Articles by Emma Ann Hughes
Zurich CEO Bailey named ABI president
Tim Bailey, UK CEO of Zurich, has been named as the new president of the Association of British Insurers, with Clare Bousfield, chief executive for retail and savings at M&G, becoming deputy president.
Novidea plans 'hyper growth' by targeting providers
Mike Scott, sales manager at Novidea, has revealed the broker platform provider is currently in talks with several providers to build systems for schemes, binders and cover holders.
Venture capitalist warns lot of insurtechs will die
The current state of insurtech funding means start-ups hoping to win cash by simply promising to “grow, grow, grow” are facing death, Lluis Vinas, investment director at Alma Mundi Ventures, has warned.
Insurers told to embrace disruption rather than dabble in it
Insurers have been told by Spain’s biggest insurer to go for transformation at scale by overhauling their core business and processes, rather than dabbling in just a few systems and products.
Intelligent AI aims to slash commercial property underinsurance
Anthony Peake, CEO of Intelligent AI, intends to launch a reinstatement platform that aims to slash commercial property underinsurance.
Mapfre is testing generative AI
Mapfre, Spain’s biggest insurer, has confirmed it is already testing generative artificial intelligence.
Former Foil president predicts more legal consolidation
Further consolidation of the insurance defendant legal market is on the cards, according to Keoghs partner and former Forum of Insurance Lawyers president Don Clarke.
Q&A: Chris Sawford, Verisk
As inflation drives upward pressure on premiums, Chris Sawford, managing director of claims at Verisk, reveals how he plans to help insurers tackle pain points in the claims lifecycle.
More FCA action against AR brokers is nigh
Sue Mallender, senior consultant of regulatory consultancy Sicsic Advisory, has warned the regulator is likely to place restrictions on more appointed representative general insurance broking businesses in the months to come.
London Market brokers demand face-to-face future
Data analysis: Brokers and underwriters are fed up with post-pandemic ways of working, according to research by the London & International Insurance Brokers’ Association and Chartered Insurance Institute's New Generation group.
More male insurance CEOs must follow the ladies’ lead
Connection between the insurance industry’s leaders and the wider workforce is essential if this sector is to thrive given how most of us work post-pandemic.
More changes for Allianz as Hobbs is named chief distribution officer
Nick Hobbs has been revealed as chief distribution officer for Allianz Commercial in the UK, effective immediately.
Davies to face no regulatory action over cyber attack
The Financial Conduct Authority and Information Commissioner’s Office won’t be taking action against Davies Group following last summer’s cyber attack.
CII and PFS clash continues as more board members exit
Two long-standing independent directors of the Personal Finance Society have quit the board, citing “significant concerns” about the Chartered Insurance Institute’s hold over the financial advice body's coffers.
Essex car racer’s insurance claim is fast and fraudulent
An Essex mechanic has had his £30,000 insurance claim for injury thrown out of court after he failed to mention he had previously broken his spine, pelvis, neck, and ankle while banger racing.
Aon, Lloyd’s and VIG team up to support Ukraine’s reconstruction
Aon, Lloyd’s, and Vienna Insurance Group committed to providing enhanced reinsurance capacity to support Ukraine’s country’s recovery and reconstruction efforts.
Dive In aims to unlock innovation through inclusivity
Insurance Post is media partner for this year’s Dive In Festival, which will take place from 26 to 28 September and launch a mentoring programme.
Ifed reports surge in opportunistic fraud
The City of London Police’s Insurance Fraud Enforcement Department has reported a growing number of people making fraudulent insurance claims as a result of cost-of-living pressures.
Cyber insurance claims trends revealed
Data analysis: Claims statistics from cyber insurer Resilience shows transfer fraud and vendor data breach are far greater causes of loss than ransomware.
FCA restricts activity of four insurance broking firms
The Financial Conduct Authority placed restrictions on four insurance brokers it fears are failing to ensure their appointed representatives comply with the regulator’s rules.
Admiral to diversify with scaled products and business launches
Russell Fisher, chief operating officer of Admiral Pioneer, revealed how Admiral Group is seeding, launching, and scaling new products and services to diversify what the insurer does in the future.
Insurance Post Podcast: Challenges and opportunities facing electric vehicle insurers
Tesla’s plan to launch a “full-stack in-house insurer” in the UK will encourage insurers to think differently about using data to enhance the customer experience, according to Axa Retail’s managing director Marco Distefano.
Extent of insurers underpaying women exposed
Data Analysis: Data shows the parts of the insurance industry where women are most likely to be earning less than their male counterparts plus what action is actually closing the gender pay gap.
Are you ready for the rise of robo-insurers?
Editor’s View: Emma Ann Hughes examines how artificial intelligence has the potential to disrupt the entire traditional insurance value chain and wonders whether human insurers are ready for it?