News
Three UK insurers to launch ChatGPT apps
Three UK insurance companies are in the approval process with OpenAI for artificial intelligence ChatGPT apps.
Zurich given deadline extension for Beazley bid
Zurich has been given a deadline extension to submit its firm offer for Beazley.
Allianz’s unemployment insurance; Acrisure's MGA network; Lucida's CUO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Enter Best Insurance Employer 2026 today
If you work for one of the greatest employers in the insurance industry and want to shout about it, make sure you complete Insurance Post’s Best Insurance Employer survey today.
Admiral buys Flock for £80m
Admiral Group has bought commercial fleet insurtech Flock for £80m, subject to regulatory approval.
ICO secures more prosecutions for insurance data breaches
The Information Commissioner’s Office has secured two further convictions following its investigation into the unlawful accessing and sale of personal information.
Lady Mayor warns fake news is risk to City
Lady Mayor of London Dame Susan Langley has expressed concern that international perceptions of the capital as a dangerous city could be a “risk to the industry”.
UK motor insurance once again hits record claims payouts
The Association of British Insurers has today (11 Feb) revealed UK insurers have once again hit record payments for motor claims.
Aviva to launch pet insurance product this year
Insurance Post can exclusively reveal Aviva is developing its own pet insurance product, with a view of launching in Q4 this year.
CyberCube appoints new CEO
Chris Methven has been appointed CEO of cyber risk analytics provider CyberCube, as former chief Pascal Millaire takes the role of senior advisor.
2026 to see more ‘selective’ but still frequent consolidation
Insurance market consolidation is set to continue in 2026, driven by private equity exit cycles and specialist acquisitions, according to Sicsic Advisory founder Michael Sicsic.
AIG completes $2.1bn Convex stake acquisition
AIG has completed its $2.1bn (£1.5bn) acquisition of a 35% minority stake in specialty insurer Convex.
Ecclesiastical sees 20% uptick in fraud detection
Ecclesiastical Insurance’s claims team investigated more than 280 cases of suspected fraudulent activity during 2025, representing a 20% increase on 2024.
Aviva’s minifleet proposition; Antares’ restructuring; IUAD’s board member
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Lloyd’s reportedly shelves Blueprint Two
Lloyd’s has shelved its major technological transformation project Blueprint Two after years of delays.
JP Morgan finally enters UK insurance market
Almost two-and-a-half years after Insurance Post revealed a product was in the works, JP Morgan's Chase Bank has officially entered the UK's insurance market.
Industry must break ‘reactionary dynamic’ with SME market
Current approaches to SME insurance are too reactive and cyclical, and are contributing to underinsurance, according to Markel UK managing director Lee Mooney.
Zurich agrees £8bn deal to buy Beazley
Zurich Insurance Group has moved a step closer to buying Beazley after the two companies confirmed agreement in principle on the key financial terms of a deal.
Aviva’s Storah tackles gap between price and value
Aviva’s UK GI CEO Jason Storah has said the Financial Conduct Authority’s Consumer Duty has prompted a deeper focus on customer needs, exposing a disconnect between a price-driven market and what policyholders actually care about.
FCA still sees 'room for improvement' within UK insurance
The Financial Conduct Authority’s deputy CEO Sarah Pritchard has said the motor, home and travel insurance market has "room for improvement," but ruled out undertaking any sweeping action.
FCA ‘not planning market-wide’ changes to premium finance
The Financial Conduct Authority has this morning (3 February) confirmed it is not planning any market-wide action around premium finance, after a report suggests firm-by-firm action has saved consumers around £157m per year.
FCA hits Markerstudy with growth restrictions
The Financial Conduct Authority and Markerstudy have agreed a cap on customer numbers for the insurance group while concerns raised by the regulator are addressed.
How Tesco is using Clubcard data to shake-up insurance
Tesco Insurance and Money Services has revealed how it will leverage one of the UK’s most powerful retail data assets, the Clubcard loyalty programme, to reshape the insurance market.
Aviva Private Clients launches in Lloyd’s
Aviva has launched its high-net-worth proposition in the Lloyd’s market.