Insurance Covered

Welcome to Insurance Covered, the podcast that covers everything insurance.In this episode, Peter Mansfield is joined by Heidi McCormack, CEO at Emerald Life, to discuss the importance of diversity and inclusion in the insurance industry, focusing on the unique challenges faced by underrepresented groups, particularly the LGBTQ+ community. Heidi shares her journey from working in Russia to co-founding Emerald Life, an insurance company dedicated to addressing the needs of diverse populations. They explore the barriers to insurance uptake, the discriminatory practices within the industry, and the innovative steps Emerald Life is taking to create inclusive products and services. The discussion also touches on the importance of feedback and continuous improvement in serving their customer base. In this conversation, Peter Mansfield and Heidi McCormack discuss the evolving landscape of community and inclusion within the insurance industry, emphasizing the importance of diversity, addressing unconscious bias, and the future of insurance products. They explore how businesses can champion equity and the necessity of compassion in customer interactions.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.keywords insurance, diversity, inclusion, LGBTQ+, underinsurance Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance.In this episode, Peter Mansfield speaks with Michael Keating, CEO of the Managing General Agents Association (MGAA), about the role and evolution of Managing General Agents (MGAs) in the UK insurance market. They discuss Michael's journey in the insurance industry, the definition and purpose of MGAs, the benefits they provide to insurers, and the current landscape of MGAs in the UK. The conversation also covers the regulatory environment, the importance of underwriting talent, the impact of technology, and the future outlook for MGAs. Michael emphasizes the buoyancy of the sector and the opportunities it presents for those looking to work in insurance.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.Keywords: MGAs, insurance, underwriting, regulation, claims, technology, parametric products, insurance market, MGAA, insurance careers Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Wajahat Khawaja and the topic of discussion is Takaful, an Islamic form of insurance.This conversation explores the concept of Takaful, an Islamic form of insurance based on principles of solidarity and mutual cooperation. Wajahat Khawaja, an expert in the field, discusses the historical context, market growth, and the importance of Sharia compliance in Takaful. The discussion also delves into the ethical implications of Takaful, its appeal to non-Muslims, and the future potential for growth in various regions, including the UK. The conversation concludes with personal reflections on faith and the significance of Ramadan.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.keywords Takaful, Islamic insurance, Sharia compliance, mutual cooperation, insurance market growth, ethical investment, faith and insurance, re-Takaful, contributions, global Takaful Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is once again joined by podcast regular Paul Miller and the topic of discussion is the role of insurance during WWII. In this episode, Peter Mansfield and Paul Miller explore the intricate connections between World War II and Lloyd's of London, marking the 80th anniversary of VE Day. They delve into personal stories, the operations of Lloyd's during the war, and the impact of significant events such as Dunkirk and the Battle of Britain. The conversation highlights unique insurance stories, the contributions of Lloyd's staff on the home front, and the tragic tale of the City of Benares. The episode concludes with a reflection on the commemoration of those from Lloyd's who served in the war.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.Keywords: World War II, Lloyd's of London, Dunkirk, Battle of Britain, insurance history, VE Day, military history, insurance stories, home front, maritime losses Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is once again joined by Crum & Forster CEO, Marc Adee and they discuss the fall and rise of an American insurer and Marc's book; 'The Once and Future C&F'.In this conversation, Peter Mansfield and Mark Adee discuss the history of Crum and Forster, an American insurer, focusing on its rise, fall, and eventual resurgence. They explore the origins of the company, its innovative business model, the challenges it faced during the 1960s and 70s, and the lessons learned from its eventual sale in 1982. The discussion highlights the complexities of the insurance industry and the importance of understanding market cycles and financial discipline. In this conversation, Marc Adee discusses his experiences and insights from his time in the insurance industry, particularly focusing on his tenure at Crum & Forster and the challenges faced by Xerox in the insurance sector. He emphasises the importance of corporate culture, the need for stewardship in business, and the lessons learned from navigating market challenges. Adee also reflects on the evolution of Crum & Forster and the significance of understanding the insurance business deeply.You can download a free copy of the book here.