News
Two founding members remain as Allianz and Axa leave NZIA
Allianz and Axa have both decided to leave the Net-Zero Insurance Alliance, meaning just two founding members remain after three leave in one day.
Climate activists let off smoke bombs outside Lloyd’s
Climate activists gathered outside Lloyd’s of London in the run-up to today’s AGM, letting off smoke bombs and chanting “Stop Adani” as well as “Stop Eacop.”
Scor leaves NZIA and commits to Norwegian gas and oil exploration
Reinsurer Scor has become the latest founding member to leave the Net-Zero Insurance Alliance, CEO Thierry Leger announced at the company’s annual general meeting.
Many Pets exits Swedish market as problems pile up
Many Pets’ partnership with Great Lakes SE in Sweden has ended, and as a result, the provider is withdrawing from the Swedish pet insurance market, Insurance Post can reveal.
Climate activists hit Lloyd’s insurers ahead of AGM
Climate activists targeted Lloyd’s insurers backing fossil fuel projects around the world ahead of its annual general meeting later today, with more disruption planned.
Arc Legal considers expansion into new lines
Arc Legal bosses reveal plans to provide total ancillary insurance cover as celebrates 20 years of operation.
Q&A: Melissa Collett, CII
In her final days at the Chartered Insurance Institute, Melissa Collett, professional standards director, reflects on the challenges facing the 126-year-old organisation and shares her hopes for the future.ding and membership body.
Amazon Insurance Store adds first provider since initial launch
After launching with three insurers in October 2022, the Amazon Insurance Store has now added a fourth.
Steve Treloar to step down as LV CEO
Steve Treloar, chief executive of LV GI and Allianz Personal, is leaving the business at the end of June.
Insurers slammed for ‘abandoning net zero targets’ to back Nordic gas and oil exploration
Greenpeace says insurers are prioritising “dirty profits” over the future of the planet as it names 69 insurers involved with a gas and oil exploration project in Norway.
Consilium to build specialism division around new hire
Paul Richards, co-chief executive of broker Consilium, shared his plans to build a new cyber, tech and fintech division around Elmore Insurance Broker founder Tom Abbotts.
Swiss Re joins Net-Zero Insurance Alliance exodus
Swiss Re has joined Zurich, Hannover Re and Munich Re in turning its back on the Net-Zero Insurance Alliance.
Renters Bill gives bad tenants more power to play system
Richard Finan, director of strategic development for legal expenses and rent guarantee insurer Arc Legal Group, struggled to see many positives when it came to the newly published Renters (Reform) Bill.
AI could become the ‘wild west of tech’ if it is not used appropriately
Artificial intelligence could take on unexpected behaviours, leaving consumers being treated unfairly with vulnerable customers hit the hardest, industry leaders claim.
Insurance’s richest figures revealed
Douw Steyn and family are the only famous faces from the world of insurance to make it into the top 100 of this year’s Sunday Times Rich List.
Experts say AI has potential to ‘unlock’ legacy systems
Artificial intelligence could finally solve longstanding industry legacy systems issues and insurers who don’t get on board will be missing out, experts claim.
Howden unifies business; Pikl partners with Confused; Gallagher sponsors the horses
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva looks to build new product lines
David Martin, managing director of UK GI distribution & SME at Aviva, revealed that the insurer is considering its fund allocation with the intention of building out new products.
Aviva sees uptick in brokers developing ESG plans
Over a quarter of brokers are implementing Net Zero plans, according to research from Aviva.
Zurich challenges itself to halve HNW quote times
As Zurich looks to invest further in the high net worth space, head of personal lines and specialties Phil Ost wants to challenge his HNW team to respond to brokers’ quotes within 24 hours
Pet insurance fraudster collared by the law
A finance officer at a veterinary practice, who made more than £37,000 in fraudulent pet insurance claims by editing invoices obtained from her employer, has been sentenced.
Applied Systems expands commercial lines; Value Space invests; and Avid opts for Allianz for capacity
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Briefing: Why the potential Markerstudy/Ardonagh Retail merger makes sense
As reports surface on what some have called “the worst kept secret at Biba”, why does the potential merger between Ardonagh Retail and Markerstudy make sense?
Brokers vote for regulatory stability as top desire
A period of stability with no regulatory or legislative changes topped the wish list among attendees polled at the British Insurance Brokers’ Association conference in Manchester yesterday.