United Kingdom (UK)
Diary of an Insurer: RSA’s Cath Frost
Cath Frost, regions managing director of RSA, starts the week with her coach and ends it by mentoring colleagues and shaping learning and development plans.
Jensten buys three brokers; CFC launches IP solution; Optio appoints CEO
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Howden snaps up Reich
Howden has bought Reich Insurance Group, for an undisclosed sum, in a “significant step” to increase its footprint across north west England.
Percayso lines up further acquisitions following Cazana deal
Percayso Inform is looking for further acquisition opportunities following its purchase of Cazana last week, managing director Rich Tomlinson has told Post.
Perils pegs February 2022 storm losses at €3.8bn
Perils estimates that the final loss for the European windstorm series, which affected the UK and continental Europe from 16 to 21 February 2022, comes to €3.8bn.
60 Seconds With... Nick Rugg, Markel
Nick Rugg, senior underwriter of fintech and financial institutions at Markel International, tells us about his experience flying a plane, and reveals that in parenthood, honesty is not always the best policy.
Hazards are still stalking the high seas for marine insurers
Analysis: David Worsfold examines how the Russia and Ukraine war has presented marine insurers with several tricky challenges, including insuring ships in the safe-grain corridor, and keeping abreast of the constantly changing sanctions regimes.
Insurers to appeal against mixed injuries whiplash judgment
The Association of British insurers has confirmed that insurers are looking to appeal against the mixed injuries whiplash judgment handed down at the Court of Appeal in January.
How inflation is widening the underinsurance gap
Data analysis: Insurance Post investigates the widening gap between cover and risk in home and commercial property insurance, revealing how the conflation of property value with the rebuild price may be driving this trend.
Diary of an Insurer: Geo Agriculture’s Kate Bush
Kate Bush, head of underwriting operations at Geo Agriculture, is hands on in the lambing shed and with farming under pressure she looks to widen the MGA’s underwriting footprint.
Neurodivergent people under-supported in the workplace, claims Gain
Gain, the Group for Autism, Insurance, Investment and Neurodiversity says neurodivergent people are facing “disparity” in the workplace, and will end up falling through the cracks like other groups in the industry.
Fluffy CEO reveals plan to stand-out from the pet insurance crowd
Pavel Gertsberg, CEO of Fluffy, has revealed how he intends to make pet insurance pricing more transparent and affordable in a bid to bridge the 40% to 60% protection gap that currently exists in the market.
60 Seconds With... LV's Fabio Goriup
Fabio Goriup, project manager at LV, shares with Post his enthusiasm for car maintenance, squash, and simple happiness.
Scale of underinsurance in cyber uncovered
Data analysis: Insurance Post investigates whether fewer incidents of data breaches are linked to the rise of cyber insurance and if policyholders have adequate cover for their needs.
Government urged to move to regulate sales of e-scooters
MPs have been urged to speed up the process and end the ambiguity over how e-scooters can be used.
Aviva changing approach for customers with mental health conditions after ‘asking too many questions’
Aviva has acknowledged it has asked “too many questions” to people who reveal mental health conditions, and that it needs to do more to support these customers.
Consilium's co-CEOs are targeting £1bn GWP by 2026
Consilium's co-CEOs James Baird and Paul Richards say the focus for 2023 is growing speciality areas, and to deliver £1bn in gross written premium by 2026.
Q&A: Simon Pemberton, Gallagher Bassett
Simon Pemberton, CEO of Gallagher Bassett ,caught up with Insurance Post to speak about claims trends, recruiting talent and plans for the business in the year ahead.
Menopause still a ‘taboo’ subject for women in insurance
Vicky Wallis, chief people officer at Direct Line Group, expressed concerns that if the “culture is not right” for women in the industry, they can’t have open conversations about the menopause.
Insurers trapped with ill-designed systems, claims Peppercorn CEO
Nigel Lombard, Peppercorn founder and chief executive, believes insurers are trapped with processes that were designed very much on the provider’s agenda, rather than on the customer’s.
Scale of insurers struggling to fill vacancies revealed
Data analysis: Insurance Post examines the recruitment struggles of different parts of the insurance industry and explores what types of firms have been hardest hit by the Great Resignation.
Nicholson replaces Nichols as Zurich's chief claims officer
Zurich has appointed James Nicholson as chief claims officer with immediate effect, replacing David Nichols.
War on wages sees insurers struggling to fill vacancies
Insurer employees believing the only way to get more money to cover the cost-of-living crisis was to move jobs resulted in an unprecedented number of job vacancies in 2022, according to labour market analysis.
How EU ruling pushed up the price of motor insurance
Analysis: Frances Stebbing explores the impact of the European Union’s gender-neutral pricing rules on how motor insurance is underwritten and priced today.