Commercial
Why asbestos should be in the conversations at renewal
Martin Parker, head of construction underwriting for the UK at specialist insurer Markel, highlights the increasing risk to the many contractors not exposed to the height of the asbestos crisis in the 1970s and 1980s.
Reflecting on the government’s foray into the PII market
In the wake of the government’s short-lived intervention into the professional indemnity market, Harry Curtis asks how effective it was and whether problems persist today.
Big Interview: Chubb’s Mark Roberts
Mark Roberts, division president for UK, Ireland and South Africa at Chubb, tells Jonathan Swift he is looking to create wider and deeper relationships with UK brokers plus what factors will help differentiate his insurer from the congested run-of-the…
RSA acquisition of NIG to close at start of May
RSA’s acquisition of Direct Line Group’s brokered commercial lines business is set to be completed on 1 May.
Canopius loses arbitration over hair salons’ Covid claims
More than 300 small businesses that had claims declined by Canopius did in fact have cover for Covid-19 closures, a judge has ruled following arbitration.
Deadline to enter British Insurance Technology Awards fast approaching
The countdown has started for you to get entries in for the inaugural 2024 British Insurance Technology Awards (BITAs).
Google searches show landlord concerns about cover
Data analysis: In the last year, research by Confused.com’s home insurance experts revealed more than 8,000 people in the UK Googled “What does landlord insurance cover?”
Diary of an Insurer: Konsileo’s Tim Rogers
Tim Rogers, client director of Konsileo, coaches Droitwich’s footballers, sorting out the club’s insurance, acts as a taxi for his teenaged son and helps his 86-year-old mother head off on holiday.
Marine insurers won’t pull cover over Red Sea attacks
There is “no reason” for insurers to withdraw cover for Red Sea shipping amid ongoing attacks on vessels in the region, the Lloyd’s Market Association’s marine head has said.
AI breakthroughs promise sea change in supply chain insurability
Recent technological advancements mean organisations are now able to better understand their supply chains far quicker than they were before, according to Marsh’s head of strategic risk consulting James Crask.
Allianz’s Bryant on the cost of cutting back on cover
View from the Top: Helen Bryant, managing director for digital and legal protection at Allianz Commercial, outlines the key considerations for SMEs as regards underinsurance and indemnity periods.
Q&A: Colin Fitzgerald, Grid
As Colin Fitzgerald, distribution director of group protection at Legal & General, replaces Howden’s senior risk consultant Paul White as the new chair of Grid, he shares his plans to encourage insurance brokers to see how group protection helps manage…
Zurich accuses Greensill of fraud in £300m lawsuit defence
Zurich has accused Greensill, its founder, and companies connected to it of operating a “fraudulent scheme” in its defence in a lawsuit brought by the administrators of Greensill Bank.
Allianz defends ‘customer first’ approach to Covid BI claims
Amid ongoing litigation over Covid-related business interruption claims, Allianz has insisted that its approach has put customers first and has been guided by a desire to obtain legal clarity on policy wordings.
Q&A: Hannah Tindal, Allianz
Hannah Tindal, Allianz’s head of directors and officers in London, talks about how the insurer is dealing with risks highlighted by the Allianz Risk Barometer from a liability perspective.
Bridgehaven targeting 10 more MGA partnerships for 2024
Bridgehaven hopes to launch partnerships with 10 more managing general agents this year, CEO Paul Jewell has told Insurance Post.
60 Seconds With... Tan Soon Keat, McLarens Aviation
Tan Soon Keat, a senior surveyor who heads up the Singapore office of McLarens Aviation, reveals ironing is his arch-nemesis, but if he could be a fictional character, he would opt for Iron Man.
Insurers suffer BI blow as court hands down mixed judgment
The Commercial Court has ruled that non-damage denial of access extensions in Liberty Mutual policies respond to Covid business interruption losses.
Supreme Court furlough ruling may be ‘a necessity’
Arguments about how furlough ought to be treated in the context of Covid-related business interruption claims could soon be heading to the Court of Appeal and even the Supreme Court, a lawyer has predicted.
Axa’s Walker on providing certainty in an uncertain world
View from the Top: Jon Walker, CEO of Axa UK Commercial, says insurers’ insight is key to making this country more resilient to floods and the other effects of climate change.
Q&A: Alina Jipa, RSA
RSA’s chief of staff, Alina Jipa, shares ways to tackle insurance’s boring image and improve the sector’s career path.
Catherine Dixon to leave Allianz next month
Allianz Commercial chief underwriting officer Catherine Dixon is set to leave the insurer in February, Insurance Post can reveal.
Cyber Monitoring Centre appoints former NCSC head Ciaran Martin
Ciaran Martin, who ran the UK’s National Cyber Security Centre from its inception until 2020, has been appointed as chair of the newly-launched Cyber Monitoring Centre’s technical committee.
Court of Appeal dismisses Covid BI appeals from Allianz and Various Eateries
The Court of Appeal has dismissed cases pleaded by restaurant operator Various Eateries and its insurer Allianz as to how Covid-related business interruption losses ought to be aggregated.