United Kingdom (UK)
Highway Code updated for self-driving vehicles as education concerns persist
The government has confirmed changes to the Highway Code to ensure the first self-driving vehicles are introduced safely on roads.
Aviva told to pay £3.2m to artist but dementia claim fails
The High Court has found that Aviva must pay around 10% of the £33.6m originally sought by artist Manuel Mathieu in a personal injury case.
Blog: SMEs must reinstate pre-pandemic cover levels or risk being underinsured
Many small businesses are now returning to pre-pandemic activities, but still keeping the reduced levels of cover they had during the Covid-19 lockdown, writes Helen Bryant, director of digital trading at Allianz Commercial, as she warns against the…
Flood Minister urges insurers to 'come on board' to Build Back Better
Rebecca Pow MP, Flood Minister, has applauded the Build Back Better scheme for providing homes at risk of flooding with flood insurance policies to make the nation more resilient to flooding.
60 seconds with... Ben Shuttleworth, Clear Group
Ben Shuttleworth, head of corporate marketing at Clear Group, tells Post which Craig David song is guaranteed to make him dance, and where he'd head to first in a time machine – as long as he was sure that he could get back.
Fidelis names Olivia Brindle head of sustainability
Fidelis Insurance Holdings has appointed Olivia Brindle as head of sustainability.
SBS buys Independent Inspections
SBS Insurance Services has bought Independent Inspections for an undisclosed sum.
BI ruling and Covid impact drive claims vacancy boom
Job adverts for claims roles are on the up, research has suggested, with the business interruption ruling a likely driver.
Bupa's Iain McMillan looks at how to attract and retain a happy workforce
In a white-hot labour market, Iain McMillan, director of distribution at Bupa UK Insurance, asks what is the key to maintaining talent retention and attraction, and managing an employee health and wellbeing strategy during a period of post-pandemic…
Intelligence: Greening the broking industry
Insurers are shouting loud and proud about the actions they are taking on environmental, social and governance issues, and this is moving down their supply chains too. Fiona Nicolson investigates how the broking sector is being affected by this, and how…
Blog: Importance of robust agency arrangements in insurance sales and supply chains
With Axa suing Santander for £624m over its payment protection insurance policies, Caroline Harbord, partner, and Charlie Paddock, trainee solicitor at law firm Forsters, discuss the importance of robust agency arrangements in insurance sales and supply…
DLG CEO Penny James appointed co-chair of FTSE Women Leaders Review
Direct Line Group CEO Penny James has been named co-chair of the FTSE Women Leaders Review.
FCA's broker survey puts property commissions under the microscope
The Financial Conduct Authority has placed broker commissions in multi-occupancy property under greater scrutiny with its latest survey.
Q&A: Mark Bower-Dyke and Crescens George, Wiser Academy
Insurance specialist learning provider Wiser Academy recently gained an ‘Outstanding’ award from Ofsted. Crescens George, CEO, and Mark Bower-Dyke, chairman, tell Post about the importance of formal qualifications to gain entry to the industry, and their…
Lloyd’s HQ closed for day as Extinction Rebellion blocks entrances
Lloyd’s has closed its headquarters for the day as protesters from Extinction Rebellion blocked entrances into the building.
Blog: Ocean investment is critical to protect the welfare of ecosystems
As Axa and WTW join a new global finance ecosystem designed to channel funds into coastal and ocean natural capital by 2030, Chip Cunliffe, biodiversity director at Axa XL and co-chair of Ocean Risk and Resilience Action Alliance, takes a deep dive into…
Pen's Tom Downey says MGA sector's secret sauce is its recipe for success
Tom Downey, CEO Pen Underwriting, believes the managing general agents sector is in rude health and discusses what he believes could be its 'secret sauce'.
Fears OIC portal is not meeting objectives as unrepresented claimants make up less than 10% of users
Latest figures from the Ministry of Justice show that unrepresented claimants still make up less than 10% of those using the Official Injury Claim portal, as concerns grow that portal is not meeting objectives of being “consumer friendly”.
Start-up Peppercorn to launch this year with a customer-empowering motor solution
Exclusive: Insurtech start-up Peppercorn will launch later this year with a digital motor solution that will challenge the mechanics of traditional incumbents.
Intelligence: Our duty to protect must begin now
Protect Duty legislation has been touted as a way to reduce the potential for catastrophic events from terrorist attacks at publicly accessible locations, and it is likely to affect public and employers’ liability polices. But, as Edmund Tirbutt reports,…
Nikhil Rathi pledges to make the FCA more assertive and quicker in stamping out wrongdoing and consumer harm
The Financial Conduct Authority has launched a three-year strategy to improve outcomes, with the CEO Nikhil Rathi pledging to make the regulator more assertive and quicker in responding to changing financial services sector.
Insurers to save £2bn as Vnuk law set to be axed by the end of June
The controversial Vnuk law, which could have created an extra £2bn a year of costs for the insurance sector, is expected to be axed by the end of June as Motor Vehicles Bill passes through House of Lords’ committee stage with no amendments.
FCA regulatory reforms no ‘silver bullet’ but step towards more nimble regulator
Regulation experts have praised the Financial Conduct Authority’s steps towards tackling authorisation delays but have warned they will not be enough to tackle the problem on their own.
Lords Committee expresses concerns of ‘overly demanding’ and ‘burdensome’ regulation of London Market
The Industry and Regulators Committee has written to the Economic Secretary to the Treasury John Glen to outline concerns about lack of proportionality in the regulation of the London Market by the Financial Conduct Authority and the Prudential…