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Endsleigh and Lloyds TSB to take volcano claims hit

Endsleigh and Lloyds Banking Group have agreed to compensate customers for certain volcanic ash travel claims following the decision by their underwriter, Axa, not to pay out most claims.

Ian Passmore, managing director of Endsleigh, told Post his firm will consider making ex-gratia payments to customers in specific cases where stranded policyholders have required medical assistance at

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Acrisure blames AI for slashing 2250 jobs

Acrisure is cutting around 11% of its global workforce, after chief executive and co-founder Greg Williams told staff advances in artificial intelligence and technology are reshaping how the business operates and serves clients.

Howden launches Web3 risk ecosystem

The broking group has expanded its crypto theft insurance product, bringing together specialist vendors across pre-emptive risk management and post-incident recovery.

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