News
Blockchain insurtech wins Norton Rose Fulbright accelerator
Blockchain insurtech Opencover has won £50,000 of investment and legal advice at the Norton Rose Fulbright 2025 Insurathon.
Motor claims payouts near £12bn in 2024
Motor insurers paid out £11.7bn in private car insurance claims in 2024, which the Association of British Insurers said is a record amount since it started collecting this data in 2013.
Premium growth to continue for the next three years
EY has predicted the steady growth of UK non-life premiums for the next three years.
McGill’s green goals; London Market group formed; Aon’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Extinction Rebellion to focus on insurance CEOs in 2025
Extinction Rebellion plans to partake in more direct insurance CEO engagement in 2025 following the perceived success of previous CEO-focused tactics.
ISC Group starts reproductive health forum
ISC Group has launched a reproductive health forum with reproductive health solutions provider Juniper, designed to drive an inclusive culture
RSA bags best underwriting result ‘in over a decade’
RSA made an underwriting profit of £172m last year, according to financial statements published by the insurer’s parent group Intact.
MPs demand answers surrounding FOS CEO’s exit
The Treasury select committee has written to both the Financial Conduct Authority and Financial Ombudsman Service about the circumstances which surrounded the departure of CEO and chief ombudsman, Abby Thomas, last week.
Q&A: Jonathan Jackson, Previsico
Jonathan Jackson, CEO of Previsico, discusses practical uses of the firm's flood risk forecasting service and its primary areas of growth over the coming year.
Law firm executives to stand trial in February 2027
Five former executives of the shuttered law firm Axiom Ince will face trial in February 2027, having been charged by the Serious Fraud Office.
Zurich posts 10% pay gap between socio-economic groups
Zurich has today (12 Feb) published its socio-economic pay gap, showing the mean (average) pay gap between employees from profession and lower socio-economic backgrounds at 10.5%.
Extreme weather hitting insurers hard
All three of Travelers, AIG and Mapfre have put emphasis on extreme weather in their latest set of results.
Extinction Rebellion to double protests this year
Extinction Rebellion plans to double direct actions staged against the insurance industry this year.
Graham Gibson steps down as Thatcham chair
Graham Gibson has stepped down as chairman of Thatcham Research’s board of directors after seven years, and has been replaced by Nick Caplan.
MGAA and ABI sign collaboration agreement
The Managing General Agents’ Association and the Association of British Insurers have signed a memorandum of understanding.
Aviva promotes Fazzini-Jones for group COO
Aviva has appointed Craig Fazzini-Jones as group chief operating officer, effective from 1 March.
Cuvva CEO predicts ‘flip away’ from PCWs
Cuvva CEO Freddy Macnamara has predicted there will be a “big flip away” from price comparison websites.
ABI and Flood Re urge long-term flood defence investment
The Association of British Insurers and Flood Re have both called on the government to commit £1bn of investment every year for flood defences after the industry made record payouts for weather-related claims in 2024.
Insurers on alert as government plans to change child sex abuse limitations
The government has put forward a bill to make it easier for victims of child sex abuse to gain an apology and to pursue historical claims in the civil court.
Markel’s Guidewire implementation; Hiscox’s FI offering; Lockton’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Abby Thomas steps down as ombudsman CEO
Abby Thomas, CEO and chief ombudsman at the Financial Ombudsman Service, is stepping down.
Palestine Action targets Allianz for the third time
Palestine Action has targeted an Allianz office in Milton Keynes just a week after hitting 15 Allianz offices across Europe.
Aviva and Probitas launch two classes in Lloyd’s
Aviva and Probitas have announced the next step in their integration, by launching two new classes in the Lloyd’s market.
Cuvva ‘eyeing’ annual motor insurance
Short-term car motor insurance firm Cuvva “has its eye on” annual motor insurance, according to CEO and founder Freddy Macnamara.