Articles by Scott McGee
MoJ ‘finally’ opens consultation for RTA medical reporting
The Ministry of Justice has today opened a 12-week consultation, seeking feedback on issues relating to medical reporting in support of road traffic accident-related PI claims valued up to £5,000.
RSA moves to double professional indemnity business by 2026
RSA Insurance has launched an excess of loss product – the first in a phase of launches as it aims to double the size of its professional indemnity business by 2026.
Arag agrees deal to buy Das UK
The Arag Group is set to buy Das UK, Ergo’s legal protection insurance business.
Time to stop throwing punches with the OIC portal
Editor’s View: Scott McGee says the Official Injury Claim service needs to be improved to achieve the aim of making the personal injury claim process so simple anyone could request compensation without legal help.
Government grills FCA on broker commission
Sheldon Mills, executive director for consumers and competition at the Financial Conduct Authority, conceded the regulator needs to “be tougher on brokers” after Dame Angela Eagle slammed them for “ripping off leaseholders”.
Big Interview: ABI’s Mervyn Skeet
In his first big interview since being appointed director of general insurance policy at the Association of British Insurers, Mervyn Skeet speaks to Scott McGee about the reinsurance scheme for high-risk buildings and closing expectation and protection…
Subsidence costs to increase 800% if climate change continues at current rate
PWC has predicted that, if climate change continues to increase the severity of weather in the UK, insurers will be facing costs of around £1.9bn per year just in subsidence claims.
Motor premiums will ‘need to go up further’ to manage claims costs, says ABI’s Skeet
The Association of British Insurers’ director of general insurance policy, Mervyn Skeet, has told Insurance Post that motor premiums will “probably need to go up further” because claims costs are still increasing.
Trudgill takes CEO role at Biba
Graeme Trudgill, executive director at the British Insurance Brokers’ Association, has been appointed CEO, replacing Steve White.
Profile: Rodney Bonnard, EY
Rodney Bonnard, head of insurance for EY, chats to Scott McGee about his 30 years in insurance, the “profitability crisis” within personal lines, and how insurers need to be redefined for the future of insurance.
Ecclesiastical expands reach to modern leisure venues
Ecclesiastical is expanding its leisure product to include modern properties, Insurance Post can reveal.
Chancellor to sign EU financial services co-operation agreement
Jeremy Hunt, Chancellor of the Exchequer, will sign an agreement on financial services co-operation with Mairead McGuinness, European commissioner for financial stability, financial services and the capital markets union.
Winn Group targets high-profile partnerships after more than doubling turnover
After Winn Group increased turnover by 139% in 2022, founder and executive chairman Jeff Winn has targeted some big-ticket partnerships to take it past £300m by the end of 2023.
Big Interview: Aon and Biba’s Jane Kielty
Jane Kielty, head of commercial risk at Aon and deputy chair of the British Insurance Brokers’ Association, catches up with Scott McGee about her view on the future of commercial insurance, and how being ejected from her previous career got her thinking…
CMA reverses Copart merger decision after industry support
Having originally raised competition concerns, the Competition and Markets Authority appears to have completed a u-turn on its findings around Copart’s acquisition of Green Parts Specialist Holdings Ltd (formerly Hills Motors).
Q&A: Fraser Edmond, Broker Insights
Broker Insights founder and CEO Fraser Edmond speaks to Insurance Post about the inefficiency of the commercial insurance space, bridging the knowledge gap between insurers and brokers, and how he hopes to more than triple the company's coverage by the…
Aon hit by Russian MOVEit data hack
Insurance Post can reveal that Aon has been caught up in the MOVEit data hack, which has embroiled a number of major corporations.
Who wants to be a DLG CEO?
Editor’s View: It is approaching six months since Penny James, Direct Line Group’s CEO “stepped down” from the role, but who could be in line to take over?
Mixed injuries confusion will ‘inevitably’ cause more OIC delays, MIB boss claims
Dominic Clayden, CEO of the Motor Insurers’ Bureau, said a resolution on mixed injuries needs to be found quickly, no matter the outcome.
Carpenters takes 42 staff and all OIC portal cases from Slater and Gordon
Insurance Post can reveal that Carpenters Group has taken on Slater and Gordon's OIC portal account, including all staff, with sources claiming that no fee was paid.
‘Naïve’ to expect road usage to go back to pre-pandemic ways
The changing habits of drivers post-pandemic requires insurers to be “comfortable being uncomfortable”, the head of underwriting for Allianz Personal and LV said.
Big Interview: PIB Group CEO Brendan McManus
After 45 years in insurance – seven of those at the helm of PIB – Brendan McManus has no plans to stop anytime soon.
Insurers pledge Brexit dividend won’t go to shareholders
At a Treasury Select Committee hearing this week, spokespeople from the Association of British Insurers, Aviva and Admiral said none of the extra available capital from the end of Solvency II will be given to shareholders as dividends.
Insurers granted permission to appeal mixed-injuries ruling
The Court of Appeal has granted permission for the Association of British Insurers to appeal the decision of the first two cases of mixed-injury claims involving both whiplash and non-whiplash injuries, Insurance Post can reveal.