News
FM Global names Malcolm Roberts as CEO with Tom Lawson retiring at year end
FM Global has appointed executive vice-president Malcolm Roberts as president and elected him to the company’s board of directors as of 1 August ahead of succeeding Thomas Lawson as CEO from 1 January 2022.
Hopwood hails 'major coup' as Zurich joins Hedron’s panel
Zurich Insurance has joined the panel of Global Risk Partners-owned network Hedron, Post can reveal.
Regulators mull targets, disclosures and individual accountability to spur on D&I at financial services firms
Regulators are considering a range of policy options to boost diversity and inclusion in the financial services sector, including the use of representation targets and making senior managers directly responsible for D&I within their firms.
View from the Top video: Aston Lark group CEO Peter Blanc
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Peter Blanc, group CEO of Aston Lark, shares his thoughts on how recent trends have impacted insurance in the UK.
View from the Top video: Punching above your weight – strategies to achieve more for your business
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Sara Farndon and John Read from Willis Towers Watson Networks discuss how business owners can work in a smarter, not harder, way.
View from the Top video: Ecclesiastical MD Richard Coleman on new brand, new opportunities
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021, Ecclesiastical managing director Richard Coleman discusses how the insurer increased service scores and reinvigorated its brand during the pandemic.
View from the Top video: Reflections on the pandemic with Gallagher’s Sue Langley
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Sue Langley, non-executive director at Gallagher, speaks about how brokers and insurers can repair the reputational damage done to the industry by the pandemic.
View from the Top video: Ageas CEO Ant Middle on how the pandemic has underlined the importance of relationships to business
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021, Ageas CEO Ant Middle shares his thoughts on how the pandemic and lockdown has reinforced the importance of personal relationships.
RMS appoints Jason Futers as MD for UK insurance
Jason Futers has rejoined RMS taking up the post of managing director of its UK insurance business replacing Richard Irwin who has retired.
Staysure acquires Rock, Esure joins forces with Minster Law, and Allianz invests in Heycar
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Swinton and Saga are Covid-19 consumer champions as service issues rise across sector
The Institute of Customer Services reports number of customers experiencing problems across insurance sector is on the rise.
Covid-19 pandemic drives Biba turnover down 36%
The British Insurance Brokers’ Association’s turnover fell by 36% in 2020, however, funds ticked up slightly to just over £4m in the period.
CII to start member consultation in September
The Chartered Insurance Institute has revealed that it will begin a membership consultation programme in September to be completed by the end of the year with the key findings to be published in the first quarter of 2022 followed by the professional body…
Lloyds Bank fined £90.7m for misleading customers in home insurance renewal letters
Lloyds Bank has been fined £90.7m by the Financial Conduct Authority for failures in home insurance renewal letters between 2009 and 2017.
PFS Solo activists call for fast release of CII AGM votes breakdown
Seven members of the PFS Solo campaign group have written to Sian Fisher, CEO of the Chartered Insurance Institute, calling for the voting details of the annual general meeting to be released this week.
Stuart Forsyth describes 'hellish experience' as Upper Tribunal overturns fine and ban by ruling against FCA and PRA
Stuart Forsyth, the former CEO of Scottish Boatowners Mutual Insurance, has called on regulators to “learn from the errors they made in my case and work to restore the faith of regulated professionals” as the Upper Tribunal overturned his fine and ban.
Insurers not bitter for time and costs lost after green card uturn as motorists will benefit
UK insurers that have issued 'thousands' of green cards and created portals and communications to allow UK motorists to continue to drive abroad after Brexit have supported the proposals to remove green cards despite the money already spent.
ABI Climate Change Summit: Past point of stepping away from climate change responsibilities says Direct Line's James
With “trillions in assets”, “billions spent” on supply chain and “millions of customers”, Direct Line CEO Penny James urges the insurance industry is past the point where anyone can step away from their responsibilities in relation to climate change.
Pool Re launches advisory panel to explore public-private collaboration on systemic risks
Pool Re has launched an advisory group to develop recommendations for how the insurance sector can work together with the wider private sector and public sector to guard against systemic risks such as climate change and cyberterrorism.
ABI Climate change Roadmap: £60bn a year could be invested in meeting net zero targets
The Association of British Insurers has set out an ambitious Climate Change Roadmap that could see the UK’s insurance industry contribute one-third of the investment needed to meet the UK’s Net Zero target.
ABI Climate Change Summit: Climate change is 'existential risk' for financial services
Member of Scottish Parliament and the cabinet secretary for finance and the economy Kate Forbes has urged insurers to grab the “once in a generation opportunity” of Cop 26 later this year and put the transition to net-zero at the heart of “everything…
FCA delays to approving c-suite broker roles slammed as outrageous
Compliance experts have advised brokers to add time into their recruitment plans for c-suite positions to account for “backlogs” in the Financial Conduct Authority’s approval process as one leading broker hit out at the “ridiculous” delays.
Arc Legal and LIM replace Das on Lloyds Banking Group’s home insurance LEI
Exclusive: Arc Legal Assistance and sister company Legal Insurance Management have won the race to provide family legal protection cover for Lloyds Banking Group’s home insurance customers under the Lloyds Bank, Halifax and Bank of Scotland brands, an…
Phoenix chairman Lyons set to become Lord Mayor of London
City of London has picked Nick Lyons, chair of Phoenix, as next Lord Mayor of London with effect from November 2022.