United Kingdom (UK)
Supreme Court BI test case hearing confirmed for November
The Supreme Court will start hearing the appeals of six insurers, the Hiscox Action Group and the Financial Conduct Authority in the ongoing Covid-19 business interruption test case on Monday 16 November, the FCA has confirmed.
Analysis: FCA takes the ‘nuclear option’ on dual pricing
In September, the Financial Conduct Authority published its long-awaited final report on pricing practices in the home and motor insurance markets, putting forward a package of measures that its interim CEO described as “probably the most radical shake…
Ageas’ Ant Middle on social responsibility
While the pandemic has brought heartache in so many forms, it has also ignited real positivity through the ways people have supported one another like never before, says Ant Middle CEO of Ageas UK.
Ageas UK names Adam Beckett chief distribution officer
Adam Beckett, most recently Aviva propositions director, will join Ageas UK as chief distribution officer in 2021.
Aon and Direct Line Group discussed how insurance firms can seize the initiative on privacy, cyber risk and operational resilience
What operational challenges have insurance companies faced and how can they ensure optimal cyber resilience for future disruptions?
Future Focus 2030: The insurance eco-systems podcast - the evolution of collaboration
It is the year 2030 and the last decade has seen the insurance eco-system evolve as quickly in 10 years as it had previously done in the last century.
Future Focus 2030: The eco-system revolution
As part of a monthly series, Post looks into the future at how the insurance industry might change, focusing on a specific issue. For this instalment David Worsfold looks into the evolution of insurance eco-systems
Blog: When the wind blows
October can be one of the worst months for hurricanes in the US. While Atlantic hurricanes tend to become tropical storms by the time they reach the Irish or British coasts, the increase in ocean temperatures means there may be more chance of hurricanes…
Blog: Adopting a diverse and inclusive culture that is not just surface level
Recent research has found that a large portion of insurance workers feel more must be done on diversity. Culture Shift CEO Gemma McCall breaks down the findings and considers the industry's next steps.
Hiscox UK names Louise Marling COO
Louise Marling, formerly Hiscox UK interim change director, has been appointed as the insurer’s chief operating officer.
Government urged not to rush whiplash reforms
With an April 2021 launch date still on the table for the small claims portal, the government has been urged to do it right rather than “rushing” it.
Travelers and QBE face Stonehaven train crash liability claims
Third party liability claims arising from August’s Stonehaven train crash in Scotland will fall to either Travelers or QBE, broker letters reveal.
Analysis: FCA sets sights on broker failures
The Financial Conduct Authority’s Dear CEO letter at the start of September revisited its concerns about insurance intermediaries being at risk of financial failure during the Covid-19 crisis and the need to plan for orderly wind-downs.
Lloyd’s bosses bombarded with ‘calendar jam’ as insurers targeted on Twitter
Apollo ruled out further dealings on Adani projects as climate campaigners hit Lloyd’s insurer CEOs with calendar invites and targeted companies on social media.
CHO chair Kirsty McKno to bow out
Credit Hire Organisation chair Kirsty McKno will step down in November, with a strategic board set to take over.
Spotlight: Climate change: Aviation, carbon neutrality and the potential impact on the insurance market
After 197 countries signed the Paris Agreement in 2015, there has been a call for industries to solidify proposals to tackle climate change. Additionally, the onset of the Covid-19 pandemic has amplified the effects that these industries have had on the…
Spotlight: Climate change: The role of insurers in reducing carbon emissions
Insurers will come under increasing pressure to demonstrate their pro-active engagement with the need for effective action to tackle global warming. Fine words, grand gestures and clever marketing will not be enough. Meaningful, effective action will be…
Minster Law posts £1.1m profit as it launches digital claims portal
Minster Law has reported a £1.1m profit for 2019 as it launches a digital claims portal to 75% of its customers.
Solvency II review to be tempered by equivalency considerations
Possible changes to the prudential regulations governing UK insurers could be limited by a desire not to stray too far from the EU’s Solvency II regime, a partner at Mazars has told Post.
Peter Zaffino to succeed Brian Duperreault as AIG CEO
Peter Zaffino, AIG president and global chief operating officer, will succeed Brian Duperrault as AIG CEO in March 2021.
Climate activists plan day of digital disruption to Lloyd's
Climate campaigners from across the globe will join a digital protest calling on Lloyd’s to “act on the climate crisis, not act as the last refuge for climate wreckers like Adani to secure insurance”, with thousands of participants expected.
Fully Comp episode 5: The insurance challenges of automated lane keeping systems
Welcome to the fifth episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
Pen Underwriting’s Tom Downey on data quality and the need for collective responsibility
Tom Downey, CEO of Pen Underwriting, sets out why data quality is the key battleground of today that no-one in the insurance industry can afford to lose.
Lloyd's survey: Seven in ten black participants say they face recruitment barriers
Lloyd’s diversity survey found that 71% of black employees say they have faced barriers to recruitment and 80% believe they experience barriers to promotion once in the role.