News
Lloyd's grows fossil fuel premiums
Lloyd’s of London is continuing to grow its fossil fuel business, according to analysis from non-governmental research and campaigning organisation Reclaim Finance.
Admiral reveals progress on pet insurance ambitions
Pritpal Powar, pet director at Admiral, has shared the insurer is “very close” to its goal of becoming a top five pet provider in the UK.
Flood Re CEO confesses scheme ‘failing’ customers on resilience
Flood Re CEO Perry Thomas has said the organisation is “failing” in preparing customers for the resilience needed for the transition to fully risk reflective pricing for flood insurance in 2039.
Compare the Market CEO dismisses ChatGPT taking over PCWs
Compare the Market CEO Mark Bailie has argued the question of Chat GPT taking over from price comparison websites is “fundamentally flawed”.
Best Insurance launches proposition for military veterans
Best Insurance is offering tailored insurance products to Britain’s armed forces veterans.
Pan-European MGA federation launches with MGAA backing
A pan-European managing general agents federation has launched today (4 November).
Big Interview: Mike van der Straaten, Antares
Mike van der Straaten, CEO of Antares, sits down with Harry Curtis to discuss QIC Global’s rebirth as Antares, why it swapped its Maltese entity for a UK one, and its retail strategy.
Former Bravo boss Bennett resurfaces at JMG
Former Bravo Networks MD Scott Bennett has announced has joined JMG Group as group insurer director.
Guidewire eyes retail broking and reinsurance for ‘next chapter’
Guidewire is experimenting with building solutions to connect its customer base of primary insurers with reinsurers and retail brokers, the company’s group vice president Charles Clarke has told Post.
Claims inspector fined for sexual message to former claimant
An insurance claims inspector has been fined for sending an inappropriate sexual message to a former claimant on WhatsApp.
Yates exits EIS after almost four years
Rory Yates announced Friday (31 October) was his last day as chief strategy officer at EIS Ltd.
Ageas x RAC; Starr buys ERS-owner; Allianz's distribution director
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Sky Protect reveals first partner on new panel structure
Sky has partnered with Axa for its home insurance product, after parting ways with Zurich earlier this year.
Technology arms race to fuel London market M&A
Companies in the London market will increasingly pursue peer-to-peer technology integration driving greater facilitation and more mergers and acquisitions, Guidewire’s London market lead Jamie McDonnell has predicted.
Allianz signs five-year deal with Ticker
Allianz UK has signed a five-year partnership agreement with connected motor insurance managing general agent Ticker.
HW Kaufman plans to establish Lloyd’s vehicle within two years
HW Kaufman plans to set up a Lloyd’s syndicate within the next two years as part of its international expansion efforts, executives have told Post.
Swiss Re CEO urges ‘prevention over cure’ for climate risk
Swiss Re group CEO Andreas Berger has called for an industry-wide shift in the approach to climate risk.
AIG invests in Convex Group
AIG will acquire a 35% equity interest in Convex Group for $2.1bn (£1.6bn), participating in a whole account quota share of Convex’s business from January 1 2026.
Government launches review into whiplash reforms
The government has this week launched a post-implementation review of the Whiplash Reform Programme.
UK businesses scanned 4000 times a day by hackers
Cybercriminals are scanning the online devices of British businesses over 4,000 times a day, according to data from BT.
Guidewire CEO maps insurance sector’s AI transformation
Guidewire CEO Mike Rosenbaum has outlined how he thinks generative artificial intelligence and large language models will change the insurance industry.
Insurers ‘shouldn’t have to wait’ to start automating
The take-up of AI and automation processes could be lessening insurers’ focus on complex digital transformation, according to Sasha Haco, CEO of Unitary.
Admiral argues CMA vet probe could unlock uninsured pet market
Admiral pet director Pritpal Powar has argued the Competition and Market Authority’s investigation into the veterinary services market could help insurers tap into the uninsured pet owner market.
Verisk puts Ignite on the market
Sources have told Insurance Post that Verisk is considering options with its software house Ignite, with a sale among the possibilities.