All articles by Katie Scott
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NewsSwiss Re has ‘zero’ appetite for new liability business due to ‘frustrating’ legal system abuse
With commercial liability losses reaching $174bn (£128.7bn) in the US last year, Swiss Re’s chief executive explains that legal system abuse is driving claims payouts that ‘are not connected with the original underwriting assumptions’ – leaving the reinsurer ‘very concerned’
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NewsLloyd’s set to diversify with ‘very good’ syndicate pipeline – AM Best
Following a financial strength rating upgrade in 2024, support for syndicates has grown in the Lloyd’s marketplace, with new geographies and products now coming into scope
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NewsSidecars steering towards casualty and specialty risks – Aon
In the last two years, there has been ‘a true expansion of sidecars into either whole account sidecar structures or casualty-based structures’, driving ‘a great deal of attention’ from investors, says Aon
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NewsAM Best ringfences broker facilities as ‘net credit negative’ risk
Managing director of analytics explained that ‘reduced underwriting control’ is a ‘primary concern’ for reinsurers navigating the soft market cycle
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NewsReinsurers closely consider M&A opportunities as surplus capital deployment tool
Market commentators suggest that M&A opportunities encompassing specialty lines, MGAs, insurtechs and firms with a Lloyd’s footprint could be particularly attractive to reinsurers looking to redeploy capital for inorganic growth
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NewsAlternative capital now ‘embedded’ as ‘permanent form of capacity’ for reinsurance market as investor risk appetite and ILS scope expand
Alternative capital shows signs of perminancy and cat bonds ‘complement’ reinsurance pricing by ‘stepping in to provide more cover for frequency risk as reinsurers have retrenched from that’, according to Moody’s
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IT InterviewEllie Jackson: From ‘ditzy’ apprentice to ‘tenacious’ broker MD in five years – How thoughtful succession planning is unlocking new growth opportunities at Robert Gerrard
The 28-year-old managing director bringing ‘a little bit of Essex in every boardroom’ as she homes in on international opportunities, new scheme potential and a talent first mindset for her incoming era of leadership
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NewsInsurance Times cements new Pet Pledge partnership with Peia
The collaboration will commence in December 2026, with a wider, in-person roundtable series following in 2027
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NewsCyber policy wordings have potential to provide unintended AI cover – IUA
Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director
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NewsAviva explores ‘big growth opportunity’ in ‘specialty personal lines’ as Direct Line acquisition bolsters HY financials – Jason Storah
UKGI boss confirms that insurer wants to ‘ramp up’ specialty personal lines provision, leveraging Direct Line assets to secure greater market share where Aviva is currently sparse
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NewsInsurance Times secures Insurance DataLab as new data partner for Top 50 Brokers report
Market intelligence platform will ‘add a new dimension to the analysis’ by providing greater insight on broker performance, says co-founder
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NewsAviva swerves any ‘big proclamations’ around redundancies as it continues AI investment
UKGI chief executive acknowledges that AI is ‘changing our business’, with staff headcount just one of many considerations the insurer is working through as part of its ongoing AI adoption
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NewsAviva refuses ‘to chase unprofitable’ commercial lines business amid soft market as GWP tumbles 4% in HY results – Jason Storah
‘In a softening market, if you’re chasing top line, it can get you into trouble,’ says UK and Ireland general insurance boss
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IT InterviewCharles Bush: Employee risk is ‘definitely higher up’ corporate agendas as ‘very significant’ losses start to stack up
The insurer’s head of commercial claims says that although employees are the ‘most important assets’ within an organisation, they are also ‘one of the points of greatest weakness’
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NewsMarkel UK adopts ‘fluid’ approach to talent development to avoid ‘pigeonholing’ – Lee Mooney
Managing director confirms that specialist insurer is investing in all areas of talent development – but despite ‘opening the doors at Markel UK’, supply and demand bottleneck still cranks up competitiveness for entry level roles
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News AnalysisDrones set to deliver net risk benefits – but sky-high human error claims costs must be mitigated
Although research demonstrates that drone usage can reduce a business’ net risk profile overall, risk professionals must think strategically about combating pilot errors as ‘the human in that chain is the weak link’ contributing to claims costs
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NewsLMG requests ‘ratcheting mechanism’ to be included in 2026’s Financial Services and Markets Bill
Trade body has proposed changes to clause 17 of draft bill – not because it seeks ‘to lower the bar’ of the regulation, but because it is keen to see the legislation ‘work better’, explains chief executive
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NewsBroadway Insurance Partners’ HY results drive restructure to firepower ‘evolution’ and ‘scale’
With year-on-year revenue growth of 91% and GWP improving by 84%, independent broker prepares for next era of growth with trio of promotions to help lead new internal divisions
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IT InterviewLee Mooney: Markel UK preparing for ‘next chapter’ after internal restructure
Managing director supports international growth strategy by reshuffling divisional deck to strip siloes and boosting specialist product count
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NewsSoft market cycle driven ‘horrible’ hiring hiatus of young talent – Caroline Wagstaff
Chief executive emphasises that letting ‘short-term thinking override the long-term need for young talent’ would be ‘a catastrophe’ stifling the industry’s pipeline of future business leaders