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.keywords Crum and Forster, insurance history, American insurer, Marc Adee, Peter Mansfield, Fairfax Group, insurance industry, corporate structure, market cycles, financial discipline, Xerox, insurance, Crum & Forster, corporate culture, leadership, business strategy, financial services, market challenges, stewardship, insurance industry Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance.In this episode, Peter Mansfield interviews Natalie Graham, the global head of claims at Mosaic Insurance, to discuss the intricacies of Directors and Officers (D&O) Insurance. They explore the definition, scope, and liabilities associated with D&O insurance, including the types of claims that can arise against directors and officers. Natalie shares insights on unusual claims, securities claims, and the global perspective on D&O insurance. The conversation also delves into who purchases D&O insurance, conflicts of interest, coverage and exclusions, and the scale of losses in the D&O insurance market. Finally, they discuss current issues and future claims in the D&O space, as well as advice for aspiring claims professionals.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.keywords Directors and Officers Insurance, D&O Insurance, Liability, Claims, Securities Claims, Insurance Policies, Corporate Governance, Risk Management, Insurance Market Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined finance and accounting expert Stephen Brookson, In this episode we delve into the intricacies of insurance finance, exploring how insurers assess profitability through premiums, claims, and financial metrics. They discuss the unique challenges of estimating costs in the insurance industry, the significance of claims as a major expense, and the complexities of accounting for reserves and loss ratios. The conversation highlights the importance of understanding revenue recognition and the operational costs associated with acquiring business in the insurance sector. This conversation delves into the intricacies of insurance finance, focusing on key metrics such as loss ratios, combined ratios, and the impact of reinsurance. The discussion also covers the recent changes brought about by IFRS 17, investment strategies employed by insurers, and the evolution of accounting practices in the insurance industry. The speakers emphasize the importance of understanding these concepts for better financial decision-making in insurance.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Ben Rose, Co Founder of Supercede. In this episode they delve into the world of reinsurance, exploring its fundamental concepts, terminology, and the necessity for insurers to engage in reinsurance. They discuss the differences between facultative and treaty reinsurance, as well as proportional and non-proportional reinsurance structures.The conversation highlights the complexities of reinsurance deals and the importance of understanding these concepts for effective risk management in the insurance industry. This conversation delves into the complexities of reinsurance, exploring how risk is managed through various layers and types of coverage.They also discuss the impact of significant events like wildfires on claims, the challenges insurers face in determining their reinsurance needs, and the current state of the reinsurance market amidst changing conditions. The importance of data quality and proactive communication between insurers and reinsurers is emphasized, along with the strategic nature of reinsurance as a field.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Dr Eliza Filby, and in this episode the discuss the multi generational workplace and the challenges that come with it.In this episode we cover:Generational dynamics are crucial for understanding workplace interactions.Communication styles differ significantly across generations.Intergenerational conflict often stems from differing experiences.Each generation has unique characteristics that influence their work style and expectations.Baby Boomers redefining retirement and old age.The extent to which Gen X are overlooked, and the role they play in the workforce.AI's impact on the workplace.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Chris Moore, head of Apollo ibott 1971, and in this episode they discuss the underwriting of new AI risks. In this episode we cover:The work Chris and Apollo ibott 1971 do.New technology leads to new risks which leads to new insurance.Insurance must adapt to new risks generated by AI.The insurance industry needs to embrace innovation and change.The role insurtechs play in this evolution of insurance.What the future of insurance will look like.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Kelly Thomson, Partner is RPC's employment team and they discuss the top three employment issues for insurers in 2025In this episode we cover:The right to disconnect.Nuances between different countries implementation of the right to disconnect.The evolving DEI landscape.The workplace as a safe haven for vulnerable employees.The gender balance and equality landscape.Changes the new Employee Rights Bill will have in the UK.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by John Lane, and they discuss the Piper Alpha disaster of 1988.In this episode we cover:What Piper Alpha was.What happened in 1988.The impact the disaster had on society.The role insurance played in the aftermath.The impact the Piper Alpha disaster had on safety regulation on this type of platform.How this disaster shaped the future of insurance.