NFU Mutual has reported a financial loss of £290m in 2018, compared to a profit of £540m the year before.
Despite motor insurance premiums falling 6.7% in the past year, data analytics company, Consumer Intelligence, has warned that concerns over Brexit could be causing premiums to creep upwards.
Former Ageas UK CEO Barry Smith and Ingenie founder Richard King have stepped down from the board of home insurtech Neos.
Electric vehicle sales might be on the rise, but questions remain about how ready the insurance sector is for what has been described as “biggest technology advancement since the invention of the combustion engine”. Europcar Mobility Group UK’s James…
Technology continues to disrupt insurance but William Corke, founder and strategy director at Corke Wallis, argues this is the perfect time for insurers to wrestle control back from the price comparison websites.
A move towards autonomous vehicles could lower premiums for drivers of non-autonomous cars, but insurers remain split over the issue.
Now that the six contestants have been split into teams and decided on their names, it is time for the apprentices to tackle their first challenge.
LV plans to build on the home book it picked up from Allianz business transfer, despite losses in the segment last year.
Liberty Mutual Europe has completed its re-domicile from the UK to Luxembourg.
LV has seen general insurance operating profit fall 10% in 2018 due to an "adverse claims experience".
The number of fraudulent insurance claims have soared by 27%, fuelled by rises in household and motor fraud.
Exclusive: Mobile phone insurance insurtech So-sure will look to branch out into home insurance early next year and is mulling international expansion.
The government has launched a widely-anticipated review into the Ogden discount rate.
Ageas UK will close its Stoke-on-Trent and Portsmouth offices resulting in around 430 redundancies, following a 45-day consultation.
Exclusive: Millennial gadget and bike insurance provider Kinsu is no longer accepting new customers, which its CEO has said is due to a lack of investment.
Aviva has won a landmark appeal case that could see fundamentally dishonest claimants denied all damages, not just those relating to personal injury.
Festivals are growing in size, number and scope. They are rapidly becoming a more immersive experience, rather than solely about music. With these changes come wide-ranging additional requirements for cover and a need for the insurance sector to innovate
When the regulator fined Carphone Warehouse £29m this week, the real target was the use of high pressure sales techniques in insurance.
After 30 interviews involving rising insurance stars from up and down the country, the field has been whittled down to six candidates, all competing for the prize of becoming the 2019 Claims Apprentice.
The government will launch an operational review into Insurance Premium Tax in the coming months.
With the outcome of Brexit still unclear and a possible European Union exit on 29 March looming, some insurer bosses have cautioned that we could see rising claims inflation this year.
John Lewis has ceased to offer travel insurance after its contract with Ageas was not renewed, which the insurer has claimed is part of a drive towards profitability.
Agile is poorly understood by the UK insurance industry - and implemented even worse. That is the view of Oxbow Partners' Chris Sandiland, who offers his own take on how incumbents can best take advantage of an insurtech and innovation strategy
Enterprise could pay out £101.4m more in UK claims than its administrators had predicted, largely owing to the Ogden rate hit on its motor book.