Commercial
Diary of an Insurer: Sompo’s Lauren Folkard
Lauren Folkard, cyber underwriter at Sompo International, gets ready for primary cyber client renewals, watches bad action movies and cycles while listening to 1980s stadium rock.
Ecclesiastical teases expansion into ‘new and exciting’ sector
Ecclesiastical has reported an underwriting profit of £24.5m for 2023, down 22% on its 2022 result of £31.5m.
Lockton’s Scott reveals greatest fear of cyber insurers and brokers
The most worrying concern for cyber insurance providers and brokers in 2024 is system risk, according to Lucy Scott, Lockton’s head of global cyber and technology.
QBE’s Lees on how supporting dads can close the gender pay gap
View from the Top: Nikki Lees, people director for culture and employees experience at QBE European Operations, believes increased paternity leave is key to closing the gender pay gap.
RSA ‘not finished’ building commercial book
Briefing: Sources have told Insurance Post that RSA is ‘not finished’ with its commercial build, with one claiming the insurer is looking at the potential purchase of Covéa’s commercial lines business.
Turbulence in the aviation insurance market
Between the aftershocks of a global pandemic and the spectre of losses resulting from the seizure of aircraft in Russia following the invasion of Ukraine, Harry Curtis explores how the 2020s got off to a turbulent start for aviation insurers.
How cyber insurance is changing
Post Podcast: Martin Swann, managing director of financial and professional risks division at Jensten Insurance Brokers, said health warnings around use of artificial intelligence are likely to appear in cyber insurance policy wordings sooner rather than…
There is still time to complete the Best Insurance Employer 2024 survey
Insurance Post has extended the deadline to be included in the 2024 Best Insurance Employer Survey.
Big Interview: Nick Turner, NFU Mutual
Nick Turner, group CEO of NFU Mutual, sits down with Harry Curtis to explain the insurer's growth ambitions, what it's like running a mutual, and how it serves rural communities.
Zurich reveals it has found more than 160 use cases for AI
Zurich has deployed more than 160 artificial intelligence-powered solutions across its business around the world, the insurer’s group chief information and digital office Ericson Chan has said.
Diary of an Insurer: Markel’s Daisy Galvin
Daisy Galvin, senior underwriter of financial institutions at Markel, walks us through her working week, which is filled with client meetings, a business trip to Lloyd’s, and training for the Hackney Half Marathon.
Was Various Eateries the beginning of the end of the BI saga?
Following Various Eateries losing its appeal, Mark Pring, partner and insurance specialist at international law firm Reed Smith, examines whether the case could trigger a wave of disputes from insurers looking to apply the decision unwarrantedly.
Could premium finance face Gap-like FCA action?
After the Financial Conduct Authority’s Matt Brewis labelled premium finance a “poor product”, Scott McGee examines if the industry has done enough to defend this method of paying for insurance or whether the regulator will soon feel forced to clamp down…
Allianz sells Premierline to Academy
Academy Insurance Services has reached an agreement to acquire Premierline from Allianz Holdings, as it looks to grow the business’s Ebitda six-fold in five years.
Aviva’s Lloyd’s entry opens up ‘billions of pounds of business’
Aviva’s UK and Ireland general insurance CEO Jason Storah tells Insurance Post “there are billions of pounds of business that doesn’t get presented to Aviva” because it goes through Lloyd’s.
And the insurance Oscar goes to...
Ahead of the 96th Academy Awards, better known as the Oscars, Alex Nicoll, UK head of media and entertainment at Sedgwick, considers how the ceremony will shine a spotlight on the incredible potential of virtual production and serve as a reminder of the…
Beazley CEO hails ‘standout year’ for property underwriting
Beazley CEO Adrian Cox has labelled property risks as one of the insurer’s “biggest long-term opportunities”, saying that underwriting conditions increasingly favour the specialty market.
Aviva cites ‘favourable’ PL rating as UK&I GI profits surge
Aviva has reported its UK and Ireland general insurance business grew gross written premiums by 16% while the provider’s operating profit surged 63% in 2023, and GI CEO Jason Storah said he is “confident” the business “will build on success” in 2024.
Q&A: Gus Majed, Paratus
Gus Majed, group CEO and founder of Paratus, explains why he launched the business to offer energy and freight insurance policies to protect producers and consumers from energy price risks.
Why more men should join insurance’s inclusivity circus
Ahead of International Women’s Day (8 March), Cecile Fresneau, managing director of QBE’s insurance division, explains why we should stop talking about women spinning plates and get more men to take parental leave and become part of the childcare…
Allianz Commercial bolsters regional distribution management
Allianz Commercial has appointed four regional distribution managers covering the South, North, Midlands and the South West, and London regions.
Equine insurance under starter’s orders
Post Podcast: Ahead of the Cheltenham Festival, equine insurers explore how the sector helped horse owners when racing returned after the Covid-19 lockdown caused meetings to be cancelled.
Hiscox sets sights on 5%-15% retail growth after subdued 2023
Hiscox is aiming to grow its UK retail business by 5% to 15% in 2024, after new business growth in 2023 fell “below management expectations”.
Why the ABI is getting Snippy on insurance premium tax
Trade Voice: Chris Blackwood, head of communications at the Association of British Insurers, explains the trade body’s efforts to ‘unmask’ insurance premium tax.