Commercial
RSA appoints Intact Ventures MD Karim Hirji as CFO
Intact has appointed Karim Hirji – formerly managing director of its venture capital arm – as executive vice-president and chief financial officer of RSA UK & International.
Trueman leaves CFC following strategic review
CFC has announced the departure of its chief underwriting officer, Dan Trueman, a little over a year after he joined the company, following a strategic review of its structure.
RSA bags best underwriting result ‘in over a decade’
RSA made an underwriting profit of £172m last year, according to financial statements published by the insurer’s parent group Intact.
FM to step up European renewables focus
Commercial and industrial property insurer FM will step up its efforts to serve clients in the renewable energy sector in Europe this year, its UK operations manager has said.
Q&A: Jonathan Jackson, Previsico
Jonathan Jackson, CEO of Previsico, discusses practical uses of the firm's flood risk forecasting service and its primary areas of growth over the coming year.
Why PFAS is the greatest threat to insurance today
As “forever chemicals” become a growing focus of government regulation and a deluge of civil litigation, Emma Ann Hughes unpicks the potential impact of the manufacture and distribution of per and polyfluoroalkyl substances for the insurance industry.
Insurers on alert as government plans to change child sex abuse limitations
The government has put forward a bill to make it easier for victims of child sex abuse to gain an apology and to pursue historical claims in the civil court.
Cyber attacks to be given hurricane-like categorisations
The Cyber Monitoring Centre has announced that it will categorise cyber events affecting UK businesses with immediate effect, giving insurers a potential means of managing their exposure to systemic losses.
Allianz Trade’s Murrow to depart UK to take up Americas CEO role
Allianz Trade’s UK & Ireland CEO Sarah Murrow is set to leave her position later this year, to take up the reins at the trade credit insurer’s Americas business.
Bridgehaven’s Jewell’s verdict on Covéa CEO’s MGA decision
Paul Jewell, founder of hybrid-fronting insurer Bridgehaven, has shared his thoughts on rival Georges de Macedo, CEO of Covéa Insurance, deciding his business won’t work with MGAs again.
Why getting business interruption cover right is more critical than ever
View from the Top: Laura Vickers, managing director of commercial lines at Gallagher in Ireland, explains what brokers need to do to ensure clients are protected with what is increasingly business-critical cover.
Throwback Thursday: Axa’s Asia adventure & GA attack
Insurance Post’s Throwback Thursday steps back in time to February 1995 to remind you what was going on this week in insurance history when Axa entered Asia and a man was cleared of trying to kill General Accident bosses.
Pen simplifies leadership structure ahead of MD’s retirement
Pen Underwriting has appointed Sarah Breslin as managing director of its new commercial UK & Ireland division.
LA blaze shows insurers must be agents of resilience
As the cost of fixing the damage done by the Los Angeles wildfires runs into billions of pounds, Rory Yates, global strategic lead at EIS, argues rather than retreat from risk claiming withdrawal is the only option, insurers must demonstrate every avenue…
Bridgehaven on course to hit £400m GWP
Eighteen months on from launching the UK’s first hybrid fronting insurer in the summer of 2023, Bridgehaven founder Paul Jewell has revealed his business is on track to achieve £400m to £500m of gross written premium by the end of 2025.
Record claims payouts signal ‘new normal’ in W&I market
Howden has reported that its clients saw a record year of warranty and indemnity claims recoveries in 2024, with the business class seeing significantly elevated notifications for a second year in a row.
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Ecclesiastical detects more than £4m in false claims
Claims specialists at Ecclesiastical Insurance have uncovered £4m in fraudulent claims during 2024, almost £1m more than in 2023.
RSA and NIG’s David Enoch set to retire
RSA’s distribution and proposition director David Enoch is set to retire after five years at the insurer and its recent acquiree NIG.
Diary of an Insurer: Axa’s Paul Tombs
Paul Tombs, director of intermediated SME at Axa Commercial, catches up with his team in Glasgow, struggles to get his miniature dachshund Betty to go for a walk in the winter, and enjoys fajita Friday with his wife and twins.
Climate campaign group slams government’s captives consultation
Global NGO campaign Insure Our Future has criticised HM Treasury’s captives consultation due to the potential for lowering capital requirements for captives to benefit from the fossil fuel industry.