News
Biba flood scheme pays £9m in claims over first decade
A specialist commercial flood insurance scheme from the British Insurance Brokers’ Association and Mi Specialty has paid more than £9m in claims to businesses over its first decade, with the scheme now covering £600m of assets.
Winners of the Insurance Post Claims and Fraud Awards 2026 revealed
Aviva, Bamboo Connect, DWF Law and DAC Beachcroft were all multiple winners at the Insurance Post Claims and Fraud Awards held last night (1 October) at The Brewery in London.
FCA’s Knight insists CPD changes are not a relaxation
The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.
Ogden calls for different responses to predictable shocks
Stephanie Ogden, CEO of Munich Re Global Specialty, has said the insurance industry must respond differently to predictable shocks as it becomes accustomed to black swan events.
Aviva’s Blanc urges CII to ‘stay relevant’ amid AI boom
Aviva Group CEO Amanda Blanc has urged the Chartered Insurance Institute to lean into the “extraordinary opportunity” but stave off the real “threat of irrelevance” it faces as artificial intelligence continues to change the way the industry operates.
Covéa's Crabb joins Commercial Express to lead schemes launch
After departing Covéa, Nicki Crabb has joined Commercial Express to head up its newly launched delegated authority schemes division.
CII CEO raises concerns over AI and entry-level insurance roles
Matthew Hill, CEO of the Chartered Insurance Institute, has warned that the automation of entry-level tasks could change how future insurance professionals develop their skills and judgement.
Aviva’s Morse is third HNW exec to join Euna
MGA Euna has hired the third Aviva high-net-worth private clients executive who left the provider back in May this year.
Sky Protect faces continued losses
Sky UK’s insurance arm has reported continued losses in 2025.
Insurers adapting windscreen cover prompts Defaqto ratings review
Insurers are changing the way they handle windscreen cover as more advanced technologies prompt new ways of thinking, according to Mike Powell, insight analyst for general insurance at Defaqto.
WTW’s Anderson says agentic mentoring will be vital for industry
Agentic AI mentoring will help any future knowledge gap among insurance workers and encourage critical thinking said WTW’s global technology leader for insurance technology Duncan Anderson.
Wakam SA banned from renewals and new contracts
Wakam SA, the French and European arm of the insurtech has been banned from underwriting new contracts and renewing existing by the French Prudential Supervision and Resolution Authority.
Crabb leaves Covéa among raft of schemes exits
Nicki Crabb is leaving Covéa as head of etrade and schemes trading, adding to a list of at least five who have left the insurer’s schemes business over the past few months.
First Central confirms job loss total amid strategic reshuffle
First Central has confirmed the number of job losses as part of a strategic reshuffle revealed by Post last year.
Hiscox’s Masojada elected 698th City of London Mayor
Alderman Bronek Masojada has been officially elected as the 698th Lord Mayor of the City of London, and will succeed Lady Mayor Dame Susan Langley on 13 November.
UK pet insurance should adopt Swedish models to simplify claims
The Swedish pet insurance model could help streamline the UK claims process through the adoption of AI and automated claims handling, according to Wisentic Pets managing director Garry Nelson.
Scottish broker awaiting embezzlement trial
The Financial Conduct Authority has secured a bankruptcy order against Arthur Temlett, trading as Abacus Insurance Consultants.
LNRS calls for increased subsidence focus post-flooding
Climate-change induced flash flooding is likely to lead to severe subsidence, which must be tackled at a “granular level” by insurers said Lexis Nexis Risk Solution's senior product manager Caroline Elliott-Grey.
Ex-Intact counter fraud director Sumner launches consultancy
Adele Sumner, former director of counter fraud and financial crime at Intact Insurance, has announced the launch of Sumner Fraud Consulting.
Insurance to have its first successive City of London Mayor
The insurance industry is to set have its first consecutive City of London Corporation Mayor as the previous alderman withdraws from the process due to unrelated criminal proceedings with his former employer.
Brokers overwhelmingly favour MGAs with in-house claims teams
Research commissioned by Direct Commercial has found that brokers overwhelmingly favour MGAs with in-house claims teams.
Insurers must remain accountable for AI advances
Insurers need to remain accountable when using technological advances to ensure that they do not diminish the decision-making process, according to the latest Dive In session.
Axa ‘spoofed’ in global fake adverts by climate activists
Boycott Bloody Insurance activists have unveiled a global campaign of spoof adverts targeting Axa as the activists say the insurer should not insure fossil-fuel expansion in the Coral Triangle.
Axa UK puts 60 jobs at risk following merger
Axa UK has put 60 jobs at risk of redundancy within its risk, conduct and governance teams.