Regulation
Axa calls for end of construction on flood plains as flash floods hit
Following today’s flash floods that saw half a month’s worth of rain dumped over parts of England, Axa has called for the government to end construction on flood plains and encourage greater resilence in repairs.
Lawyers welcome SRA's decision not to lift ban on cold calling
The Solicitors Regulation Authority has said it has no intention to lift the ban on solicitors’ cold calling.
Under attack: how widespread is appointed representative mis-selling?
The Financial Conduct Authority recently fired the first shots over mis-selling by appointed representatives but how far-reaching is this problem and what can be done to stop it?
Mandatory personal injury protocol in Scotland
The new protocol rules provide opportunities for insurers to avoid more litigation than before, but robust procedures for adhering to deadlines will be necessary to avoid any breach.
How a board game is teaching teenagers all about risk
The insurance industry could score points among the young generation
Did the Gibraltar regulator miss the warning signs?
The Gibraltar Financial Services Commission has once again fallen under scrutiny after Enterprise Insurance became the third major insurer to collapse in the tax haven in recent years.
Blog: Motorcycle licensing laws are an insurance headache
Motorbike sales have risen, while the number of young riders taking the licensing test has dropped. The young generation may be discouraged by the complexity of the scheme, which is also a bit of a headache for insurers.
Blog: Insurance for autonomous cars - from concept to reality
It has now been 11 years since a team from Stamford University won a $2m (£1.5m) prize for developing ‘Stanley’, a fully self-driving car.
Europe: Bermuda and its Solvency II equivalent meet the highest standards
Bermuda has been granted equivalent status under the Solvency II directive, besides being approved as a qualified jurisdiction by the US National Association of Insurance commissioners.
Solicitors' PI: Uncertainty ahead
Most law firms will seek renewal of their professional indemnity insurance this autumn, although an estimated one-third will renew their PII away from 1 October. The announcement that unrated insurer Enterprise has stopped writing new business leaves the…
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.