Insurer News – Page 8
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Allianz UK increases revenue to £4.66bn in 2024
’Through improved technical expertise and pricing capabilities, we traded successfully in challenging markets,’ says chief executive
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Axa reveals UK and Ireland personal lines growth slowed in 2024
The insurer says it saw the UK and Ireland personal lines market soften
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Aviva reveals when it expects DLG acquisition to complete
Aviva says the acquisition is progressing in line with expectations
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Admiral commits to Flood Re’s Build Back Better scheme
’We know how devastating the damage, inconvenience and emotional burden a flood in the home can be,’ says head
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Aventum appoints ex-Novae chief executive as non-executive chairman
’I have been impressed with the management,’ says appointee
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Hiscox UK posts ICWP of $864m for 2024
’The group has delivered another set of excellent results and a second consecutive year of record profits,’ says chief executive
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Aviva’s Blanc says it is ‘key’ DLG deal ‘delivers for us’
Blanc made the claim as she spoke about the insurer’s acquisition strategy
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Aviva issues DLG update as it reveals UK&I GI premiums up 16%
Amanda Blanc says deal ’is a clear opportunity to accelerate our capital-light growth and deliver brilliant service to millions more customers’
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Charles Taylor launches new AI fraud detection tool
’The launch places us at the forefront of disrupting how insurance claims have historically been validated,’ says head
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Government’s £1.6bn pothole pledge not enough to repair roads– Zurich
’We’ve had a particularly wet start to the year, which is only going to exacerbate the pothole problem that is plaguing the nation,’ says risk expert
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Insurance legal advisors open new UK office
’The modern, flexible space offers an inviting place to work and meet with clients,’ says firm
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Arag announces London-based senior hire who will work with MGAs and brokers
’His commitment and deep understanding of the market will be a great benefit to Arag,’ says head
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US insurance specialist to acquire UK-based flood focused MGA
’We are excited to expand our offering to protect customers from one of the most prevalent natural catastrophes in the world,’ says chief executive
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Specialty insurer appoints ex-Allianz leader as chief pricing actuary
’We remain focused on hiring the best talent in the industry,’ says chief underwriting officer
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Polaris reveals £449m in GWP traded through imarket in 2024
’Our technology suite is in a strong position and our latest results show how widespread the usage of our technology remains within the industry,’ says managing director
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London underwriter makes board appointment as it eyes international expansion
’We are excited to have her knowledge and expertise as we continue our expansion,’ says chief executive
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Insurers slow to adopt AI despite seeing benefits – RDT
’AI’s potential to transform claims management is undeniable, but turning potential into reality requires clear investment strategies,’ says deputy chief executive
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Insurer service up significantly but still ’much room for improvement’
’Many insurers have worked hard to improve and this seems to have been given greater impetus as competition increases,’ says managing director
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ABI announces ex-Aviva UK chief executive as new president
’Through the ABI, the industry is stronger together and I look forward to working even more closely with members and business leaders,’ says appointee
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Barclays hires ex-Hastings Group c-suite to lead insurance work
’We’re excited to welcome him at this important time as we continue to grow in our home market,’ says chief executive