News
Jensten’s Birch says M&A drive ‘will not slow down’
Gareth Birch, who recently joined Jensten from Gallagher as CEO for broking, has told Insurance Post that M&A “will not slow down” as he is tasked with bringing together the acquired businesses under one operating model.
Aviva calls for forward-looking climate risk modelling
Insurers are relying too heavily on historical risk data, contributing to a widening protection gap as climate-related losses become more frequent and severe, according to Aviva.
Post’s Luckham scores hat trick at Biba Media Awards
Tom Luckham, senior reporter of Insurance Post, picked up three trophies including Journalist of the Year at the British Insurance Brokers’ Association's Journalist & Media Awards.
Mission CEO confirms HNW launch with Aviva execs
Mission CEO Ross Dingwall has today (1 July) confirmed that the executives who left Aviva Private Clients in May, have joined him to set up a new HNW product.
Flood Re halves premiums for low-income households
Flood Re will more than halve contents insurance premiums for some lower-income households as part of a major overhaul that ministers say will make flood insurance fairer, reward resilience and prepare the scheme for its planned closure in 2039.
Acrisure UK CEO and CFO both resign
Acrisure UK CEO Mark Mcilquham and joint-CFO and chief operating officer Katherine Cross have resigned their posts at the company, a spokesperson has confirmed.
Bspoke’s Smyth to replace Manchester as MGAA chair
The Managing General Agents’ Association has appointed Bspoke Group chair Tim Smyth as its new chairman.
Quantexa warns AI fraud could leave smaller insurers exposed
Organised artificial intelligence fraud is likely to shift from large insurers to smaller rivals as major carriers improve their detection capabilities, Quantexa’s global head of insurance fraud solutions, Shyam Bhatt, has warned.
Zurich’s Hackett urges industry to win over Gen Z talent
Gen Z graduates are ‘bright’ and the industry needs to position itself as an attractive place to start a career for them, according to Bernadette Hackett, head of customer and distribution UK at Zurich.
Charity accuses Lloyd’s agents of ‘underperforming’ on climate change
Climate change progress has stalled significantly since 2024, with Lloyd’s managing agents performing worse across the board in ESG underwriting practices, according to a charity’s major climate change assessment.
Poverty premium adds £224 to motor insurance costs
The “tax on being poor” identified by the Financial Conduct Authority’s former head of insurance Matt Brewis remains firmly in place, according to new research from Fair By Design and the University of Bristol’s Personal Finance Research Centre.
Specialty growth helps Crawford weather quieter claims year
Crawford UK and Ireland president Paul Lofkin has reflected on the claims environment so far this year, and reveals the business is no longer looking at the weather out of the window, but focusing on global risks.
FCA proposes further simplification of insurance rules
The Financial Conduct Authority has today (29 June) launched a consultation, proposing further simplification of insurance rules.
CFC’s Poole outlines growth blueprint for specialist insurer
CFC CFO Jane Poole’s priority is helping the specialist insurer maintain underwriting discipline and operational agility as it pursues further international expansion.
Roles that got a pay increase or cut in insurance revealed
Salary changes were uneven across the insurance industry in 2025, with some roles seeing significant increases while others experienced dips, while data highlights big differences between regions.
Guy Carpenter’s restructure; Addept’s capacity; Santam’s claims chief
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Hiscox CIO sets vision for fully AI-enabled workforce
Hiscox is aiming to create a workforce where every employee uses artificial intelligence as part of their role, according to group chief information officer Chris Loake.
Microsoft insists Copilot will support – not replace – underwriters
Microsoft is seeing growing demand for artificial intelligence across insurance operations, but the technology is intended to augment employees rather than replace them, according to the technology giant’s UK insurance lead.
CFC warns silent AI cover could create pandemic-like challenge
Louise O’Shea, group CEO of CFC, has warned that AI risks need to be accounted for with affirmative stances to avoid “unclear” situations.
What could Burnham mean for insurance M&A?
After Prime Minister Sir Kier Starmer announced his intention to resign once a new leader of the Labour Party is elected, and his successor appearing to be set in stone, Scott McGee wonders what effect this could have on firms looking to acquire.
Industry agrees on maximum daily credit hire fees
New maximum daily hire rates, agreed between insurer and credit hire company subscribers to the general terms of agreement, come into force from 1 July following another successful independent rate review.
CFC’s Poole recalls challenge of Direct Line takeover
Jane Poole, former chief financial officer of Direct Line Group, has reflected on the challenge of leading through months of uncertainty during Aviva’s takeover of the insurer.
Axa XL and Scor stress need for multi-peril climate change insurance
Axa XL and Scor have said multi-peril coverage, in comparison to parametric solutions, can increase investor confidence for successful climate change coverage.
Ageas CEO outlines MGA ambitions
Ageas has set up an arm of the company to enter the MGA market, group CEO Hans De Cuyper has said.