News
MIB pledges to end uninsured driving
The Motor Insurers’ Bureau has committed to ending uninsured driving for good, as part of a new five-year strategy.
AI models threaten to ‘blow apart’ price comparison sites
Artificial intelligence large language models such as ChatGPT are set to “blow apart” price comparison website distribution, according to Stella Insurance CEO Sam White.
Fairer Finance accuses insurers of penalising poorer families
Consumer group Fairer Finance has accused UK car and home insurers of fuelling a “poverty premium” through opaque and data-heavy pricing models that penalise lower-income households.
Monzo’s new cover; Aviva boosts renewables; Laka raises £7.7m
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Exmouth community fights Allianz bid to fell 200-year-old oak tree
A community in Exmouth, Devon, has held a demonstration to oppose LV felling a 200-year-old oak tree due to subsidence.
£5m leasehold class action launched as legal papers issued
A class action lawsuit led by City lawyer and leaseholder Liam Spender launched today (17 July), with legal papers submitted to four freeholders and an advisory firm owned by Gallagher.
Insurance Post journalists win Headlinemoney Awards
Insurance Post’s news editor Scott McGee and senior reporter Damisola Sulaiman walked away with two of the top Headlinemoney Awards trophies.
Woodgate & Clark flags uptick in neurodiverse fraud referrals
Woodgate & Clark has seen an uptick in fraud referrals involving neurodiverse customers.
John Neal to lead AIG’s global GI business
Former Lloyd’s CEO John Neal will join AIG as president in December, reversing course on a previous decision to join Aon.
Tesco names insurance CEO after split from bank
Tesco has named Craig Bundell as CEO of Tesco Insurance and Money Services, following its split with Tesco Bank.
Pearson Ham reveals wide price gaps in landlord insurance
Pearson Ham has launched a landlord insurance price tracking service and has uncovered significant disparities in what landlords pay for property insurance.
Aviva and Zurich highlight inadequacy of UK climate action
Aviva and Zurich Resilience Solutions, as part of the Green Alliance Adaptation Taskforce, have concluded that 65% of UK actions to address the biggest climate risks are currently inadequate.
Jensten to refinance after failing to secure sale
Insurance Post understands Jensten is due to announce another refinance in the coming weeks, after again failing to secure a sale.
Industry welcomes launch of captives regime
The insurance industry has welcomed the Chancellor’s announcement launching a captives regime in the UK.
Biba urges chancellor to stop downward spiral
British Insurance Brokers’ Association CEO Graeme Trudgill has written an open letter to chancellor Rachel Reeves asking her to put a stop to the “downward spiral of productivity” ahead of her Mansion House speech tomorrow (15 July).
Close pulls back from PL; Howden’s crypto cover; Axa’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ABI reveals £104m Covid fund’s impact
The ABI has announced a partnership with the National Emergencies Trust alongside the publication of a report outlining the impact of funds donated to a range of charities by the industry during the Covid-19 pandemic.
Warning issued over improperly discarded lithium ion batteries
Lee Masson, MD of Halliwell Forensics, has called for focus on how batteries are discarded and entering the waste stream, as these pose a real fire threat.
PIB walks away from Gallagher deal
PIB has pulled away from negotiations surrounding an acquisition, as it announces a debt raise of £400m.
Protestors stage own ceremony outside British Insurance Awards
Climate change activists from Insure Our Survival protested outside this year’s British Insurance Awards, lying down on the event’s red carpet and staging their own awards ceremony on the pavement outside the Royal Albert Hall.
CII acts after racist backlash to advertising campaign
The Chartered Insurance Institute has taken action against a wave of racist and inflammatory comments posted in response to one of its marketing campaigns.
Insurance Post crowned Best Publication at Biba Media Awards
Insurance Post has been named Best Publication at the 43rd British Insurance Brokers’ Association’s Journalist & Media Awards, securing the prestigious accolade for the first time since 2019.
FSCS pays out £134m despite zero insurance firm failures
The Financial Services Compensation Scheme paid out £134m to customers of failed insurance companies in the 12 months to 31 March 2025, despite no new failings in that time.
Pets at Home to launch insurance
Pets at Home is launching its own pet insurance product in the UK early next year.