News
Heatwave could prove ‘tipping point’ for subsidence claims
Claims Consortium Group has warned that UK is heading for a surge in subsidence claims this summer, if the present warm and dry weather continues.
Carl Shuker steps down as Howden UK and Ireland CEO
Robert Kennedy has been appointed CEO of Howden UK and Ireland, replacing Carl Shuker, who is taking the role of deputy chairman.
Commercial Express targeting £100m GWP by 2029
Duncan Pritchard, founder and managing director of MGA Commercial Express, has told Insurance Post that the firm hopes to hit £100m in gross written premium by the end of 2028.
Probitas writes biggest ever risk following Aviva buildout
Aviva’s specialty product launches are resonating with customers, with its Lloyd’s syndicate writing its largest-ever single risk earlier this year, according to global corporate and specialty managing director Matt Washington.
Retirements drive London market technology innovation
Guidewire London market lead Jamie McDonnell has argued that retirements are driving technology innovation in the market.
Clearspeed raises $60m for ‘high growth’
Clearspeed has raised $60m (£44m) in series D funding, bringing the company’s total funding to $110m.
iCan unveils 80 role models to mark eighth birthday
iCan has launched the latest edition of its Role Models book, which for the first time features professionals from both the UK and the US.
Vote for The Industry Impact winner at the 2025 British Insurance Awards
The voting is now open for you to decide who should be the recipient of the Industry Impact Award at the 2025 British Insurance Awards.
Motor insurers face break-even year before losses in 2026
Analysis from EY has found that motor insurers will re-enter loss-making territory in 2026, after breaking even in 2025.
Policy Expert’s profit skyrockets 500%
Policy Expert has today (25 June) released its financial results for the 12 months ending 31 March 2025, reporting an increase in pre-tax profit of more than 500%.
Students warn class barriers remain despite insurance diversity push
Students from the Sixth Form College Farnborough have shared that while diverse early careers programmes are helpful, certain barriers to gaining insurance careers persist due to classism.
Ferma elects Philippe Cotelle as president
The Federation of European Risk Management Associations has elected Airbus Defence and Space’s Philippe Cotelle as its next president.
Claims and Fraud Awards 2025 shortlist revealed
Insurance Post can reveal the businesses and individuals who have been shortlisted for the 2025 Insurance Post Claims and Fraud Awards.
Direct Line leader exodus continues ahead of Aviva deal
Insurance Post can reveal that more members of Direct Line Group's leadership team are set to leave the business ahead of the firm’s move over to Aviva next week.
Co-op expands travel cover and calls on industry to take note
Ellis German, head of travel insurance at Co-op Insurance, has said that, following Co-op's expansion of travel coverage to customers awaiting medical diagnoses, he hopes others in the industry will think more about accessibility.
Direct Line’s Winslow and Poole to step down
Adam Winslow and Jane Poole will both step down from their roles once Aviva completes its acquisition of Direct Line Group.
Strong innovation mindset key to MGA appeal
Research from Corin Underwriting has revealed that brokers are drawn to MGAs with a strong commitment to innovation, community engagement, and talent development.
M&S and Co-op cyber attacks could cost up to £440m
The Cyber Monitoring Centre has categorised the recent cyber attacks on M&S and Co-op as a category two incident, estimating the combined financial impact of the attacks at £270m to £440m.
First Central appoints ex-Endsleigh CEO as NED
Former Endsleigh CEO Alison Meckiffe has joined First Central as an independent non-executive director as talks around a flotation pick-up speed.
McGill’s battery cover; Aviva’s mid-market enhancement; Kennedy’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marine insurance costs increase amidst Israel-Iran conflict
As a result of the Israel-Iran conflict marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from insurance broker Marsh McLennan.
Zego CEO chooses New York over London for future IPO plans
Zego CEO Sten Saar has confirmed that if he were to choose a location for an IPO today, he would opt for the New York Stock Exchange over London.
How court’s credit hire ruling will impact insurers
Graeme Mulvoy, partner at law firm HF, has revealed the short-term and likely ongoing impact for the insurance industry of last week’s Court of Appeal decision that credit hire organisations are responsible for the costs of unsuccessful litigation.
Lockton’s Owen argues arts sponsorships outshine sports
Richard Owen, partner at Lockton, has argued the broker’s partnership with The Tate's art galleries is preferable to more commonplace sports partnerships because it encouraged creativity among the organisation's brokers and helped create a more inclusive…