Climate activists have accused the insurance industry for “pointing the finger of blame” at trees, rather than investing its billion-pound profits into preventing flood claims.
CRIF has launched its own ESG evaluation tool to support UK insurers to better assess risks, ahead of prospective regulations, Insurance Post can reveal.
James Nicholson, chief claims officer of Zurich UK, shares how the provider plans to do more retail and mid-market business and how it uses artificial intelligence to handle claims.
Mark Roberts, division president for UK, Ireland and South Africa at Chubb, tells Jonathan Swift he is looking to create wider and deeper relationships with UK brokers plus what factors will help differentiate his insurer from the congested run-of-the…
Analysis of more than 3000 escape of water claims by McLarens found that “trace and access” cover was required in more than half of all claims (51%).
Oxbow Partners and Kita have underlined the scale of the opportunity for insurers looking to capitalise on carbon markets, and how the carbon credit insurance market could reach $30bn by 2050.
A House of Lords report on electric vehicles has outlined what the government must do to reach its ambitious EV adoption targets.
Data analysis: Insurers where chief risk officers, supported by artificial intelligence, have a seat at the top table are most likely to succeed over the next decade, according to a report by consultancy LCP.
The use of artificial intelligence, a changing geopolitical landscape and climate change were revealed to be among the top priority concerns that UK insurers will increasingly have to tackle.
View from the Top: Phil Barton, CEO of Partners&, says insurance brokers should be a model for their clients and not delay in taking sustainability seriously.
Hannah Tindal, Allianz’s head of directors and officers in London, talks about how the insurer is dealing with risks highlighted by the Allianz Risk Barometer from a liability perspective.
View from the Top: Jon Walker, CEO of Axa UK Commercial, says insurers’ insight is key to making this country more resilient to floods and the other effects of climate change.
With a significant spike in complaints suggesting the home insurance industry is struggling to keep pace with the number of claims it is receiving, Tom Luckham examines what is behind settlement delays and how providers are managing expectations.
At an event for the National Flood Forum and the All-Party Parliamentary Group for flood prevention, FloodRe CEO Andy Bord urged insurers to “go even further” with flood resilience.
Reinsurance companies Sirius Point, Riverstone International, Enstar Group, and specialty insurers Blenheim and SA Meacock, have all officially ruled out involvement in the East African Crude Oil Pipeline.
UK risk professionals are more likely to see the shortage of skilled workers, political risks and risks associated with new technologies as pressing concerns than their global peers, according to the Allianz Risk Barometer.
Artificial intelligence-driven misinformation and disinformation has topped the World Economic Forum’s list of short-term risks, while environmental risks continue to dominate the long-term picture.
After homes in Manchester were torn apart by Storm Gerrit, Tegwen Gabb, senior weather and climate analyst at Eurotempest, examines whether tornadoes could become increasingly frequent in the UK and the consequences for the insurance industry.
Climate activists have kicked off the new year by warning the insurance sector “your time is up”, and have revealed plans to protest for a “fair and just transition” to secure a liveable planet for all.
Frank Streidl, UK head of commercial insurance at Zurich, has said the insurer has had to “go on the defence” as competitors look to reshape and retool their commercial lines businesses.
To get you ready for the next 12 months, Insurance Post uncovers five things you need to know about what 2024 holds in store for the industry, according to insurance analysts.