Insurer
Access deal; Clearspeed’s work with 1st Central; Lockton’s risk lead
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz x Volvo; Howden buys broker; Clear Group’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers should not fear being called ‘woke’
Insurers shouldn’t fear accusations of virtue signalling when publicising their diversity policies due to the benefits it carries for employees, an audience heard.
Is the OIC portal a success after one million claims?
With one million claims submitted over four years at a cost of £47m to the insurance industry, Scott McGee asks: Has the Official Injury Claim portal been a success?
Palestine Action defies legal warning with another Allianz hit
Palestine Action targeted Allianz Trade’s office in Manchester this morning (17 March) in its most recent action against the insurer over its links to weapons manufacturer Elbit Systems.
Zurich detects more than £94m in fraudulent claims
Fraud data from Zurich has revealed that its fraud prevention team uncovered almost £260,000 worth of fraudulent claims every day in 2024.
Cytora joins Google Cloud; PIB buys MGA; SRG’s head of corporate
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
IFB members to vote on expanding membership criteria
Members of the Insurance Fraud Bureau are to vote in early April on whether to expand its criteria for membership, Insurance Post can reveal.
Clyde & Co calls on insurers to reinforce cyber security guidance
Ian Birdsey, cyber specialist partner at Clyde & Co has called for insurers to echo legal cybersecurity recommendations to clients.
How the pandemic transformed travel insurance
Tom Luckham explores the travel insurance market post-Covid and analyses what kind of effect the pandemic had on the industry, and which effects are still lingering.
Palestine Action targets Aviva in Manchester
Palestine Action has targeted Aviva’s Manchester office in its third consecutive day of action against insurers over links to weapons manufacturer Elbit Systems.
Mapfre Re x CyberCube; Specialist Risk Group buys broker; Hiscox’s chief auditor
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Acorn’s CEO seeks fresh finance for growth plans
Mike Lloyd, CEO of the Acorn Group, has responded to rumours the non-standard motor and home insurer is up for sale, and confirmed he is seeking finance to grow the business.
Admiral almost doubles profit as UK customer numbers surge
Admiral Group has this morning (6 March) revealed it grew it's pre-tax profit by 90% in 2024 compared with 2023, while UK insurance customers grew by a fifth.
Beazley CEO says ‘it’s getting more difficult to grow’
Beazley has reported record pre-tax profits of $1.42bn (£1.12bn) for 2024, but is forecasting a slowdown in growth this year as market conditions turn.
Cunliffe appointment continues Axa reunion at Markel
Nicola Cunliffe, formerly head of insurance operations at Flock and head of SME trading operations at Axa, has joined Markel as head of trading in the UK.
Palestine Action targets Aviva for the second time
Palestine Action has targeted two Aviva offices in Scotland in the early hours of this morning (28 February), marking the group’s second protest against the insurer.
Admiral joins Build Back Better; PIB’s milestone; Lockton’s GM
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Penny Black’s Social Diary: RSA’s flights and ITC’s boxes
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences and giving a thumbs up – or down – to the sector’s social media posts.
Aviva’s Morris calls for an end to building in flood zones
When it comes to helping households, communities, and businesses cope with the threat of climate change in the next decade, Owen Morris, managing director of personal lines at Aviva, said the UK must stop building in flood zones.
Aviva expects mid-2025 completion on DLG deal
As Aviva announces a 57% increase in operating profit for UK & Ireland general insurance, it has given a rough timeline of when it expects to complete the Direct Line Group deal.