Pan-European growth investor Palamon Capital Partners has acquired a majority stake in connected insurance provider Fair Connect.
Digital insurance provider Digital Risks has raised £2.25m in an investment round led by Beazley as it sets its sights on the SME and digital start-up markets.
Aviva has been accused by dashcam app and accident management platform Jolt, who have claimed that the insurer stole its app idea.
The UK’s financial industry completed 83 M&A deals during the first half of this year, with insurance M&A totaling at £4.5bn.
AIG has reported that its cyber specialist team is handling at least one cyber attack every day, and has seen as many claims notifications in 2017 as in the previous four years combined.
Flood Re has said that it will be reducing premiums that it charges to insurers from the beginning of 2019.
Insurance companies are failing to meet their customers’ expectations when it comes to digital interactions, according to a recent report.
LV has promoted Heather Smith to managing director of its direct business following Selwyn Fernandes’ decision to leave the company after 12 years.
Chubb has appointed Matthew Hardy as executive vice president of global energy for its Overseas General business.
Thatcham Research held its annual apprentice graduation and award ceremony yesterday, which formed part of ABP’s Body Repair Industry Apprentice Awards.
Insurers feel they need to adapt to the digital age but they don’t all agree on how to drive technological change. What culture should they nurture? Post invited a number of industry experts to discuss the challenges ahead
MS Amlin has entered into a partnership with Artificial Intelligence company Cytora to help automate its underwriting decisions across its commercial property portfolio.
Indian online insurance aggregator Policy Bazaar has raised over $200m (£150.67m) in a series F funding round led by Soft Bank.
Former Quindell business Mobile Doctors has laid out plans to capture 10% of the medical report market by 2021.
Insurance executives are pursuing acquisitions and partnerships to grow their business, but the majority of insurers are having to rethink their acquisition strategies.
This week in Post, the government said that it is considering plans to exclude cyclists and vulnerable road users from the proposed £5000 limit on fast track claims.