Liability
Analysis: 5G ready: Super signal surge
Powerful 5G smart tech devices are expected to be rolled out this year. They are anticipated to overtake 4G in terms of reliability and innovation, as well as increasing data speeds, resulting in faster downloads and increased capability for digital…
Martin Kelsh joins HW Wood
Martin Kelsh, the former production and distribution director of Neon, has joined Lloyd’s broker HW Wood as head of the international non-marine team.
Enough capital in 'asymmetrical' reinsurance market: Guy Carpenter
There was adequate capacity to meet rising demand in the reinsurance sector during the 1 January 2020 renewal period, according to Guy Carpenter, however the results for buyers were mixed depending on a range of factors.
UK motor reinsurance rates rise by up to 35%, says Willis Re
UK motor liability reinsurance rates for some accounts rose by up to 35% in the annual January renewal season, according to Willis Re.
Tradewise secures £55m of motor trade capacity from Berkshire Hathaway
UK managing general agent Tradewise Insurance Services has sourced £55m of capacity from Berkshire Hathaway via Faraday in London to continue writing motor trade business, as Tradewise Insurance Company goes into run-off.
Analysis: Discount rate disparity - will the Scottish market become unfavourable?
With the Ogden discount rate in Scotland set to remain at minus 0.75%, could insurers in the country start to feel squeezed, and begin to be squeezed out?
MoJ secrecy on small claims portal under fire
The Ministry of Justice faced criticism on secrecy around the development of the small claims portal at Post’s Insurance Claims and Fraud Summit in London yesterday.
Blog: Machinery breakdowns - what are the risks to businesses?
Although cyber takes the headlines, machinery breakdown can be equally damaging to businesses, according to Owen Lewis, group manager for account engineering at FM Global's London operations, with a recent analysis of the company's client losses…
Huge data breach claims necessitate cyber insurance rethink, warns Kennedys
Data subject claims are on the rise and will be “the next in a long line of mass litigations” producing “exposures in the tens of millions”, according to Kennedys.
Analysis: Trampoline parks – on an upward trajectory for insurance?
To borrow an analogy from Forrest Gump’s mother, writing about insurance can be like a box of chocolates – you never know what you’re gonna get. On the topic of trampolines, an assortment of ‘no comments’ left a rather nasty taste
Blog: Contents insurance - meeting the needs of generation rent
The rental market in the UK is changing and it's changing fast. As house prices go through the roof, owning a place has become a pipedream for the younger generation, writes Stephen Cowap, head of insurance at Urban Jungle.
US commercial drone insurtech partners with Chaucer in UK expansion
US on-demand commercial drone insurtech Skywatch AI has expanded into the UK, where its policies will be underwritten by specialty reinsurer Chaucer.
Blog: The MIB's litigant in person portal is only fit for sunny days
The Motor Insurer's Bureau might have outlined how it expects the proposed litigant in person portal to work. But Marcus Taylor, director of claims at Minster Law, argues that while this might be fine for 'sunny day' scenarios, there was much detail…
FSCS lifts lid on response to collapsed insurers
The Financial Services Compensation Scheme has helped compensate tens of thousands of policyholders following the collapse of five unrated insurers over the past three years. Chief operating officer Jimmy Barber talks to Post on efforts to recover cash…
Direct Line motor head warns of 'dangerous' autonomous vehicle tipping point
The tipping point between level two and level three automation is a potentially dangerous place, according to the head of motor at Direct Line.
Analysis: Cutting the costs and risks of employee benefits
Being able to offer attractive employee benefits is vital in terms of recruitment, retention and productivity, but they are both costly and risky
This week: All change
It’s all change for the country this morning as Prime Minister Theresa May confirmed she would step down from office after failing to unite MPs on the way the UK should leave the European Union.
Blog: Strict liability for animals: a dance with dragons
As the dust settles on the final season of HBO’s Game of Thrones, Michael Collins, an associate and solicitor advocate in BTO’s insurance team, answers the question we have all being asking: when a dragon burns down a property, can the property owner…
Analysis: Managing the M&A insurance risk
It was the Competition and Markets Authority that recently put paid to Sainsbury’s and Asda’s marriage plans, but there are plenty of other risks that also regularly threaten the success of mergers and acquistions – ranging from the uncovering of…
Clyde & Co establishes presence in Dublin ahead of Brexit
Clyde & Co has opened an office in Dublin to ensure its Irish law insurance practice can continue to operate seamlessly as the UK leaves the EU.
Spotlight on: Beazley's Birmingham office
Exclusive: Beazley opened its Birmingham office as part of a strategy to diversify away from its core US business. Fourteen months later, the office is likely to be held up as a model for the company's further expansion plans.
Insurers can 'breathe easier' as Supreme Court clarifies the use of compulsory motor insurance
Supreme Court has ruled against Axa in a landmark dispute between a property damage insurer and a motor insurer over £2m fire claim.
Analysis: The changing nature of festival risk
Festivals are growing in size, number and scope. They are rapidly becoming a more immersive experience, rather than solely about music. With these changes come wide-ranging additional requirements for cover and a need for the insurance sector to innovate
Opinion: SMEs: Emerging risks - Tackling the challenges facing SMEs
SMEs may be concerned about keeping a competitive advantage – but it’s the evolving workforce challenges that can have the greatest impact on their success