Product
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.
Q&A: Chaz Perera, Roots Automation
Chaz Perera, CEO and co-founder of Roots Automation, tells Insurance Post about the firm’s generative artificial intelligence model specially trained for insurance InsurGPT and the challenges in the industry this technology is primed to solve.
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.
Aviva’s Storah predicts volatility in commercial pricing this year
Speaking after Aviva announced its full year results, UK and Ireland general insurance CEO Jason Storah said rates are “lumpy”.
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.
NormanMax set to acquire FloodFlash
Floodflash has agreed terms to be acquired by US parametric firm NormanMax, subject to FCA approval.
Big Interview: Consilium’s James Baird and Paul Richards
Scott McGee sits down with Consilium co-CEOs James Baird and Paul Richards to discuss the broker’s rapid growth over the last two years, and why they would need a cow to jump over the moon to consider an acquisition.
Thatcham and Elixirr partner; Lockton’s facility; Cowbell joins ABI
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Prestige chosen as a ‘preferred partner’ for Ardonagh Advisory
Prestige Underwriting is partnering with with Ardonagh Advisory on non-standard insurance products, Insurance Post can reveal.
Blockchain insurtech wins Norton Rose Fulbright accelerator
Blockchain insurtech Opencover has won £50,000 of investment and legal advice at the Norton Rose Fulbright 2025 Insurathon.
Premium growth to continue for the next three years
EY has predicted the steady growth of UK non-life premiums for the next three years.
Only one out of four brokers is happy with insurer service
Direct Commercial’s latest broker survey has revealed how only a quarter of brokers are happy with the service they receive from insurers.
Cuvva CEO predicts ‘flip away’ from PCWs
Cuvva CEO Freddy Macnamara has predicted there will be a “big flip away” from price comparison websites.
Claims service stayed steady at end of 2024
The consistent improvement in claims service seen over the last 18 months plateaued at the end of 2024, with the market average NPS remaining at -4 and just one point up on the NPS recorded at the end of 2023.
Markel’s Guidewire implementation; Hiscox’s FI offering; Lockton’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cuvva ‘eyeing’ annual motor insurance
Short-term car motor insurance firm Cuvva “has its eye on” annual motor insurance, according to CEO and founder Freddy Macnamara.
Ki and QBE’s partnership; Rokstone’s leadership changes; IUAD’s milestone hit
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Q&A: Risto Rossar, Insly
Risto Rossar, CEO and founder of Insly, zooms in on the insurtech’s latest artificial intelligence tool and highlights further AI use cases that will enable its next phase of growth and innovation.
Blog: What impact will construction costs have on underinsurance?
After a relatively stable 2024 compared with recent years, RebuildCostASSESSMENT.com’s Ben Richmond explores what 2025 could look like for construction inflation and material costs, and the likely impact on buildings underinsurance.
Ignite targeting £50m of home premium per year by 2027
Ignite has told Insurance Post that, following its partnership with Ageas and Yoga, it’s aiming to generate £50m of home premium a year by 2027.
Percayso’s quote platform; Lloyd’s milestone; Brokerslink’s president
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Is broker e-trading competitive enough?
With broker e-trading set to soar, Scott McGee examines whether there is currently enough breadth and depth of software providers to ensure effective competition, innovation and resilience in the market.
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.
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.