Insurer News
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News
Cost of extreme weather and natural disasters around £1.55tn in last decade
‘Addressing the escalating costs of extreme weather and natural catastrophes requires collective and immediate action,’ says chief executive
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Nearly two thirds of insurers currently modernising core systems
‘The insurance industry is at a pivotal point where modernisation is no longer optional, but essential,’ says chief executive
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Aviva appoints health boss as new claims chief as Malik departs
Malik has left his role after three years with the business
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Social spots: The must-attend post-conference parties at 2025’s Biba Conference
Exhibiting firms at this year’s Biba Conference also have the 5pm to 9am covered for attending delegates, with evening networking opportunities aplenty across Manchester’s hottest venues. Insurance Times lists some of brokers’ entertainment options…
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The biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 22 to 25 April 2025
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 22 to 25 April 2025
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The biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 22 to 25 April 2025
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Axa board intends to reappoint Buberl as chief executive
’I would like to thank the board of directors for the trust they have placed in me,’ says chief executive
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Aviva leader to take on chief executive role at Probitas 1492
’Over the last decade, Bathia has built an incredibly successful Lloyd’s franchise and paved the way for Aviva’s entry to the Lloyd’s market,’ says chief executive
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Cowbell targets £902bn UK tech sector with cyber and PI launch
‘Our experienced team of underwriters are looking forward to deepening relationships with brokers and further developing our digital distribution capabilities to better serve the UK market,’ says vice-president
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Two Allianz leaders to depart after insurer merges claims teams
’We thank them both for their outstanding contributions at Allianz,’ says spokesperson
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Former EY boss joins Oxbow to expand its UK&I general insurance practice
’It’s exciting to be joining the team at a time when the market is evolving,’ says appointee
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Motorist’s £1.2m fake injury claim costs him over £100,000
’This case highlights the importance of thorough investigation and the need to hold claimants accountable for fundamentally dishonest claims,’ says head
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FY 2024 financials prove Covéa ‘made the right decision’ with strategy focuses – Georges de Macedo
Although chief executive ‘will not say that our profit is exceptional in absolute terms’ for last year, the insurer’s journey into profitability demonstrates that five pillar strategy is yielding results
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Partnership launches major new drone and Evtol insurance facility
‘We’re also excited because the facility provides the opportunity to support the rapidly expanding field of drone passenger services, or Evtol ’, says founder and managing director
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Chief executive at P&I insurer to resign at end of 2025
’The time is right for me to move to my next professional stage in life,’ says chief executive
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Ecclesiastical to open new Glasgow office after surge in Scottish business
’We want to grow the business further and be the first choice for Scottish brokers in our target markets,’ says intermediary managing director
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Admiral agrees to sell US motor business to private investment firm
Leader says the insurer has made the move as it looks to focus on delivering ’long-term sustainable growth in our businesses in the UK and mainland Europe’
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Axa warns of ‘unusually high spike’ in crime at empty commercial premises
’It’s concerning to see a rise in criminal activity at vacant sites, both in terms of the number of premises being targeted and the level of violence involved,’ says director
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Allianz UK expands personal lines retail leadership team with senior hire
’She brings a vast amount of energy, experience and drive to the job,’ says managing director