News
Biba launches question guidance to reduce disclosure disputes
As the industry flocks to Manchester for the British Insurance Brokers’ Association conference, the trade body has launched cross industry guidance aimed at reducing disclosure misunderstandings.
Brokers push for more tech and faster service from insurers
Aviva’s latest broker barometer has revealed that ‘greater use of digital tech’ is at the top of the list of improvements to insurer service.
Wallace reveals QBE’s plans to build on recent wins
QBE’s Chris Wallace has told Post that the insurer doesn’t need to “chase the market” as trading conditions soften, having established a “strong foundation” in the UK over recent years.
Broadway appoints ex-Bollington CEO as a director
Paul Moors, former CEO of Bollington Insurance Brokers, has been appointed as a director at Broadway Insurance Partners.
Sedgwick launches L&D service for insurance clients
Sedgwick has this morning (12 May) launched a new unit of the business, offering learning and development solutions to insurance and corporate clients across the UK, Insurance Post can reveal.
NordVPN’s cyber cover; DCL’s truck product; Consilium’s claims chief
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Moped driver found to be fundamentally dishonest
A moped driver has been ordered to pay £25,000 after dashcam footage revealed that a personal injury claim made following a road traffic accident was fundamentally dishonest.
Tiernan appointment comes at ‘tipping point’ for Lloyd’s
Market executives and trade bodies have weighed in on Patrick Tiernan’s appointment as Lloyd’s CEO, outlining what they expect from the new boss.
Konsileo could raise more funds as it looks to ramp up recruitment
Konsileo CEO and founder John Warburton has told Insurance Post the broker could look to raise more funds to achieve its recruitment targets over the next two years.
Optalitix reveals how tech underpinned Pool Re’s evolution
Pool Re’s recent switch to a treaty model for its terrorism property reinsurance scheme would not have been possible without a new platform built by Optalitix, the tech vendor’s head of insurance platforms has told Post.
Patrick Tiernan appointed Lloyd’s CEO
Patrick Tiernan has succeeded John Neal as CEO of Lloyd’s, with his tenure kicking off on 1 June 2025.
And-E and Keoghs take aim at unfounded credit hire claims
Aioi Nissay Dowa and Keoghs have highlighted the issue of unfounded credit hire claims after securing a 98% saving on a claim through the courts.
Cyber claims decrease following 2023 spike
Research from Marsh has revealed that UK cyber claims decreased by 20% in 2024 following a spike in 2023.
Insurtech funding bounces back with 90% uptick
Global insurtech funding surged 90.2% quarter-on-quarter to $1.31bn (£979m), according to the Gallagher Re's Global Insurtech report for Q1 2025.
Watch Esure, NFU Mutual and Zurich discuss the value of better customer insights
Insurance companies continually strive to cross-sell to existing customers, but few manage to achieve even an average of two products/services per person across their entire book.
Lloyds Bank launches first Axa-underwritten motor products
Axa UK and Lloyds Bank have launched the first motor insurance products under their partnership, which was announced in December 2024
Most complained about general insurers revealed
Admiral, Aviva, Direct Line, Axa and RSA were the most complained about general insurers in the latter half of 2024.
GTA credit hire rates see 'lower than inflation' increases
Maximum daily hire rates that sit within the General Terms of Agreement protocol have increased by just 5.78% on average during the last decade, according to research from the Credit Hire Organisation.
Ageas unifies customer records using LexisNexis tech
Ageas has partnered with LexisNexis to take policyholder data across all platforms and collate it down to a single identity for each customer.
Premium finance costs continue to decrease amid regulator scrutiny
The cost of financing insurance premiums has fallen since October 2024, the latest data from Pearson Ham has revealed.
Clear rebrands MGA arm; Sapiens acquires AdvantageGo; Markel’s head of tech
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.