Terrorism
Probitas CEO to retire a year on from Aviva acquisition
Probitas CEO Ash Bathia will retire at the end of July, with Aviva’s global corporate and specialty managing director Matthew Washington set to take the reins at the Lloyd’s insurer.
Hiscox offers update on plan for genAI underwriting
Hiscox and Google Cloud have shared plans to introduce generative artificial underwriting to more lines of business and explained what it took to get it working last year for terrorism cover.
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.
Pool Re reduces taxpayers’ exposure to UK terrorism risk
Pool Re has completed the placement of a new retrocession programme, shifting more of the financial risk arising from acts of terrorism away from taxpayers and back to the private market.
Atrium CIO backs AI for broker submission insights
The ability of generative artificial intelligence to provide insight from unstructured data in broker submissions is a key use case for underwriters, according to Atrium chief information officer Justin Emrich, who is soon retiring after 41 years in the…
How worldwide events transform war and terrorism cover
In the latest Insurance Post Podcast, Thomas Clayton, head of cyber for Zurich UK, CFC’s terrorism and sabotage team leader Harry Salmon, and Hugh Sparks, managing director for onshore energy and mining at Charles Taylor Adjusting, reflect on how the…
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.