Carbon neutrality in UK domestic property claims repairs would cost the industry £9.8m, according to Sedgwick. https://hubs.li/Q02N7NjJ0
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At Insurance Post we believe information gives you an edge, particularly in complex markets. That’s why we cover UK insurance and risk management more than anyone else – it helps our customers make better business decisions. Insurance Post is the UK’s leading source of in-depth insight and analysis on all aspects of the UK insurance industry. With so much uncertainty in this market, industry participants need trusted, detailed intelligence and analysis on what it means for their companies and careers, their clients and competitors. That’s where Insurance Post comes in. For 180 years Insurance Post has delivered unmatched coverage of complex issues that are ignored or under- reported elsewhere. We regularly break stories, but are not trying to compete in the provision of real-time news. Instead, we look at topics in detail, assess the implications, speak with the market, regulators and other stakeholders, and write more detailed, analytical pieces. Ultimately our users are able to make better, more informed decisions thanks to the information we provide. And they’ve been relying on our intelligence in various formats since 1840.
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Aktualisierungen
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Following yet another thematic review where the Financial Conduct Authority says firms are unable to show fair value, and are even breaching rules, Scott McGee considers how the regulator could tackle poor conduct and asks if a commission cap could be on the cards? https://hubs.li/Q02N7wgf0
FCA is banging its head against a wall on fair value - Insurance Post
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The latest Financial Ombudsman Service complaints data for Q1 has been released, revealing that pet insurance complaints have hit a five-year high. https://hubs.ly/Q02N1lyt0
Pet insurance complaints hit five-year high - Insurance Post
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AXA UK's general insurance company made a £103m underwriting loss in 2023, accounts filings have revealed. https://hubs.li/Q02N0CJv0
Axa UK records £103m underwriting loss in 2023 - Insurance Post
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Insurance Post has been informed that Rachel Lam is no longer in her position as ombudsman director of insurance at the Financial Ombudsman Service. https://hubs.li/Q02M_TqN0
Changes at the top of FOS as Rachel Lam leaves post - Insurance Post
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Brokerbility MD John Dunn says that while members are on average growing at about 16% per year, he wants growth to hit 20%. https://hubs.li/Q02M_L8y0
Brokerbility targets member GWP growth of 20% - Insurance Post
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The Financial Services Consumer Panel has published a research paper raising concerns that vulnerable customers may be at risk of overpaying for insurance. https://hubs.li/Q02M_vpz0
Consumer group warns of insurers overcharging vulnerable customers - Insurance Post
postonline.co.uk
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Theo Duchen, co-CEO and co-founder of Acturis Group, discusses Astorg’s increased stake in the company, how best to implement artificial intelligence, and why he thinks his business is well placed to take on rivals in the US and Canada. https://hubs.ly/Q02M_sQ30
Q&A: Theo Duchen, Acturis - Insurance Post
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Lloyd's head of culture Mark Lomas has outlined how the Inclusive Futures education and workplace initiatives will operate in practice. https://hubs.li/Q02MSpjc0
Lloyd’s explains how diverse talent initiative will work - Insurance Post
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Ageas Group has published its results for HY 2024, revealing that Ageas UK has seen “strong growth” in the first half of the year. https://hubs.ly/Q02MSJ840
Ageas UK achieves 49% growth - Insurance Post
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