue
Only a small portion of arson cases are prosecuted, so perhaps it’s time for the insurance industry to take ownership of this issue, as it has with fraud
Analysis: D&O and the rise in securities class actions
Securities class actions are on the increase as law firms target smaller companies and focus on litigation related to initial public offerings
Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet
Market Moves: October 2017
Some of the movers and shakers in the market this month
Career File: Alison Martin
Zurich has appointed Alison Martin as group chief risk officer, effective January 2018
Career Development: Claims Consortium Group is creating new apprenticeship vacancies
Property insurance claims handling firm Claims Consortium Group is creating 12 new apprenticeship vacancies at its Somerset office.
Penny Black's Social World - October 2017
Picture prizes, Harvey help, and determined dancers and drivers