Flooding
L&G sees GI profit drop of 48% from escape of water claims
Legal & General saw a 48% drop in profits for its general insurance unit due to higher than expected costs from escape of water claims.
Flood-hit business owner sentenced for fraud
A flood-hit shop owner has been ordered to pay compensation after attempting to falsely claim £107,000 from her insurer.
Flooding and storms wreak havoc across Asia
As Typhoon Noru approaches Japan flooding has killed over 250 people across Asia over the last few weeks and caused hundreds of millions of dollars of damage.
Interview: Jeremy Hyams, Claims Consortium Group
Jeremy Hyams started his business with a £500 start-up bank loan 20 years ago. Now, CEO of Claims Consortium Group, he was recently the recipient of the Queen’s Award for Innovation.
Crawford's Benedict Burke named Insurance Personality of the Year at 2017 BIA
A “seasoned campaigner,” Crawford & Company’s chief client officer Benedict Burke was handed the Insurance Personality of the Year prize at the British Insurance Awards last night for a sterling 18 months which has seen him make a mark on a number of…
Flood Re reports pre-tax profit of £130 million
Flood Re has reported a pre-tax profit of £130 million in its end of year results after backing 127,326 policies in its first year of operation.
ICA backs Tasmania flood review report
The Insurance Council of Australia is backing calls for the government to invest in more disaster mitigation after last year's deadly flooding in Tasmania.
Q&A: Cheryl Agius, L&G
Cheryl Agius was recently appointed CEO of Legal & General's general insurance business. She talks to Post about what GI can learn from retirement and other sectors, and in which areas she's looking to grow the business.
Blog: Connected homes should get cheaper premiums
Connected devices could help household insurers offer cheaper premiums to responsible homeowners, says Craig Foster, managing director of Homeserve Labs.
Blog: Insurers need to invest in handling subsidence claims
Insurers may not be saving that much money by cutting back on subsidence claims handling, notes Nick Turner, professional services director at Claims Consortium Group, arguing that triage and on-site inspections can help provide a smooth service and…
Legal Update: New technology risk in construction
Construction professionals using unproven technologies may inadvertently affect their professional indemnity cover if they fail to disclose all relevant information to their broker and to keep their insurer in the loop, warns Hannah Cane, partner and…
Q&A: Rob Flynn, More Than
More Than relaunched last week with a new advertising campaign featuring fictional Scandinavian founder Mordenn Surenns. Real-life boss of More Than Rob Flynn talks about the developments behind the scenes at the direct insurer.
This month in Post: Awards, acquisitions and a new Act
It's been a challenging month here in Taunton. A new bridge has gone up on the main road, amid the gazes of many excited onlookers, and - equally exciting - a new fence is being erected on one side of my garden.
Covéa's James Reader on insurance's ‘two lengths of the pool’
Spending some time with sport psychologist Simon Hartley reminded James Reader, CEO of Covéa Insurance, it can be all too easy to lose focus on what we’re really here to do
Blog: Risk of flooding will not decrease without collaboration
As an insurer, we do unfortunately see first-hand the devastating impact flooding can have on homes and livelihoods.
Vietnam's growing flood threat
A rapidly rising population in the areas most exposed to flood could make losses in Vietnam an imminent problem for the industry.
FM Global launches interactive global flood map
FM Global has launched its interactive global flood map for executives and risk managers.
Flood Re marks first birthday
Flood Re, the non-profit flood reinsurance scheme, marks its one year anniversary today.
Rising Star: Rachel Marks, Crawford & Company
Marks is a loss adjuster focusing on agricultural, rural industries and estates losses at Crawford
Biba to outline benefits of flood SME scheme to parliament
The British Insurance Brokers’ Association will outline the benefits of its small to medium enterprise flood scheme in parliament later today.
Over 850 claims from weekend Auckland flooding
Over 850 insurance claims have been received by New Zealand's insurers after flash floods in the Auckland area.
Flood Re: One year on – how effective and successful is the scheme?
Post looks at Flood Re as it approaches its anniversary