United Kingdom (UK)
Top five steps insurers can take to be disability confident
Collecting data, avoiding non-inclusive terms, and remaining authentic were some of the key actions given to insurers at the Dive In Festival, as the sector was urged to become disability confident.
More women are being urged to consider a career in cyber insurance
Members from Aon’s Women in Cyber network joined with cyber professionals at Dive In Festival to discuss the importance of diverse thinking, and gender diversity, in creating a successful cyber team.
How allies helped insurance’s LGBTQ+ community
During a Dive In Festival event, LGBTQ+ community members explained the impact allies who “show up” and don’t “shy away” from important conversations have had on the insurance industry.
Insurance must ‘level the playing field’ and accept more diverse ideas
Industry experts have challenged what diversity really means and how creating diverse teams reduces the risks of “blind spots” at this year’s Dive In Festival.
Q&A: Megan Bingham-Walker, Anansi & Sarah Wernér, Husmus
With less than 0.5% of venture capital funding going to Black-led start-ups, Frances Stebbing speaks to two recipients of the Black Founders Fund to find out why this initiative is so important and how it helped their business.
‘Challenging winter ahead’ as industry faces inflation squeeze
Domestic & General is concerned that without further help such as that from the Energy Bill Support Scheme, more customers could be left struggling with energy bills in the cost-of-living crisis, leading to difficult business retention.
Lloyd’s accused of ‘fanning the flames’ of the climate crisis
Campaign group Mothers Rise Up attended Lloyd’s of London investor autumn conference last week to halt investment in any Lloyd's insurers that continue to underwrite new fossil fuels.
FCA outlines plan to make insurance more inclusive
The Financial Conduct Authority and the Prudential Regulation Authority has finally published plans to make the insurance industry more diverse and weed out bullies and harassers.
Insurers need to become ‘prognosticators’ in times of change
The sector has been urged to stay ahead of future developments, as the top trends forcing insurers to change pace are revealed.
Insurers urged to rethink approach to alcohol
While Raymond Silverstein, partner at Browne Jacobson, observed that the industry “doesn’t employ Russell Brand” – he feels bosses do need to rethink the approach they take to encouraging the sector to socialise.
Q&A: Katherine Conway, Aon
Ahead of Dive In’s ninth festival, Katherine Conway, global inclusion lead at Aon, speaks to Frances Stebbing about how she got involved with the initiative and what to expect from this year’s event.
Are the City’s insurers struggling to stay sober?
Analysis: Frances Stebbing explores how the City of London’s drinking culture has been challenged and whether the sector finally recognises it needs to allow people the option to wake up as fresh as a daisy if it wants to attract and retain fresh talent.
Three technological leaps that could destroy insurers
Artificial intelligence, genetic scissors, and brain-machine interface were identified by CFC as the top emerging technology trends insurers insurers need to prepare for if they want to be Netflix rather than Blockbuster.
Aviva exits Singlife joint venture; Clearspeed and PWC partner; Cila elects president
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
By Miles co-founder reveals next project
By Miles co-founder Callum Rimmer has unveiled his latest start-up aimed at tackling “slow” and “expensive” pricing software issues that plague the insurance industry.
Three insurance industry challenges for Gen Z to fix
Use artificial intelligence as an assistant, don’t let inclusion be a tick box exercise, and shape your company’s climate change efforts was the advice to Generation Z who attended iCan’s Elevate conference last week.
Greenpeace targets reinsurers at Monte Carlo Rendez-Vous
Protesters have disrupted the annual reinsurance meeting in Monte Carlo, pleading with the sector to stop coverage for deforestation and oil exploration in Congo.
Poor quality data remains the biggest challenge for insurance data scientists
Insurers have been urged to review their data practices and ensure data is coming from “official or trusted” sources, as research suggests nearly half of data scientists are left stuck with untrustworthy data.
Protestors urge insurers and reinsurers to block insurance for Republic of Congo oil extraction
Companies which are granted exploration and exploitation rights in the Democratic Republic of Congo oil auction could find they are without financial protection.
Q&A: Tim Hardcastle, Instanda
Tim Hardcastle, co-founder and CEO of Instanda, speaks to Frances Stebbing one year after the startup’s latest fundraising round about upcoming trends in the software development industry and how the company is applying AI within the business.
24 firms battle it out on 11th Lloyd’s Lab pitch day
The Lloyd's Lab programme is returning for its eleventh cohort, seeking “fresh ideas” to challenge how the insurance sector operates and help the Lloyd’s market better serve its customers.
Q&A: Victoria Gallimore, The Clear Group
Victoria Gallimore, group HR director and culture director of The Clear Group, speaks to Frances Stebbing about how to tackle the long-standing legacy issues within the industry and recruitment challenges across the sector.
‘Crash for Cash’ fraudsters shifting focus to rural and residential areas
The City of London Police’s Insurance Fraud Enforcement Department has said ‘crash for cash’ scammers are evolving their tactics after reported cases of opportunistic fraud soars by 61%.
How insurers are tentatively embracing AI
Analysis: Frances Stebbing explores how insurers are using generative AI, while recognising the risks and preparing for the incoming regulation for this type of technology.