News
Insurtech funding stabilising following ‘volatility’
Insurtech funding has showing signs of “maturing and becoming more selective” according to Gallagher Re’s Global InsurTech Report for the third quarter of 2025.
Ex-Esure CEO warns of seismic shift from autonomous cars
David McMillan, former CEO of Esure, has warned that the rise of manufacturer-led insurance and self-driving technology could drastically shrink the UK’s £20bn personal motor market within a decade.
PRA promises to help build ‘internationally competitive’ captives regime
Shoib Khan, director of insurance supervision at the Bank of England, has said the government's upcoming captives regime will endeavour to be “internationally competitive”.
Lloyd's grows fossil fuel premiums
Lloyd’s of London is continuing to grow its fossil fuel business, according to analysis from non-governmental research and campaigning organisation Reclaim Finance.
Admiral reveals progress on pet insurance ambitions
Pritpal Powar, pet director at Admiral, has shared the insurer is “very close” to its goal of becoming a top five pet provider in the UK.
Flood Re CEO confesses scheme ‘failing’ customers on resilience
Flood Re CEO Perry Thomas has said the organisation is “failing” in preparing customers for the resilience needed for the transition to fully risk reflective pricing for flood insurance in 2039.
Compare the Market CEO dismisses ChatGPT taking over PCWs
Compare the Market CEO Mark Bailie has argued the question of Chat GPT taking over from price comparison websites is “fundamentally flawed”.
Best Insurance launches proposition for military veterans
Best Insurance is offering tailored insurance products to Britain’s armed forces veterans.
Pan-European MGA federation launches with MGAA backing
A pan-European managing general agents federation has launched today (4 November).
Former Bravo boss Bennett resurfaces at JMG
Former Bravo Networks MD Scott Bennett has announced has joined JMG Group as group insurer director.
Claims inspector fined for sexual message to former claimant
An insurance claims inspector has been fined for sending an inappropriate sexual message to a former claimant on WhatsApp.
Yates exits EIS after almost four years
Rory Yates announced Friday (31 October) was his last day as chief strategy officer at EIS Ltd.
Ageas x RAC; Starr buys ERS-owner; Allianz's distribution director
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Sky Protect reveals first partner on new panel structure
Sky has partnered with Axa for its home insurance product, after parting ways with Zurich earlier this year.
Allianz signs five-year deal with Ticker
Allianz UK has signed a five-year partnership agreement with connected motor insurance managing general agent Ticker.
Swiss Re CEO urges ‘prevention over cure’ for climate risk
Swiss Re group CEO Andreas Berger has called for an industry-wide shift in the approach to climate risk.
AIG invests in Convex Group
AIG will acquire a 35% equity interest in Convex Group for $2.1bn (£1.6bn), participating in a whole account quota share of Convex’s business from January 1 2026.
Government launches review into whiplash reforms
The government has this week launched a post-implementation review of the Whiplash Reform Programme.
UK businesses scanned 4000 times a day by hackers
Cybercriminals are scanning the online devices of British businesses over 4,000 times a day, according to data from BT.
Insurers ‘shouldn’t have to wait’ to start automating
The take-up of AI and automation processes could be lessening insurers’ focus on complex digital transformation, according to Sasha Haco, CEO of Unitary.
Admiral argues CMA vet probe could unlock uninsured pet market
Admiral pet director Pritpal Powar has argued the Competition and Market Authority’s investigation into the veterinary services market could help insurers tap into the uninsured pet owner market.
Verisk puts Ignite on the market
Sources have told Insurance Post that Verisk is considering options with its software house Ignite, with a sale among the possibilities.
Majority of Brits concerned about self-driving vehicle safety
An Allianz survey has found British people are the most concerned in Europe about self-driving cars.
Belfor calls for clarity in claims data collection
Managing director of Belfor UK Hein Hemke has argued insurers must communicate the purpose of added data collection as they make the claims process more data-driven.