Australian insurance giant IAG is reported to be lining up a bid for the insurance division of Provident Financial.
Provident Financial announced yesterday that it had been approached by a number of third parties in relation to Provident Insurance, and had commenced discussions regarding a possible sale.
IAG which is currently rampaging it way through the UK insurance market having acquired both Equity (£570m) and Hastings Insurance Services (£140m) in recent months.
Other insurance heavyweights rumoured to have thrown their hats into the bidding ring include AXA, which last week acquired Stuart Alexander and Layton Blackham, and Fortis.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
