News
Consumer Intelligence’s Ian Hughes moves to chair
As part of a ‘planned leadership evolution’, Consumer Intelligence's Ian Hughes has moved to the role of chair, with Ann Constantine being named managing director.
Two-thirds of commercial properties underinsured
Underinsurance is shifting from a background industry concern to an issue that is directly affecting claims outcomes, according to Aviva’s latest Broker Barometer research.
FloodFlash co-founder and CEO exits
FloodFlash co-founder and CEO Adam Rimmer has stepped down after more than eight years at the helm.
FCA and PRA turn spotlight on MGA oversight
The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.
Aviva’s Storah calls for ‘more rate’ despite £1bn profits
Aviva UK and Ireland general insurance CEO Jason Storah has said the entire insurance spectrum across commercial and personal lines “needs more rate”.
Ex-CFC duo Walsh and Newman launch insurance investment vehicle
Former CFC leaders Graeme Newman and David Walsh have launched a family office, Kantara Capital, to invest in early-stage financial services intermediaries.
Consilium’s launch; Coversure’s office; QBE's hire
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Trump told insurance not main issue in Strait
Donald Trump’s offer of providing government-backed insurance to vessels travelling through the Strait of Hormuz following the outbreak of war in the region has been described as “limited”.
John Lewis becomes FCA-authorised broker
John Lewis Money has become a Financial Conduct Authority-authorised insurance broker.
FCA names Brewis replacement
The Financial Conduct Authority has hired Chris Knight as director of insurance.
Home premiums fall 9% year on year
Data from Compare the Market has shown the average cost of home insurance in the UK dropped to £198 in January 2026, a decrease of 9% from last year.
Admiral’s insurance profit surpasses £1bn
Admiral’s UK insurance pre-tax profit landed at just over £1bn for the first time, with motor making up the vast majority of that figure.
Aviva’s UK PL premiums up by half with help from Direct Line
Aviva has today (5 March) released its 2025 financial results, boasting a 50% increase in UK personal lines revenue.
Which? warns insurers are failing storm-hit homeowners
Insurers have been accused by Which? of shirking their responsibilities for paying out policyholder's claims when their houses suffer damage due to storms and other extreme weather events.
‘Business as usual’ for Beazley after accepting Zurich bid
Since Zurich’s £8.2bn acquisition was agreed, Beazley’s CEO Adrian Cox has insisted on the company’s innovation and growth, despite profits being down in 2025.
IPT expected to rake in nearly £60bn in next five years
The Office for Budget Responsibility has upgraded its five-year forecast for insurance premium tax forecast, revealing it’s set to take in £57.8bn in the next half-decade.
Iran conflict triggers Lloyd’s war risk review
The London market’s war risk specialists have expanded the geographical areas deemed at heightened risk of conflict following the US and Israeli attacks against Iran.
Intact steps up ‘aggressive’ SME market push
Intact Insurance is pursuing a more aggressive strategy in expanding its SME broking footprint, sources have told Insurance Post.
Holmes ‘not surprised’ at increased pet insurance competition
Allianz UK CEO Colm Holmes has said that while he is “not even remotely surprised” at the number of new entrants into the pet insurance market, he is not worried about competition.
Zurich and Beazley agree £8.2bn deal
Zurich Insurance Group has agreed the terms of a firm all-cash offer to buy Beazley for £8.2bn.
Ki delivers record $171m profit in first standalone year
Ki saw a record pre-tax profit of $171.4m (£128.2m) in its first year as a standalone company.