Articles by Tom Luckham
Zurich detects more than £94m in fraudulent claims
Fraud data from Zurich has revealed that its fraud prevention team uncovered almost £260,000 worth of fraudulent claims every day in 2024.
FCA pulls plug on insurance broker
George Baker (Insurance Brokers) Limited has had its permission to carry out regulated activities suspended for failing to pay regulatory fees.
How the pandemic transformed travel insurance
Tom Luckham explores the travel insurance market post-Covid and analyses what kind of effect the pandemic had on the industry, and which effects are still lingering.
Zweibrucker confirms job cuts amid Axa Retail transformation
Alain Zweibrucker, CEO of Axa Retail has told Insurance Post that a ‘simplification’ of Axa’s business processes in 2024 resulted in job losses.
FSCS hires Martyn Beauchamp as CEO
The Prudential Regulation Authority and Financial Conduct Authority have appointed Martyn Beauchamp as CEO of the Financial Services Compensation Scheme.
Cyber insurance ‘may become mandatory’ in the future
Johnty Mongan, head of cyber risk management at Gallagher, has said that it is his belief that cyber insurance may eventually be a mandatory purchase.
Accenture acquires Altus Consulting
US management consultancy firm Accenture has acquired Altus Consulting from digital solutions provider Equisoft, for undisclosed terms.
More Cyber insurance education needed in mid-market
Insurers have been urged to do more to heighten cyber insurance education in the SME and mid-market space, amid concerns of underinsurance in the sector.
Allianz CEO calculates Brexit cost for UK motor insurance
Colm Holmes, CEO of Allianz UK, said the insurance industry has done a poor job on explaining how Brexit pushed up the price of motor insurance in the UK, saying claims costs here are double that of Germany.
NormanMax set to acquire FloodFlash
Floodflash has agreed terms to be acquired by US parametric firm NormanMax, subject to FCA approval.
Prestige chosen as a ‘preferred partner’ for Ardonagh Advisory
Prestige Underwriting is partnering with with Ardonagh Advisory on non-standard insurance products, Insurance Post can reveal.
Motor insurance taskforce ‘still alive’ but ‘needs CPR’
Sources have told Insurance Post that the government's motor insurance taskforce has lost momentum and is “in need of CPR”, but is still alive.
Q&A: Howard Dean, Forum of Insurance Lawyers
Howard Dean, president of the Forum of Insurance Lawyers and partner at Keoghs, talks to Insurance Post about his career, the new government, and the Ogden rate shift.
‘Coordinated action’ required to bring premiums down, says ABI
The director general of the Association of British Insurers, Hannah Gurga, has told Insurance Post that collaboration between the industry and government can offer ‘practical solutions’ to industry issues.
JMG Group to maintain M&A spree in 2025
JMG Group has announced its intention to continue its acquisition strategy into 2025, following more than 20 acquisitions in 2024.
Nigel Hinshelwood appointed chair of Marsh
Nigel Hinshelwood has been appointed as chair of Marsh in the UK, succeeding outgoing chair Tom Colraine on 31 March.
Cancel culture insurance ‘not a silver bullet’ for bad press
Derek McLeod, founder of RepuTitan, has told Insurance Post that the firm's new reputational risk policy Preempt, is “not a silver bullet” against bad press.
Only one out of four brokers is happy with insurer service
Direct Commercial’s latest broker survey has revealed how only a quarter of brokers are happy with the service they receive from insurers.
Motor and home premiums see January dip
Both motor and home insurance premiums decreased in in January 2025, according to Pearson Ham's latest general insurance pricing index.
Markel’s Guidewire implementation; Hiscox’s FI offering; Lockton’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz detects record levels of fraud in 2024
Allianz has announced it detected record levels of fraud in 2024, up 10% from 2023.
Which? names and shames insurers falling short on claims
A Which? survey of over 4,700 car insurance claimants has ranked insurers based on customer satisfaction with their claims processes.
Pet premiums decrease after fluctuant 2024
Pet insurance premiums decreased in Q4 2024 after an "anything but predictable year", according to the latest data from Pearson Ham Group.
Careless Covid criminal caught for insurance fraud
A man has been found guilty after claiming that he was forced to cancel 14 holidays due to Covid-19 to claim on his insurance policies.