News
Lloyd’s CEO says culture isn't a side project
Lloyd’s CEO Patrick Tiernan opened the market’s Dive In festival this morning (16 September), calling culture “not a side project” but the foundation of long-term performance.
Protestors disrupt Lloyd’s Dive In festival launch
Protestors interrupted the launch of the Dive In festival this morning (16 September), walking on stage as Lloyd’s CEO Patrick Tiernan opened the London market’s annual diversity and inclusion event.
Allianz Broker raids Ageas for Nicola George’s successor
Glyn Hughes has been named managing director of Allianz Personal Broker, following the departure of Nicola George in late August.
Landfill Tax overhaul could push up insurance prices
Peter Wassell, technical director of Sedgwick Repair Solutions, has warned the government’s plan to reform Landfill Tax could have unintended consequences for insurance premiums.
Zurich’s fleet change; Ariel Re’s syndicate; Applied’s purchase
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cyber insurers grapple with AI and automation risks
Insurers are rethinking how to underwrite cyber risks amid the rise of artificial intelligence and autonomous technologies, according to speakers at Insurance Post’s latest Underwriting Club debate.
Ditch ‘pre-existing condition’ terminology to fight travel insurance pain point
The industry should leave behind the term ‘pre-existing condition’ in order to lessen the rate of under-declaration in medical screenings, delegates have heard.
Allianz GenAI tool saves 135 days of underwriter time in a year
Allianz has rolled out a generative AI underwriter guidance tool, which has saved underwriters an estimated 65,000 minutes or 135 working days of information gathering since its pilot in September.
Repair costs still rising despite improvements to body shop capacity
Repair costs are set to continue to increase into 2026, despite a decreasing rate in accidents and improved body shop capacity, Matt Thorby, head of motor at Verisk Claims has told Insurance Post.
21 insurtechs compete for a place in Lloyd’s Lab cohort 15
Lloyd’s Lab conducted a pitch day for its 15th cohort on Tuesday (9 September), which saw 21 firms face off for one of the 10 spots in the 10-week accelerator programme.
Aviva’s DLG takeover: Why social media can’t be an afterthought
After Aviva completed its £3.7bn takeover of Direct Line, Adam Biddle, CEO of marketing agency Gh0st, explores why social media visibility is critical when financial brands merge.
AI agents could join insurance workforce within next three years
Erez Barak, chief technology officer at insurtech Earnix, has told Insurance Post artificial intelligence agents could join the insurance workforce in the next “12 to 36 months.”
Former Gable CEO found liable for £5m misappropriations
The former CEO and chief financial officer of insurer Gable, which collapsed in 2016, have been found liable for millions of pounds in legal proceedings brought by the company’s liquidators.
Fraudsters using AI ‘next great threat’ to insurance industry
Generative artificial intelligence in the hands of fraudsters has the potential to be a huge threat, but the industry must fight fire with fire, delegates have heard.
TifGroup looks to rival Verisk with Protectif screening tool
TifGroup has opened up its medical screening tool, Protectif, to the wider travel insurance market as it looks to challenge Verisk and take a “piece of the pie”, Insurance Post can reveal.
Verisk flags ‘big hole’ in property claims net zero understanding
Head of property claims solutions at Verisk Ben Blain has argued there is a “big hole” in the understanding of scope three emissions within property claims.
Santam unveils syndicate exec team after Lloyd’s approval
Santam has revealed the executive team to lead its newly launched syndicate, 1918.
Unum UK enters health cash plan market
Unum UK has entered the health cash plan market, with Mark Till, CEO of Unum UK, revealing the insurer intends to become a top three provider.
Percayso names new group CEO as Tomlinson exits
Percayso has hired Keith Binley to be group CEO as Richard Tomlinson leaves the business after seven years.
Aviva’s Storah calls for pricing sanity not vanity
Aviva’s UK and Ireland General Insurance CEO Jason Storah has called for the market to show more pricing sanity as the market softens.
Nexus CEO exits after email investigation
Nexus Underwriting CEO Stuart Rouse has stepped away from the business following an internal investigation into an “offensive” all-staff email, with Steve Hearn replacing him on an interim basis.
Ageas joins Co-op panel; Aon sponsors F1 Ferrari; Descartes hires new CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
HSB hires former Das boss Burke as CEO
Specialist engineering insurance and inspection services provider HSB UK & Ireland has appointed Andrew Burke, ex-CEO of Das UK Group, as its new CEO.
Tiernan denies Lloyd’s has done a u-turn on fossil fuels
Lloyd’s of London CEO Patrick Tiernan has denied claims the marketplace will no longer ask insurers to stop providing insurance cover for fossil fuels.