Life insurance
Past presidents call on PFS members to vote against CII AGM proposals
Four past presidents of the Personal Finance Society are among those that have put their names to a website urging members to vote against elements of the Chartered Insurance Institute’s upcoming annual general meeting, as the rows over deregistering the…
Interview: Nick Turner, NFU Mutual
After a tricky year as Chartered Insurance Institute president Nick Turner has stepped up as NFU Mutual group CEO. He talks to Stephanie Denton about insuring the most dangerous profession in the UK, accepting the golden ticket and why constant movement…
First insurance ESG Framework unveiled; Ardonagh acquires Usay Gp; James Hallam adds trio of buys; and Right Choice completes Bennetts deal
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Briefing: Abrdn or Aberdon’t
Standard Life Aberdeen’s Abrdn rebrand has met with consternation and raised eyebrows – time will tell whether it pays off or falls vowel of its own “clarity of focus”.
Analysis: People agenda pushes advice and employee benefits up the list for brokers
Brokers have been urged to expand their offerings with wellbeing and employee benefit propositions as demands from clients shift due to the Covid-19 crisis.
Uber insurance boss joins insurtech as European head as it gears up for Series A raise
The former head of insurance for EMEA at Uber, Russell Corbould-Warren, has swapped the ride share giant for insurtech Collective citing the growth of on-demand employment platforms as a key factor for his move.
Analysis: Deconstructing Aviva
With a new group CEO in role, Aviva has made serious strides in offloading its overseas operations. What inspired these moves and what does this mean for its core operations in the UK, Ireland and Canada?
Insurer satisfaction unaffected by Covid-19 despite record policyholder problems, says Institute of Customer Service
The Covid-19 pandemic and subsequent lockdowns have not had a detrimental impact on the insurance sector’s overall customer satisfaction - despite the number of people experiencing problems hitting an historic high, according to the latest report by the…
Analysis: A tale of two mutuals
Eleven days apart in June, two of the UK’s mutual insurers – Police Mutual and LV – made announcements regarding their futures. Their decisions herald challenging times for the mutual model.
Swiss Re pegs H1 Covid-19 losses at $2.5bn
Swiss Re has predicted $2.5bn (£1.96bn) of pre-tax Covid-19 losses in the first six months of 2020 will drive its half year results to a $1.1bn loss.
Interview: ABI's Huw Evans on not losing faith in insurance
It clearly is not great for the insurance industry’s reputation “to be in a position where it has so many unhappy customers,” Huw Evans, director general of the Association of British Insurers has admitted.
Roundtable: Getting the board to ‘byte’
Interest and enthusiasm at board level for technology data-driven innovation has never been higher. At a Post interactive roundtable in association with Crowe, participants analysed how to generate tangible business benefits from a technical and…
Analysis: 19th Century insurance frauds
Scandal, fraud, deception and rabid profiteering have never been far away from the insurance industry. Indeed, it is probably fair to say they have been uneasy bedfellows ever since the modern insurance industry started to lay its foundations in this…
Insurtech: Top 100 Insurtech Firms 2019
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Insurtech: Insurtech 100: August - October 2019 quarterly update
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches …
Editor's comment: 2020 - A year of celebration
The year 2020 has been a long time coming for some in our family. In 1995 my lovely, tiny and very northern grandmother turned 95 and since then all 12 of her great-grandchildren have been counting down to the day she turns 100 and gets her card from The…
Insurtech 100: August - October 2019 quarterly update
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches …
Tesco to buy out Ageas from insurance joint venture
Exclusive: Tesco has notified the Ageas UK board that it is likely to end its decade long home and motor insurance relationship next year, Post understands.
European insurers paid out €2.9bn every day in 2018
European insurers paid out €1069bn (£953bn) in claims and benefits to insureds in 2018, according to figures gathered by Insurance Europe.
Top 100 Insurtech Firms 2019
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Customers increasingly looking to credit to pay for premiums: research
Insurance customers are increasingly relying on credit to pay premiums, with nearly one in three planning to use more credit this year, research found.
Lloyd's syndicate-backed insurtech launches
Lime, a new life insurtech targeting what it calls a “protection gap” in the UK, has launched.
Blog: Policy renewals – the importance of loyalty
What many insurance companies perceive when their customers renew is the illusion of loyalty. Oke Eleazu, chief operating officer at Bought By Many, argues consumers don’t have an affinity for their insurance company and renewals are usually down to…
Blog: Aspirational insurance – a new idea for the sector to consider
The current insurance model is 'failure' oriented - paying out on something negative happening. Should the industry reconsider this and reward 'success' instead, asks Geoff Knott, a director at Ninety Consulting