Liability
Brokers call for 'low-level' compulsory cover as e-scooter trials begin
With the UK government ready to introduce e-scooters on the roads from this weekend as part of trials, the British Insurance Brokers’ Association has called for the development of a “low-level minimal insurance requirement."
Insurance Covid-Cast: What next for managing general agents?
In the 30th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss what the future holds for managing general agents.
Profits nearly quadruple at Ecclesiastical in 2019
Ecclesiastical delivered £58m in post-tax profit last year, more than treble the £15.2m achieved in 2018, according to a filing at Companies House.
Future Focus 2030: The future of personal injury podcast - the pathway to reform
It is the year 2030. After a number of false starts the government finally introduced its Whiplash reforms in April 2022 following delays due to the extended impact of Brexit and Covid 19.
Future Focus 2030: The future of personal injury claims
In the second of a new monthly series, Post looks into the future at how the insurance market might change, with each part focusing on a specific issue. Jonathan Swift fast forwards a decade to look at how a new era of collaboration and ethics changed…
Northern Ireland launches consultation on negative discount rate
The Northern Irish Department of Justice has launched a consultation into possible changes to the legal framework for setting the personal injury discount rate.
Markel drops wholesale personal accident and contingency insurance
Markel International has stopped writing wholesale personal accident and contingency insurance as its refocuses the PACE portfolio exclusively on entertainment with immediate effect.
Explainer: 'Contra proferentem' in insurance
The Financial Conduct Authority has said if necessary it will argue 'contra proferentem' in its business interruption High Court test case. Post explores what this means.
MoJ defends decision to drop ADR from whiplash portal
The Ministry of Justice has defended its decision to remove alternative dispute resolution from the incoming whiplash portal having received criticism from claimant lawyers over the move.
FCA enacts guidance on insurance value during Covid-19 crisis
The Financial Conduct Authority has brought new guidance into force with immediate effect, telling insurance businesses to consider the impact of the coronavirus pandemic on the value of their products.
Axa forecasts €1.5bn coronavirus hit and halves dividend
Axa has estimated it will face €1.2bn (£1.07bn) in property and casualty coronavirus related costs along with spending €300m on ‘solidarity measures’.
R&Q reveals record profits as it unveils growth ambitions
Randall & Quilter Investment Holdings has reported a 180% rise in pre-tax profit from continuing operations to £40.1m for the year ended 31 December 2019.
Government urged to consider safety ahead of e-scooter trials
The UK government has been urged to “err on the side of caution” when dictating the rules of e-scooter trials next month.
Claimant firms gear up for EL claims as employers rush workforce back after lockdown
Lawyers have warned that insurers could face an influx of employers' liability claims after the government changed it stance and is actively encouraging those who can’t work from home to return to their workplace following an easing of coronavirus…
Pandemic crisis accelerating hard market return, say execs
Pricing momentum towards a hard insurance and reinsurance market will continue with the coronavirus crisis acting as a catalyst for steeper rate increases, industry executives have said.
This Month: Putting the insurance industry under the microscope
This month we put the insurance industry under the microscope - looking into how much progress the Lloyd's market has made to bolster diversity and inclusion in the sector, the efforts taken to pay out business interruption claims and the industry's…
FCA scrutinises insurance value for money during coronavirus crisis
The Financial Conduct Authority has ordered firms to analyse if and how the coronavirus pandemic has impacted the value of personal and commercial lines insurance products and take appropriate actions.
Trade Voice: Foil's Jennette Newman on vicarious liability
Jennette Newman, vice-president of the Forum of Insurance Lawyers and partner at Clyde & Co, discusses the legal developments around vicarious liability and what recent court cases such as those involving Barclays and Morrisons mean for insurers.
Insurers praised for postponements on unoccupied premises clauses
As many businesses hit one month out of their offices and workplaces insurers have been praised for their response to unoccupied premises clauses in buildings insurance.
180 years of Post: Insuring the film industry
PREMIUM: There may be no business like showbusiness but, without the expertise of the insurance sector, the movie industry would struggle to create the magic we see on the silver screen. Post takes a look at how insurance has shaped the world of cinema
Beazley and Chubb reveal Q1 coronavirus hits
Beazley has reported a $170m (£137.7m) impact from Covid-19 related claims while Chubb took $13m of pre-tax $13m losses in the first quarter of the year.
Whiplash reforms pushed back into 2021
Whiplash reforms, including the implementation of the claims portal, have been pushed back to April 2021 due to the coronavirus pandemic.
Blog: Navigating risk in a changing operating environment
Diversification can be key to business stability and growth as companies across the country are finding themselves navigating changing operating environments within their industries and professions, offering potentially rich rewards. But Paul Coleman,…
Blog: Product recalls - what will happen post-Brexit?
Product quality is essential to business survival, and yet these days, it seems recalls are rarely out of the media. Mistakes happen and processes fail, but it’s often with disastrous consequences to the business and the brand. Andrew Robinson, head of…