In the latest episode of the Insurance Post Podcast, titled What is driving M&A activity in insurance, Blanc said there were demographic challenges regarding men leaving businesses in their late 50s and early 60s who are struggling to figure out how to exit the market. He added that there were also businesses, which were struggling to grow, that were seeking buyers: “There is quite a flush of brokers that have just stopped growing and are struggling to work out how to grow without investment.” Economic environment During the podcast, Alistair Hardie, group CEO of Jens ..read more

​ Andy Bord, chief executive of Flood Re, said while insurers are good at assessing risks to a property, the industry needs to do more at examining mitigation, the financial benefit of steps taken to reduce water damage, and whether home insurance premiums should be reduced as a result. Speaking during the latest podcast, Bord said: “Particularly when we talk about flood, and some of the property level resilience key to protecting homes in the future, it is about understanding the relative benefits of those interventions that people are making – not just to provide a pound for pound cost savi ..read more

​ During the podcast, Emma Ann Hughes, editor of Insurance Post, and Jonathan Swift, content director of Infopro Digital's insurance division, share the key characteristics of today’s Power List players, before giving Radio 1 DJs a run for their money by delivering the top 10 countdown. Does this year’s Power List show that women are rapidly rising through the ranks of the industry? What is the most common surname in the countdown? How do you succeed and achieve in this era compared with those who featured in the Power Lists at the start of this century? Is longevity still key to ..read more

During the podcast, titled What regulators have in store for insurers and brokers, Sicsic said given the spat between the government and Prudential Regulation Authority on the risk of ditching the EU’s Solvency II capital requirements, he wouldn’t expect a massive overhaul of the rules. Hosted on Acast. See acast.com/privacy for more information ..read more

Speaking to Izabela Chmielewska, commercial editor of Insurance Post, the automotive director at Lexis Nexis Risk Solutions UK and Ireland notes that given claims inflation, sophisticated and detailed data could offer insurers a competitive advantage. Hosted on Acast. See acast.com/privacy for more information ..read more

​ During the Insurance Post podcast, Nicola Dryden, chief client officer for global loss adjusters Sedgwick, Seb Chakraborty, chief technology officer at Domestic & General, Tim Hardcastle, chief executive of Instanda, and André Symes, chief executive of Genasys, explain how technology can be used to improve insurance policyholder’s experience of engaging with the industry. Dryden said personalisation is important when it comes to the digital journey but also the industry should give consumers choice if they want to engage with a human being when they have water pouring in ..read more

​During the latest Insurance Post Podcast, Ben Howarth, chief sustainability officer of the Association of British Insurers, said: “You can’t make the right decisions for a really diverse society without having a diverse make up of views. "If you have a small, narrow group of people, they might think they have got the answer right, and they are having interesting conversations in their board discussions and executive teams, but if they are not diverse they are going to miss stuff that is obvious [to others]. “It [diversity and inclusion] is not just about the make up of your busine ..read more

​ In the latest episode of the Insurance Post Podcast, titled Lessons the insurance industry learnt from Covid-19, Mervyn Skeet, interim director of general insurance policy at the Association of British Insurers, said the industry was focused on the clarity of policies moving forward from the Covid-19 pandemic. Skeet said: “That is what the industry is about. Learning from things that happen and moving forward.” Lee Watts, director of technical claims at Allianz Commercial, said the number of claims received by the industry when the Covid-19 pandemic struck, and the numb ..read more

In the latest episode of the Insurance Post Podcast, titled Are insurers ready for the FCA’s Consumer Duty?, David Sparkes, head of compliance of the British Insurance Brokers’ Association, Sarah Ouarbya, partner at Mazars, and Mathew Rutter, DAC Beachcroft’s insurance advisory partner, explore whether the industry is prepared for the new rules coming into force. The Consumer Duty requires insurers to issue communications policyholders can understand, products and services that meet their needs and offer fair value, and provide customers with the support they need, when they need it. Firms h ..read more

Ellie Arch (Allianz Global Corporate Specialty), Alasdair Bain (Aviva Insurance) and Rebecca Wonnacott (Admiral Group) discuss a range of topics, including supply chain shortages from parts to labour, courtesy car costs, the rise in automated technology and electric vehicles. They are also joined in the studio by Sandip Sidhu, legal director, Kennedys and go onto the streets of London to canvas opinion on issues such as the cost of living crisis and what impact it has had on the use of their cars. Hosted on Acast. See acast.com/privacy for more information ..read more