News
ManyPets overhauls product range
ManyPets has unveiled an entirely new range of insurance, which the provider says is its “biggest change to insurance plans since it launched pet insurance in 2017”.
Dive In 2025 pushes belonging to the top of insurance’s agenda
Lloyd’s festival for talent and culture, Dive In, returns from 16 to 18 September 2025, rallying the industry around the theme: “Belonging builds tomorrow”.
Applied Systems significantly scales back UK operations
Applied Systems has confirmed the move to pull back its UK operations, by removing its Epic product from the market.
Treasury set to greenlight new UK captives regime
HM Treasury is expected to push ahead with plans to reform regulations in order to encourage the growth of a UK captives sector.
Extinction Rebellion demands RFU drop Allianz sponsorship
Extinction Rebellion has called on the Rugby Football Union to drop Allianz’s sponsorship of Twickenham Stadium due to its provision of insurance for fossil fuels.
Brown & Brown swoops for Risk Strategies parent firm
US-based broking firm Brown & Brown has agreed a deal to acquire Accession Risk Management Group, the parent company of Risk Strategies.
FCA promotes Pritchard to deputy CEO role
Sarah Pritchard has been appointed deputy chief executive of the Financial Conduct Authority.
Markerstudy sets up premium finance division
Markerstudy has created a new specialist division, focusing on all premium finance activities across the group.
Sonya Bryson to depart RSA
Sonya Bryson is leaving RSA just 18 months after being appointed MD of the joint commercial lines business.
Father and son sentenced over ghost broking scam
A father and son have been sentenced for their roles in a fraudulent car insurance scheme, following an investigation led by the City of London Police’s Insurance Fraud Enforcement Department.
FCA to help insurers with AI experimentation
The Financial Conduct Authority has launched a "Supercharged Sandbox" to help insurers experiment safely with artificial intelligence.
Allianz Broker sets sights on non-standard growth
Allianz Broker’s managing director Nicola George is aiming to grow the company’s non-standard motor book, in a bid to insure “more of people’s driveways”.
C-Quence boss: ‘Change narrative’ for better customer outcomes
The insurance industry needs to “adapt, innovate and overcome” to get close to achieving the service standards and operational efficiencies that should be afforded by recent technological advancements.
Ransomware ban could lead to higher claim costs
The government’s proposed ban on ransomware payments is “well intentioned” but lacks “nuance”, according to Tom Egglestone, head of international claims at Resilience.
FCA finds more insurance requirements that are ‘no longer needed’
Following the launch of a consultation where the Financial Conduct Authority is proposing to decommission certain regular returns and remove the relevant sections from SUP 16, the regulator has identified more returns it deems are “no longer needed”.
Aventum seeks consumer scale in specialty through AI tools
Aventum Group aims to grow the volume of specialty business to the scale of consumer lines through the use of artificial intelligence (AI) tools, according to chief technology officer Hasani Jess.
Axa's breakdown cover; Aviva x Acturis Unify; One Sure acquires broker
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Markerstudy to ditch self-build genAI tool for partner product
Markerstudy is set to replace its self-build call summarisation generative artificial intelligence tool with an off-the-shelf product from one if its partners in the next six months.
Claims managers warned against trying to ‘solve the world’ using AI
Insurers and brokers are looking for the “golden nuggets” – but progressing with caution by keeping “the human in the loop” when it comes to integrating artificial intelligence (AI) into their property claims functions.
Ki slashes model development from years to weeks with genAI
Ki’s technology managing director Alan Tua has revealed how switching from traditional machine learning models to generative artificial intelligence models for algorithmic underwriting has resulted in “double digit” accuracy improvements.
Auto Windscreens calls for more regulation in vehicle repairs
James MacBeth, managing director of Auto Windscreens, has called for more regulation of motor vehicle repairs and for ADAS technology to be part of a vehicle’s MOT.
Aviva harnessing GenAI for underwriter augmentation
Aviva is predominantly using generative artificial intelligence to augment underwriting, according to director of innovation Jason Chambers.
Axa reveals genAI enabled Lloyds Bank partnership
Paul Hollands, chief artificial intelligence and data officer at Axa UK, has revealed how the efficiencies brought about by generative AI enabled the insurer to partner with Lloyds Banking Group for its motor portfolio without hiring for new roles.
ABI names Bose as Skeet’s replacement
Chris Bose has been appointed director of general insurance and international at the Association of British Insurers, replacing Mervyn Skeet who departed last year.