Politics
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.
CMC industry continues to shrink due to regulation, MoJ reveals
Industry-wide turnover for personal injury CMCs has dropped 44% to £215m from £310m last year, as the industry continues to shrink as a result of government regulation.
Biba and Ageas renew calls for telematics tax break after record motor premium hike
Young drivers should be given a tax break on their motor insurance if they take out a telematics policy.
Legal: Driverless cars journey on a bumpy road
Connected and autonomous vehicles are capturing headlines across sectors, none more so than in the insurance industry and at times we could be forgiven for thinking that a hands-off eyes-off car is just around the corner.
Former broker Craig Tracey to become co-chair of APPG for Insurance and Financial Services
Former insurance broker Craig Tracey is to take over as co-chair of the All Party Parliamentary Group for Insurance and Financial Services.
Insurers begin lobbying ministers following cabinet reshuffle
Insurers and brokers have already begun lobbying the new cabinet following prime minister Theresa May’s reshuffle last week.
Aviva's Simon Warsop on flood resilience
Simon Warsop, chief underwriting officer for Aviva’s personal lines business, talks about recent flood debates and what action is needed now to protect homes and businesses next winter.
Government to cut corporation tax to 15% following Brexit
The government will cut corporation tax to 15% in order to persuade businesses to remain in the country following the Brexit vote.
IUA urges quick resolution to UK EU trade talks
The International Underwriting Association has called for talks to begin as soon as possible on the UK's new trading relationship with the EU following last Thursday’s Brexit vote.
Biba raises questions over government's driverless cars consultation
The British Insurance Brokers’ Association said it has a “lot of questions” over the government’s consultation document on driverless cars.
Insurers mobilise contingency plans following Brexit vote
Deloitte has released a statement claiming that insurers are mobilising their contingency plans in response to last Thursday’s Brexit vote.
UK faces future from "position of strength", says Osborne
Chancellor George Osborne has said there are no immediate plans for an emergency budget and that he will stay on in his role.
Live: Brexit - the impact of the EU referendum on insurance
Britain has decided to leave the European Union - find all the latest reactions here.
Interview: Mike Brockman, Insure the Box
Insure the Box founder and CEO Mike Brockman talks to Post about the firm's acquisition by Aioi Nissay Dowa Insurance Europe and adapting to a changing market
Flood investment shouldn’t be about ‘sticking a plaster’ in an emergency, ABI warns
The government needs to “take the politics out” of decisions about flood defences, the Association of British Insurers has said.
Blog: Government needs a plan of attack for flood defences
Phil Bird, pricing and underwriting director at Legal & General, argues the proceeds from the insurance premium tax rise must be spent on long-term strategy to protect home owners at risk of flooding
In Depth - Brexit: What would a Brexit mean for the insurance industry?
The issue of the referendum has stirred debate – but what’s at stake?
Government accepts Insurance Fraud Taskforce recommendations
The government has accepted the recommendations it has been given by the Insurance Fraud Taskforce and has called for the whole industry to tackle the issue.
Claims - Education: Learning lessons
Amid the backflips and shifts in government policy, education remains a competitive market for insurers, with specific challenges as austerity tightens budgets.
Blog: Taking action against climate change
Insurers have an important role to play in taking on climate change, both in terms of providing protection and as investors
Regulators publish proposals to improve enforcement decision-making processes
The Financial Conduct Authority and Prudential Regulation Authority have today published proposals aimed at improving the transparency and effectiveness of the FCA's and PRA's enforcement decision-making processes.
Highways England to trial 'Wi-Fi road' on A2/M2 as part of innovation strategy
Highways England has today released its innovation strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
Riot cover to continue as standard as Act gets Royal Assent
Property insurers will continue to include riot damage cover as standard after lobbying by the Association of British Insurers contributed to the government introducing a £1m per claim limit in the Riot Compensation Act 2016.
C-Suite Insurer: Covéa's Adrian Furness - Standing up for customers
I’m concerned that as the debate about the latest whiplash reforms gets louder (I’m being polite), the most important person in the process is being forgotten - the customer