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Thatcham hails Mercedes’ move as 'milestone' in automated driving; Admiral strikes ADR deal; Marsh launches ESG rating; and MS Amlin commits to Net Zero
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Spotlight on dual pricing: Price matters but customers deserve more
The price walking ban represents a turning point for the insurance industry. Vincent Belloc discusses the opportunity for insurers to build customer loyalty and competitive advantage through a relentless focus on customer experience.
Spotlight on dual pricing: The end of dual pricing and what it means
Post and PayPal surveyed the industry to explore the possible implications of the recent price-walking ban. Valerie Hart looks for further insight into how the industry might adapt.
Leaving IPT untouched in Spring Budget a 'missed opportunity' says Biba
The British Insurance Brokers' Association has warned leaving insurance premium tax at its current level will act as a disincentive to buy adequate insurance after the tax went unmentioned in the Spring Budget.
Market price increases not matching motor claims inflation, warns Sabre's Carter
Increases in the price of car insurance are not keeping pace with claims inflation, Sabre CEO Geoff Carter has warned.
‘A sigh of relief’ for the industry as MoJ plans no further action on credit hire and rehabilitation
Self regulation has been heralded as the Ministry of Justice confirmed it will take no further action on credit hire and rehabilitation after publishing its response to part two of the whiplash reforms.
Insurance sector faces 'serious consequences' as Northern Ireland sets its discount rate at minus 1.5%
Industry experts have warned the insurance market could face "serious consequences" after the Northern Irish Government Actuary changed the personal injury discount rate to minus 1.5% from minus 1.75%.
Briefing: Biba and Markerstudy - a litmus test as to why it is good to bury beef and move on
Katy Perry and Taylor Swift, Drake and Meek Mill, and now Markerstudy and the British Insurance Brokers' Association. Jonathan Swift looks at why this latest reconciliation should make the 2022 Biba Conference an even more highly anticipated event than…
Ageas' Adam Clarke on inflation pushing up insurance prices
With inflation at front of mind for everyone, Adam Clarke, chief underwriting officer at Ageas Insurance, explains why its only a matter of time before insurance customers feel the pinch too.
Citizens Advice sounds alarm on car insurance 'ethnicity penalty'
Citizens Advice has accused the insurance sector of charging an 'ethnicity penalty' after finding that people from ethnic minority backgrounds pay hundreds of pounds a year more for their car insurance than white people.
Intelligence: What does the future hold for ESG chief officers?
With the growing importance of environmental, social and governance issues, companies are starting to recruit people to senior executive positions to oversee their strategies. Pamela Kokoszka investigates if the role of chief ESG officer is here to stay,…
AIG, Axa and RSA lead underwriter recruitment; Allianz partners with Solar Energy UK; North P&I and Standard Club to merge; and first non-London syndicate-in-a-box-launched
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ESG Blog: Follow the Green Claims Code
Andrew Waddelove, head of sustainability at LV general insurance, looks at substantiating ESG claims, and considers what the Green Claims Code means for the insurance industry.
Blog: An era of change for motor insurance - By Bits' CEO Rimmer on things to consider to avoid being overtaken
With the insurance industry facing an identity crisis in light of the Financial Conduct Authority's focus on price-walking, usage-based insurance has been suggested as one route to a brighter and more hopeful future for consumers and insurers alike…
Pricing equilibrium to settle within 'next few months': A-Plan CEO Kelly Ogley
A-Plan CEO Kelly Ogley told Post she expects the market will 'reach an equilibrium' on pricing in the next few months following Financial Conduct Authority reforms.
Big techs tipped to become carriers but need not pose threat to incumbent insurers
Insurance incumbents are still in a strong position to resist the threat of big tech entrants into the sector, delegates were told at the Insurtech Insights conference in London this week.
ESG Exchange Q&A 2: How are insurers enabling their employees and partners to be green?
As part of our ESG Exchange fortnight, Post spoke to Ageas, Aviva, LV and Zurich to find out how insurers are thinking beyond their own firms and helping their employees, partners and their supply chain to adopt environmental, social and governance…
Intelligence: Post's complaints matrix shows the products that let consumers down during the pandemic
Complaints data from the Financial Conduct Authority and the Financial Ombudsman Service helps to create greater transparency and accountability for insurance firms. As Post brings together the most comprehensive set of complaints data from 2014 onwards,…
ESG Exchange: Making resilient repairs work
With new measures being introduced to facilitate resilient repairs, Rachel Gordon investigates whether these steps go far enough to help insurers and their customers when faced with building claims.
Aviva in Zego tie-up; Ecclesiastical Insurance Group renamed Benefact; Mosaic to acquire Sirius Point Lloyd's arm; and Sedgwick buys UKA247
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Podcast: Open banking and insurance part two
The second in a two part podcast series, in association with Crif Decision Solutions, discussing open banking and its relationship with the insurance sector.
Podcast: Open banking and insurance part one
Welcome to the first in a two part podcast series, in association with Crif Decision Solutions, discussing open banking and its relationship with the Insurance sector
British Insurance Awards Countdown: Who went from being a Young Achiever to running an award-winning business in two decades?
There are now just two days to go to get your British Insurance Awards entries in [closing date: 11 March]
ESG Exchange: LV to make its supply chain more sustainable with launch of two initiatives
LV has launched two new initiatives, Green Heart Supplier Promise and Green Heart Standard for the Building Contractor Network to ensure that suppliers within the LV general insurance network meet the company’s corporate social responsibility goals and…