United Kingdom (UK)
Insurance Covid-Cast: Managing return to work risks as offices look to re-open
In the 28th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss how employers manage the return to the office, given many staff members might have anxieties about the ‘new normal’ - not least travelling to and…
Malcolm Harvey's Qlaims unveils flooding parametric partnership
Qlaims has teamed up with Mason Owen Financial Services and parametric insurance specialist Floodflash in the first use of its claims service for a project management rather than advocacy solution.
Spotlight: Technology: Maximising sales and underwriting results using a digital workforce
While data is at the core of every underwriting decision, for many insurance organisations using that data efficiently is a manual and time-consuming process
Spotlight: Technology: Managing claims surges in the digital age
Claims surges have been a frequent occurrence in recent years as events around the globe have hit insurers across multiple lines of business. The past year has seen Australian bush fires, the collapse of Thomas Cook, storms Ciara and Dennis and now the…
Ardonagh acquires Bravo and Arachas as it launches $500m notes offering
The Ardonagh Group has launched a $500m (£401m) notes offering, having agreed the purchase of Bravo Group and Arachas.
Primary Group buys back UK General
Primary Group has bought back a majority stake in UK General Insurance having sold the business to private equity house JC Flowers in 2017.
LSE leader Nikhil Rathi named FCA CEO
The government has appointed former HM Treasury director Nikhil Rathi, currently the CEO of London Stock Exchange plc, as the new CEO of the Financial Conduct Authority.
Analysis: Covid-19's sting in the tail for trade credit and political risks insurers
Trade credit and the political risks class were among those with the greatest Covid-19 predicted insured losses, ranking behind only hard-hit areas such as business interruption and contingency, in a scenario analysis published by Willis Towers Watson in…
180 Years of Post: Corporate collapses
As Post celebrates 180 years, we look at the companies that have come and then very quickly gone and ask what today's insurers can learn from them.
Briefing: EC3's 'Plantation Place' – Insurers back renaming as London’s Square Mile faces up to slavery links
When the Black Lives Matters movement blew up in the UK following the death of George Floyd in Minnesota I wondered how long it would take before the insurance sector came under the spotlight.
Motor Mouth Podcast 13: Motor insurance – the coronavirus’s impact on insurers (part two)
Insurance Post’s content director Jonathan Swift interviews QBE's Jon Dye to get his views and opinions of the motor insurance industry and how it has grappled with the challenges of the past few months
Rising Star: Jake Finlay, Sedgwick UK
Coming from a background of herding sheep in the Falklands and rearing calves in Northern Ireland, Jake Finlay didn’t want to lose his rural ties after university. He now works on agricultural claims in the South East
Markel drops wholesale personal accident and contingency insurance
Markel International has stopped writing wholesale personal accident and contingency insurance as its refocuses the PACE portfolio exclusively on entertainment with immediate effect.
Briefing: FCA’s business interruption test case – misreading the room
Reactions to Tuesday’s Financial Conduct Authority business interruption hearing suggest that insurers – or at least their lawyers – may be misreading the room.
Das underwriting profit declines as it recovers £3.7m from ex-CEO legal proceedings
Gross written premiums at Das Legal Expenses Insurance dropped from £117.9m in 2018 to £114.8m last year according to the firm’s 2019 Solvency and Financial Condition Report which also revealed a £3.7m “recovery” from its involvement in a private…
Blog: Covid-19 and its impact on Italy's insurance industry
The impact of Covid-19 has been felt across the global insurance industry and, for Italy's insurance industry more specifically, the largest and most direct impact will be from the high rates of hospitalisation in the country during the pandemic and the…
FCA disputes BI ‘conflict of interest’ allegations
The Financial Conduct Authority has today denied there is any conflict of interest in relation to the law firm engaged on its business interruption test case.
Future of Lloyd's underwriting room unclear as it targets September partial re-opening
The future of the Lloyd’s underwriting room after the Covid-19 pandemic is in doubt, with the success of remote trading raising questions over the necessity of insurers paying for square footage in the City.
Liiba chief calls for greater role for brokers in provision of SME BI cover
Christopher Croft, CEO of the London and International Insurance Brokers’ Association has called for brokers to play a more active role in the sale of business interruption insurance to small and medium businesses.
Pandemic drove 55% increase in average policyholder contact time: Verisk
The coronavirus pandemic has had a bigger impact on claims handling than other natural disasters, with the average time to contact policyholders after a claim up 55% compared to normal levels, a conference heard.
BGL CEO Matthew Donaldson to step down this week
BGL CEO Matthew Donaldson will leave the business on 19 June after 20 years at the broker, to be succeeded by the former CEO of RBS’ digital banking app.
Christian Nielsen named CFO for Hiscox London Market
Christian Nielsen has been appointed as chief financial officer for Hiscox London Market and Hiscox Syndicates moving across from his current role as CFO of Hiscox UK and a director of Hiscox Insurance Company.
Aston Lark's Peter Blanc on why a hard market is an opportunity for brokers
It always seems that when brokers want to be able to provide clients with reductions in costs to help see them through challenging times, the underwriters in the market are facing their own harsh realities and are forced to start insisting on rate…
Insurers and FCA butt heads on pandemic spread analysis in BI case
Insurers’ counsel have decried the Financial Conduct Authority’s intention to use the “controversial” Cambridge analysis of Covid-19 spread in its business interruption test case, as representatives warned another trial might be needed to iron out…