Insurer
Protester fined £660 after fake oil spill at Lloyd’s
Henry Owen has received a £660 fine and an 18-month conditional discharge after pleading guilty to criminal damage for spilling 1000 litres of fake oil outside Lloyd’s last month, Insurance Rebellion has updated.
Lloyd v Google: Supreme Court judgment spares insurers ballooning class action liability exposure
A Supreme Court judgment handed down last week that found in favour of Google is expected to spare businesses operating in the UK and their insurers from being liable for potentially billions of pounds in claims.
Rupert Jarron swaps DXC for EIS
EIS has hired Rupert Jarron as managing director for Europe, the Middle East and Africa as it looks to expand across Europe.
Axa retail CEO says pricing review heralds the most ‘endemic’ change in market's recent memory
The Financial Conduct Authority's pricing review will bring the most “endemic” change the insurance market has experienced in a long time and the work that comes with it should not be underestimated, according to Axa Retail CEO Tara Foley.
AIG’s Anthony Baldwin on tangible solutions for intangible risks
AIG UK CEO Anthony Baldwin details how and why insurers, brokers, risk managers and business owners need to work closely together to protect the vital asset class of intangibles.
Mumenthaler named Geneva Association chairman as Blanc joins board
Swiss Re CEO Christian Mumenthaler has been made chairman of the Geneva Association with Aviva CEO Amanda Blanc joining its board.
Atradius UK appoints country manager
Oliver Ford has been named country manager at Atradius UK.
Rob Gibbs leaves RSA as Lee Mooney and Steve Watson step up in Intact specialty integration
Rob Gibbs, commercial lines managing director at RSA, has decided to leave after 23 years with the business, the insurer has confirmed.
FSCS cancels 2021/22 retail pool contribution but forecasts £900m levy for following year
The Financial Services Compensation Scheme has dropped its 2021/22 levy to £717m from a forecast £833m as it cancelled the predicted £116m contribution to the retail pool.
Aviva’s Owen Morris on bringing a fresh perspective to the insurance industry through neuro-inclusivity
Owen Morris, managing director for personal lines at Aviva, assesses the need to raise awareness of neurodiversity and the important actions the insurance industry should be taking to make fundamental improvements.
COP26 Blog: Climate change protest could be the ‘next pandemic’ for the crisis management market
Tariq Al-Salihi, head of crisis management, London Market and Europe insurance at Sompo International, considers the potential impact of escalating climate protests on the political violence market.
Hannah Gurga to succeed Huw Evans at ABI
Hannah Gurga will become the next director general of the Association of British Insurers taking up the post in early 2022, the trade body has confirmed.
Updated - Briefing: What is a home emergency
I’m 168 hours into a home emergency. For seven days I have had no hot water and no heating. This is an emergency for me but my provider seems to think otherwise.
Allianz recognised in first Laureus Sport for Good Index
Allianz was the only insurer among 29 brands listed in the inaugural Laureus Sport for Good index launched at the UN Climate Change Conference, COP26 in Glasgow.
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.
Aon’s Richard Hanlon on the need to focus on defence in cyber risks
Richard Hanlon, chief commercial officer for Aon’s Cyber Solutions Europe, Middle East and Africa, says with cyber attacks reaching new levels it is crucial businesses test their resilience with regular attack simulations
Insurance industry climate change commitments lacking action plans, says Carbon Chain co-founder
Insurance industry is behind other industries when it comes to taking action on climate change, according to Carbon Chain chief operating officer and co-founder Roheet Shah.
Flood Re CEO warns that flood resilience is not being prioritised
Andy Bord, CEO of Flood Re, has called for increased focus on adaptation measures to cope with climate change that “is already in the system”.
COP26 Blog: Climate change and the regulatory landscape
With a growing trend towards compliance with climate-related reporting standards and a flurry of other regulatory proposals in the post, companies and their insurers will be forced to put green issues at the head of the agenda if they haven’t already…
EY issues home/motor profit warning for 2022; Collective Benefits and Nimbla get US investment; HSB buys MG Group; Floodflash and Munich Re partner up; and Carrot sold to Granite
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
COP26 Q&A: Rodney Assock, LV
With the COP26 summit bringing parties together in Glasgow to accelerate action towards the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change, Post caught up with Rodney Assock, culture and corporate social…
Insurers must not get in the way of customers' net zero transitions, conference hears
Speaking at the COP26, Net Zero Insurance Alliance founding members urged that insurers should not get in the way of customers moving to net zero.
Roundtable: Improving quote conversion, retention and profitability in the personal lines market
Adding online payments and ensuring consistent service could be a key differentiator for insurers in winning new business and retaining existing customers. At a recent roundtable sponsored by PayPal an expert panel discussed the need for simplicity and…
COP26 Q&A: Alex Perry, Bupa
With the COP26 summit bringing parties together in Glasgow to accelerate action towards the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change, Post caught up with Alex Perry, CEO of Bupa UK Insurance, to find out…