News
Cliff to succeed Keese as Lloyd’s CFO
Lloyd’s chief financial officer Burkhard Keese is set to step down later this year, to be succeeded by his deputy Alexandra Cliff.
Tributes paid to insurance industry veteran Douglas Shillito
Insurance industry veteran and former Post contributor Douglas Shillito passed away on 11 January.
Extinction Rebellion identifies ‘wanted’ CEOs
Extinction Rebellion has targeted five insurance companies in the City of London this morning (30 January).
Two insurers fall short as Gracechurch hands out service awards
18 insurers across the UK regional and London markets have been awarded service quality marques by Gracechurch.
Generali chief predicts insurtech funding boost
Generali group head of innovation Danilo Raponi has predicted that the insurtech funding outlook for 2025 is positive.
Nigel Walsh leaves Google Cloud
Nigel Walsh, Google Cloud’s global head of insurance, has stepped away from the company.
Ten plead guilty to £320K ‘crash for cash’ fraud
An organised crime group that pocketed more than £320,000 through a ‘crash for cash’ scheme has been caught after multiple insurers raised concerns about claims.
Palestine Action targets 15 Allianz offices overnight
Protest group Palestine Action claims to have targeted 15 Allianz offices across Europe, including nine in the UK, over the insurer’s links to weapons manufacturer Elbit Systems.
More claims expected from Storm Éowyn after 800% initial spike
Storm Éowyn caused an eightfold increase in claims notifications within an hour of hitting Northern Ireland last week, loss adjuster Crawford has reported.
Fitch expects mixed fortunes for UK non-life insurers in 2025
Fitch Ratings has predicted that the UK non-life insurance sector will have mixed fortunes in 2025, with some parts of the market facing an uphill battle to turn a profit.
Holloway replaces Lickens as Clear Group’s M&A lead
Clear Group has named Oscar Holloway as its managing director of mergers and acquisitions, replacing Howard Lickens.
Ki ‘well on its way’ to using AI
Ki Insurance is “well on its way” to using artificial intelligence in its system, according to CEO Mark Allan.
Insurance Fraud Bureau investigating 140 fake adverts
The Insurance Fraud Bureau is currently investigating 140 claims linked to paid-advert spoofing activity, collectively worth £1.82m.
D&G now delivering Uber-like claims experience
A year on from buying US-based insurtech Nana Technologies, which has a data-driven repair platform that handles all aspects of the repair logistics process, Domestic & General’s CEO Matthew Crummack has revealed the insurer now offers an “Uber-like”…
Ignite targeting £50m of home premium per year by 2027
Ignite has told Insurance Post that, following its partnership with Ageas and Yoga, it’s aiming to generate £50m of home premium a year by 2027.
Percayso’s quote platform; Lloyd’s milestone; Brokerslink’s president
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz appoints Phuong Ly as UK commercial MD
Allianz has appointed Phuong Ly, who is currently chief general manager of commercial lines for its Australian business, as its next UK commercial lines managing director.
Blueprint Two build on track for Q1 completion
Lloyd’s deputy chief financial officer Alexandra Cliff has said the technology build for the market’s Blueprint Two modernisation programme is set to complete by the end of Q1.
Allianz and LV to merge claims operations
Allianz has started the process to merge the claims operations of both Allianz Commercial and Allianz Personal, which includes LV, Insurance Post can reveal.
PIB takes Howden to court over team exodus
PIB Group has launched legal proceedings in the High Court against Howden and several individuals, including founder and CEO David Howden.
CFC CEO Andy Holmes leaves board as he takes on new role
CFC Underwriting CEO Andy Holmes has been appointed as CFC’s group capacity director, with the responsibilities of his previous role being merged with those of group CEO Louise O’Shea.
Aon doubling new business going into 2025 compared to 2024
Aon UK and Ireland CEO Jane Kielty has told Insurance Post that Aon has “twice as much new work” with existing clients and double the number of new clients going into 2025 than it did going into 2024.
Insurance solution to reopen Ukraine’s airports in the works
Marsh McLennan CEO John Doyle has said that work is under way on an insurance solution that will allow Ukrainian airports to reopen.
NFU Mutual sticks to its guns in coverage dispute
NFU Mutual has maintained that 38 businesses suing the insurer for Covid-era losses are not entitled to be indemnified under the terms of an extension to their policies.