People Moves – Page 88
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Analysis
The Rooney Rule: Could it improve the recruitment and retention of ethnic minorities in insurance?
After one Lloyd’s syndicate might be adopting such a strategy, Insurance Times examines whether the Rooney Rule might solve the ongoing recruitment and retention issues of black, Asian and minority ethnics in the insurance industry
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People & Opinion
Covid-19 is just an excuse for poor service from the insurance industry says broker MD
Ann Manning, managing director at Henley-on-Thames-based broker ManningUK, says she is ‘ashamed of our industry’. Here, she describes her recent experiences with insurers during the coronavirus pandemic… By Ann Manning, managing director at ManningUK
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News Analysis
Brightside’s Derek Henry on the future of personal lines
The Covid-19 pandemic has created some big challenges for the insurance market, not least for those involved in the business interruption and event cancellation markets. Brightside’s managing director of broking spoke to Insurance Times about coronavirus, the polarisation of the personal lines market and the rise of short-term insurance.
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News
White Oak names Lisa Perry as chief underwriting officer
Perry will also lead the White Oak transportation team and manage her own portfolio of client business
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News
Zurich UK names new CEO as Tulsi Naidu moves to APAC
Tulsi Naidu is taking over as APAC chief executive after 4 years as UK boss
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IT Interview
Aon’s Dominic Christian on bringing diversity to the insurance industry
With diversity and inclusion being hot on the agenda following the death of George Floyd in the US and the subsequent Black Lives Matters protests, Dominic Christian at Aon UK explains why ethnic minorities are so important to the insurance industry
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IT Interview
Covid car buying habits lead to demand for new insurance products says Copart UK boss
The coronavirus outbreak continues to alter the motor insurance market as policyholders’ driving behaviours, car purchase patterns and claims reflect changed road usage. Insurance Times gets the details from Copart UK’s managing director
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News
Gallagher and Pen Underwriting swap chief operating officers
The month-long handover process will commence from 1 September
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Online only
‘I was so worn down’ - a first-hand account of racism and sexism in the broking industry
Several sexism and racism scandals have blighted the insurance industry over the years. The Black Lives Matter protests have invigorated the ongoing debate over diversity in the sector, but how much has really changed and how far is left to go, before we can say real progress has been made? ...
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News
Mark Cliff appointed chairman of MGA Avid
The former Brightside chief executive takes up his new role immediately
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IT Interview
Ambiguity in BI policy wordings is ‘natural’ following ‘black swan’ Covid outbreak
Accenture’s managing director for general insurance believes now is the time ‘to do a more holistic and proactive review’ of insurance contracts to remove ambiguities surrounding potential ‘black swan’ events
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News
ERS appoints new chairman to succeed Amanda Blanc
As Amanda Blanc was appointed as chief executive of Aviva, ERS has now appointed a new chairman to succeed her
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News Analysis
Sabre reveals new chairman
The new chairman will replace Patrick Snowball who is stepping down from his role at the beginning of September
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News
Lancashire broker joins Ethos Broking
The new addition plans to use Ethos Broking’s resources to aid its growth plans
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IT Interview
Insurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the insurer ...
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Online only
GRP appoints broking veteran to lead its southern hubs
The new regional managing director for the south ‘lives and breathes’ broking, GRP said
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News
Bollington buys Bolton-based broker
The move is designed to strengthen Bollington’s corporate offering, as well as its overall market presence
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IT Interview
Zurich takes ‘track record of claims payment seriously’ as H1 earnings suffer Covid-19 hit
The insurer’s UK chief executive confirmed that its general insurance arm saw a £140m impact on earnings as a result of the coronavirus pandemic
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IT Interview
FCA’s test case has overshadowed insurers’ efforts during Covid-19 pandemic says ABI
The trade association’s director general accepts ‘that reputationally this has been a very difficult few months for the industry’ in light of the FCA’s test case against insurers around the clarity of business interruption policy wordings
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IT Interview
ABI’s Huw Evans says ‘unpopular’ stance around BI Covid claims was the right call
He adds that the trade body was ‘right to be very open with people’ in order to mitigate ‘a false expectation that they may be covered’