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In the first episode of season 6, Peter is joined by Crispin Halsall, and in this episode they discuss all things forever chemicals and PFAS.In this episode we cover:What is meant by the term Forever Chemicals and PFAS.Why PFAS are called forever chemicalsThe extent of PFAS contamination. (Every human has trace amounts of PFAS in their body).What regulators can do to tackle this problem.Expected PFAs claims volumes are set to increase.What the future of PFAs looks likeWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this special Christmas episode Peter is joined by an ensemble cast of insurance experts to discuss the insurance of the core elements of Christmas, from the tree and the presents under it, to the turkey and wine enjoyed at the dinner table.The guests include: Gordon Steward - the insurance of Christmas trees. Angus Withington KC - the insurance of presents.Toby Behrmann - the insurance of wine.Camilla Curry - the insurance of turkeys. Alex Nott - the insurance of vegetables.Jonathan Kelly - the insurance of cheese. Alexandra Richards - the insurance of Whiskey. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Tom Wilde, CEO of Indico Data and in this episode they discuss the importance of having high quality data. In this episode we cover:The importance of good data for making informed decisions in insurance.The role of AI in revolutionising data processing and making data more useable and accessible.The need for insurers to leverage better data for competitive advantage.The importance of having a data strategy in place.How good data can positively impact insurance (underwriting decisions, reserving).We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Caroline Bell, Head of Wordings at QBE. In this episode they discuss all things policy wordings. In this episode we cover:The drafting of insurance policies.The importance of avoiding ambiguity.The structure of traditional insurance policies.The differences with parametric insurance policies. Potential skill shortages in the wordings market.The extent to which AI can help with policy drafting. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Joe Dutton, Energy Innovation Lead, at AXIS and in this episode they discuss a recent report Joe co-wrote, Navigating Risk in the Energy Transition.In this episode we cover:The key findings of the report.Climate change as a driver of change and a source of risk.Whether the deployment of renewables is accelerating despite challenges.How insurance can play a strategic role in energy transition.You can read the full report hereWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Trevor Maynard, Senior Insurance Advisor at Insurtech Sotera and Vice Chair and Executive Director at Cambridge Centre for Risk Studies. In this episode they discuss systemic risks.In this episode we cover:What systemic risk actually is.Recent examples of systemic risks in todays society.How the definition of systemic risk has changed over the years.The 4 reports written by the Cambridge Centre for Risk Studies and Lloyds of London on: volcanoes, economic stagnation, climate and cyber. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined byIn this episode we cover:The work Value.Space is involved in.The monitoring and risk assessment of assets from space.How insurers can use Value.Space.The future for satellite-based assistance for insurersWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Rachel Delhaise, Head of Sustainability at Convex Insurance. In this episode they discuss her role as Head of Sustainability and what that means for insurance. In this episode we cover:What is meant by sustainability in the context of an insurance company.What Rachel's role entails.The different ways sustainability can be measured.How sustainability goals have changed over the years.What is meant by the protection gap and how that impacts sustainability.The Convex Seascape survey.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Martin Boreham, Head of Liability at Africa Specialty Risks, and in this episode they discuss the development of insurance in Africa. In this episode we cover:.How much of Africa Martin covers in his role.What kind of insurance policy they typically issue.What the protection gap is.How we can prevent underinsured nations in AfricaHow common parametric insurance is in Africa and how it could be used more.The future of insurance in AfricaWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Selim Cavanagh, Director at Mind Foundry, an organisation that advises insurers on how to make the most out of AI, which is the topic they discuss. In this episode we cover:Who Mind Foundry are and what they aim to do. The types of AI that insurers can benefit from using.The practical uses of AI for insurers (pricing, fraud and governance).Examples of how AI is currently being used to the benefit of insurers and insureds alike. The potential challenges faced when implementing AI and using the data effectively.How Selim sees the future of AI in insurance and what that might look like in the coming years. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Meredith Brasher, and in this episode they discuss Cuthbert Heath, an influential name in the history of insurance.In this episode we cover:Who Cuthbert Heath was.Why he is considered as one of the highly influential for the development of insurance.The insurance lines he created.Some stories of his work within insurance.