Liability
Air India crash claim could reach around £150m
The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData.
Court deems credit hire companies liable for costs
In what has been labelled a “landmark victory for insurers,” the Court of Appeal has given definitive guidance that credit hire organisations are responsible for the costs of unsuccessful litigation.
Weightman’s AI tool; Markel’s insurtech product; NFL player promoted
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Markel’s Lowther on the risks of AI adoption for SMEs
As artificial intelligence adoption among SMEs accelerates in pursuit of greater efficiency, growth and competitive edge, Mark Lowther, head of technology for Markel in the UK, says businesses must also confront the growing legal, ethical and…
Can insurers harness the power of Generative AI?
Generative artificial intelligence has the market buzzing around its huge potential for business growth, but at this early stage, Rachel Gordon warns many factors need careful consideration.
Throwback Thursday: Oil slick unpicked; BSE liability
Insurance Post’s Throwback Thursday steps back in time to May 1990 to remind you what was going on this week in insurance history: an oil slick off the Devon coast and Commercial Union was feeling under the weather.
Big Interview: Jason Richards, Swiss Re
Jason Richards, Swiss Re CEO for UK and Ireland sits down with Scott McGee to talk through company priorities, the UK property insurance market, and what he thinks must be the top priorities for the next CEO of Lloyd's.
AI will have a greater role to play in claims despite initial hesitancy
While the insurance sector has reservations about artificial intelligence being used to decline claims and determine liability, the technology is going to have a greater role to play in claims, including larger ones.
Louise O’Shea, CFC
Louise O’Shea became group CEO of CFC in 2024 and is passionate about driving growth and cementing the business’s position as a leader in innovation, while creating an inclusive culture for all.
NordVPN’s cyber cover; DCL’s truck product; Consilium’s claims chief
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Is ‘cancel culture’ creeping into insurance?
Following the launch of the UK’s first ‘cancel culture’ insurance product, Tom Luckham explores the effect that ‘culture war’ is having on the insurance industry.
Throwback Thursday: Strikes impact Post
Insurance Post’s Throwback Thursday steps back in time to April 1980 to remind you what was going on this week in insurance history when our publication was lighter than usual on news due to the printing industry going on strike.
Martyn's Law receives Royal Assent
Businesses have been given two years to implement the requirements of Martyn’s Law, landmark piece of counter-terrorism legislation.
Is the OIC portal a success after one million claims?
With one million claims submitted over four years at a cost of £47m to the insurance industry, Scott McGee asks: Has the Official Injury Claim portal been a success?
Cytora joins Google Cloud; PIB buys MGA; SRG’s head of corporate
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Court of Appeal overturns judgment in favour of insurer
The Court of Appeal has overturned a lower court judgment in favour of insurers, providing a clarification on the how the courts will interpret the Insurance Act (2015).
Mapfre Re x CyberCube; Specialist Risk Group buys broker; Hiscox’s chief auditor
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Beazley CEO says ‘it’s getting more difficult to grow’
Beazley has reported record pre-tax profits of $1.42bn (£1.12bn) for 2024, but is forecasting a slowdown in growth this year as market conditions turn.
Admiral joins Build Back Better; PIB’s milestone; Lockton’s GM
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
How insurance helped and hindered the care sector
Almost five years on from the first Covid-19 pandemic lockdown, Scott McGee examines how insurers helped care providers make sense of the barrage of government guidance, why some have pulled back from offering cover, plus what the industry is doing today…
Thatcham and Elixirr partner; Lockton’s facility; Cowbell joins ABI
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Increased Arctic shipping lane traffic heats up risks
As record numbers of commercial vessels and cruise ships make Arctic Polar Code journeys, Tim Evershed unpicks what this means for the insurance industry.
Insurers to deepen ties with asset managers
Insurers will deepen their ties with alternative asset managers as they shake-up their investment portfolios in a bid to boost portfolio returns, according to Moody’s.
Diary of an Insurer: Tokio Marine’s Hiroyuki Ishijima
Hiroyuki Ishijima, head of marine hull and energy at Tokio Marine and Nichido Fire Insurance Co, examines ways to support Japan’s transition towards greener energy, contemplates maritime autonomous surface ships, and engages in American football chat.