News
Are all the insurance job cuts necessary?
Deputy Editor’s View: After thousands of redundancies have been announced from all corners of the insurance industry, Scott McGee asks if job cuts are necessary.
Flood Re prepares for 2039 exit with resilience platform
Flood Re has unveiled plans to develop BeFloodReady into a national flood resilience platform, stepping up efforts to improve property-level resilience ahead of the reinsurance scheme’s planned closure in 2039.
Aviva names GCS MD and CEO for Syndicates
Aviva has appointed Johan Slabbert as managing director of its Global Corporate & Specialty business, as well as CEO of its Syndicates business.
IUAD targets £500K fundraising record with Insurance Day for Dementia
Insurance United Against Dementia is targeting a record £500,000 in fundraising on this year’s Insurance Day for Dementia, with Lloyd’s underwriting floor set to be taken over as part of the campaign.
Most trusted insurers across personal lines revealed
Consumer trust in insurance providers has risen for the third consecutive wave, according to Fairer Finance.
Clear’s M&A; Konsileo’s investment; FOS’s chair
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Biba chair calls on insurers to commit to signposting
Caroline Barr, chair of the British Insurance Brokers’ Association, has called on insurers to commit to signposting customers to specialist providers when the market fails to meet their needs.
Motor insurance prices see first annual increase since 2023
Motor insurance prices have risen by 2.7% over the past year, marking the first annual increase since 2023, according to Defaqto.
Jensten CEO Organ exits with Buesnel named successor
Rob Organ is to step down as CEO of Jensten Group, with Clive Buesnel appointed as his successor from 2 November 2026, subject to regulatory approval.
Sapiens CTO warns insurers against costly AI ‘sledgehammers’
The insurance industry must learn from powerful yet costly “sledgehammer” frontier artificial intelligence models amid tokenisation concerns, according to Sapiens’ chief technology officer Glen Ceniza.
Insurance Museum seeks permanent home as Bank exhibition opens
The Insurance Museum is still searching for a permanent home nearly a decade after plans for a repository first began and as it opens an exhibition at the Bank of England.
Beazley confirms redundancies
Unrelated to the Zurich acquisition, Beazley has made a small number of redundancies, Insurance Post can reveal.
Markel UK targeting SMEs with cyber offering
Markel UK has launched a standalone cyber product, specifically aimed at UK SMEs.
FCA outlines next steps with delegated authority deep dive
The Financial Conduct Authority is preparing to take a closer look at delegated authority arrangements, with an information request being sent out to get a clearer picture of how outsourcing is being used across the insurance market.
FCA vows to keep pressure on premium finance APRs
The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.
ABI alliance targets G20 presidency focus on protection gaps
The Association of British Insurers has joined forces with its Australian, Canadian and New Zealand counterparts in a new alliance that aims to tackle protection gaps and help shape the UK’s G20 presidency.
Axa reduces claims middlemen with repair network
Axa has begun working to reduce the number of people involved in the claims process through the launch of the Building Repair Network.
Howden chair steps down as listing edges closer
Howden has revealed that Dominic Collins will step down as executive chairman after 11 years in post.
Cowbell launches AI agent to help SMEs tackle cyber risk
Cowbell has launched an artificial intelligence-powered risk adviser designed to help small and medium-sized enterprises identify and address their cyber risks.
Councillor demands clarification around Admiral job cuts
Swansea’s council leader has written to Admiral UK CEO Alistair Hargreaves demanding clarification around the firm’s 500 job cuts, as thousands of employees are still left in the lurch.
John Neal reveals new role following Lloyd’s investigation
Former Lloyd’s of London CEO John Neal has resurfaced as non-executive chairman at risk intelligence firm LUSYi, following the conclusion of the Lloyd’s investigation into his conduct.