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Larry Nisenson, Chief Growth Officer at Assured Allies. In this episode they discuss how insurance can help with an ageing populationIn this episode we cover:What an ageing population is and why it's a problem.The retirement crisis in the US and beyond.How insurance can help people with ageing.If insurance can slow down the ageing processWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Jonathan Wood, President of the Chartered Institute of Arbitrators and fellow RPC lawyer. In this episode they discuss arbitration with a particular focus on insurance disputes. In this episode we cover:What arbitration is and why it is usedArbitration vs litigationWhat types of dispute lend themselves to arbitrationThe benefits of choosing arbitration for a) The insurer and b) the insuredDevelopments in arbitration in the coming yearsWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Lord Peter Hain, former Secretary of State for Northern Ireland and member of Tony Blair and Gordon Brown's Government. In this episode they discuss Peter's involvement in the Good Friday agreement where a peaceful end to hostilities in Northern Ireland was successfully negotiated.In this episode we cover:A brief overview of the history behind the tension and conflict in Northern Ireland.Peter's involvement in the Good Friday Agreement which ended the trouble.Peter's role as Secretary of State for Northern Ireland.How peace was achieved.The lessons we can learn from this, and for future political negotiations.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Samantha Ridgewell, Founder of Empower Development, and in this episode they discuss the 5 things every insurance professional should do at the start of their career. In this episode we cover:How Sam got started in the insurance world the 5 things insurance professionals should aim to do at the start of their career:Get comfortable being uncomfortable Build a foundation of knowledge Create a strategic networkGet curious Focus on building you How this differs from what Chat GPT suggestsSam's top tips on thriving in insurance We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by James Kench, Head of insurance at Kita, an MGA that specialises in carbon insurance, which is what they discuss.In this episode we cover:What carbon credits are and the carbon credit marketThe distinction between net zero and carbon neutralWhat is meant by carbon offsettingExamples of where carbon credits are usedKita's role in the insurance of carbon credits We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this 2 part series, Peter is joined by Marc Adee, CEO and Chairman of Crum & Forster to discuss social inflation the causes, challenges and consequences of it and the steps that can be taken to mitigate the challenges.In part 2 we cover:The potential solutions to social inflationHow AI can have a positive impact on overcoming social inflationHow social inflation is likely to develop in the futureWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In the first of a 2 part series, Peter is joined by Marc Adee, CEO and Chairman of Crum & Forster to discuss social inflation the causes, challenges and consequences of it and the steps that can be taken to mitigate the challenges.In part 1 we cover:What is meant by the term social inflationWhy it is primarily as US issueThe consequences of social inflation for insurersWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode we are doing something a little different, Peter is joined by an ensemble cast of experts to answer the question, in the Star Wars universe, could the Death Star be insured, and if so, what policies would cover it.Peter is joined by:Bruce Carman, CUO at Hive Underwriters Calum Lamont KC, Barrister at Keating ChambersNeil Fleming, Space Risk Analyst at Ascot GroupPaul Miller, Compliance Recruiter at HFG In this episode we cover:What exactly is a Death StarIf an aviation war insurer would consider insuring the Death Star and what the concerns of underwriting the Death Star would be Whether there would be a claim resulting from the inherent design flaws that resulted in it's destructionIf any kind of space insurance would cover the Death Star in a similar way in which it would insure satellitesThe answer to the question: Is the Death Star insurable.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Rowan Douglas, CEO of Climate Risk and Resilience at Howden. In this episode they discuss the role insurance has to play in building resilience in the face of climate change. In this episode we cover:Insurance as a force for goodRowan's talk at COP28How insurance can help in humanity's goal to transition to net zeroHow in the short term insurance can help us bounce back from the impact of the climate crisisWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Dr. Franziska Arnold Dwyer. In this episode they discuss her new book, Insurance, Climate Change and the Law, which among other things looks at insurance as the great enabler for change.In this episode we cover:Why Franziska made the leap from private practice to academia Why she decided to focus on insurance and climate change in her bookWhy Franziska believes insurers should actively adopt a role that forces positive changeThree concepts 'insuring green', 'not insuring brown' and 'greening insurance' . The challenges insurers will likely face as they become the enablers. