News
Dashcam footage exposes fake injury claim against Axa
A £74,000 personal injury and vehicle damage claim against Axa has been rejected after dashcam footage showed the claimant wasn’t even in the vehicle at the time of the collision.
MGA satisfaction with claims processes hits new low
Clyde & Co’s 2025 MGA Opinion Report has found that managing general agent claims management process dissatisfaction has worsened over the past two years.
SiriusPoint International on track to hit $750m GWP this year
SiriusPoint International is on track to write in the region of $750m of premium by the end of 2025, Post can reveal.
Atec Group CEO outlines plan to buy bolt-on businesses
Brendan Devine, CEO of Atec Group, has revealed how he will triple the size of the business in the next five years through a combination of M&A and organic growth.
Hybrid fronts tipped to become ‘prevailing’ insurance model
Hybrid fronting is increasingly gaining market acceptance and has the potential to become the “prevailing” model of insurance, Bridgehaven chairman Erik Matson has said.
MBC’s Clear rebrand; MS Amlin’s simplification; CFC chief tech officer
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
FCA’s Brewis reacts to CPD backlash
The Financial Conduct Authority’s director of insurance Matt Brewis has responded to criticism of the regulator’s proposal to ditch the requirement for 15 hours of continuous professional development a year.
Biba unveils changes to board
The British Insurance Brokers Association has announced a departure and two additions to its main and Larger Brokers’ Advisory Board.
Insurance Post writers pick up two WTW Media Awards
Insurance Post contributor Edmund Tirbutt and senior reporter Damisola Sulaiman picked up two of the top prizes at the 20th WTW Media Awards.
Dual’s Dixon says an MGA is for life, not just for Christmas
Catherine Dixon, chief underwriting officer at Dual, has urged brokers to foster more stable, consistent relationships with MGAs, arguing too often partnerships shift with market cycles.
ABI Fire Safety Facility cover limit raised to £75m
The Fire Safety Reinsurance Facility has been expanded, allowing participating insurers to now cover losses of up to £75m.
Zurich seeks consistent guidance at lift safety summit
Zurich Engineering is joining forces with a host of major players in lift and escalator safety to push for consistent and standardise reporting to reduce the number of people who get stuck in lifts every year.
Brokers now ‘far more serious’ about fair value
Sean Byrne, managing director of Got You Covered, believes broker woes with fair value assessments are firmly in the past.
Highest performing MGAs of 2025 revealed
NBS Underwriting has been named the best-performing MGA in the UK by market intelligence firm Insurance DataLab.
Supreme Court to decide if insurers can keep furlough ‘windfall’
The Supreme Court has granted policyholders permission to appeal the issue of furlough payments in relation to Covid-era business interruption claims.
FCA’s plan to scrap 15-hour CPD faces backlash
Four out of five insurance professionals believe the Financial Conduct Authority’s plan to scrap its 15-hour minimum annual continuous professional development requirement would harm the profession’s reputation, according to a Chartered Insurance…
Ageas issues warning over recruitment scam
Ageas has drawn attention to a scammer claiming to advertise positions at the business over WhatsApp, prompting potential victims to stay vigilant.
FCA clarifies stance on non-financial misconduct rules
The Financial Conduct Authority has confirmed that bullying, harassment and violence against colleagues qualifies a breach of the regulator’s conduct rules for insurers.
Staysure doubling down on aggregator growth
Staysure’s chief growth officer, Simon McCulloch, has described how the travel insurance provider is investing heavily in price comparison sites, as well as relaunching its own.
Urban Jungle posts £6.2m loss for 2024
Urban Jungle has reported a £6.2m loss for the year ending 30 September 2024.
Owen Morris named personal lines CEO as Aviva completes DLG deal
Owen Morris has been appointed CEO of Aviva’s UK personal lines business, as the insurer completes its £3.7bn deal to bring in Direct Line Group.
CMA clears Aviva’s £3.7bn takeover of DLG
The Competition and Markets Authority (CMA) today (1 July) approved Aviva’s £3.7bn takeover of Direct Line Group.
Rise in investor lawsuits threatens to reshape UK D&O market
A rise in collective legal actions brought by shareholders against listed UK companies could reshape the market for directors’ and officers’ cover, chair of Clyde & Co’s global insurance practice group James Cooper has warned.
Cut-price car insurance after haggling raises fair value doubts
A large number of consumers achieved reductions in motor insurance premiums by haggling with their insurers, a survey from consumer group Which? has shown.