United Kingdom (UK)
Insurance products account for two thirds of FCA complaints as PPI claims surge
Complaints about payment protection insurance increased 34% in the first half of 2019 in the run-up to 29 August deadline for refunds, according to figures released by the Financial Conduct Authority.
Top motor accident solicitor slams ministers on whiplash
Whiplash reforms should be delayed as rushing through a "minimum viable product" will create unacceptable challenges for claimants, lawyers have warned the government.
My other life: George Briley, powerlifting champion
When George Briley isn’t working as business analyst at Axa Assistance, he competes in world powerlifting competitions.
LV and Zurich discussed improving customer loyalty during Post webinar
Personal lines customers are a promiscuous bunch, known for changing insurers for a few pounds.
FCA to consult on climate disclosure requirements
The Financial Conduct Authority has laid out actions it plans to take around climate change, including requiring listed firms to make climate-related disclosures.
B3I blockchain firm 'will need a lot of money to build our vision' says CEO
Blockchain company B3I, which boasts a plethora of big-name shareholders among its backers, will focus on building its product rather than chasing more funding in the immediate future, B3I CEO John Carolin told Post at a launch event.
Weald makes first acquisition since joining Ethos Broking
Weald Insurance, one of Ethos Broking’s ‘powerhouse’ hubs in the South East, has acquired Sussex-based Cronin Underwood.
City-based insurers face down disruption from Extinction Rebellion
Insurance firms could face further disruption, after Extinction Rebellion activists shut down roads around the City of London yesterday in a bid to raise awareness of climate “inaction”.
Oddfellows CEO appointed chair of Association of Financial Mutuals
The Association of Financial Mutuals has appointed Jane Nelson, CEO of the Oddfellows friendly society, as its chair.
Biba unveils theme for 2020 conference
The British Insurance Brokers' Association has selected 'A year to pioneer' as the theme of its 2020 conference and exhibition, which will be held in Manchester Central on 13 and 14 May next year.
Government to introduce improved building safety standards
Insurers have welcomed the government’s commitment to improving building safety standards.
Blog: Building resilience in an age of cyber risks
Developing resilience to cyber liability is now a significant task for businesses of every size. But according to Paul Bassett, managing director of crisis management at Gallagher, the rise of cyber and IT security risks, malware viruses and data…
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
Complex supply chains increasingly under strain: Airmic
Developments in geopolitics, climate and technology are increasingly putting supply chains under strain, the Association of Insurance and Risk Managers in Commerce has warned.
PIB’s Q Underwriting forms MGU
Q Underwriting, PIB’s underwriting division, has created a managing general underwriter and hired UK General’s former chief commercial officer as it makes management changes.
Clone firm’s website remains live despite FCA warning
The Financial Conduct Authority has issued a warning about scammers using an authorised firm’s name to trick consumers via a website.
Analysis: How far has the insurance industry evolved to respond to natural catastrophes?
Sedgwick loss adjusters arrived on Great Abaco Island in the wake of Hurricane Dorian aboard a Black Hawk helicopter on 6 September.
Land developers face heightened contract cancellation risk, following court judgement
Land developers face an increased risk of public contract award cancellations, following a court judgement last year that struck down a contract between a developer and West Berkshire council.
European firms have until 30 October to secure no-deal Brexit permits
European firms passporting into the UK need to notify the Financial Conduct Authority that they wish to enter the temporary permissions regime by 30 October in order to ensure they are able to continue operating in the event of no-deal Brexit, the…
Beazley appoints head of corporate development
Beazley had appointed Rachel Turk as a head of corporate development, following the retirement of Mark Goodman.
HDI Global Specialty hires former RSA commercial finance director
Simon Hunt, former RSA finance director for commercial, has joined HDI Global Specialty UK.
Q&A: Jane Harley, co-chair of GIN and manager, policyholder and third-party oversight department at Lloyd’s of London
As part of the Inclusion at Lloyd's programme six Partner Networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they are doing, today focusing on The…
London company market premiums written in Europe on the rise
Gross premiums written in London by the company market increased 6.7% in 2018, reaching £19.56bn, according to the International Underwriting Association.
Millions unaware of post-Brexit green card requirement
UK motorists are unaware of the legal requirements to drive in the European Union if we leave Europe without a deal, warn insurers and brokers.