All articles by Jon Guy – Page 3
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News Analysis
Briefing: Does the government have its own discount rate expectations?
Although the insurance industry is positive about the amended personal injury discount rate scheduled to come into force, sector whisperings wonder whether the change forms part of Labour’s agenda to lower motor cover costs
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IT Interview
Jo Sykes: Markel UK set ‘to invest in future growth’ for 2025
In particular, schemes with brokers will be a ‘focus’ for the ‘end-to-end’ insurer next year, says divisional director
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News
Discount rate decision set to deliver premium decrease for motorists
’The increase of the personal injury discount rate should bring some consistency to aspects of how motor insurance premiums and payouts are calculated across the UK,’ says head of general insurance
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News
London market has ‘superpower’ to meet client needs as risks grow – Neal
’We have a riskier world with the impact of Covid, war on land and the climate,’ says chief executive
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News Analysis
Briefing: Technology innovation once again raises London’s transformation hopes
Data driven underwriting is set to become ‘fundamental part of Lloyd’s future’, says membership organisation
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News
Howden urges insurers to tackle cyber cover penetration gap as 52% report attack in last five years
SMEs must be a particular focus, says head of UK cyber retail, because ‘this segment has been historically underserved by the cyber insurance market’
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News
Experts slam changes made to whiplash tariff
’The outcome of this review has made an unjust situation even worse,’ says president
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News Analysis
GTA chief says greater regional stability needed prior to launching EV credit hire scales
Pressure for the General Terms of Agreement to include electric vehicles is increasing, but those behind the scheme say that this inclusion can only come when key issues are resolved
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News Analysis
Insurers going that little extranet to tackle rising underinsurance
With insurers agreeing on the persistent risk of underinsurance, they discuss the suprising benefits of eTrading in addressing the issue
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News
P&I club announces 5% general increase in 2025/26 premiums
’Changes in established navigational routes, two major international conflicts and other geopolitical challenges have created an abnormal claims environment,’ says chair
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News
Insurance provider launches new underwriting arm with veteran as chief executive
’Aligning the underwriting activities of Envelop under a single unit creates huge potential for the business,’ says appointee
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News Analysis
Briefing: Employers and staff either side of a widening divide over flexible working
There are concerns that the months to come may see a rise in employees seeking legal redress if they feel their employers are being anything but flexible when it comes to how they allow staff to structure their working weeks
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News
Carriers need to address operational expenses despite strong 2023 – Brand
’If we do not drive down costs and adopt technology, we will simply fall further behind,’ says chief executive
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News
Esure chief executive reveals challenges of provider’s three-year transformation
’It is by far the biggest challenge I have undertaken in the industry, but it is also the most rewarding,’ says top boss
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News
‘Polycrisis’ presents UK insurers with an opportunity to be ‘impactful’ – Axa UK and Ireland
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’
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News Analysis
Briefing: Risk managers question insurance relevancy
Conference reveals yawning expectation and service gap between risk managers and insurers, with feedback that risk professionals are struggling to get insurer commitment to cover emerging risks
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News Analysis
SME underinsurance is far from a small problem
SMEs and sole traders are a ‘significantly untapped market’, according to chief growth officer – however, the insurance sector must be more proactive when it comes to accident and health covers
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News
ESG concerns require holistic response – Beazley
In particular, the D&O market needs to be aware of changing and growing ESG regulation, says regional manager
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News
Marsh seals facility partnership to tackle rising carbon credit fraud
The facility ‘will not only help de-risk investments from a financial and reputational perspective, but also support the integrity and expansion of the wider carbon credit ecosystem’, says UK digital asset leader
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News
Physical resilience cannot be ignored as cyber remains primary security focus – Kroll
The dual threats of activism and war are creating a greater need for enhanced business resilience, says managing director, rather than companies continuing to narrowly concentrate on just cyber security