News
Generali chief predicts insurtech funding boost
Generali group head of innovation Danilo Raponi has predicted that the insurtech funding outlook for 2025 is positive.
Nigel Walsh leaves Google Cloud
Nigel Walsh, Google Cloud’s global head of insurance, has stepped away from the company.
Ten plead guilty to £320K ‘crash for cash’ fraud
An organised crime group that pocketed more than £320,000 through a ‘crash for cash’ scheme has been caught after multiple insurers raised concerns about claims.
Palestine Action targets 15 Allianz offices overnight
Protest group Palestine Action claims to have targeted 15 Allianz offices across Europe, including nine in the UK, over the insurer’s links to weapons manufacturer Elbit Systems.
Fitch expects mixed fortunes for UK non-life insurers in 2025
Fitch Ratings has predicted that the UK non-life insurance sector will have mixed fortunes in 2025, with some parts of the market facing an uphill battle to turn a profit.
Holloway replaces Lickens as Clear Group’s M&A lead
Clear Group has named Oscar Holloway as its managing director of mergers and acquisitions, replacing Howard Lickens.
Ki ‘well on its way’ to using AI
Ki Insurance is “well on its way” to using artificial intelligence in its system, according to CEO Mark Allan.
Insurance Fraud Bureau investigating 140 fake adverts
The Insurance Fraud Bureau is currently investigating 140 claims linked to paid-advert spoofing activity, collectively worth £1.82m.
D&G now delivering Uber-like claims experience
A year on from buying US-based insurtech Nana Technologies, which has a data-driven repair platform that handles all aspects of the repair logistics process, Domestic & General’s CEO Matthew Crummack has revealed the insurer now offers an “Uber-like”…
Percayso’s quote platform; Lloyd’s milestone; Brokerslink’s president
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blueprint Two build on track for Q1 completion
Lloyd’s deputy chief financial officer Alexandra Cliff has said the technology build for the market’s Blueprint Two modernisation programme is set to complete by the end of Q1.
Allianz and LV to merge claims operations
Allianz has started the process to merge the claims operations of both Allianz Commercial and Allianz Personal, which includes LV, Insurance Post can reveal.
PIB takes Howden to court over team exodus
PIB Group has launched legal proceedings in the High Court against Howden and several individuals, including founder and CEO David Howden.
Aon doubling new business going into 2025 compared to 2024
Aon UK and Ireland CEO Jane Kielty has told Insurance Post that Aon has “twice as much new work” with existing clients and double the number of new clients going into 2025 than it did going into 2024.
FCA stops potential ghost broker from trading
The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.
Donaldson to return to Ardonagh following Atlanta merger
Emma Rawlinson has been promoted to the role of CEO Markerstudy Distribution, as her predecessor Ian Donaldson returns to Ardonagh.
Aviva responds after Palestine Action targets Bristol site
Aviva has confirmed its Bristol site remains open despite activists from Palestine Action targeting the office this morning.
Aventum Group pledges $12m to bring tech entirely in-house
Aventum is committing a $12m (£9.8m) investment in technology over two years to create a proprietary tech function entirely inhouse across all global operations.
Chancellor to sit down with top insurance bosses
Chancellor Rachel Reeves is to host various forums with financial services bosses over the coming weeks, including with senior executives from the insurance and reinsurance industries.
Climate protesters fail in attempt to cut insurer comms
Climate protesters Shut The System have claimed to hit major insurers by cutting communication cables yesterday (20 January). However, disruption appears to be minimal.
Court kicks off fortnight of Covid BI hearings
Two key appeals relating to Covid-era business interruption disputes are set to be heard by the Court of Appeal in the coming weeks, with the first of two hearings beginning today (21 January).
PRA CEO tells Starmer his main focus is stability
Sam Woods, CEO of the Prudential Regulation Authority, has written to prime minister Keir Starmer promising to support the Labour government’s growth goal.
EY steps away from Direct Line following Aviva deal
Insurance Post understands EY has stepped down as service provider for Direct Line Group as a result of the deal with Aviva.
FCA CEO promises focus on growth in letter to prime minister
CEO of the Financial Conduct Authority, Nikhil Rathi, has written to prime minister Keir Starmer promising growth will be a “cornerstone” of the regulator’s strategy through to 2030.