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Avril le Pitre, Founder and CEO of Adverse Selection, a brand new MGA that offers protection for politicians.In this episode we cover:How Avril identified this need for politicians insuranceWhat the policies cover and how many politicians are purchasing this insuranceJurisdictions that they currently cover and possible expansionsNew products Avril is looking to launch in the futureWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Sarah Howell, Claims Manager at Liberty Specialty Markets, and the topic for discussion is the 5 secrets to handling large claims.In this episode we cover:Sarah's career in insuranceWhat makes a 'large claim'Sarah's 5 secrets on how to effectively manage large claimsWhich of the 5 secrets is the most importantWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by two guests, Charles Boorman, CEO and James Sterling, Head of Claims, at Kayzen Specialty a new MGA, and in this episode we discuss the story of how Kayzen was formed.In this episode we discuss:A recap on what an MGA actually is and what role they play.How MGA's differ from insurers.Who Kayzen are and what lines of business they write.Why Charles decided to start an MGA.Why Kayzen decided to both underwrite and manage the claims.The plans for Kayzen's future. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Hannah Gurga, Director General of the ABI, and they will be discussing Hannah's role at the ABI. In this episode we cover:An overview of the ABIWhat the role of Director General entails and if it differs to that of a CEOHow the governance of the ABI is organisedThe ABI's current 3 year strategy, the aims of it and what progress has been madeThe issues Hannah has on her radar for the insurance industryWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Charlie Hanbury, CEO of Samphire MGA, and in this episode they will be discussing all things K&R, that's kidnap and ransom insurance. In this episode we cover:What kidnap and ransom insurance coversHow common kidnap is around the worldWho buys this kind of cover and why?How kidnap and ransom insurance has developed in the last century and how it may develop in the futureWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Robert Hartwig, Associate Professor of Finance at the University of South Carolina. I this episode they discuss the concept of moral hazard in insurance. In this episode we cover:What is meant by the term moral hazard.The two forms of moral hazard.How insurers protect themselves against moral hazard.The other side of moral hazard, can it actually be a good thing as well?Insurance as an enabler, providing a financial safety net for when risk goes wrong. Links between moral hazard and the climate crisis.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Sarah Conway who is a Director in WTW's Disaster Risk, Finance & Parametrics team, leading the Ecosystem Resilience practice. In this episode we discuss insurance of coral reefs and climate finance.In this episode we cover:Why coral reefs need insurance.The importance of coral reefs.How this insurance product works and how the parametric policy is triggered.How the issue of insurable interest is resolved.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this special episode Peter is joined by Bruce Carnegie-Brown and they discuss his role as the Chairman of Lloyd's.In this episode we cover:How Bruce came to be the Chairman of Lloyd'sThe role Lloyd's plays in the UK and global insurance market.Bruce's involvement in CUVVA, an app that allows users to purchase short term motor insurance.The future of Lloyd's of London and how they can remain relevant in the coming decadesThe current challenges facing the insurance market.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by David Altmaier, former Commissioner of Insurance for Florida State and now Consultant for the Southern Group-Florida. In this episode they will discuss the Florida insurance market and David's time as Insurance Commissioner. In this episode we cover:David's time at the Florida Office of Insurance Regulation.How David became Insurance Commissioner and what the role of commissioner entails.How the impact of hurricanes has affected the Florida insurance market both for insurers and insureds.To what extent Florida is the first State dealing with the consequences of climate change.How David as Insurance Commissioner responded to the insurance crisis in Florida.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Hannah Farber, Assistant Professor of History at Columbia University in New York. In this episode they look at the American revolution and the role insurance played in the foundation of the United States.In this episode we cover:An overview of the events that led to the American revolution (c.1750-1812).The role of marine insurance played during this time period.The story of merchant insurer, Robert Morris.The rise of domestic US insurance and its post war impact.Answer to the question: To what extent did insurance genuinely shape the foundation of America?We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by George Barker, Assistant Underwriter at Aspen Insurance and they discuss why he has chosen a career in insurance.In this episode we cover:Why George chose insurance as a career.His experience applying for a graduate scheme.Why George chose to apply for the Aspen graduate scheme.The training involved as part of the graduate scheme. His role as a crisis management underwriter.