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 held back by system-wide issues.
May 15, 2025•27 min
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 global market shifts impact both sides of the balance sheet, and why investment strategy matters—even...
May 01, 2025•37 min
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 modelling Cyber risk
Apr 17, 2025•25 min
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 a career in insurance mean today?
Apr 03, 2025•33 min
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.
Mar 20, 2025•27 min
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 may impact the planet • What the implications are for insurers and what we can be doing about it
Mar 06, 2025•31 min
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. • Key insights on running a high-impact risk function that adds real business value.
Feb 20, 2025•25 min
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.
Feb 06, 2025•34 min
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.
Jan 23, 2025•29 min
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
Jan 09, 2025•30 min
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 climate change may worsen these issues further. • Latest developments on scenario analysis for climate ...
Dec 19, 2024•31 min
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 to make sure your voice is heard
Dec 05, 2024•34 min
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 insurance landscape, this podcast is for you. Who is LCP? We are a leading consultancy advising general in...
Nov 28, 2024•2 min
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 intelligence for swift decision-making in the insurance industry. • Nadeen Griffiths from LCP about her ...
Nov 21, 2024•45 min
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 covariance method with simulation methods. • Laura Curtis, Chair of the General Insurance Lifelong learnin...
Nov 20, 2024•32 min
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 Actuary at Oliver Wyman and Chair of the General Insurance Research and thought Leadership Committee. • ...
Nov 19, 2024•52 min
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
Nov 07, 2024•32 min
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 Northern Ireland
Oct 24, 2024•32 min
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 a greater globalisation of standards? • What else might we expect for Solvency UK?
Oct 10, 2024•36 min
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.
Sep 26, 2024•34 min
This week we talk to Bronek Masojada, Sheriff of the City of London, Chair of SiriusPoint and NED at Brown & Brown Insurance. Bronek was formerly Chief Executive of Hiscox for 28 years. We discuss: • How the Chief Executive role has evolved over time. • Key challenges for the insurance industry • How the Sheriffs and others promote London as an insurance hub • What’s the secret to a successful relationship between management and non-executives?
Jun 13, 2024•29 min
This week we talk to Dame Susan Langley. Sue is a Sheriff of the City of London, Non-executive Chair of Gallagher UK and previously Lead Non-Executive Director for the UK Home Office. We discuss: • The role of the Sheriff and how Sue came into the role • Sue’s experience with the Home Office, including working with 5 different Home Secretaries. • Sue’s top tips for developing a successful career in financial services and how can we make sure it is open to everyone.
May 30, 2024•34 min
This week we talk to Cat Drummond, Partner at LCP, about reserving transformation. We discuss: • What does a great reserving process look like in 2024? • Some initial insights from Cat’s global deep dive into reserving and transformation. • Top tips for making a reserving transformation project successful.
May 16, 2024•36 min
This week we talk to Simon Kaye, Global Director of Reinsurance at NorthStandard, about what makes P&I clubs unique. We discuss: • An overview of P&I clubs • What could the wider insurance market learn from P&I clubs? • What have been the key factors in making the merger between the North and Standard clubs a success? • The impact of changes to geo-political risk and climate change to the world of shipping.
May 02, 2024•33 min
This week we talk to Charlotte Jones, CFO of Aviva. We discuss: • Being part of the transformational journey that Aviva has been on. • What are the current challenges facing insurance CFOs? • The importance of creating the right organisational culture. • Insights from Charlotte’s career journey.
Apr 17, 2024•44 min
This week we talk to Matt Byrne, Head of Actuarial Function at NFU Mutual, about AI and what practical next steps insurers should be looking to take. We discuss: • What tools and products are available to help you utilise AI and machine learning • How actuaries are well placed to help with the implementation of AI across the business • Key learnings from using AI and some of the current limitations • Tips for being a great mentor and a mentee.
Apr 04, 2024•37 min
This week we talk to Anton Ossip, Chief Claims Officer at esure, about innovation within personal lines business. We discuss: • Previous role as CEO of Discovery Insure and the mindset needed to drive innovation. • Developing products and solutions to help reduce claims. • What is stopping innovation within the UK personal lines market? • How insurers can make use of AI within the claims process.
Mar 21, 2024•29 min
This week we talk to Rafaela Fakhre, Associate Director at Eames Consulting, and Wendy Kriz Evans, Principal at LCP, about key learnings from their report on optimising capital model validation resourcing. We discuss: • Actions firms can take now ahead of the 2024 capital model validation season. • Is there still a demand shortage for actuarial roles across the market? • Hot topics for capital and validation in 2024.
Mar 07, 2024•31 min
This week we talk to Laura Hobern, Partner at LCP, about key learnings from the 2023 year-end and what to look out for in 2024. We discuss: • What is driving the recent casualty reserve deteriorations across the market? • Is the market doing enough on inflation, in particular social inflation? • Insights from LCP’s recent market benchmarking • What are some of the issues at the top of the board’s agenda at the start of 2024?
Feb 22, 2024•28 min
This week we talk to Chelsey Sprong, Head of Social Impact at Beazley, and Jinita Shah, Partner at LCP, about diversity, equity and inclusion in the insurance market. We discuss: • Pros and cons of using quotas to help improve female representation at senior levels • The FCA and PRA consultations on diversity and inclusion in the financial sector • What firms can be doing on the ‘S’ in ESG and how this links to DEI • Tips on how to make diversity, equity and inclusion “business as usual”
Feb 08, 2024•31 min
