United Kingdom (UK)
Blog: 2020 – a year of tipping points
2020 could prove to be a year of significant risk tipping points for insurers, many of them driven by fast-paced political and cultural change says Simon Laird, global head of insurance at RPC.
Hiscox to move 300 jobs across UK from London
Hiscox has confirmed it will move 300 roles out of London over the next two to three years.
Fears carmaker pressure over autonomous vehicle scope could cause accidents
Pressure from manufacturers to extend the definition of what counts as an autonomous vehicle could lead to more accidents, Axa’s David Williams has warned.
Ecclesiastical buys minority stake in Lloyd & Whyte
Exclusive: Ecclesiastical Insurance Group has bought 20% of Lloyd & Whyte for an undisclosed sum.
Insurers expected to be able to distribute green cards electronically
The government has told the Motor Insurers' Bureau that it will enact legislation to allow ‘black-and-white green cards’, allowing insurers to distribute green cards electronically if the UK is unable to strike a deal with the EU by the end of the…
Budget 2020: What are the Chancellor's options on IPT?
Insurers have ramped up lobbying attempts to convince the government to slice the rate of Insurance Premium Tax. Post investigates why they may well have good reason to be worried it could be cranked up the other way.
Q&A: Kennedys' Jennifer Boldon on the rise of #MeToo claims
Jennifer Boldon, partner at Kennedys, recently took to the Lloyd’s Library to turn a spotlight on #MeToo claims. She spoke to Post about why they are picking up steam, how they differ between the UK and the US, and how employers can mitigate the risk of…
Blog: The telematics market - an opportunity for insurers?
Telematics technology is 22 years old but it's only over the last five to 10 years that telematics has really become a driving force in disrupting the insurance sector by challenging risk models. However, despite this evidence, rates of adoption still…
MIB chases agreements with France, Poland and Romania as it builds Brexit contingencies
The Motor Insurers’ Bureau is continuing efforts to secure agreements with France, Poland and Romania to preserve so-called ‘protection of visitors’ rules that would otherwise fall away if the UK is unable to strike a deal with the European Union by 31…
Blog: Taking the Michael
After Aviva’s email mix-up, Post looks at five insurance Michaels who might have been none the wiser.
IoT law ‘step in the right direction’
Legislation announced yesterday to protect internet-connected household devices from cyber-attacks sits at the “baseline” of what could be done but is a “step in the right direction,” insurers said.
Aviva says no personal data shared in emails that wrongly called customers Michael
Insurer Aviva has said there was ‘no issue with personal data’ in thousands of emails it sent out mistakenly calling customers Michael.
CII underwriting society launches cyber guide
The Chartered Insurance Institute’s Society of Underwriting Professionals has launched a good practice guide on cyber covering data, coverage, cyber incidents and basic precautions.
Saga sees boost in three-year policy sales
Saga faced up to claims inflation and a £4m Thomas Cook hit, according to a trading update ahead of its annual results, as it forecast a 3% yearly fall in branded home and motor policies.
Microsoft data breach: Cyber experts warn of knock-on claims effect
Microsoft’s data breach, which saw details of a reported 250 million customers made available online, could leave insureds facing knock-on phishing attempts and the tech giant facing a fine.
Willis Towers Watson's George Beattie on social data and changing consumer relationships
Social media is becoming radically democratised - a macroeconomic trend that the business world is just waking up to, writes George Beattie, director of property and casualty at Willis Towers Watson.
Gefion’s solvency struggles continue after regulator action
Troubled unrated Danish insurer Gefion has seen its 2018 solvency ratio plummet after it was forced to restate accounts.
Biba’s Graeme Trudgill joins ELTO board
Graeme Trudgill, executive director of the British Insurance Brokers’ Association has joined the board of the Employers’ Liability Tracing Office.
Banks push further into UK SME insurance
Banks have nearly doubled their share of the UK SME insurance market in two years, according to research published by Globaldata.
Motor Mouth Podcast 1: To 2020, and Beyond!
In the first of our series of podcasts with Motor Insurance World speakers Martin Milliner, general insurance claims director at LV General Insurance, is interviewed by Post’s content director Jonathan Swift, outlining what challenges insurers can expect…
Insurance Monitor: Insurance: facilitator or inhibitor?
In this month’s column, David Worsfold, a long-running commentator on the insurance market, talks about the fallout from the hardening market, the success of Flood Re and his issues with the Insurance Museum
Admiral gains centre of excellence in wellbeing status
Admiral has been named a centre of excellence in wellbeing by the Great Place to Work Institute.
Gibraltar-based Quick-Sure appoints administrators
Gibraltar-based motor insurer Quick-Sure has been placed into administration.
This week: Bagging a bargain
As the January sales draw to an end consumers aren't the only ones with deals on their minds.