United Kingdom (UK)
General Insurance Fraud Committee hopeful on spam advert legislation
The General Insurance Fraud Committee is hopeful that online advertising will be included in the Online Safety Bill, Clare Lunn, director of financial crime at LV GI and chair of the GIFC told Post.
FCA lacks ‘precision’ and regulators need greater accountability, inquiry hears
London Market trade body representatives have told a Lords’ inquiry that the regulator’s ‘one size fits all’ approach to insurance must change and more accountability is needed.
Brokers fear market may later realise it has 'sleepwalked into irrelevance' as Lloyd's mulls HQ move
London Market participants have voiced concerns over the future of Lloyd’s of London as it considers whether to remain in its City of London headquarters.
Axa and Corbin & King trade arguments on first day of BI cover trial
The trial between upmarket restaurant group Corbin & King and Axa began on Tuesday, with Mrs Justice Cockerill hearing submissions from both sides.
Biba calls for IPT cut to 10% with 2022 manifesto launch
The British Insurance Brokers’ Association has urged the government to cut Insurance Premium Tax to 10% in the next budget and pushed for targeted relief for three areas.
Biba takes aim at weight of regulation and broker FSCS costs
The British Insurance Brokers’ Association has put regulatory and Financial Services Compensation Scheme reform in the crosshairs as it called for a cut in insurance premium tax in its manifesto.
WTW's Frederick Gentile on taking a realistic approach on supply chain resilience
Frederick Gentile, director of risk engagement at Willis Towers Watson, shares his checklist for supply chain resilience, and says leaders need to take a more realistic approach to survive.
WTW adds ex-Lloyd’s digital leader Lou Smith
WTW has appointed Lou Smith as commercial lines data strategy lead in its insurance consulting and technology unit.
Intelligence: Hardening continues with reinsurance renewals
January’s renewals saw reinsurers playing hardball not only in their pricing, but also in the structures of their clients’ reinsurance programmes. Post explains why the hardening market is not driven by a lack of capital, but by renewed underwriting…
Blog: Importance of technology in handling post-pandemic inspection surge
Following months of inactivity during lockdown, workplaces and equipment had to be inspected before business could restart. Allianz chief engineer Peter Carless and special services manager Steve Ford look back at the importance of technology in handling…
Lloyd’s adds Miller as commercial director
Dawn Miller has been named Lloyd’s commercial director from the second quarter of this year, joining from Chubb.
Tesco confirms Gary Duggan as permanent chief insurance officer
Tesco Bank has made Gary Duggan its permanent chief insurance officer and CEO of subsidiary Tesco Underwriting.
Hastings Direct adds Mark Cliff as non-exec chair after Peter Blanc departure
Hastings Direct, the broking entity within the Hastings Group, has appointed former Ageas and Brightside leader Mark Cliff as independent non-executive director – chair designate.
Marsh McLennan names Murray chief inclusion and diversity officer
Moreland Murray has been appointed as chief inclusion and diversity officer at Marsh McLennan.
Howden 'the British powerhouse' says CEO as organic growth hits 19%
Howden Group has reported a 48% increase in revenue to £1.15bn and a 50% rise in Ebitda to £335m for the year ended 30 September 2021.
Das compensation in ex-CEO fraud case lowered as insurer’s 'lack of candour' criticised
Das is now set to receive £5.96m rather than £8.28m in compensation from its fraud case against three former senior employees.
60 seconds with... Alice Mitchell, Handl Group
Alice Mitchell, head of executive office at Handl Group, tells Post why she would have gladly spend her teenage years facing off against supervillains and what point in time she would go back to if she could.
Vote for the Best Insurance Employer 2022
Insurance Post’s Best Insurance Employer research returns in 2022 seeking the views of staff in broking, managing general agent and insurer firms to find out which organisations really go the extra mile for their people.
Q&A: Helena Evans, CILA
Helena Evans replaced Shaun Kelly as president of the Chartered Institute of Loss Adjusters. She spoke to Post about plans for the next year and the legacy she hopes to leave behind.
Lloyd’s COO Jennifer Rigby to depart
Lloyd's chief operations officer Jennifer Rigby is leaving on 21 January with Burkhard Keese taking on the role in a new structure.
Ardonagh Specialty expands cross-class follow-capacity solution to $600m
Ardonagh Specialty has expanded its cross-class follow-capacity solution to include Price Forbes’ property business, Post can reveal.
LV’s Michael Lawrence on the trends and changes in the broker market
Michael Lawrence, distribution and underwriting director for LV Broker, assesses the 2021 developments in the broker market and explains how resilience, versatility and a clear strategy will be as important as ever this year.
Inquiry launched into commercial insurance and reinsurance market
The Lords' Industry and Regulators Committee has launched an inquiry into commercial insurance and reinsurance regulation.
Aviva to boost regional underwriting headcount by 10%
Aviva has started a recruitment drive to add at least 40 underwriters working on regional mid-market business, chief distribution officer Gareth Hemming told Post.