Property
Reeves flood defence budget hike fails to ease insurance concerns
Chancellor Rachel Reeves Spending Review increased the amount of cash set aside for flood defence pledge, drawing praise from the insurance industry but also warnings over the lack of clarity on how UK property will be made more resilient.
Axa's breakdown cover; Aviva x Acturis Unify; One Sure acquires broker
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Claims managers warned against trying to ‘solve the world’ using AI
Insurers and brokers are looking for the “golden nuggets” – but progressing with caution by keeping “the human in the loop” when it comes to integrating artificial intelligence (AI) into their property claims functions.
Challenge of reframing flood risk laid bare
Unpredictable weather and the government’s building targets are forcing underwriters to rethink how they assess property flood risk, according to a panel of experts at Insurance Post’s Underwriting Club this week.
Cannabis farms a growing problem for property insurers
View from the Top: Charles Bush, head of large and complex claims at Zurich, looks at the claims impact of cannabis farms and what can be done to reduce risks.
David Williams concerned about ‘pragmatic’ approach to underinsurance
David Williams, chair of the Fire Protection Association and former managing director of underwriting and technical services at Axa has questioned the pragmatic and balanced approach taken to tackling underinsurance within property, given the risks have…
Crawford subsidence tech cuts assessment time from days to minutes
Crawford’s subsidence technology Sub Sprint has reduced the time it takes to initially assess a subsidence claim from 89 days to 15 minutes.
Prestige Underwriting targeting £300m GWP by end of 2026
Prestige Underwriting’s MD Alison Williams has told Insurance Post how she is targeting £300m in GWP by the end of 2026, which includes M&A.
Lithium-ion linked fires nearly double in three years
Research from QBE has revealed that lithium-ion battery fires have almost doubled since 2022, with the insurer calling for heightened education on the risks posed by the batteries.
Big Interview: Ken Norgrove, RSA
Ken Norgrove, UK and international CEO of RSA, discusses the impact of the insurer’s personal lines exit, how the provider plans to outperform its peers in commercial lines, and why October will usher in a new era for the business.
Marsh’s data approach; Birkdale sponsors Southport FC; McLarens’ CIO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva’s Storah urges homeowners to get gardens climate-ready
As the green fingered head to the RHS Chelsea Flower Show, Jason Storah, CEO of Aviva UK & Ireland General Insurance, observes natural garden solutions can reduce flooding, boost resilience, and protect homes across the UK.
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.
Claims service improves but regional delivery varies
The general insurance market overall is continuing its improvement in claims service at the start of 2025 but there is massive variation between the best and worst performing providers plus significant variations depending on where brokers are located in…
Georges De Macedo, Covéa
Georges De Macedo was appointed CEO of Covéa Insurance UK in June 2023 and has been tasked with guiding the business through a strategic turnaround.
Aki Hussain, Hiscox
Aki Hussain, CEO of Hiscox Group, has accelerated innovation and created an inclusive culture to keep the insurance business in pole position in the market.
Colm Holmes, Allianz UK
Colm Holmes joined Allianz in December 2021 and is a man with a mission: to make his business the number one insurer in the UK.
Tara Foley, Axa
Tara Foley was appointed CEO of Axa UK & Ireland in September 2023 and used her first full year in the top job to ensure the sector continues to become more diverse and inclusive, plus she pushed for the UK government to increase the country’s resilience…
State of the nation’s roofs: A top-down perspective
John Kimmance, chief customer officer of Ordnance Survey, reveals the depth of the data his organisation has on the state of the nation’s roofs, including the risk and insurance ramifications of their use, construction material and age.
How an uptick in deliberate fires is testing loss adjusters
Simon Jones, client services director at Woodgate & Clark, examines how the insurance industry is dealing with an uptick in the number of deliberate fires in public buildings.
Big Interview: Drazen Jaksic, Zurich UK
Drazen Jaksic, CEO of Zurich UK, is ambitious and likes a challenge, but he won’t be slashing the price of the provider’s general insurance policies anytime soon to swiftly grow the business.
Q&A: Craig Foster, Ondo Insurtech
Craig Foster, founder and CEO of Ondo Insurtech, the first insurtech to list on the London Stock Exchange, discusses with Insurance Post what makes its flagship claims prevention technology unique, the growth opportunities the technology offers and the…
Ignite CEO Toby MacLachlan departs
Founder and CEO of insurance software provider Ignite Insurance Systems Toby MacLachlan has confirmed he has departed the business following nearly a decade at the helm.
Storm Éowyn losses creep up to £592m
Perils has increased its industry loss estimate for Storm Éowyn to €696m (£592m).