Brexit
Incoming Norgrove praised amid market surprise at Egan's RSA departure
Market specialists were surprised by RSA UK & International CEO Scott Egan’s departure but welcomed Ken Norgrove as the new RSA leader and urged him to push on with making the provider more outward looking.
Blog: Perfect storm of factors expected to leave large portfolios underinsured
Brawdia managing director Philip Barmby mulls the impact of a turbulent time on the construction sector and property, and the increasing risk of underinsurance.
Intelligence: Reforms under the microscope
In its pre-budget statement the Association of British Insurers called on the government to reform the financial services regulation inherited from the European Union and unlock nearly £1trn over 15 years that could be invested in the UK’s transition to…
ABI expresses disappointment over government regulatory framework consultation
The government’s second consultation on regulatory framework reform has received a mixed response from trade bodies.
Interview: Steve McGill, McGill and Partners
Having successfully launched the boutique specialist (re)insurance broker only two years ago CEO Steve McGill sets out the firm’s ambitious global growth plans, the ethos underpinning the relatively new start-up and reflects on his route through the…
Intelligence: Glasgow regional review
The 2021 United Nations Climate Change Conference, also known as COP26, is scheduled to be held in the city of Glasgow next week. Post investigates how the city has fared through the pandemic and how the insurance sector is supporting it.
Intelligence: Product recall and labelling laws
Natasha’s Law has opened up a fresh range of risks for food businesses, while Brexit and Covid-19 have impacted product recall in other areas and ways. Post looks at what insurance cover is available for firms and what triggers they respond to
Advertising feature: Property claims - building supply chain resilience in a crisis
Lee Nicholls, technical product manager at CoreLogic, shines the spotlight on how technology is fostering greater resilience across the supply chain in the face of the current challenges for the construction sector
London company market premiums hit record levels despite Brexit impact
Rising rates and an influx of business previously written at Lloyd’s mean the London company market’s premium income has never been higher, even as it continues to bleed European premium in the wake of Brexit.
Top 100 UK Insurers 2021
Covid-19 had the biggest impact on insurers in 2020. Commercial lines insurers suffered while personal lines insurers broadly benefited according to William Keen-Tomlinson, senior financial analyst in London for AM Best.
Interview: Adam Winslow, Aviva
Adam Winslow, UK & Ireland GI CEO at Aviva, talks to Stephanie Denton about commercial growth, meeting high standards and getting the triangle right.
Trade bodies collaborate on product governance amid concerns of sluggish progress
Insurance industry trade bodies are working to agree templates for information sharing between firms to enable them to more easily come into line with the Financial Conduct Authority’s enhanced product governance rules.
Intelligence: Grading the education insurance market
Experts specialising in education sector insurance have hailed the market’s performance during the pandemic and expressed optimism for more success as students head back to university and further education colleges.
Spotlight: Smarter decision making – Intelligent lead pricing: helping counter SME underinsurance
For businesses, finding at the time of a claim that their policy will not pay out can be catastrophic. Unfortunately, underinsurance among SMEs is a growing problem. Valerie Hart looks at how improving intelligent lead pricing through digital technology…
Aviva and LV join Ebay green parts push; Davies buys Asta; Marshmallow becomes latest UK insurtech unicorn; and Covea backs new pet insurance alternative Animor
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz’s Graham Gibson says the time is now for sustainable claims
As the summer floods have shown, urgent action is needed to tackle climate change. Insurers have already committed to investment and underwriting targets but can also make a difference on the ground in the way they handle claims Graham Gibson, chief…
Spotlight on open banking and SME: Open banking will play an important part in meeting customers’ needs
Despite slow progress to date there are signs that some in the insurance sector are starting to get a handle on the value of open banking. On the back of a survey, in conjunction with Crif Decision Solutions, Post highlights some of the benefits that…
The top 30 European Insurers 2021: A turbulent time
The impact of Covid-19 saw the European non-life insurance market report a decline in gross written premium and profit after tax. Mathilde Jakobsen, director, analytics, Amsterdam, AM Best, analyses the numbers and reports on the movements in the ranking…
Government names John Edwards as preferred pick to lead ICO
The government has named John Edwards, currently New Zealand’s privacy commissioner, as its choice to succeed Elizabeth Denham as the next information commissioner and revealed plans to consult on reforms to the UK’s data regime.
Q&A: Caroline Wagstaff, London Market Group
In her first interview since becoming interim CEO of the London Market Group, Caroline Wagstaff explains her route to the role, delivering for government, customers, and future talent as well as how she balances the demands of the market-wide body’s post…
Intelligence: The future of construction insurance
Between geopolitics, a health crisis, climate change and rising costs, it’s clear the construction industry is operating within an uncertain environment at the moment. Could evergreen policies be the answer?
Blog: Loss adjusting on the emerald isle
Craig Harris, Criterion loss adjuster, reflects on the unique challenges of loss adjusting in Ireland.
View from the Top video: Driving capital optimisation
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Eric Paire, head of capital advisory, Aon, discussed why insurers might be struggling to create a positive spread above their cost of capital.
Boardroom video: Building business out of Covid-19
In this video recorded as part of the Insurance Post Live Annual Conference 2021 an expert panel discuss what the future UK insurance industry might look like