Mutual that asked members for bailout goes bust
The Wren Insurance Association Limited, a mutual insurer of professional indemnity insurance for architects, has announced it will conduct a solvent exit.
Wren has long said architects suffered as a result of the Grenfell tragedy of 2017.
Since then, Wren said architects across the UK and their professional indemnity insurers have been “subject to a
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on News
John Lewis Money hires former Co-op Insurance boss
Former Co-op Insurance managing director Charles Offord has been hired by John Lewis Money as director of financial services, as the business looks to develop its broker model for credit and insurance.
Tokio Marine HCCI launches humanoid robot coverage
Tokio Marine HCC International and broker Adrian Flux are launching what they describe as the UK’s first domestic humanoid robot household insurance policy.
OpenAI reveals ‘strength and depth’ of security insurers need
Viyat Bhalodia, a member of the technical staff at ChatGPT creator OpenAI, has outlined the security controls insurers need when using artificial intelligence agents.
Insurance sector reponds to 2026 Budget
John Healey has delivered his first Budget as Chancellor of the Exchequer today (28 October), bringing in a range of changes for SMEs and UK businesses, but notably failed to act on Insurance Premium Tax rates.
Zurich’s Matthias says EU climate alliance is a ‘shared priority’
The European Union will establish a Climate Insurance Alliance, which will deliver actions to narrow the climate protection gap as Zurich’s Resilience Solutions’ global head, Robin Matthias, said the scheme was an opportunity for public-private co-operation.
Lloyds Bank picks Superscript for SME insurance
Lloyds Banking Group has selected digital insurance broker Superscript to provide business insurance to its small business customers.
Guidewire eyes AI agents as consumers of platform
Guidewire is “starting to think about AI agents as sort of first-party consumers of this platform,” according to CEO Mike Rosenbaum.
Guidewire pays £1.2bn for Hyperexponential
Guidewire is set to buy Hyperexponential for $1.7bn (£1.27bn), with $400m (£300.05m) more payable if recurring revenue targets are hit, as it looks to ‘define’ the use of artificial intelligence in underwriting.