Climate change
Zurich’s Matthias says EU climate alliance is a ‘shared priority’
The European Union will establish a Climate Insurance Alliance, which will deliver actions to narrow the climate protection gap as Zurich’s Resilience Solutions’ global head, Robin Matthias, said the scheme was an opportunity for public-private co-operation.
Q&A: Jeremy Trott, Ecclesiastical
Jeremy Trott shares his plan as church operations director and what he’ll bring to the new role from his six years’ experience as claims director.
FCA’s Knight insists CPD changes are not a relaxation
The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.
LNRS calls for increased subsidence focus post-flooding
Climate-change induced flash flooding is likely to lead to severe subsidence, which must be tackled at a “granular level” by insurers said Lexis Nexis Risk Solution's senior product manager Caroline Elliott-Grey.
Axa ‘spoofed’ in global fake adverts by climate activists
Boycott Bloody Insurance activists have unveiled a global campaign of spoof adverts targeting Axa as the activists say the insurer should not insure fossil-fuel expansion in the Coral Triangle.
Panellists defend industry as protesters once again ‘gatecrash’ Dive In
Aviva’s AI engagement manager Michael Stone and Aon’s global head of early careers, Claire Hollingsworth, discussed how the industry needs to adapt diversity in insurance, on a Dive In panel that was once again disrupted by protesters.
Dive In’s opening sessions disrupted by protesters
Environmental protesters have disrupted the opening two sessions of Lloyd's final Dive In Festival as they criticise the industry for hypocrisy with AI, fossil fuels, and for arms companies which supply Israel.
Former Google AI lead raises concerns over AI use in insurance
Toju Duke, former programme manager for responsible artificial intelligence at Google, has raised concerns about the potential impact of heavy AI use on the cognitive abilities of insurance workers.
MPs and activists call for ‘proactive’ reform to Flood Re's insurers
MPs and climate change activists have called on the government to use ongoing flood policy reforms to examine whether insurers benefiting from Flood Re should also be financing or underwriting fossil fuel projects.
Penny Black’s Social Diary: Golden sponsor for Celtic FC
Penny Black has been out and about again, notebook in one hand and canapé in the other, keeping a keen eye on the insurance industry’s more whimsical moments.
Zurich's Harvey says climate change hazards must be broadened
Insurance responses to climate change need to be broadened out to multiple hazards says Zurich Resilience Solutions’ specialist risk engineer James Harvey.
Heatwaves remind us that climate change resilience is crucial
View from the Top: Sarah Brown, risk engineering and resilience director at Axa Insurance UK, explains why the risk posed from regular heatwaves must be better understood in order to mitigate risk.
Q&A: Tom Williams, Markerstudy
Tom Williams, group head of sustainable business at Markerstudy Group, talks to Insurance Post about the provider achieving the highest EcoVadis standard and how insurers can influence eco-friendly behaviour from customers to suppliers.
Boycott Bloody Insurance change tactics and plan global protest
Boycott Bloody Insurance has revealed protests against the insurance industry will become more artistic and expand into the regions.
Previsico to expand intelligence to more flooding types
Previsico’s head of product, Sam Wilks, has said the risk intelligence company will move to a “hybrid approach” to expand its coverage to multiple flooding types, as severe weather becomes more frequent due to climate change.
Big Interview: Perry Thomas, Flood Re
A decade after Flood Re was created to solve the UK’s flood insurance crisis, CEO Perry Thomas says its biggest challenge is ensuring the scheme’s success does not prevent the market from preparing for its planned closure in 2039.
Endless heatwaves are becoming insurance’s hot potato
Editor’s View: A summer of heatwaves, wildfires and increasing subsidence claims is another warning that insurance cannot rely on yesterday’s climate to price tomorrow’s risks, according to Emma Ann Hughes.
Protestors accuse sector of hiring ‘corporate spies’
Climate change protesters have claimed the insurance sector has hired “corporate spies” to tail activists.
Penny Black’s Social Diary: Insurtech UK’s specs-appeal
Penny Black has been out and about again, notebook in one hand and canapé in the other, keeping a keen eye on the insurance industry’s more whimsical moments.
How insurers are navigating a stormy yacht market
From superyachts to mid-tier pleasure craft, Tom Luckham explores what's driving the yacht insurance market, and whether better tech, data and underwriting is keeping pace with risk.
Protecting panting pets from overheating in heatwaves
As the UK swelters through heatwaves, Scott McGee discovers insurers are seeing signs that soaring temperatures are changing the nature of pet claims and prompting renewed focus on prevention.