News
Aviva detects £60m of claims fraud in first half of 2025
Aviva has detected and intercepted over 6000 fraudulent insurance claims in the first half of 2025, amounting to over £60m, the insurer reported this morning.
CFC appoints Jane Poole as group CFO
Former Direct Line Group chief financial officer Jane Poole will be joining CFC in September, subject to regulatory approval.
Viral sign-holding graduate secures Howden internship
Alexander Mani, a job-seeking economics graduate who stood outside the Lloyd’s building for 10 hours holding a self-advertising sign this summer, has secured an internship at Howden.
Jensten finds buyer in Bain Capital
Jensten is set to be bought by private equity firm Bain Capital, following two years of attempts to find a buyer.
Ferma urges insurers to ditch transition risk exclusions
The Federation of European Risk Management Associations has called for insurers to stop imposing “blanket exclusions or one-size-fits-all pricing” when insuring transition-related risks.
Starpeak x Peach; Liiba’s commercial report; Aon’s head of professional services
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Home Protect ready to roll out AI-powered claims system
Home Protect is getting ready to launch a fraud detection and claims settlement system in September that chief technology officer Dan Huddart has called a “genuine game changer” for insurance.
Nicola George to depart Allianz Broker
Allianz Personal Broker’s managing director of personal lines will depart the business in October, the company has confirmed.
Insurance push needed to tackle women’s rugby online abuse
Imogen Mitchell-Webb, head of sport at law firm HF, has called on insurers and brokers to assist in curbing the prominence of online abuse in women’s rugby.
Allianz x Evoke; Pen’s Bridgehaven partnership; AIG’s chief digital officer
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Climate change fuels demand for UK offshore wind cat model
The effects of climate change have created demand for more granular catastrophe models for offshore wind projects in the UK, according to head of renewables, power and energy at McGill & Partners Tom Sexton.
Court decision creates transgender PI ‘compensation lottery’
Minster Law has warned that the recent Supreme Court ruling on the definition of sex in the Equality Act has created uncertainty for personal injury compensation calculations for transgender claimants, which could result in award differences of up to six…
Gallagher’s M&A appetite ‘undimmed’ following AssuredPartners acquisition
Gallagher’s appetite for acquisitions has not been blunted by the completion of its $13.45bn (£9.93bn) purchase of AssuredPartners, UK CEO Michael Rea has told Insurance Post.
Two in five insurers say tech platforms miss the mark
Insurers and MGAs see digital platforms as vital to their operations, yet some remain frustrated with their technology's ability to deliver, according to research from Covernet.
Aviva-backed AI broker raises £950K
Artificial intelligence-native insurance broking platform Meshed has raised £950,000 in a pre-seed fundraise.
Bspoke independence ‘set in stone’ after acquisition
NFP has committed to allowing Bspoke to run “completely independently”, having brought a long search for an MGA acquisition target to an end with the deal struck last week.
Allianz commits to EV fleet transition by 2030
Allianz UK has committed to transition to an electric vehicle fleet by the end of 2030.
SRG buys broker; Evolution’s office; Davies’ insurance CEO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva’s Storah flags quick wins with Direct Line
Jason Storah, Aviva’s UK and Ireland general insurance CEO, has outlined early operational wins from the Direct Line takeover, and shared his growth plan for personal, commercial and specialty lines for the latter half of 2025.
Admiral hits record £521m profit and boosts staff awards
Admiral’s profits have continued to soar, with pre-tax profits for its UK insurance business up 61% to £584m compared to midway point of last year.
Aviva’s Direct Line deal triggers £500 staff gift
Aviva has posted an operating profit of £1.07bn for the first half of 2025, up 22% on the start of 2024, and to “celebrate and recognise the acquisition” of Direct Line is giving £500-worth of free shares to staff in September.
RSA-to-Intact rebrand to kickstart with e-trade products
RSA is set to mark its imminent rebrand to Intact by rolling out five new e-trade products designed to bring together the best of the existing RSA and NIG product sets, according to commercial lines managing director Tovah Grosscurth.
Repair network growth drives EV insurance rate softening
Premiums are decreasing following harsh rate increases in 2023, according to data from Consumer Intelligence.
Motor premiums fall £60 year-on-year
Motor insurance premiums have fallen by £60 over the last year, while claims payouts increased significantly, according to data from the Association of British Insurers’ quarterly premium tracker.