United Kingdom (UK)
Ecclesiastical’s Saunders says keep up the momentum on mental wellbeing
With the UK economy potentially entering into recession, and concerns that the cost of living crisis could turn into a mental health crisis, Adrian Saunders, commercial director at Ecclesiastical, urges the market to keep mental wellbeing front of mind.
Apil calls for DfT to enforce speed restrictions on e-scooters and make helmets compulsory
The Association of Personal Injury Lawyers is calling on Department for Transport to enforce speed restrictions on e-scooters and make helmets compulsory for riders ahead of anticipated government consultation on legalising privately-owned e-scooters.
Brokers urged to check their processes to avoid hefty FCA fines
Brokers have been urged to revisit their controls to ensure they are designed properly and used effectively after JLT Specialty was slammed with its second fine for control failures.
Intelligence: All on board – firms must tackle representation
The Financial Conduct Authority requires listed firms to report on, and disclose, targets on how well represented women and ethnic minorities are on boards and executive management teams. Martin Friel investigates if the regulator has been too light…
Brokers urged to be proactive amid concerns half of businesses are underinsured
Brokers have been urged to revisit property insurance with their commercial customers as insurers warn 50% of businesses are underinsured.
60 seconds with... Minesh Patel, McLarens
Minesh Patel, a loss adjuster in McLarens’ construction and engineering practice, tells Post about the highlight of his career so far and why seeing the dinosaurs would be his top priority if he ever found himself at the controls of a time machine.
Blog: Why a collaborative approach for MGAs will be key for philanthropy
Jamil Elbahou, CEO and chief underwriting officer at Connect Underwriting, and board member of the International Insurance Charitable Foundation, considers how, when working for the greater good, individual companies can have far greater impact when they…
Insurers call for GTA to be mandatory as motor repair industry faces multiple challenges
As the General Terms of Agreement is currently under review, industry has called for the agreement to be made mandatory, however others believe cross-sector collaboration will be crucial to build sustainable future for the sector.
Brettell to replace Jepp as MD of Zurich Municipal
Amy Brettell will succeed Andrew Jepp as managing director of Zurich Municipal, after he steps down to explore new opportunities after 40 years at Zurich.
Vote now for the winner of the Industry Impact Award at the British Insurance Awards 2022
Voting is now open for you to decide who should win the Industry Impact Award at the 2022 British Insurance Awards.
Q&A: Philip Barmby, Brawdia
After a year in business, Philip Barmby managing director of Brawdia, tells Post about the factors that have supercharged Brawdia's launch, and what he expects from the next 12 months.
Aviva vindicated in High Court as judge rules 'free and frank' exchanges must be permitted
The High Court has found in favour of Aviva in a defamation case from a medical legal expert, in a ruling “likely to be of benefit not only to road traffic accident insurers but also litigants more generally”.
Towergate’s Richard Tuplin on how to tackle the recruitment deficit
Richard Tuplin, CEO of Towergate, looks at how the insurance industry might tackle both its talent hiring troubles, and at how to entice back and retain its existing employees.
Intelligence: Rural crime – cutting back the harvest criminals
Plant theft in rural areas is a major issue for landowners and their insurers. Rachel Gordon explores how a specialist police unit, which was set up in 2021, is helping to tackle this type of crime, and what mitigation measures are being introduced.
HV batteries ‘break the claims process’ and stymie adoption of electric vehicles
Insurers “can’t recognise the value” of high-voltage batteries within the claims process, an industry expert has warned.
Lloyd’s re-appoints Bruce Carnegie-Brown as chairman
Lloyd’s of London has re-appointed Bruce Carnegie-Brown for his third term as chairman, effective from June 2022 and running to June 2025.
Aviva wins TSB tender; Gallagher Re to recruit 40; Pine Walk Capital launches MGA; and Beazley launches Crypto Guard
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers ‘no longer aligned with tech advances in automotive’
Driver-centric models are “no longer sufficient” to properly assess motor risk in the age of advanced driver safety systems, Swiss Re has found.
FCA move to ban ‘phoenixing’ a step in the right direction but more could be done to stop dishonest CMCs
Financial Conduct Authority plans to impose significant changes on claims management companies that would prevent ‘phoenixing’ are a step in the right direction but the industry has called for more action to stop dishonest CMCs.
Brokers 'remarkably resilient' in a challenging market as more growth predicted
Brokers are continuing to “rise to the challenge” of difficult market conditions and mergers will continue unabated experts believe.
Blog: Brand legacy vs digital innovation within the insurance industry
As customers now expect their insurance provider to have strong digital capabilities, companies can no longer rely on brand loyalty alone to appeal to their audiences. Kelly Ward, chief sales and distribution officer at Axa Partners UK, considers how…
Panel flags lack of understanding from consumers as biggest barrier to getting hold of data
It is “incredibly” important consumers understand how their data is used to remove the barrier insurers are facing when trying to get hold of data, a conference has heard.
E-scooters come with significant risks and require regulation: Axa’s Distefano
Axa’s managing director for home and motor Marco Distefano has urged regulators and insurers to get to grips with the risks presented by e-scooters, though they remain illegal on UK roads.
Telematics still perceived as difficult, but demand for usage-based products expected to increase: Ageas’ Clarke
While the demand for usage-based insurance products is expected to increase, driven by the reduction in driving, telematic products are still perceived as difficult, a conference has heard.