Latest News – Page 4
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Covéa Insurance plans to re-enter EV insurance market in 2025
The underwriter first pulled back from insuring fully electric vehicles as part of its relationship with retailer John Lewis in 2023 after getting cold feet about repair costs
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UK insurtech raises $90m in latest funding round
‘Our ambition is to become a one-stop-financial-shop for newcomers, so they feel as though it’s easy to move to, and live in, a different country,’ says co-founder
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Westfield Specialty makes senior hire as it launches reinsurance division
‘A refreshed and expanded reinsurance offering is an important element of Westfield Specialty’s long-term strategy for growth,’ says chief executive
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FCA extends footprint with new appointments and offices abroad
’We recognise that major international investors want easier access to us and having a presence in these key regions will help achieve that,’ says executive director
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Markerstudy unable to secure stand it wanted at 2025 Biba Conference
As a result, the firm has made the decision to host its own ”Biba Buzz” event in Manchester
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Howden Re expands capital and operations solutions practice with senior hire
’Our capital and operational solutions team has gone from strength to strength as it continues to attract top talent,’ says deputy chief executive
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Agricultural insurance veteran joins farming broker to drive regional growth
’His appointment is an important step forward as we look to move to the next level in our development,’ says managing director
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Covéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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Munich Re completes sale of marine specialist founded in 1826
The decision to sell ’was driven by a reflection on our strategic goals and plans for the next stage of our own growth’, says managing director
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MGA launches new travel product
’Giving insureds the flexibility to choose their limits and coverage gives them the power to design their own product according to their needs,’ says chief executive
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Ex-Ardonagh Specialty M&A leader joins Atec Group
’I’m delighted that we continue to attract this calibre of young talent to the group,’ says chief executive
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Middle discusses how Ageas will take on Aviva and DLG with Esure
’The fundamentals of the market are such that you can make money if you operate and focus in the right way,’ says chief executive
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Partners& restructures GI business with nine senior hires
’The colleagues stepping into these roles will lead our teams to provide the care, advice and support that clients deserve,’ says chief executive
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Brown and Brown acquires Kenilworth-based commercial broker
’We look forward to the opportunities that lie ahead, which will benefit both our customers and our dedicated team,’ says director
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RSA to rebrand following NIG and FarmWeb acquisition
’Having brought RSA, NIG and FarmWeb together in 2024, we said we would move to one brand in the UK,’ says chief executive
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Ageas agrees to acquire Esure for £1.3bn
Ageas says the deal will create the third largest UK personal lines platform
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 7 to 11 April 2025
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Fantasy Football: A Q&A with editor Katie Scott and her husband
Scott has secured points that rival those in the top 20 in recent weeks
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 7 to 11 April 2025
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Pet insurance premiums continue to rise
‘This month’s figures highlight the nuanced nature of pet insurance pricing,’ says product manager