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this special episode on recruitment Peter explores the world of insurance recruitment through conversations with 4 guests:Ben Bolton - Managing Director at Gracechurch consultingSamantha Ridgewell - Managing Director of Empower DevelopmentCaroline Wagstaff - CEO at London Market Group (LMG)William Gallimore - UK Managing Director at HFG Insurance RecruitmentIn this episode we cover:Is insurance successful in attracting top talentAnalysis of the current marketIs there currently a recruitment crisis?The main issues facing the insurance market hindering recruitmentWhat we can do to minimize the impact of these challengesWhat guests think the workforce will look like in 10 years timeWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Martin Shaw, Head of Policy at the Association of Financial Mutuals, and in this episode they are discussing friendly societies. In this episode we cover:What a friendly society isThe merger between the Association of Friendly Societies and the Association of Financial MutualsThe history of friendly societiesWhy people set up friendly societies The role they play in the modern worldHow they are regulatedWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Sam White, Founder of Stella Insurance, and amongst other things they will be discussing motor insurance.In this episode we cover:How and why Sam founded StellaThe reasons Sam felt so passionate about setting up an insurance brand to represent women.Sam's analysis of the UK motor insurance marketThe leadership qualities we should be seeking in our future leadersWhat should come first in the corporate world profit or peopleWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Ivan Haigh, Professor of Coastal Oceanography at the University of Southampton. In this episode we discuss the future of flooding.In this episode we cover:What is happening at the with sea levels and the causes in the change.What impact this is likely to have on society. What the future hold for rising sea levels and flooding.Ivan's article "Will London soon be underwater".How insurers can use data to prepare for such changes.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered summer special mini series Meditations on Insurance and Society. Normally on this podcast Peter is joined by a guest to discuss an aspect of the wonderful world of insurance. But, this August, we are doing something different. Instead of our normal fortnightly podcast, we are releasing an 8 episode mini series focusing on the role that insurance has played throughout history in shaping society. They will incorporate a bit of history, a bit of philosophy, some psychology, a lot of insurance and… who knows what else.In part eight we look at:the future of insurance the rise of morality within insuranceinsurance and ESGinsurance as a moral system?The social purpose of insuranceInsurance and climate changeWe hope you enjoy the first of our summer special series and will follow along with new episodes releasing every Monday and Thursday throughout August.Regular episodes will resume in September Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered summer special mini series Meditations on Insurance and Society. Normally on this podcast Peter is joined by a guest to discuss an aspect of the wonderful world of insurance. But, this August, we are doing something different. Instead of our normal fortnightly podcast, we are releasing an 8 episode mini series focusing on the role that insurance has played throughout history in shaping society. They will incorporate a bit of history, a bit of philosophy, some psychology, a lot of insurance and… who knows what else.In part seven we look at:The philosophical thinking behind insurancethe framework for understanding why insurance is such a potent force in societyThe five F words that help us understand the philosophy behind insurance: Fragility, Fear, Future, Faith and Freedom insurance as a mirror to our own insecurities We hope you enjoy the first of our summer special series and will follow along with new episodes releasing every Monday and Thursday throughout August.Regular episodes will resume in September Hosted on Acast. See acast.com/privacy for more information.

Welcome to Insurance Covered summer special mini series Meditations on Insurance and Society. Normally on this podcast Peter is joined by a guest to discuss an aspect of the wonderful world of insurance. But, this August, we are doing something different. Instead of our normal fortnightly podcast, we are releasing an 8 episode mini series focusing on the role that insurance has played throughout history in shaping society. They will incorporate a bit of history, a bit of philosophy, some psychology, a lot of insurance and… who knows what else.In part six we look at:How insurance developed into the global industry it is todayHow insurance came to be 'everywhere'How technology and enhanced trade encouraged the growth of insuranceThe impact war in the 1900s had on dismantling the insurance network centred around Britain and the development of more national insurance industries The development of specialist reinsurers The use of microinsurance in developing countriesThe welfare system making insurance available to everyoneWe hope you enjoy the first of our summer special series and will follow along with new episodes releasing every Monday and Thursday throughout August.Regular episodes will resume in September Hosted on Acast. See acast.com/privacy for more information.