United Kingdom (UK)
Analysis: From bench to bed – insuring vaccine distribution
The insurance industry has reacted well to the challenge of covering the needs of those producing and transporting Covid-19 vaccines around the world and across the UK, experts tell Post, predicting it will continue to play its part in supporting efforts…
Blog: Ecosystems will be the saviour of brokers
Technology developments, specifically around the ease of integration via application programming interfaces, has meant the concept of a technology ecosystem is now a reality, suggests Peter Goodman, Aventus CEO.
For the record: The week in deals featuring Aviva, Dual, Revolut, Specialist Risk Group and Willis Towers Watson
Post wraps up the major insurance deals, launches and investments of the week
Blog: How Covid drove an alternative accommodation shift in 2020
Covid-19 upheaval created a vast amount of work for alternative accommodation organisers. Alisa Gold, Insurance Claims Accommodation Bureau marketing and business development coordinator, reflects on a year of challenges and change.
Stock losses caused by Covid freight delays likely to be excluded from insurance policies
Damage to and deterioration of stock as a result of the ban on manned freight between France and the UK is unlikely to be covered by insurance, industry representatives have confirmed.
Aon/WTW merger faces further European Commission review
The European Commission will conduct a Phase II review into the $30bn (£22bn) merger of global brokers Aon and Willis Towers Watson, it has been confirmed.
Fresh defendants strike back against Kingfisher denying sale and data wrongdoing
The seven defendants in the ongoing legal case between the sellers of Fresh Insurance and Kingfisher have struck back denying the accusations of data protection breaches and fraudulent misrepresentation while claiming that the buyers sacked key directors…
Blog: Supporting the digital health revolution
With the world’s top scientists racing to create effective vaccines, innovation in the life sciences arena is at the top of the news agenda. Behind the headlines and the remarkable breakthroughs, insurance plays a vital role enabling these innovative…
Ardonagh’s Sarah Dalgarno on conduct and culture
As the year draws to a close and people prepare for some long overdue down time, it’s worth pausing to reflect on the role of conduct and culture in how insurance has dealt with challenges and how they can shape responses in 2021, says Sarah Dalgarno,…
Intelligence: Impact of Covid-19 on insurance investments
The economic crisis caused by Covid-19 has been compared to the 2008 financial crisis by economists. With the Bank of England lowering the interest rate from 0.75% to 0.1%, Post finds out what investment themes have emerged in the recent months, and what…
Advertising feature: The lessons we bring from 2020 to 2021
The changes we have seen in 2020 across the insurance industry will live long beyond the initial impacts of the pandemic. The year has centred what we do, why we do it and how we do it back squarely to customers and our colleagues who support them,…
Video Q&A: Davies Group CEO Dan Saulter
In this video Insurance Post content director Jonathan Swift caught up with Davies Group CEO Dan Saulter to talk about digital transformation and deals, including the integration of the defendant law firm Keoghs in acquired in Q1 2020.
Brexit: Looking forward, looking back
With the Brexit transition period ending on 31 December, Post asked insurance trade bodies and associations about the biggest challenges and changes for the market.
Fully Comp episode 11: When will we meet again? – The future of insurance networking in 2021 (part two)
Welcome to the last episode of Fully Comp, Post’s video series tackling some of the biggest issues in insurance, for 2020. Today - for a second day running - we will address the question: When will we meet again?
Blog: Insurers must be prepared as careless drivers face new risk of custodial sentences
With the government announcing that careless driving will carry the possibility of a custodial sentence from 2021, Lili Oliver, Weightmans partner, explores the likely impact on the insurance industry.
Policyholders told to check cover as FCA imposes restrictions on insolvent construction broker
The Financial Conduct Authority has told customers who purchased cover through insolvent South West-based Professional Construction Risks Limited to contact their insurers directly to confirm the status of their policies.
Fully Comp episode 10: When will we meet again? – the future of insurance networking in 2021 (part one)
Welcome to the latest episode of Fully Comp, Post’s video series tackling some of the biggest issues in insurance. Today we ask the question: When will we meet again?
No Supreme Court BI judgment before January, says FCA
Insurers and policyholders will have to wait until next year for the final outcome of the Financial Conduct Authority-led business interruption test case, according to an update from the regulator.
CPC flags Lockton admissions in ongoing court case
Combined Property Control has reported that it will rely on admissions made by Lockton as it replied to the broker’s defence document submitted to the High Court in their ongoing legal dispute.
Aon’s Julie Page on responding to unmet insurance needs
Aon UK CEO Julie Page reveals her focus as president of the Chartered Insurance Institute and calls on the industry to step up the pace in finding solutions to society’s evolving risks and protection gaps.
Hiscox confirms Tom Shewry as UK CFO
Hiscox has appointed Tom Shewry as chief financial officer for its UK business and Hiscox Insurance Company.
Alarm sounded on bookings business that sold unauthorised Covid cancellation cover
The Financial Conduct Authority has issued a warning against a bookings software provider that marketed a cancellation insurance product to owners of UK holiday lets, following an investigation by Post.
Failed Elite ATE policies disclaimed
The administrators of Elite Insurance have disclaimed all but two after the event insurance policies underwritten by the insurer.
Intelligence: Procurement - making two-way partnerships work
Procurement in the 1980s and 1990s was all about who you knew. Tender processes then took over but today the market relies on a rolling review system to ensure customer service levels remain high and partners are delivering as they should on a day-to-day…