Articles by Harry Curtis
Victor to write follow-on business through 'virtual' Lloyd's syndicate
Victor Insurance will operate at Lloyd’s as a “virtual syndicate” writing follow-on business as it looks to provide its capital partners opportunities to participate in risks around the world.
All-party insurance group chair Craig Tracey returned to parliament with record majority
Insurance broker turned Conservative parliamentarian Craig Tracey was returned as the MP for North Warwickshire in yesterday’s general election.
Elite Insurance goes into administration
Gibraltar-based Elite Insurance has been placed in administration and has ceased playing claims, having initially ceased writing business and entering runoff in July 2017.
Guernsey Finance CEO steps down
Guernsey Finance CEO Dominic Wheatley is set to step down in June next year after five years in the role.
Richard Rowney steps down as LV CEO
Richard Rowney has stepped down as CEO of LV and will leave the insurer at the end of the year after 13 years at the company.
FSCS has paid out a total £276m following the collapse of unrated insurers Alpha, Gable and Enterprise
The UK’s Financial Services Compensation Scheme has paid out a total £276m in claims to the policyholders of three overseas unrated insurers that collapsed between 2016 and 2018.
Victor set to launch Lloyd's syndicate with Asta
Victor Insurance is set to establish a syndicate at Lloyd’s and will commence underwriting with a capacity of £57m on 1 January 2020.
Consumers are ready for auto-switching, says Go Compare CEO Crummack
Consumers are ready for greater use of auto-switching services across many areas of household bills including home and car insurance, Go Compare CEO Matthew Crummack has said.
Airmic moots possibility of 'Flood Re Plus' to cover commercial properties
The onset of climate change and the increased risk of flooding that comes with it could necessitate a ‘Flood Re Plus’ covering commercial properties, the UK risk management association Airmic told Post.
Arch appoints Stuart Danskin as UK regional underwriting director
Arch Insurance has made Stuart Danskin director of underwriting for its UK regional division, which was formed at the start of this year.
Lloyd's consortium targets space startups with all-in-one satellite cover
A consortium of 18 Lloyd’s syndicates has announced a $25m-capacity-per-risk space insurance product that seeks to capitalise on a predicted tripling of the size of global space market by 2040.
Bermudian premier David Burt targets innovative insurers
The Bermudian premier David Burt has sung the praises of his country’s insurance market as a “sandbox” for innovative insurers and called on the London market to collaborate on efforts to drive the sector forwards.
Roundtable: Getting over the back office blockade
Digitalisation remains the juggernaut that insurers cannot sidestep if they are to remain relevant. However, they risk falling behind more agile rivals if they fail to modernise their back offices: the beating heart of the business which might be in need…
HW Kaufman buys Barbican Protect as it continues UK expansion
US-based HW Kaufman Group has acquired Barbican Protect as part of its continued expansion into the UK market.
Standalone cyber uptake lags behind as insurers mitigate 'silent cyber' exposures
The perception of exposure to cyber risk in non-cyber policies dropped over the last year, according a survey conducted by Willis Towers Watson.
Huge data breach claims necessitate cyber insurance rethink, warns Kennedys
Data subject claims are on the rise and will be “the next in a long line of mass litigations” producing “exposures in the tens of millions”, according to Kennedys.
Plexus' Anthony Baker elected Foil president
Anthony Baker, a partner at Plexus Law, has been elected president of the Forum of Insurance Lawyers.
Investors make insurance inquiries over Labour nationalisation plans
British utilities investors have made inquiries about insurance coverage for their assets in the event that they are nationalised under a Labour government following next month’s general election.
Risk managers warned 'more human-centred approach' needed on sustainability
Risk managers, alongside accountants and regulators, must adopt a “more human-centred approach” to tackle the risks presented by climate change, the managing director of the World Business Council for Sustainable Development has said.
Q&A: Jeffrey Skelton, Lexis Nexis Risk Solutions
Jeffrey Skelton has worked for Lexis Nexis Risk Solutions for more than 17 years and in July was appointed as managing director for insurance for UK and Ireland. Harry Curtis spoke to him about his career to date and future plans.
Industry responds to 'jaw-dropping' behaviour at FCA headquarters
The insurance industry has reported mixed responses to reports of “shameful” behaviour by staff at the London offices of the Financial Conduct Authority.
ABI backs Gibraltar government's pitch to British businesses
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
Minster Law cuts costs and warns others must do the same to survive reforms
Personal injury law firms face a “bleak future” unless they bear down on their fixed costs ahead of reforms set to come into force next year, Minster Law CEO Shirley Woolham has warned.
Thomas Cook personal injury fund unlikely to provide full compensation, lawyers warn
A government scheme due to be set up to pay the personal injury claims of Thomas Cook customers is unlikely to be sufficient to provide claimants with full compensation and may be open to abuse if appropriate safeguards aren’t put in place, lawyers have…