Climate change
Blog: Three event insurance trends not to be ignored in 2024
From civil commotion to climate change and changes in the duty of protection, event organisers and their brokers have a lot to consider when placing insurance next year. Rob Carslake, head of event insurance, Hiscox UK, offers some guidance to those…
Aviva delivers digital tool to help brokers with Net Zero sustainability journey
Aviva has launched Sustainable Business Coach, a free-to-use digital tool designed to help brokers discover the impact their business has on the environment and wider society.
Allianz reveals first Net Zero transition plan with 2030 intermediate targets
Allianz has published its first comprehensive Net Zero transition plan backing up its commitment to achieving net-zero emissions by 2050 in its proprietary investment and property & casualty underwriting portfolios.
Canadian brokers praise ‘fantastic leader’ Storah ahead of move to become Aviva UK CEO
UK and Irish insurance brokers can expect their new local Aviva CEO to be an ‘enabler’ who ’understands the importance of strong broker relationships,’ according to their counterparts in Canada.
Flood Re names Bridget Rosewell as chair to succeed Mark Hoban
Flood Re has appointed Bridget Rosewell as non-executive director and chair-designate to succeed outgoing Mark Hoban, taking up the chair post at the end of September.
Video Q&A: Chubb climate tech practice leader Tim Charters
A recent convert to the sector, Tim Charters, climate tech industry practice leader, UK and Ireland at Chubb, caught up with Insurance Age content director Jonathan Swift to discuss his new role.
Flood Re policy numbers grow to more than 265,000
Mutual reinsurer Flood Re covered 265,826 policies in the year to 31 March 2023 – a 3.6% rise on the previous 12 months.
Experts call on brokers to take action as climate change drives shift in flood risk
Flood insurance specialists have urged brokers to stay on top of how they can help clients as the number of natural catastrophe weather events in the UK continues to increase due to climate change. Ida Axling investigates.
Howden appoints Rowan Douglas as CEO of climate risk and resilience
Howden has appointed former WTW climate leader Rowan Douglas as CEO, climate risk and resilience.
Zurich partners with brokers on digital risk management system
Zurich UK has launched a digital risk management system to give firms real-time visibility of the risks they face, Insurance Age can reveal.
Chubb Climate+ rolls out renewable energy projects product
Chubb Climate+ has launched a packaged insurance solution in the UK that is designed to support the growth of alternative and renewable energy projects; mainly onshore wind and ground-mounted photovoltaic solar.
Brokers show lack of urgency towards net zero
According to research from Ecclesiastical, only two in five national brokers have set a net zero target.
Opinion: Now is the time to demonstrate the value of insurance
With the recent raft of insurance results, the personal lines sector is very much under the spotlight. Mike Crane, LV Broker managing director and L&G General Insurance CEO, offers some thoughts on how to navigate 2023 and beyond.
Zurich UK launches climate change resilience services
Following the launch of Zurich’s Global Climate Change Resilience Services, Zurich UK is making the full range of services available to its domestic customers and it will also be available through brokers.
Customers, society and planet are at the heart of a three-year ABI strategy
The Association of British Insurers has rolled out a three-year strategy with a core focus of driving change to support customers, society and the planet.
Only 14% of smaller SMEs have business continuity plans: Aviva
Aviva has urged brokers to keep having the conversations needed with clients on business continuity plans as the insurer revealed only 28% of firms have one in place.
Cost-of-living crisis to place additional regulatory focus on market
DAC Beachcroft has published its predictions for 2023, which touches on the impending implementation of the Consumer Duty and what the Financial Conduct Authority will expect of the insurance industry during the cost-of-living crisis.
Why Direct Line's disastrous profit warning should matter to brokers
Direct Line's profit warning sent shockwaves through UK insurer's share price yesterday, with Aviva and Admiral also suffering. Personal lines brokers should notice the problems Direct Line faces, as they are industry-wide and give insight into what to…
RSA set to launch low-carbon underwriting policy
RSA has revealed a new low-carbon underwriting policy and has committed to achieving an underwriting portfolio production that is over 75% low carbon by 2030.
Covea, Hiscox and RSA commit to Build Back Better
Covea, Hiscox and RSA have all committed to help the UK adapt to the changing climate by joining Flood Re’s Build Back Better scheme.
In Depth extra: Not a fleeting thought - how the insurance market is catching up on EV
Although the fleet market is still lagging behind the private car space when it comes to the adoption of electric vehicles, Lauren Ingram discovers change is inevitable.
Aviva grows GWP but COR worsens
Aviva has reported a slip in its UK combined operating ratio from 94.2% to 95%.
In Depth: On the road again - haulage under the spotlight
Too few drivers, Brexit redtape and more theft have put the haulage sector under immense strain, but specialists say there are some positive signs showing the sector can keep on trucking, facilitated by expert brokers and insurers as Rachel Gordon…
Aviva calls on UK government to act on being climate-ready
Aviva has released a new report which lays out how the UK government and financial institutions can become more climate-ready and that SMEs need support to take climate action.