United Kingdom (UK)
Top 100 UK Insurers 2022
To date, the UK non-life market has been able to withstand the impact of operating challenges and with capital adequacy robust, William Keen-Tomlinson explains why the market has something of a buffer to absorb future uncertainty
Unrepresented claimants continue to sit below 10% according to OIC
The fifth tranche of data from Official Injury Claim portal shows that unrepresented claimants still make up less than 10% of its users, while the time taken to settle claims increases yet again.
Blog: Lloyd's vs company markets
Roshan Choolhun, head of Exponential, part of Aventum Group, considers what the best option is for managers and general agents in terms of company markets or Lloyds, and looks at the pros and cons of both for when MGAs need to place capacity.
Das UK partners with Admiral; IFB partners with GIFC and Ifed; Canopius names head of change
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Penny Black's Social World: October 2022
Donations, overcoming adversity, supporting sports, diversity and inclusion, walks and a lot of hard work.
Applied Systems looks to use US strength in mission to be ‘number one in UK’
Speaking to Post at the Applied Net conference in Nashville, CEO of Applied Europe, Tom Needs has said that having a US arm of the business allows the UK and Ireland to experiment and innovate more.
Interview: Hannah Gurga, ABI
The ABI's new director general, who started her role in February, speaks to Scott McGee about her ambitions for the industry, being the best advocate for insurance, and her hopes when it comes to working with the new Prime Minister.
CII elects Swiss Re's Russell Higginbotham as president
Russell Higginbotham, CEO of Swiss Re Solutions, has been elected president of the Chartered Insurance Institute for 2023.
Motor insurers and credit hire companies agree maximum daily settlement rates
Motor insurers and credit hire companies have signed an interim agreement on increasing certain hire rates to enable both sides to navigate their way through the current challenges in the motor claims supply chain.
FCA highlights shortcomings in insurers' handling of BI claims as sum paid out hits £1.5bn
The Financial Conduct Authority has identified key areas where firms did not meet its expectations regarding fair treatment of customers when dealing with their business interruption claims.
Hastings support staff through cost of living crisis with 5% pay increase and £500 cost of living bonus
Hastings Direct is implementing a packet of support to help the majority of its colleagues through the cost of living crisis.
Lemonade launches in UK in partnership with Aviva
Insurtech Lemonade is continuing its European expansion by launching in the UK in partnership with Aviva.
Kingfisher pair team up to launch motor insurer with net-zero focus
Andy James and Mark Ames, previously of Kingfisher Insurance, have teamed up to launch Zixty, an app-based motor insurance company with carbon neutrality at its core offering.
Blog: Deploy digital technologies and AI to close up the climate protection gap
As climate change having a potential of wiping out $20trn worth of assets, Mark Fry, global strategic business development director at Atos Financial Services, considers how the insurance industry can close the climate protection gap by using both new…
FCA warns insurers to protect customers during cost-of-living squeeze
As the soaring cost of living is putting pressure on households, the Financial Conduct Authority has instructed insurers to protect customers from unnecessary products or add-ons and unfair penalties.
Clegg Gifford employee wins age discrimination case after being told he has been around ‘as long as Pontius Pilate’
A Clegg Gifford & Co employee, who has worked in the industry “a great many years”, has won age discrimination case after his boss claimed he has been around “as long as Pontius Pilate”.
Igo4 to pay for employees hormone replacement prescriptions
Igo4 is covering the cost of Hormone Replacement Therapy for their employees who need it, and has signed the Menopause Workplace pledge, to recognise the impact of menopause, and support for those who are affected.
Dive In Festival: ‘Find the high-potential women early on and do everything to keep them’ says Aviva’s Blanc
Aviva’s Amanda Blanc says women are dropping out of organisations “far too early” because they are not seeing role models in more senior positions.
ABI's James Dalton to replace Ben Fletcher at IFB
In a wave of senior appointments, the Motor Insurers' Bureau has appointed the ABI's James Dalton as chief services officer.
Dive In Festival: Leaders challenge why industries are 'reluctant to accord authority to women'
Leading the panel discussion on ‘The Authority Gap’ on Tuesday, Mary Ann Sieghart, a former assistant editor, and author contested that “we have all grown up in a society in which men are still in charge” and presented the industry with opportunities to…
Mass renews call for early review into OIC tariff
The Motor Accident Solicitors Society has renewed its call for an early review of the tariff of damages for low-value road traffic accidents, as recommended by the Lord Chief Justice of England and Wales.
E-scooter legislation must be mandated 'urgently' amid further trial extensions
Despite e-scooter trials being extended until May 2024, there is hope that legislation will be introduced sooner rather than later.
Dive In Festival: Leaders want more effort to promote diversity to avoid the next version of the internet becoming a 'dystopian nightmare'
Industry leaders have highlighted concerns about gender parity in leadership within emerging technologies, including the metaverse, advocating it is still a “very male dominated field”.
Dive In Festival: Doing things the same way we’ve always done just ‘won’t cut it’, says Neal
Opening the eighth edition of Dive In Festival on Tuesday, Lloyd’s CEO John Neal contested that tough times within the last three years presented the industry with a “terrific opportunity” to change the way it operates, and simply “doing things the same…