Insurance Uncut

This week we talk to LCP partner Cat Drummond about the latest developments in capital modelling for general insurers. We discuss: • Findings from LCP’s latest market research and benchmarking, covering both technical developments, process and resourcing issues • Key challenges for insurers, from soft markets to regulatory expectations • How insurers are reflecting changing geopolitical and climat...

S6 Ep. 4 - The insurance M&A market by Lane Clark & Peacock

This week we talk to Wendy Kriz Evans, a principal at LCP, about the key findings from LCP’s annual Solvency II report. We discuss: • Changes in the UK and Irish market solvency coverage ratio. • The changes in geo-political risks firms are facing. • How firms are starting to take action on cyber and climate change risks.

This week we talk to Karl Murphy, non-executive director at Beazley and previously a partner at actuarial consultancy EMB. We discuss: • The evolution of technology in the insurance market and where it might go next. • Key issues currently facing general insurance markets in 2025 • What makes a great consulting actuary?

This week we talk to Chris Sharp, Active Underwriter at Hampden Risk Partners. We discuss: • What are the pros and cons of the different follow models? • How can insurers remain profitable in a soft market? • What role should technology and data play in underwriting?

This week, we speak with Maisie Borrows Ahmad and Dr Rebecca Sloan from LCPs Health Analytics team about the research they are doing on health inequalities. We discuss: • What is the health gap and how does it impact everyday life? • Insights from recent research on the barriers to women’s health and where the biggest challenges are. • What’s needed to close the gap and why progress is still being...

This week, we speak with David Thompson, Chief Investment Officer at Zurich Insurance Company. David has over 35 years of experience in financial markets. We discuss: • The rationale behind recent tariff policies, their effect across economies, and how insurers should adapt. • Why bond market reactions influenced political decisions, and what this reveals about economic policy in practice. • How g...

This week, we speak with Samantha Tanner, Chief Actuary at CFC. Samantha has experience across strategy, performance management, underwriting and actuarial. In her current role she is focused on Cyber Systemic Modelling, pricing analytics and management information. We discuss: • Latest trends in the Cyber market • Ways insurers are looking to prevent Cyber crime happening • Challenges with modell...

This week, we speak with Maxine Goddard, an award-winning senior global operations leader with experience across strategic transformations, customer and broker development and a period at the United Nations. We discuss: • What’s next for DEI? • Tips on how to make change happen in the insurance industry • Reflections on the current state of the insurance market and hope for the future • What does...

This week, we speak with Dawn Walker, Associate Director at AM Best, about Delegated Underwriting Authority Enterprises (DUAEs). We discuss: • What DUAEs are and their significance to the insurance market. • The history of the DUAE market and how it has evolved. • AM Best’s latest research on DUAEs • The new opportunities DUAEs are bring to the insurance market.

This week, we speak with Sandy Trust, Director of Sustainability Risk at Baillie Gifford, about a paper he has co-authored titled ‘Planetary Solvency – finding our balance with nature’. We discuss: • Overview of previous research Sandy has been involved with on climate change risk • Key insights and practical risk management tips from the paper • Examples of the key tipping points and how these ma...

This week, we speak with Fabrice Brossart, Group CRO at Hiscox, about the evolving risk landscape and key priorities for companies in 2025. Our discussion covers: • Has the industry truly learned from the 2008 financial crash when it comes to managing systemic risk? • The biggest risks the industry should be preparing for in 2025. • How risk management strategies need to adapt as markets soften. •...

This week we talk to Fiona Dunsire, the UK Government Actuary and former CEO of Mercer UK. We discuss: • Fiona’s career journey and top tips for getting the best out of a team • What is the role of GAD and the focus of the department over the next year • What are the key national challenges that GAD are helping to address.

This week we talk to Karen Dayal, CUO for Commercial Lines at Aviva UK. We discuss: • The role of a CUO and how to bring different disciplines together to deliver best in class underwriting. • The evolving role of AI within the insurance industry, • Key challenges the industry needs to solve to make progress on DEI.

This week we talk to LCP’s Katie Garner about the change in the Ogden rate. We discuss: • Summary of the new Ogden rate and how the rate was derived. • Impacts on (in particular) motor insurance customers and insurers. • Market reaction to the change

This week we talk to Lara Palmer and Simon Coomber from LCP about climate change and the protection gap within the insurance market, in particular looking at what actions we can take. We discuss: • Pledges institutional investors are making to encourage the UK Government to take action on climate change. • The rising concern about the protection gap and poverty premium within insurance and how cli...

This week we talk to Rosemary Beaver, a Non Executive Director who has also held senior regulatory, risk, compliance and governance roles. We discuss: • Changes in the insurance industry and what to make sure we don’t lose. • Top tips for being a great mentor and ally • Rosemary’s role and experience working at the Financial Reporting Council • The importance of actuaries in organisations and how...

Welcome to Insurance Uncut – the podcast about all things insurance. Join show hosts Charl Cronje, Jessica Snowball and guests to explore the key topics shaping the general insurance market. During this conversation, they break down key issues to help you keep up to date and understand the world of insurance better. Whether you’re an industry leader or a professional navigating the evolving insura...

Day 3 of our special mini-series recorded live at the GIRO Conference in Birmingham. Today we caught up with: • Adam Smylie and Jade Lagrue from LCP who along with Neil Gedalla won the Brian Hey Prize for their paper on ‘Parameterising Capital Modelling Volatility: Allowing for Changes in Volume’. • Caroline Maguire about her presentation on Decisive mindset: enhancing intuition and emotional inte...

Day 2 of our special mini-series recorded live at the GIRO Conference in Birmingham. Today we caught up with: • Josie Durley from Nephila Syndicate Management Limited and Sarah Grimshaw from RiverStone International about their presentation on Reserving for climate change – the emerging risk frontier • Robert Scarth from AXIS Capital about his presentation on Risk aggregation: comparing the covari...

Day 1 of our special mini-series recorded live at the GIRO Conference in Birmingham. Today we caught up with: • Chehak Jain and Paul Goodenough from AXA XL about their presentation on cyber: the evolving threat landscape and the reserving challenges. • Kartina Tahir Thomson, President of the IFoA, about her aims for the year and what she is looking forward to at GIRO. • Jake Iveson, who is an Actu...

This week we talk to Sam White, founder and global CEO at Stella Insurance and Founder and Chair of Freedom Services Group. We discuss: • Sam’s journey as an entrepreneur and lessons learnt along the way • Designing insurance products for women • Being a regular on the BBC, Radio 4 and more

This week we talk to Annabel Carpenter and Richard York-Weaving from LCP about their recent projections of UK home and motor insurance market performance. We discuss: • Projected market-level combined ratios over the next two years • What is causing the lower frequency, higher severity claims environment? • How inflation may change going forward • Personal injury discount rates in Scotland and Nor...

This week we talk to Robert Chaplin, a Partner and Head of the Financial Institutions Group in Europe at Skadden. Rob works in the insurance and asset management sectors and hosts his own podcast ‘The Standard Formula: A Guide to Solvency II’. We discuss: • Has Solvency II met its original objective? • Is there appetite in the market for legislators to change the regulation? • Are we going to see...

This week we talk to Yvonne Palm, CRO at Africa Re. Yvonne is an actuary that has worked on three continents and is a Casualty Actuarial Society Board member. We discuss: • Developing the actuarial profession and related skills on the African continent • Transiting from an actuarial to a risk role • How the risks and approach to climate change are different for Africa.