Terrorism
Pool Re opens consultation on SME terrorism cover
Pool Re has launched a consultation on the potential to reintegrate terrorism as a standard covered peril in SME policies.
Over one in four businesses impacted by protests and civil unrest
More than one in four UK businesses were impacted by civil unrest last year, according to research from Gallagher.
Markel’s Guidewire implementation; Hiscox’s FI offering; Lockton’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva and Probitas launch two classes in Lloyd’s
Aviva and Probitas have announced the next step in their integration, by launching two new classes in the Lloyd’s market.
Big Interview: Aki Hussain, Hiscox
Aki Hussain, CEO of Hiscox Group, explains how he has accelerated the kind of innovation and created the type of culture that is essential to keeping the international insurance group in pole position in the market.
Insurers Review of the Year 2024
Insurers share their highlights of 2024 and hopes for more economic stability, less regulatory tinkering and fewer storms in 2025.
Martyn’s Law highlights how risk management has the power to protect lives
RiskSTOP’s Johnny Thomson reflects on how a recent conversation with two people deeply affected by acts of terrorism, brought to light the positive impact insurance driven risk management is capable of having on all our lives.
Diary of an Insurer: Connect Underwriting’s Jamil Elbahou
Jamil Elbahou, CEO and chief underwriting officer of Connect Underwriting, who is also chairman of insurance network GBN Worldwide, brushes shoulders with Cherie Blair, reflects on how he remains an underwriter at heart, and won't let flu stop him from…
GoCompare’s partnership; Axa’s claims service; Davies’ chief AI officer
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Terrorism legislation ‘likely’ to result in increased D&O claims
Legislation tabled in parliament last week is “likely” to result in more directors’ and officers’ claims and renewed demand for public liability cover, law firm DAC Beachcroft has warned.
Government uncertain on Martyn’s Law’s insurance implications
Martyn’s Law, which will require public venues to boost their preparedness for terrorist attacks, has finally been introduced to parliament.
TRIA stabilised the insurance industry after 9/11
Greg Podleśny, co-founder of insurtech Acini, reflects on how the Terrorism Risk Insurance Act addressed the spike in insurance costs due to terrorism after the events of 9/11.
Terror charges for rioters could put insurance claims in doubt
Businesses reeling from damage caused by far-right riots across the UK in recent weeks may have their claims complicated if the perpetrators are charged with terrorism offences.
Martyn’s Law included in King’s Speech
Legislation to boost public venues’ resilience to terrorist attacks, known as Martyn’s Law, has been confirmed as part of the government’s agenda for the current parliamentary session in the King’s Speech.
Hiscox uses AI to slash underwriting from three days to three minutes
Hiscox has shortened its lead underwriting journey for the London Market sabotage and terrorism book from three days to three minutes through the use of generative artificial intelligence.
How is insurance stepping up amid election uncertainty?
With a record number of elections in 2024 set to introduce substantial unpredictability into an already volatile risk environment, Edmund Tirbutt examines how insurance is engendering resilience amidst unrelenting geoeconomic uncertainty.
How Covid changed travel insurance laid bare
Anna-Marie Duthie, insight consultant for general insurance at Defaqto, examines how the Covid-19 pandemic and price comparison websites have transformed travel insurance and explains why some providers are feeling the pressure of the Consumer Duty rules.
Redefining risk with Martyn’s Law
Paul Tarne, partner at law firm Weightmans, explains how landmark counterterrorism legislation Martyn’s Law will affect insurers.
Industry watches as election puts Martyn’s Law passage in doubt
Anticipated legislation targeted at boosting public premises’ resilience to terrorist attacks could now be delayed by the dissolution of parliament ahead of July’s general election.
Insurance industry has huge role to play in raising awareness of Martyn’s Law
Experts at the 2024 British Insurance Brokers’ Association Conference have flagged the huge role brokers and insurers have to play in raising awareness of the incoming legislation aimed at protecting premises from terrorist attacks.
Businesses unprepared for incoming anti-terrorism law
Over three quarters of businesses aren’t confident that they will be able to comply with new anti-terrorism requirements, according to research by Gallagher.