United Kingdom (UK)
Q&A: Roi Amir, Sprout.ai
Roi Amir has replaced Niels Thorne as CEO of Sprout.ai. He talks to Post about how his experience has shaped him to become an artificial intelligence leader, and how AI has the potential to unlock the future of insurance.
Crypto volatility 'a concern' for underwriters - RPC's Wickes
James Wickes, partner at legal firm RPC, tells Post that the risk of liability for cryptocurrency value loss could be far greater than insurers realise.
Anthony Hughes takes over as chairman and CEO of the Credit Hire Organisation
Anthony Hughes has been named chairman and CEO of the Credit Hire Organisation
PIB’s Steve Redgwell on the merits and limitations of mandatory broker qualifications
Compulsory qualifications for brokers would bring benefits, but the industry should not dismiss the expertise and industry networks that can be built through experience, argues Steve Redgwell, CEO of PIB’s specialty division.
IMS founder Corrie makes way for new CEO
Exclusive: IMS, part of the Trak Global Group, has appointed a new CEO after founder Nick Corrie moves to executive chairman.
Involving all parties in the process can reduce the claims cost and duration: Allianz’ Rogers
With cost of materials and labour increasing, Allianz head of property claims says working with brokers and loss adjusters on claims can help make liability decisions quicker and keep the duration cycle and costs down.
Space insurtech Birds Eye View to target SMEs with severe weather event products
Insurtech startup Birds Eye View has closed a seed funding round led by SFC Capital, with the funds matched by the European Space Agency.
Blog: It’s time to take action on the fair treatment of all vulnerable customers
Helen Lord, CEO of the Vulnerability Registration Service, and Rich Tomlinson, managing director of Percayso Inform, consider the industry's shortcomings on consumer protection, and highlight ways in which it can now take practical, cost-effective action…
B3i enters insolvency after failing to raise funding
The blockchain insurance initiative has ceased operations and entered insolvency after failing to raise capital
Blame laid at the OIC portal for unexpected fall in PI motor claims since pandemic
Personal injury motor claims decreased despite more traffic since the pandemic, according to CRU figures, with blame being directed towards the government portal
Cool industry reception for regulatory interventions to solve dearth of cover
The Federation of Small Businesses has called on the Financial Conduct Authority to act in response to a survey it conducted that found that many businesses are finding it difficult to find insurance.
Live Well by Zurich announces collaboration with Polar Electro to make healthy living easier
Live Well by Zurich and Polar Electro will work together to help customers of both companies gain access to services that will help them reach their wellbeing goals.
FSB calls on insurance industry to tackle widespread confusion over what commercial policies cover
The Federation of Small Businesses has called on the insurance industry to improve the clarity of policy wordings after it found that 30% of small businesses and the self employed have difficulties understanding what their insurance covers.
A ‘thorough review’ of approach towards retail customers needed as FCA unveils new Consumer Duty rules
Regulation experts have warned that firms will need to undertake a "thorough review of their current approach to retail customers" as the Financial Conduct Authority revealed the details of its Consumer Duty reforms today.
Intelligence: Fanning the flames – what is causing the fires on containerships?
With more than 70 reported fires breaking out on containerships in the past five years, cargo fires are a priority concern for marine industry. Post investigates how these fires are starting, and what is being done to address this issue.
Biba targets a return to verbal communication with brokers to combat 'misunderstanding'
The British Insurance Brokers' Association wants insurers to bring verbal communication with brokers back to the claims process to "cut down the misunderstanding rate".
Government urged to learn from past mistakes with OIC as it consults on introducing compulsory mediation
Claimant representatives have urged the government to learn from its mistakes as it plans further reforms to the civil justice system with compulsory mediation.
Allianz's Nick Hobbs on how insurance can provide stability in uncertain times
With the world becoming more uncertain and volatile with each passing week, Allianz chief distribution and regions officer Nick Hobbs outlines how the insurance industry can help, beginning with indexing inflating exposures and reconsidering indemnity…
Blog: Will class actions follow a US ruling and become the norm in the UK?
Class actions involving multiple parties and multimillion-dollar payouts have historically been confined to the US, but following a historic ruling in Merricks v Mastercard, Samantha Silver and Barnaby Winckler, partners specialising in product liability…
RSA reinforces health and wellbeing commitments with new domestic abuse policy
RSA Insurance has launched a domestic abuse policy to support employees who may be suffering as victims of domestic abuse.
Verisk appoints Elizabeth Mann as executive vice-president and CFO
Verisk has appointed Elizabeth Mann as executive vice-president and chief financial officer, effective 15 September.
Greggs alleges 'hundreds, perhaps thousands' of separate losses in Zurich aggregation trial
The trial in the case of Greggs v Zurich drew to a close on Tuesday, in a shortened process which forwent opening statements and cross-examination of expert witnesses.
Blog: Insurers and brokers must work together to meet clients’ expectations
Julie Rayson-Flynn, director at Brokerbility, considers how declining insurance performance are impacting on the reputation of smaller brokers and their customers, as they cope with hard market conditions and unknown territory.
Beazley’s chair David Roberts moves to the Bank of England
Beazley chair, David Roberts will be standing down from the board in autumn to take up the role as chair of the Court of the Bank of England.