United Kingdom (UK)
The NED Blog: What keeps risk committees awake at night
One of the ways that non-executive directors ensure there is independent oversight is through the use of various board committees. Michael Gaughan explains how the Risk Committee oversees the capital risks and why it worries about technology, cyber…
CFC makes first acquisition in 20 years as it buys Solis Security
CFC Underwriting has bought Texas-based incident response provider Solis Security, marking the company’s first acquisition in 20 years.
David Christmas steps into head broker sales role at Fraser Edmond’s Broker Insights
David Christmas, former director at Bennett Christmas, has joined Broker Insights as head of broker sales and development.
Insurers warned on solvency and run-off as Gibraltar regulator airs 'reputational damage’ fears
Insurers in Gibraltar must be aware of their financial position "well before" a solvency breach occurs, the regulator warned as it revealed a clampdown.
Allianz and LV wrap up transfer of commercial business
Exclusive: The transfer of commercial and personal lines business between LV and Allianz has been completed, with the exception of a “small number” of schemes policies.
Tim Carroll to become chair of Ecclesiastical parent company
The former CEO of Swiss Re UK’s holding company, Tim Carroll will become chair of Ecclesiastical parent company Allchurches Trust at the end of the year.
Blog: Project policies - why they pose a problem for the insurance industry
A High Court Ruling concerning a school fire hit headlines in 2018 putting into doubt the worth of project policies in the construction sector. With little hope of any immediate clarity, the demand from contractors for Contractors All Risks insurance in…
RSA's Rob Gibbs on collaborative relationships between brokers and insurers
The insurance industry has a rich and storied history from the Great Fire of London, Tom's Coffee House and the earliest shipping risks all the way to today, with apps, online self-service and e-trade. And, for almost as long as insurers have being…
Aston Lark hires group chief technology and operating officer
Andrew Scola has become Aston Lark’s first group chief technology and operating officer.
Insurance Technology Summit Q&A: Duck Creek Technologies Europe managing director Bart Patrick
Ahead of the Post Insurance Technology Summit, Post editor Stephanie Denton sat down with Duck Creek Technologies Europe managing director Bart Patrick to discuss the cultural step change need in insurance to remove the upgrade nightmares.
Analysis: Telematics - telling it as it is?
Fabricating a motor insurance claim used to be as simple as arranging for a mate to drive into your car but with today's new technology, Veronica Cowen explains how much harder insurers are making it for the fraudsters.
Allianz UK CUO in bid to double data specialist roles over two years
Allianz is “investing heavily” in the data space and will seek to double the number of data specialist staff it employs over two years.
Analysis: How a dual pricing ban could be catastrophic for the industry
An outright ban on dual pricing could be “catastrophic” for the industry, analysts warned, pushing smaller players out of the market, limiting competition and raising premiums across the board.
Blog: Breaking the dual pricing habit
Studies are now estimating it takes a smoker on average 30 attempts to quit smoking.
FCA to act quickly in fixing dual pricing
The Financial Conduct Authority will not engage with the industry in “an extended dialogue for many months” to find alternative remedies to dual pricing, the regulator has warned.
This month: Celebrations, climate change and culture
In this month’s issue Post published the annual top 100 Insurers, a list of the UK's biggest insurers ranked by non-life gross premium written in 2018, in association with AM Best.
2019 Insurance Fraud Awards: Full list of winners
Zurich was the big winner at the 2019 Post Insurance Fraud Awards picking up three awards, and a highly commended including top prize in the Investigation of the Year category.
FCA mulls ban as six million customers hit with loyalty penalty
The Financial Conduct Authority has outlined a raft of potential interventions as it revealed six million policyholders are hit with a loyalty penalty.
Penny Black's Social World: October 2019
Going for gold, tackling diversity and new partnerships
Analysis: Climate change - Getting to grips with global warming
Insurers have been forced into the front line of the fight to stop global warming and climate change and they are beginning to feel uncomfortable and exposed. While several major insurers have issued bold commitments to join the fight to halt global…
How climate change is impacting the risk profiles of financial institutions
A closer look at how board-level considerations of climate change must shift, and the potential consequences if they do not
What has become of the vacant Swinton branches?
What happened to all the buildings that used to house Swinton branches? Post content director Jonathan Swift looks to answer this question on an insurance odyssey through south London
Senior women in insurance join equal pay campaign pushing for 'radical and rapid action'
Annette Court, Inga Beale and Tulsi Naidu are among high profile backers of a campaign fighting for equal pay for women.
Sedgwick restructures UK leadership team
Sedgwick UK deputy CEO Paul White has been promoted to lead the business, following the appointment of current CEO Stewart Steel as head of a combined Continental Europe, Middle East and Africa division.