News
Extinction Rebellion issues fossil fuel ultimatum to 52 insurance firms
Extinction Rebellion has given insurers 14 days to announce they will no longer be insuring new fossil fuel projects.
Hiscox’s Hemming reveals ‘bold ambition’ for distribution
Gareth Hemming, who joined Hiscox UK as chief distribution officer a year ago, has shared what brokers can expect from the insurer in the next 12 months.
Hurricane Milton insured losses to run into the tens of billions
The insurance industry is likely to suffer losses of tens of billions of dollars from damage inflicted by Hurricane Milton last week, according to early estimates.
Ex-Crawford UK president Lisa Bartlett resurfaces at Gallagher
Lisa Bartlett has been appointed as managing director of Gallagher’s Birmingham office, following her resignation from Crawford earlier in the year.
HMRC tax credit swings CII into surplus
The Chartered Insurance Institute has finally swung back into a surplus of funds thanks to a tax credit from HM Revenue & Customs.
ISC Group names Powell CEO
After six months as interim managing director of ISC Group, Carmen Powell has been made CEO of the organisation dedicated to the development and advancement of women in insurance.
Lloyd’s risk code offers ‘breathing space’ for transition support
Lloyd’s transition TCX class offers syndicates “breathing space” for supporting the energy transition, according to class underwriter for onshore energy at Chaucer Alex Nelson.
FCA’s Mills says Consumer Duty needn’t inhibit growth
Sheldon Mills, the Financial Conduct Authority’s executive director for consumers and competition, has insisted that the Consumer Duty is not the block to growth that some people think it is.
First black Lloyd’s broker champions diversity lectures
Lloyd’s of London’s first Black broker David Flint said the Inclusive Futures Flint Lectures provide ethnic minorities with the means to survive at Lloyd’s.
Ageas confirms exclusive talks over Saga ‘partnership’
Ageas has confirmed it has entered into negotiations with Saga for the distribution of motor and home insurance products to Saga's customers.
Ageas’ AI fraud tool; Clear’s Wycombe partnership; Moonrock’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers push for another Supreme Court Covid BI trial
At least four insurers have sought permission to appeal a September court ruling on Covid-related business interruption claims to the Supreme Court, Insurance Post can reveal.
Arc Legal appoints Lee Taylor as CEO
Lee Taylor has been named as the successor to Arc Legal CEO and founder Frank O’Malley, joining the managing general agent from Allianz Partners.
Broker stress reaches five-year high
Broker stress has risen to the highest level since 2019, according to research from Ecclesiastical.
Government exposes ‘cavernous’ motor injuries justice gap
Personal injury claims for crashes in the UK decreased between 2020 and 2023, while the number of road injuries increased, according to the latest government data.
Tesco’s fraud head is latest to join Direct Line’s top team
Ami North, Tesco Underwriting’s head of personal injury and fraud, is leaving to take up a role at Direct Line Group, Insurance Post can reveal.
Motor premiums dip as home increases
Pearson Ham’s latest general insurance price index for Q3 has revealed that motor insurance premiums have decreased, while home is expected to increase.
Palestine Action group targets 10 Allianz offices
Protest group Palestine Action has targeted 10 Allianz offices across the country over the firm’s investment and insurance for Israel’s weapons manufacturer, Elbit Systems.
Admiral’s UK insurance CEO Cristina Nestares steps down
Admiral Group has today announced that Cristina Nestares is stepping down as CEO of its UK insurance business, effective immediately.
RTA claim lands lying litigator in legal limbo
A paralegal who was found to have lied during their road traffic accident claim has been sentenced to one year in prison, suspended for two years.
Ripe buys boat insurer GJW Direct from Munich Re
Ripe has bolstered its share of the marine insurance market by buying GJW Direct from owner Munich Re’s Specialty.
Treloar returns to insurance on Zego’s board
Steve Treloar is returning to insurance after more than a year out of the industry, as he is appointed to Zego’s board, Insurance Post can reveal.
Markerstudy creates chief investment officer role as it eyes further growth
Emma Rawlinson has been appointed to the newly created role of chief investment officer at Markerstudy Group, effective immediately.
Allianz’s counter fraud head James Burge departing for Hiscox
James Burge, Allianz UK’s head of counter fraud, is leaving the insurer to take up a global role at Hiscox, Insurance Post can reveal.