News
Aviva and Acturis partner to simplify claims process
Aviva has launched its application programming interface with Acturis, designed to streamline the claims process for brokers.
Allianz to vacate London office next year
Allianz will move its UK London office next year, with the site of its current building set to redeveloped into a 36-storey skyscraper, Insurance Post can reveal.
Two approaches to premium finance transparency: What next?
The larger premium finance providers have set their stalls out when it comes to transparency. What does it mean moving forward?
FCA reviews leave insurance firms with hefty bill
A recent freedom of information request by Sicsic Advisory has revealed insurers and intermediaries paid a total of £2.7m for FCA-commissioned skilled persons reviews in the latest financial year.
Supreme Court grants appeal on motor finance decision
The Supreme Court has agreed to hear the appeal from Close Brothers and Firstrand Bank relating to three cases around motor finance.
AA raises concerns about comprehensive motor cover
The AA has called for comprehensive motor insurance policies that do not include windscreen cover to be renamed in order to avoid complaints from consumers that policies fall short of their expectations.
Markerstudy employee prosecuted for abusing customer information
A Markerstudy employee who unlawfully accessed personal information has been handed a suspended prison sentence.
City of London to host summit to champion financial services
The City of London Corporation has today (11 December) announced the inaugural Global Risk Summit in London on 21 May 2025.
Zurich UK replaces CEO Bailey with Jaksic
Tim Bailey is stepping down as CEO of Zurich UK to become CEO of Zurich’s new global life protection business, with Drazen Jaksic named as his replacement.
Environmental Audit Committee launches flood resilience inquiry
The Environmental Audit Select Committee has launched an inquiry to identify how to boost England’s flood resilience.
Close Brothers updates commission requirements for personal lines
After telling brokers to ask for permission from commercial customers in order for it to pay premium finance commission, Insurance Post can reveal Close Brothers is adopting a similar approach for personal lines.
ABI fails to reach apprenticeship target
The Association of British Insurers will not reach its target of doubling the number of apprenticeships in insurance by 2025, according to diversity and inclusion data collected by the group.
Millions of Brits priced out of car insurance
Research by Citizens Advice has revealed that 2.6 million people don’t drive because they’re unable to afford the accelerating cost of car insurance, a figure which has jumped by almost one million in the last 12 months.
Gallagher confirms $13.45bn AssuredPartners purchase
Arthur J Gallagher & Co today (9 December) announced it has signed a definitive agreement to acquire AssuredPartners for $13.45bn (£10.5bn).
Gallagher close to agreeing $12bn deal for AssuredPartners
Reports have suggested Gallagher is close to agreeing a deal to bring AssuredPartners into the group, with a deal worth about $12bn (£9.4bn).
Myrie nets £30k from insurance industry conferences
BBC journalist and presenter Clive Myrie has netted at least £30,000 in fees for insurance industry events, including the Biba and Airmic conferences, over the past two years.
Ecclesiastical’s latest scheme; Allianz’s Uber launch; Evolution’s CEO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Direct Line accepts £3.6bn bid from Aviva
Direct Line Group has this morning confirmed it has reached a “preliminary agreement” on the financial terms of a potential acquisition of the entire share capital of Direct Line by Aviva.
All Amanda Blanc wants for Christmas is Direct Line
News editor view: Now a deal between Aviva and Direct Line Group has reached "preliminary agreement", Scott McGee looks at what the deal could mean for the future of the businesses and the wider market.
Insurance makes up almost half of FCA s166s for Q1
Financial Conduct Authority data has shown that of the 14 Skilled Persons Reports commissioned between 1 April and 30 June 2024, six were issued for insurance.
Insurers share concerns after killing of UnitedHealthcare CEO
Adrian Jones, chief of staff for international and global markets at insurtech Acrisure, observed UnitedHealthcare CEO Brian Thompson’s death was shocking and deeply concerning given the accessibility of the insurance sector’s leaders.
GBG Insurance enters liquidation
GBG Insurance has been put into liquidation by Guernsey Royal Court, following the company entering administration last December.
Gallagher promotes for three northern regional MDs
Gallagher has made a series of leadership appointments in its UK and Ireland retail division, all of which operate in the north of England, and Scotland, covering 14 regional offices and 750 people.
Zurich buys AIG’s global travel insurance business
Zurich has completed a deal to take AIG’s global personal travel insurance and assistance business for USD $600m (£473m), plus a potential earn-out payment.