Regulation
Esure's Stuart Vann on why whiplash reforms need to stay on the government agenda
With parliamentarians heading back to work in the next couple of weeks and the Brexit decision two months behind us, attention now needs to turn to the deliverables the government signed up to in advance of the referendum and the subsequent change of…
Challenging market is ‘no excuse’ for poor performance, report finds
Challenging market conditions are no excuse for poor insurer performance, according to a report by Willis Towers Watson.
State of the Nation: Lloyd's and the London Market: The march of Globalisation
For Post’s third research project of 2016, Michèle Bacchus asks Lloyd’s and London Market players for their views on globalisation, diversity and the future of the market.
Week in Post: CMC impersonators, NED worries, and a Team GB gold medal winner
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
Blog: In defence of CMCs
All those involved in personal injury must work more closely together, particularly if rogue claims management companies are to be stamped out.
NEDs: With great power comes great responsibility
There was a time, or so the old insurance hands say, when being a non-executive director was something of a cushy number: The sum total expected of a NED was to turn up for 12 board meetings a year, read the odd report, and play a few rounds of golf with…
Europe: Aspiro ruling could increase VAT costs for outsourced services
Every so often a case emerges that threatens significant change to the insurance industry. The recent European Court of Justice decision in the case of Aspiro, a Polish claims handing company, has done just that.
Are there too many roadblocks for rehabilitation to really work?
Getting injured people back on their feet through rehabilitation can be a win for claimants as well as insurer defendants but, when working within the naturally adversarial legal system, roadblocks can quickly spring up.
Blog: Riots and claims, five years after the London unrest
When the ‘Black Lives Matter' protests on 5 August brought West London traffic to a standstill and cut off the M4 corridor into Heathrow Airport, one couldn't help thinking of the simmering social tensions that led to widespread rioting five years ago.
Brokers welcome decision to abandon ‘unworkable’ client money rules
The financial services watchdog has abandoned a set of “almost unworkable” policy changes to how intermediaries handle client money.
PRIIPs deadlines putting pressure on financial services companies
Nine out of 10 financial services firms say they are concerned by the short deadline they have to produce paperwork for impending EU law on investment products.
Axa's David Williams on the unbearable intrusion of CMCs
With two-thirds of the population cold-called on a weekly basis, it’s time to take action
Insurers could be hit by exposure to fossil fuel assets
Insurers could face billions of pounds of potential losses from investment in fossil fuels, as the sector has failed to carry out risk assessment on the impact of climate change regulation.
Hiscox pledges to pay out in full on fair representation of risk cases under Insurance Act
Hiscox Insurance Company has made a pledge to pay claims in full to claimants that neither deliberately nor recklessly fail to make a fair representation of a risk under Insurance Act 2015.
Gable Insurance's first decade: seven lessons for start-ups
It is now four weeks since Gable announced it was cutting back its underwriting operations in light of compliance issue with Solvency II.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Insurance Act quiz
The Insurance Act is upon us. How well do you know this much anticipated piece of legislation? Take our quiz to find out!
Biba calls on insurers to be clear on Insurance Act 2015
The British Insurance Brokers’ Association has called on insurers to be clear when they 'contract out' of parts of the Insurance Act 2015, which is implemented today.
82% of insurers considering SaaS technology in response to Flood Re, IPT and CMA motor reforms
Insurer adoption of cloud hosted software-as-a-service technology is set to grow as a response to unprecedented regulatory change, according to research of 94 senior insurance decisionmakers and IT professionals.
Brodies' Elena Fry on the Apologies (Scotland) Act
The Apologies (Scotland) Act 2016 has caused some discussion north of the border, as insurers and policyholders consider how the Act will impact upon civil claims in Scotland.
More than a dozen organisations support ABI proposals on fire prevention
Over a dozen organisations have supported proposals put forward by the Association of British Insurers to ensure sprinklers are installed in more high-risk buildings.
Interview: Inga Beale, Lloyd's of London
Lloyd’s of London CEO Inga Beale sits down with Jonathan Swift to talk about Brexit, diversity and the need to modernise the market
Private Motor Insurance Order officially comes into effect
Measures to boost competition among insurers and reduce premiums for drivers have come into effect today.
Biba outlines its top 11 Brexit concerns in letter to senior MPs
The British Insurers Brokers’ Association has sent a letter to members of the government, setting out their member’s opinions on what should be considered as the UK heads towards exiting the European Union.