Regulation
Manchester Underwriting's Charles Manchester on Grenfell and PI
Manchester Underwriting CEO Charles Manchester examines the possible knock-on effects of the Grenfell Tower tragedy on the professional indemnity market.
Ageas' Andy Watson's wish list for returning MPs
As goverment returns to business, Andy Watson, CEO of Ageas UK, reminds MPs that there are still three major areas of policy affecting insurance that need to be properly addressed before insurers can begin to control and then reduce customer premiums.
Covéa's Lisa Meigh on why the apprenticeship levy is not just another tax
Many companies have written off the apprenticeship levy that came into force in April as another tax but Lisa Meigh, director of HR and Learning at Covéa Insurance, sees a pot to further future generations of insurance workers.
This Month in Post: Discount, diversity and data
There was some good news and some bad news this week for the insurance industry.
Insurers rejoice at new Ogden formula on Twitter
Insurers took to Twitter to express their satisfaction with the new mode of calculation for the discount rate, which the government unveiled today.
Industry welcomes draft reform on Ogden discount rate
Insurers have welcomed government plans to alter the way the discount rate is set in future.
Law firms warned over handling of holiday sickness claims
Solicitors have been slapped with a warning over the handling of holiday sickness claims following evidence of rising fraud.
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
Blog: Insurers should support replacement of lead pipes
Insurers should fund the replacement of lead pipes, instead of having them repaired, urges Chris Cowen, client relationship manager at Auger, arguing this will cut claims in the long term.
Airmic's John Ludlow on the success of the Insurance Act
John Ludlow, CEO of the Association of Insurance and Risk Managers, looks at the successes and failures of the Insurance Act, which came into force a year ago.
LMA launches working party to tackle banking regulations
The Lloyd’s Market Association has launched a political risk working group to examine regulatory issues affecting banking sector.
LV's Martin Milliner on the future of vehicle technologies
Wtih the European Commission looking to mandate 19 vehicle technologies to be fitted as standard, Martin Milliner, director of claims at LV, asks how ready the public and insurers are for advanced driver assistance programmes.
UK General's Karen Beales on why MGAs are the 'new black'
Regulators are forcing insurers to make more efficient use of their balance sheets and allocate capital where it can deliver the most effective returns, this allows smaller players in the market the opportunity to fashion insurance packages for special…
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
This week in Post: M&A, Ogden misery and the Mobot
With London hosting the World Championships there has been a sports buzz about the city this week.
Blog: Insurers must pursue exaggerated claims
A recent prison sentence for a claimant who exaggerated injuries, is proof that compensators should pursue this kind of fraud vigorously, writes Kieran Jones, partner at Weightmans.
Analysis: The age of consent
Insurers will need to get the consent from their policyholders to collect their personal data, under regulation coming into force next year
BILA's Melissa Collett on five ways insurers can increase consumer trust
Melissa Collett, director at Fairer Finance and committee member of the British Insurance Law Association, describes five ways insurers can increase consumer trust.
Lord Justice Jackson scales back fixed recoverable costs proposal
Lord Justice Jackson has recommended extending fixed recoverable costs for fast-track legal cases and a new fixed cost intermediate track for claims worth up to £100,000.
GDPR to boost UK cyber insurance take up, says Hiscox CEO
Incoming European data regulations will drive demand for cyber insurance in the UK, according to Hiscox’s CEO.
China's regulator wants insurers to help "stabilise" society
China's regulator the China Insurance Regulatory Commission is determined to continue its reform of the insurance sector.
Italian regulator places broker Ariscom into special measures
The Italian insurance regulator has placed broker Ariscom into special measures.
This Week in Post: Vnuk is a four letter word
When my toddler says ‘fox’, it sounds very rude. I mainly laugh at it but I’m also a bit scared that the next time she spots a fox in our local park, she will point at it, proudly shouting ‘F***! F****!’
Career Development: Axa latest insurer to sign Women in Finance Charter
Axa has signed the Women in Finance Charter.