Articles by Harry Curtis
ICEYE insurance head reveals plans for nat cat solutions
Stephen Lathrope, global head of insurance at space technology company ICEYE, has outlined the company’s plan to provide solutions targeted at a range of natural catastrophe perils.
Radar satellites promise to transform insurer flood responses
Space technology company ICEYE’s constellation of radar-equipped satellites gives insurers the ability to have a more informed response to floods just hours after they occur, its global head of insurance Stephen Lathrope has said.
Axa XL extends cyber cover to internal GenAI risks
Axa XL has extended its cyber insurance coverage to emerging generative artificial intelligence risks, but risks associated with popular GenAI chatbots such as ChatGPT and Microsoft Copilot remain out of scope.
Over half of risk managers think key risks are set to become uninsurable
More than half of risks managers believe that some of the key business activities and locations are set to become uninsurable, a survey by the Federation of European Risk Management Associations has found.
Allianz and theatre group await court ruling
The Ambassador Theatre Group and its insurer, Allianz, are expecting a judgment in their ongoing dispute over Covid-related business interruption cover before the end of the year.
Insurers moving to limit exposure to neuro sports injury litigation
Impending litigation over neurodegenerative conditions suffered by rugby and football players are presenting challenges for the insurance industry to stay on top of.
Hurricane Milton insured losses to run into the tens of billions
The insurance industry is likely to suffer losses of tens of billions of dollars from damage inflicted by Hurricane Milton last week, according to early estimates.
FCA's Mills says Consumer Duty needn’t inhibit growth
Sheldon Mills, the Financial Conduct Authority’s executive director for consumers and competition, has insisted that the Consumer Duty is not the block to growth that some people think it is.
Insurers push for another Supreme Court Covid BI trial
At least four insurers have sought permission to appeal a September court ruling on Covid-related business interruption claims to the Supreme Court, Insurance Post can reveal.
Arc Legal appoints Lee Taylor as CEO
Lee Taylor has been named as the successor to Arc Legal CEO and founder Frank O’Malley, joining the managing general agent from Allianz Partners.
Q&A: Fiona Sperry, QBE
Fiona Sperry, QBE’s head of complex claims, talks through her team’s role, how the insurer is meeting challenges posed by the energy transition and the place of artificial intelligence in claims.
Earnix ‘not in the same boat’ as other insurtechs
Earnix is “not in the same boat” as other insurtechs as it looks to continue its growth plans, its CEO Robin Gilthorpe has told Insurance Post.
Canopius exits space insurance market
Canopius has ceased to write new space business and has confirmed the departure of two senior underwriters for the class.
PRA to reduce oversight of Lloyd’s managing agents
The Prudential Regulatory Authority has said that Lloyd’s managing agents will face a “lower level of supervisory interaction”, as the regulator moves to deliver on its competitiveness and growth objective.
Barriers remain for neurodivergent people in insurance
Despite progress in recent years, insurance still has work to do to understand what neurodiverse people have to offer and the accommodations they need, it has emerged at a panel discussion held as part of the Dive In festival.
Markel invests in distribution ahead of new five-year strategy
Markel is investing in its UK distribution teams in anticipation of a fresh five-year strategy that will chart a course for the insurer through to 2030, UK broker channel divisional director Jo Sykes has said.
Lloyd’s to ramp up business oversight to avoid past ‘mistakes’
Lloyd’s will increase its oversight of delegated and legacy business to avoid squandering the gains of recent remediation efforts, chief underwriting officer Rachel Turk has said.
Lloyd’s names Sir Charles Roxburgh as next chair
Lloyd’s has named Sir Charles Roxburgh as its next chair, with the former Treasury official set to take up the position on 1 May 2025, subject to regulatory approvals.
Terrorism legislation ‘likely’ to result in increased D&O claims
Legislation tabled in parliament last week is “likely” to result in more directors’ and officers’ claims and renewed demand for public liability cover, law firm DAC Beachcroft has warned.
Beazley aims at US levels of cyber uptake in hunt for UK growth
Beazley is targeting US levels of cyber insurance adoption in the UK, as it looks to grow its regional business, UK and Ireland country manager Sam Franks has said.
Rising freight claims cause headache for insurers
Insurers are seeing increasing numbers of claims relating to freight theft on Britain’s roads, according to RSA.
Government uncertain on Martyn’s Law’s insurance implications
Martyn’s Law, which will require public venues to boost their preparedness for terrorist attacks, has finally been introduced to parliament.
CFC bolsters UK regional distribution and teases European expansion
CFC has bolstered its UK regional distribution team and will soon have teams on the ground in continental Europe, group CEO Louise O’Shea has said.
Lloyd’s proposes changes to misconduct framework
Lloyd’s has proposed a raft of changes to its misconduct framework, including making it clearer which behaviours are considered unacceptable and protections for whistleblowers.