Company news
IPI will drive ‘transformative change’ after securing investment from Ethos Partners
IP Integration, a digital contact centre specialist, revealed how it will use an equity share investment it has received from Ethos Partners.
Genasys will stay ‘disruptive’ after launching innovation hub, says CEO
Insurtech Genasys shook up its structure to ensure it is focused on creating the best “disruptive technologies” in the market following the opening of its new HQ.
Aviva’s Marc Lewis to leave for Ecclesiastical
Aviva's Marc Lewis has been appointed as Ecclesiastical’s UK underwriting director, Insurance Post can reveal.
Direct Line snaps up By Miles
Direct Line Group has acquired By Miles Group to bolster “digital-first journeys” for customers.
CBI exodus as insurance firms leave amid allegations
Insurance firms are leaving the Confederation of British Industry at a rate of knots. Post collects the statements of all those leaving the CBI.
Aviva partners with Cyber Cube; Zixty launches Broker Distribution; Ageas moves HQ
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
More exits possible as Hannover Re becomes third member to leave NZIA
After a Moody's report stated two founding members of the Net Zero Insurance Alliance left because of "material antitrust risks", Hannover Re has decided to leave the alliance.
Q&A: Adam Powell, Policy Expert
Adam Powell, co-founder and chief operating officer of Policy Expert, catches up with Insurance Post to talk about what it takes to develop an insurtech, its tech team expansion, and diversification issues in the market
Biba cancels CBI membership after misconduct allegations
The British Insurance Brokers’ Association has withdrawn its membership of the Confederation of British Industry, following reports of sexual misconduct by senior members of staff.
IS2’s Sultana targets ‘aggressive’ growth to double revenue within four years
Joe Sultana talks to Insurance Post about his new role as IS2’s commercial director, and the strategies he will implement to accelerate growth to meet the company’s four-year plan.
Founding NZIA members drop out of the climate initiative
Zurich is the second Net-Zero Insurance Alliance member to quit the initiative, days after Munich Re.
Prima eyes UK reliance following global expansion
Italian-founded insurtech Prima launched internationally with a goal to achieve more than two-thirds of its total premiums solely from the UK market.
Multiple insurers join neurodiversity campaign
The Group for Autism, Insurance, Investment and Neurodiversity has launched a campaign to push the way the insurance industry operates to better enable and equip neurodivergent employees.
Q&A: James Baird and Paul Richards, Consilium
Consilium recently brought in Paul Richards to lead the business as co-CEO alongside James Baird, who was appointed CEO in November. Insurance Post asks them how the two-CEO structure works, and how being colleagues for 23 years helped shape the decision.
Hiscox chairman Childs to retire
Hiscox chairman Robert Childs will retire and step down from the insurer’s board later this year, ending a 37-year career at the insurer.
Ardonagh’s Swindle looking to establish clarity in the market
Ardonagh UK Commercial MGA CEO Jaime Swindle wants to be clearer regarding strategy moving forward, before looking at growth opportunities in the second half of the year.
Thompson leaving BGL following Markerstudy acquisition
A strategic review following Markerstudy’s acquisition of BGL Insurance last year means Peter Thompson is stepping down from the position of CEO at BGL on 28 February.
Hiscox partners with Supercede; Zurich offering 100 apprenticeships; Stubben Edge secures further funding
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Clyde & Co eyes further global expansion following DWF raid
Clyde & Co has expanded its product liability team expansion and plans for global growth in 2023.
Superscript says there is still appetite to fund insurtechs
UK-based insurtech Superscript has insisted its recent £45m fundraising shows there is still appetite to fund tech-led disruptors with "good business models".
Jonathan Evans re-elected as Biba chair
The board of British Insurance Brokers’ Association has extended Jonathan Evans’ tenure as chair of the association for a further three years.
US cyber MGA Resilience makes play for UK mid-market business
Cyber managing general agent Resilience will look to establish a presence in the London market before setting its sights on UK regional business, international chief underwriting officer Kyle Bryant tells Post.
Analysis: The power of shareholders
R&Q recently faced a shareholder rebellion over its executive chair. It's not the first and it won't be the last time shareholders disagree with a firm's operations. Post reviews the result, and asks how much power shareholders really have?
PIB appoints deputy CEO and underwriting and Europe executives
Broker PIB has made a raft of senior appointments, recruiting from Aon and Amwins Global Risks as well as promoting internally, as it prepares to double in size through its next stage of growth.