Commercial
'Challenging' changes ahead under consumer duty
The Financial Conduct Authority’s consumer duty proposals are set to 'change the face' of the consumer financial services market, experts have said.
Interview: Johnny Timpson
Post meets Johnny Timpson, the driving force behind the Access to Insurance Working Group, which led to the creation of the British Insurance Brokers’ Association’s Access to Insurance Committee launched last summer.
ABI adds Colm Holmes and Clare Bousfield to board
The Association of British Insurers has added Allianz UK CEO Colm Holmes and Clare Bousfield, managing director for retail and savings at M&G, to its board.
Axa to reshape claims leadership following exit of Aviva-bound MD
Axa will not directly replace outgoing executive managing director for claims Waseem Malik, instead splitting responsibility for retail and commercial claims.
Blog: Bringing entertainment risk into the spotlight
Pippa Morris, senior underwriter for entertainment at Markel International, discusses emerging risks in the film and TV industry, and how brokers and production companies can stay on top.
Aston Lark’s Peter Blanc on why tough conversations are the most important ones with clients
Peter Blanc, group CEO of Aston Lark, warns against taking the “easy road” in client conversations urging the industry to focus on the right claims outcomes with risks and risk mitigation instead of premiums at the top of the renewal agenda.
Intelligence: The supply chain crisis – why the insurance lifeboat can’t take all
Supply chain issues have made headlines recently as backlogs at ports build up and in some cases large ships are turned away. These are unprecedented times but as Rachel Gordon finds out insurance is only part of the solution
FCA launches consultation on improving AR regime
The Financial Conduct Authority has launched a consultation on improving the appointed representatives regime and tackling harm from this model.
Aviva insures autonomous shuttle trial; brokers outscore insurers in CX research finds; Howden buys again; Gallagher completes on Willis deal and PPL updates on next gen platform
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: Are insurers still on track to cover motorsport risk?
BLM partner and head of sports David Spencer considers the motorsports cover arena post-lockdown.
Penny Black's Social World: December 2021
From COP26 and climate commitments to charity donations.
Q&A: Nicolas Aubert, formerly WTW GB CEO
Exclusive: Now on gardening leave after almost 18 months of caretaking in his role as Willis Towers Watson GB CEO, Nicolas Aubert speaks to Stephanie Denton about the collapse of the Aon deal, not being chosen to manage the firm and what he achieved…
Christmas party warning in wake of Omicron Covid variant
While insurance lawyers believe a rash of Covid-related claims from Christmas parties is "unlikely", employers have been warned to proceed with caution as the Omicron situation emerges.
Analysis: Astroworld - liability and legacy
The Astroworld tragedy could have a lasting impact on US legislation, experts have predicted, as a liability battle around the fatal event emerges.
Aviva recruits Waseem Malik from Axa as chief claims officer
Aviva has appointed Waseem Malik as chief claims officer for UK & Ireland general insurance.
Andrew Wallin on turbo-charging Ardonagh Specialty
The completion of Ardonagh’s $500m (£374.4m) takeover of the insurance operations of BGC Partners will turbocharge the business, according to Ardonagh Specialty CEO Andrew Wallin.
MS Amlin Underwriting names Amir Sethu as head of sustainability and ESG
MS Amlin Underwriting has appointed Amir Sethu to the newly created role of head of sustainability and ESG.
RSA’s Mandy Hunt on bringing through the next generation
Mandy Hunt, chief underwriting officer for commercial lines at RSA and chair of the Chartered Insurance Institute’s Society of Underwriting Professionals, looks at the challenges and actions needed to make insurance a career of choice and attract the…
Claims volumes surge as a result of Storm Arwen
Insurers have received thousands of claims as Storm Arwen brought 98 miles per hour winds causing power cuts and travel disruption across the UK.
Blog: Perfect storm of factors expected to leave large portfolios underinsured
Brawdia managing director Philip Barmby mulls the impact of a turbulent time on the construction sector and property, and the increasing risk of underinsurance.
Jaime Swindle moves to Geo as Scott Bennett steps up at Bravo Networks
Jaime Swindle is joining the leadership team at Geo Underwriting with Scott Bennett taking up the post of managing director of Bravo Networks, Ardonagh has confirmed.
Stephanie Smith to step down as Allianz COO
Allianz’s UK chief operating officer Stephanie Smith will step down at the end of the year “to pursue fresh opportunities” after six years in the position.
Zurich launches 'industry first' resilient property drive; Alan & Thomas acquires Aquilla; two Lloyd's syndicates approved; and Aviva reports uptick in commitments to net zero target
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Zurich to make up to £25m voluntary contribution in East West administration
Zurich will pay up to £25m to help policyholders of structural defects specialist East West Insurance Company, the insurer and administrators Ernst & Young have confirmed.