Compliance

Reputational risk of AI in insurance

Vanessa Chance, director of communications at SEC Newgate, shares how she has seen firsthand how a poorly managed artificial intelligence tool can do lasting damage to an insurance brand’s reputation and explores the need to have a crisis plan in place.

Is Axiom Ince the start of a new era of SFO investigations?

The Serious Fraud Office’s crackdown in the Axiom fraud case is a key example of the agency’s statement of intent and raises the bar on insurers to self-police corporate fraud, according to Elliott Kenton, partner in the regulatory team at Weightmans and…

Q&A: Julian Tomlinson, Alps

Julian Tomlinson, chair and founder of Alps, talks to Insurance Post about the firm’s M&A appetite, delivering value in legal expenses coverage, and why artificial intelligence is like Tinder for claims.

FCA remains a work in progress

Trade Voice: Chris Croft, CEO of the London and International Insurance Brokers’ Association, says that while the regulator has made strides towards its new objectives, further cultural change is needed.

FCA’s premium finance conundrum: act or step back?

Editor’s View: With falling premiums, a stalled government motor insurance taskforce, and jittery markets, Emma Ann Hughes wonders if no action is now the most likely outcome of the Financial Conduct Authority’s premium finance market review.

Managing PI exposures amid Labour’s building push

When it comes to the government’s target to build 1.5 million homes over the next five years, Tinu Ayoola, senior professional indemnity underwriter at Collegiate Management Services, reckons more haste less speed is required to ensure adequate cover is…

Was I too quick to write off loss adjusting start-ups?

Content Director’s View: Having concluded that loss adjusting start-ups are diminishing in numbers due to compliance, procurement and lack of market disruption content director Jonathan Swift revisits the question of what might help someone buck the…

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