News
Blueprint Two build on track for Q1 completion
Lloyd’s deputy chief financial officer Alexandra Cliff has said the technology build for the market’s Blueprint Two modernisation programme is set to complete by the end of Q1.
Aon doubling new business going into 2025 compared to 2024
Aon UK and Ireland CEO Jane Kielty has told Insurance Post that Aon has “twice as much new work” with existing clients and double the number of new clients going into 2025 than it did going into 2024.
Insurance solution to reopen Ukraine’s airports in the works
Marsh McLennan CEO John Doyle has said that work is under way on an insurance solution that will allow Ukrainian airports to reopen.
NFU Mutual sticks to its guns in coverage dispute
NFU Mutual has maintained that 38 businesses suing the insurer for Covid-era losses are not entitled to be indemnified under the terms of an extension to their policies.
FCA stops potential ghost broker from trading
The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.
Donaldson to return to Ardonagh following Atlanta merger
Emma Rawlinson has been promoted to the role of CEO Markerstudy Distribution, as her predecessor Ian Donaldson returns to Ardonagh.
Aviva responds after Palestine Action targets Bristol site
Aviva has confirmed its Bristol site remains open despite activists from Palestine Action targeting the office this morning.
Pen Underwriting and QBE agree £420m capacity deals
Pen Underwriting and QBE have announced the renewal of two UK and Ireland capacity deals, together worth £420m.
Aventum Group pledges $12m to bring tech entirely in-house
Aventum is committing a $12m (£9.8m) investment in technology over two years to create a proprietary tech function entirely inhouse across all global operations.
Justice Committee relaunches court delay inquiry
The Justice Select Committee has announced today (21 January) that it is to reinstate its previously announced inquiry into the work of the County Court, following complaints regarding court capacity and resources.
Chancellor to sit down with top insurance bosses
Chancellor Rachel Reeves is to host various forums with financial services bosses over the coming weeks, including with senior executives from the insurance and reinsurance industries.
Climate protesters fail in attempt to cut insurer comms
Climate protesters Shut The System have claimed to hit major insurers by cutting communication cables yesterday (20 January). However, disruption appears to be minimal.
Court kicks off fortnight of Covid BI hearings
Two key appeals relating to Covid-era business interruption disputes are set to be heard by the Court of Appeal in the coming weeks, with the first of two hearings beginning today (21 January).
Pet insurance premiums stabilise in Q4
Pet insurance premiums stabilised in December 2024, following a year of fluctuating pricing trends, the latest Pearson Ham Group data has shown.
PRA CEO tells Starmer his main focus is stability
Sam Woods, CEO of the Prudential Regulation Authority, has written to prime minister Keir Starmer promising to support the Labour government’s growth goal.
EY steps away from Direct Line following Aviva deal
Insurance Post understands EY has stepped down as service provider for Direct Line Group as a result of the deal with Aviva.
Arch promotes Bottle to UK MD
Arch Insurance International has promoted senior vice president of distribution and strategy Mike Bottle to UK managing director with immediate effect.
FCA CEO promises focus on growth in letter to prime minister
CEO of the Financial Conduct Authority, Nikhil Rathi, has written to prime minister Keir Starmer promising growth will be a “cornerstone” of the regulator’s strategy through to 2030.
Acorn acquires MyPolicy; Sedgwick’s repairs initiative; Bridgehaven’s head of claims
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marshmallow sued for alleged disability discrimination
Insurance unicorn Marshmallow is being sued by its former chief financial officer for alleged disability discrimination, an employment tribunal judgment has revealed.
Ex-law firm execs to appear at Southwark Crown Court
Five former Axiom Ince executives appeared at Westminster Magistrates Court on Wednesday (15 January) to hear charges being brought against them by the Serious Fraud Office.