ICG invests in Staysure; Jensten buys broker; Questgates’ legal rebrand

Friday Round Up

Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.

From Insurance Post this week

Motor insurance payouts hit record high in 2023

Direct Line brings in Aviva’s Poole as CFO

Civil injury fraudster caught out by ‘Jeremy Kyle’ appearance

Three-quarters of

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Aviva pulls plug on Applied Systems pilot

Insurance Post can reveal that just six months after entering a pilot with Applied Systems for its property owners product, Aviva has pulled the plug, saying the results “do not justify the ongoing investment”.

Are higher home excesses killing smaller claims?

After Verisk saw a 17% increase in the average home insurance claims cost, due to a decline in the number of low-value claims submitted by policyholders, Scott McGee asks: what is causing customers to stop submitting small claims?

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