Motor
Pen’s cyber revamp; Chubb’s construction practice; Unum CEO joins ABI board
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Why premium finance is like a teenager’s stinky socks
Editor’s View: Emma Ann Hughes reflects on the ramifications of the Financial Conduct Authority shifting from issuing warnings to kicking off a review of premium finance for home and motor insurance on Wednesday (16 October).
Shares tumble following motor pricing and FCA action
In a repeat of what happened in January, the share prices of Admiral and Direct Line Group have taken a hit today as the Financial Conduct Authority and government announced action around motor insurance premium pricing.
Labour unveils motor insurance taskforce to crack down on costs
Labour transport secretary Louise Haigh has promised her party’s motor insurance task force will “crack down on spiralling costs” and deliver a “fair deal” for drivers.
FCA launches premium finance market review
The Financial Conduct Authority has launched a review of the premium finance market, alongside the launch of a government motor insurance taskforce.
Top 100 UK insurers of 2024 revealed
Aviva has once again topped Insurance Post’s Top 100 UK Insurers 2024 list, but this year’s top 10 was shaken up by tough times for motor insurers in 2023 and a shift to more profitable lines among major players in the market.
Top 100 UK Insurers 2024: Axa
Axa grabs the eight spot on Insurance Post’s Top 100 UK Insurers 2024 list.
Top 100 UK Insurers 2024: AIG
AIG holds steady in fifth place on Insurance Post’s Top 100 UK Insurers List in 2024.
Top 100 UK Insurers 2024: Allianz
Allianz has made significant strides to increase the brand’s presence in the UK and remains in the Top 10 of Insurance Post’s Top 100 UK Insurers List.
Top 100 UK Insurers 2024: Admiral
As Admiral celebrates the 20th anniversary of listing on the London Stock Exchange, the only Welsh company in the FTSE 100 has leapt from eighth place on last year’s Top 100 UK Insurers List to seventh place in the 2024 rankings.
Top 100 UK Insurers 2024: Direct Line Group
Direct Line Group has climbed from fourth place on last year’s Top 100 UK Insurers List to third place in the 2024 rankings.
Top 100 UK Insurers 2024: RSA
RSA is in fourth place on the Top 100 UK Insurers 2024 list.
Top 100 UK Insurers 2024: Business lines
A ranking of the top 100 UK Insurers for different general insurance business lines, based on data from AM Best’s Financial Suite.
Top 100 UK Insurers 2024: Drastic turnaround in profitability
Major players pulling out or significantly scaling back their personal lines propositions, while others saw commercial lines profits soar, has significantly shaken up Insurance Post’s Top 100 UK Insurers rankings in 2024, according to Ben Diaz-Clegg,…
Government exposes ‘cavernous’ motor injuries justice gap
Personal injury claims for crashes in the UK decreased between 2020 and 2023, while the number of road injuries increased, according to the latest government data.
Tesco’s fraud head is latest to join Direct Line’s top team
Ami North, Tesco Underwriting’s head of personal injury and fraud, is leaving to take up a role at Direct Line Group, Insurance Post can reveal.
Motor premiums dip as home increases
Pearson Ham’s latest general insurance price index for Q3 has revealed that motor insurance premiums have decreased, while home is expected to increase.
Foil on why a loss for credit hire companies is a win for insurers and customers
Trade Voice: Max Withington, member of the Forum of Insurance Lawyers’ credit hire sector focus team and Horwich Farrelly partner, and Graeme Mulvoy, Horwich Farrelly partner, look at developments in credit hire claims that could presage cheaper premiums.
Kingfisher’s commercial acquisition; RSA’s D&O product; Zurich’s head of SME
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurance Post Claims and Fraud Award winners revealed
Allianz (including LV), Aviva, DWF and Sedgwick were all multiple winners at the Insurance Post Claims and Fraud Awards last night (3 October).
Aviva to roll out ‘transparent’ broker portal
Aviva’s MD for commercial and chief distribution officer, David Martin has revealed to Insurance Post that, in November, the insurer will be rolling out a new broker portal.
Lamppost liar loses £600K claim
HF and Hastings Direct have successfully contested a £600,000 claim based on conflicting passenger references and no evidence of vehicle damage.
Insurance Post’s Top 90 MGAs revealed
Ardonagh Group, Brown & Brown, Gallagher, Markerstudy and Policy Expert are the UK’s five biggest MGAs.
Big Interview: Sten Saar, Zego
Sten Saar, co-founder and CEO of Zego, speaks to Damisola Sulaiman about the challenges of building an insurtech in an evolving landscape, the lessons he learned entering the complex world of insurance as an outsider, plus his plans for growing the…