News
ManyPets confirms redundancies as co-founder exits
ManyPets has confirmed to Insurance Post it has made some compulsory redundancies as part of its transformation project.
Aspen to go public in New York again
(Re)insurer Aspen has revealed plans to list shares on the New York Stock Exchange.
Four biggest challenges facing insurers in 2025 revealed
To get you ready for the next 12 months, Insurance Post uncovers four things you need to know about what 2025 holds in store for the industry, according to analysts.
Nexus acquires Arma; Alps' MD Volante's executive chairman
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ecclesiastical’s Carter documents rise of leisure business
Laura Carter, customer segment director of Ecclesiastical, has described how the insurer's leisure business has grown to account for 20% of its open market new business in just 18 months.
Tributes pour in for flood risk expert killed days before Christmas
Tributes from colleagues and friends in the industry have started pouring in for a flood risk director who was tragically killed just days before Christmas.
Aviva outlines job cut plans as part of Direct Line takeover
Aviva has laid out plans to cut between 5%-7% of the combined company’s workforce over a three year period following completion of its £3.7bn merger with Direct Line Group.
Ukraine war risks market set to expand after reinsurance deal
Ukrainian insurers are looking to expand war risks cover for businesses following the announcement of a new €110m (£91m) reinsurance facility last week, put together by Aon and the European Bank for Reconstruction and Development.
Man jailed for £100K ‘crash for cash’ plot against LV
A man has been jailed, and two men have been sentenced, for an unsuccessful ‘crash for cash’ plot, which could have cost LV General Insurance £102,827.
Aviva and Direct Line agree terms on £3.7bn sale
The boards of Aviva and Direct Line have reached an agreement on the terms of a cash and share offer for Direct Line, equalling £3.7bn.
Five charged over collapse of law firm Axiom Ince
The Serious Fraud Office has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money.
Direct Line brand goes live on Compare the Market
The Direct Line brand is now live and quoting on price comparison website Compare the Market.
HF’s investment; Ceta x MoneySuperMarket; Pen Underwriting’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Union demands review of Uber’s insurance restrictions
The GMB Union is pushing for a review to ascertain whether or not the insurance restrictions Uber puts on drivers in London are anti-competitive.
Marshmallow cuts losses by 98.7% as turnover hits £184m
Insurtech unicorn Marshmallow has revealed that it is close to turning a profit after its losses shrunk by 98.7%.
Q&A: Lauren France, DWF Law
After being named Unsung Hero of the Year at the British Insurance Awards 2024, DWF's specialist manager and deputy head of organised fraud Lauren France talks about the work being done to combat fraud, what threats are on the horizon, and how new…
Broker Review of the Year 2024
Brokers were pleased with M&A activity in 2024 but ticked off by disproportionate regulation, capacity exiting the market and artificial intelligence failing to live up to expectations.
Regulator delays general insurance stress test
The Prudential Regulation Authority has postponed the dynamic general insurance stress test launch as switching from Solvency II to Solvency UK reporting requirements mean providers have enough on their plate in 2025.
Elon Musk takes aim at Aviva’s Amanda Blanc
Elon Musk, Tesla’s CEO and owner of social media platform X, has labelled "people like" Amanda Blanc, group CEO of Aviva, as "racist" in a tweet referencing comments she made last year.
Ardonagh valued at $14bn following investment from Stone Point Capital
The Ardonagh Group has secured an equity investment from funds managed by US-based private equity firm Stone Point Capital LLC.
Insurance Post’s Christmas Special Podcast
Post content director Jonathan Swift, news editor Scott McGee and Emma Ann Hughes, editor, ditch the usual format of our publication’s award-winning podcast to deliver a holly, jolly Christmas Special.
Claims and Legal Review of Year Review 2024
Looking back at 2024, claims, adjusting and legal firm chiefs share how their organisations handled claims arising from named winter storms, worked towards becoming carbon net zero, the impact of claims costs starting to stabilise and why some found…
Ex-Criterion loss adjuster used dead in-law’s details in £160k scam
A former senior loss adjuster for Criterion, who submitted a series of fake insurance claims as well as keeping recovered items for himself, has been jailed.
Lloyds Bank chooses Axa for motor capacity
Axa UK has announced a five-year partnership with Lloyds Banking Group for its motor portfolio.