Insurer
Analysis: Inside two years of insurance data breach reports
Exclusive: Insurers, brokers and other firms within the industry have made 315 data breach reports over two years, with many of the best known businesses in UK insurance among those to notify and cyber a growing concern.
Stonegate pub chain 'has no further claim' argue insurers in £845m BI case
MS Amlin, Liberty Mutual and Zurich have argued that pub chain Stonegate “has no further claim” against them and that even if it did, its £845m claim estimate is “hugely overstated”.
Blog: Securing peace of mind in the wellbeing sector
Peach Pi underwriter Maria Naghshbandi considers the cover and claim minefield for practitioners operating in the widely unregulated wellness sector.
Blog: Tinnitus – the next whiplash?
Weightmans associate Richard Burrows zones in on tinnitus claims.
Analysis: Cyber cover and the ransomware factor
Global cyber insurance pricing increased by 32% over the last year, research suggests, as insurers refine their approaches and some experts argue the full benefits of the cover are yet to materialise.
US DOJ investigation 'credit negative' for Allianz says Moody’s
The US Department of Justice is investigating the Structured Alpha funds managed by Allianz Global Investors, which according to Moody’s “increases the risk of a material financial and reputational fallout”.
Hiscox shifts cyber insurance stance as it posts $133m H1 profit
Hiscox is seeking to cut its reinsurance exposure to cyber-attacks and refocus its retail cyber insurance portfolio on smaller businesses amid the global surge in ransomware attacks.
Blog: Not everyone wants their day in court - why the whiplash reforms can benefit from ADR
The Official Injury Claim portal was launched to the public two months ago, but Tim Wallis, chair of Trust Arbitration, suggests the introduction of alternative dispute resolution might be necessary for claimants, insurers, and law firms to realise the…
Analysis: The importance of diversity and inclusion in claims
Post spoke to senior claims figures on the role of diversity and inclusion in supporting customers' needs.
Blog: Teething problems with the Official Injury Claim portal
Caroline Johnson, technical claims director at LV General Insurance, highlights 'teething problems' with whiplash reforms.
Lloyd’s unveils roadmap to cross-industry net-zero
Lloyd’s of London, which on Wednesday was targeted by climate activists wielding green paint, has published a roadmap detailing steps to push industries towards net-zero.
Briefing: Dye, Stovin, Masojada and now Reader, is a ‘pangdemic’ reshaping the CEO landscape in UK insurance?
There appears to have been an unseasonally large amount of turnover at the top of UK insurers recently. Jonathan Swift suggests this could be down to something he is calling the 'pangdemic'.
Hiscox/HAG arbitrators said furlough should not be deducted from BI payouts
The arbitrators who heard the dispute over business interruption claims between Hiscox and the Hiscox Action Group said that furlough payments ought not to be deducted from claims awards, Post can reveal.
Analysis: Insuring NFTs
Non-fungible tokens have soared in value and popularity but insurance protection for the digital assets remains up in the air.
TIF Group’s UK travel insurance sales paused as URV and White Horse step back
Managing general agent Travel Insurance Facilities Group has confirmed it “hopes to be able to continue to offer travel insurance” as soon as possible after Union Reiseversicherung hit pause on new sales.
'Unpleasant financial results' in store unless motor insurance market turns, says Sabre's Carter
The soft motor insurance market needs to turn sooner rather than later if some market players are to avoid “unpleasant financial results” in the years ahead, Sabre CEO Geoff Carter has warned.
Pub chain Stonegate's BI policy limits challenge could spell trouble for insurers
A business interruption claim for Covid-19 losses brought by the Stonegate Pub Company against three insurers could cause the cost of the pandemic to the wider insurance market to rocket if it is successful, lawyers have told Post.
LV’s Michael Lawrence on the importance of investing in digital for the future
Michael Lawrence, distribution and underwriting director at LV Broker, looks at the lessons learned during the pandemic as brokers and insurers continued to serve customers and how firms will need to continue to test themselves and adapt in a hybrid…
Beazley touts cyber claims frequency reductions as it returns to profit
Underwriting action taken at Beazley towards the end of last year has cut cyber claims frequency in half, the insurer revealed on Friday as it reported a $167.3m (£121.8m) pre-tax profit for the first half of 2021.
Hand sanitiser slips and stress claims warning as leisure and hospitality reopens
Hand sanitiser slips and stress are among the risks employers in the leisure and hospitality sector need to be aware of in the wake of Covid restrictions being lifted, lawyers at Keoghs have said.
Hiscox CEO Bronek Masojada to retire as insurer names successor
Hiscox CEO Bronek Masojada, who has been in post for 21 years, intends to retire at the end of the year.
Reinsurers face up to $400m bill for spectator free Tokyo Olympics
Reinsurers will see up to a $400m claims hit from a spectator free Tokyo Olympic Games, ratings agency Fitch has calculated.
Flood Re confident on lowering levy to £135m for next financial year
Flood Re is confident that its build back better proposals and reduced insurer levy will soon get government approval, CEO Andy Bord has confirmed, as he detailed plans for the organisation to buy lower limits in its own reinsurance programme.