Politics
Blog: Newcastle - powerhouse or outhouse?
Post reporter Katie Marriner sums up her experience of visiting the Newcastle insurance sector and how plans to make it a powerhouse are being received.
Regional Review: Belfast
For a community that has been forced to overcome more than its fair share of troubles in the last century, members of Belfast’s general insurance market may be forgiven for being cautious with their optimism regarding the future prosperity of the sector…
Quiz of the week - 17 April 2015
Test your knowledge of this week's insurance news stories with Post's quiz.
News Editor's Comment: Countdown to the election
With just three weeks until a general election where the only certainty looks set to be the absence of an overall majority, business leaders across the UK are clamouring for a combination of progress and stability.
Scenario testing required as industry concerns over EU exit increase
Insurance firms are being urged to adopt scenario testing from this year in preparation for the proposed referendum on the UK's European Union membership under a future Conservative government.
NIHL overcrowding leading to claims 'backlog' as new entrants flood market
The noise induced hearing loss arena is producing a logjam of claims and is becoming overcrowded with new entrants, according to members of both the defendant and claimant legal fraternities.
Outgoing MP Evans becomes non-exec chair of Allied World MGA
Veteran parliamentarian Jonathan Evans will take on the role of non-executive chairman of Allied World Assurance’s Lloyd’s managing agency after stepping down as MP for Cardiff North.
Next government urged to take long-term approach by industry
Industry figures have implored the next government to take a long term approach to issues affecting insurance and to resist the temptation to unpick reforms that are starting to have a positive impact.
Tackling 'skills gap' must be priority for next government says CII
The transition from education to employment must be a key focus for the next government, whatever its composition, according to the Chartered Insurance Institute.
Blog: Private sector pain for brokers part of the price of peace in Northern Ireland
It is almost 17 years to the day since the Good Friday Agreement brought an end to 30 years of sectarian conflict in Northern Ireland, yet the lasting legacy of ‘The Troubles’ continues to have a profound effect on the local economy and the general…
Political Interview: Cathy Jamieson: Bringing big ideas
In the last of Post’s political interviews in the countdown to the General Election, Cathy Jamieson, Labour Shadow Financial Secretary to the Treasury, lays out her party’s aims in government.
Corporate policyholders told to improve standards in light of Insurance Act
Corporate insurance buyers in the UK have been warned that current risk analysis standards “fall substantially short” of the compliance implications associated with the incoming Insurance Act.
In-house investigators dodge PI regulation amid deadline delay
In-house claims investigators will not be subject to statutory licensing for private eyes, according to the Association of British Insurers, which has expressed concerns that uncertainty around the introduction of PI regulation is “hindering” insurers.
DfT and industry players discuss scope of Vnuk legislation
Industry leaders are working with the Department for Transport to determine if certain vehicle classes should be taken out of European Union legislation that expands the requirement for motor insurance, amid fears of a future claims influx.
AA calls for government to back Ifed expansion amid increased CMC activity
Nearly two thirds of UK motorists have been cold-called by claims management companies in the past year, with 36% contacted more than 10 times, according to research conducted by AA Insurance.
Museums: Heritage at heart
The UK’s museums are big business, so how do administrators make sure their assets are covered in any eventuality?
Government reveals plan to make London cyber capital
The UK government today (23 March) unveiled plans to make the London market the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
Blog: Tackling flood risk now for future generations
Last winter, the misery and devastation suffered by many flooded businesses and homes starkly highlighted the need to improve flood defences to better protect properties for the future.
Flood Re regulations laid before parliament
Flood Re's secondary legislation was yesterday (19 March) laid before parliament marking the completion of negotiations with government around the scheme.
Elite offering PII to MROs as Medco minimum cover requirement is set at £1m
Unrated insurer Elite Insurance has “leapt to the aid” of medical reporting organisations that want to be considered for the Medco portal by offering professional indemnity cover.
Driverless cars commitment and reinsurance backing prominent in 2015 Budget
Chancellor of the Exchequer George Osborne has pledged £100m to the development of driverless cars in a bid to make the UK "a centre of excellence" for the technology.
Task force enlists ABI and Biba to update application fraud guidance
The Association of British Insurers and the British Insurance Brokers’ Association have agreed to update their guidance on the prevention of application fraud by the end of 2015 after being prompted by the government’s insurance fraud task force.
Improved training not the only answer, claim motorcycle insurance firms
Enhanced basic training for motorcyclists is a step in the right direction, but other changes are needed to reduce the rising number of riders killed and seriously injured in Great Britain, according to specialist motor players.
What issues top the GI industry's 2015 budget wish-list?
As Chancellor of the Exchequer George Osborne prepares to deliver his annual budget tomorrow (18 March), Post found out what the general insurance industry hopes to fin inside the famous old briefcase.