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Hiscox has launched a cargo application programming interface-based solution, available through broker partners for underwriting small cargo and stock throughput risks. from Insurer - insuranceage.co.uk https://ift.tt/Qmz36OA

Digital distributor of specialist insurance products, Starpeak, has renewed its binder arrangement with Axa XL’s UK and Lloyd’s business, marking the 10th year of the partnership. from Insurer - insuranceage.co.uk https://ift.tt/5WuAYNl

Manchester-based digital managing general agent Ripe grew turnover by 15.7% in 2024 to £20.6m. from Insurer - insuranceage.co.uk https://ift.tt/wcgTauv

Follow the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/AbNX8FD

Allianz has warned of the "genuine risk of underinsurance" as it found 34% of SMEs don’t adapt their insurance levels to accommodate fluctuations in seasonality. from Insurer - insuranceage.co.uk https://ift.tt/d6G8OnJ

Quoted van insurance premiums fell by 4.2% in the three months to the end of May, according to the latest research by Consumer Intelligence. from Insurer - insuranceage.co.uk https://ift.tt/n5v1Kbg

EY has revised its forecast for the UK motor insurance market this year suggesting insurers will break even with a net combined ratio of 100%. from Insurer - insuranceage.co.uk https://ift.tt/FW8uor1

Policy Expert increased its profits before tax to £30.1m in the last financial year, up significantly from £4.9m, as underlying Ebitda more than doubled to £55.3m. from Insurer - insuranceage.co.uk https://ift.tt/vjb4caD

Aviva’s Global Corporate and Specialty business has launched a new and unified ‘Real Estate and Construction’ client practice, bringing together its construction, latent defects and real estate teams. from Insurer - insuranceage.co.uk https://ift.tt/hx67U9t

Which is longer: the average tenure of a FTSE 100 CEO or that of a commercial insurance leader? Emmanuel Kenning calculates the numbers and finds a surprisingly short job-title occupancy in the sector. from Insurer - insuranceage.co.uk https://ift.tt/LztR58x

Managing general agent Alps has added Financial & Legal to its panel for Guaranteed Asset Protection insurance. from Insurer - insuranceage.co.uk https://ift.tt/Wa0bnHF

Jason Storah will become CEO of Direct Line Group and Adam Winslow will exit when the takeover by Aviva goes through. from Insurer - insuranceage.co.uk https://ift.tt/K7Li2IV

Birmingham’s central location in the country creates opportunities for investment and growth, according to experts in the highly competitive broker market, with recruitment flagged as the main challenge. from Insurer - insuranceage.co.uk https://ift.tt/m8FG0t4

Brokers are increasingly drawn to managing general agents with a strong commitment to innovation, community engagement, and talent development, according to research by Corin Underwriting. from Insurer - insuranceage.co.uk https://ift.tt/ayuZsOr

Simon Hughes, senior vice-president of global distribution at Cowbell, looks to grow the cyber insurance market by educating brokers, as the UK team continues to expand. from Insurer - insuranceage.co.uk https://ift.tt/pwrNnxs

Managing general agent Arkel has added its landlords let property insurance ‘Premier Let’ to Acturis meaning it now has products on every software house. from Insurer - insuranceage.co.uk https://ift.tt/xBHaFDk

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Allianz has promised no disruption to the way it serves brokers and reiterated its long-term commitment to the sector as it goes through the process of cutting 650 jobs in the UK. from Insurer - insuranceage.co.uk https://ift.tt/GXd1ouD

Comprehensive car insurance premiums fell by 3% in the last three months, taking the annual decline to 16%, according to research by Confused and WTW. from Insurer - insuranceage.co.uk https://ift.tt/MXAuUkG

Allianz is to cut 650 jobs in the UK, just over 10% of its workforce, by the end of 2025. from Insurer - insuranceage.co.uk https://ift.tt/Zr5aVD8

Liberty Specialty Markets has named Dermot Walsh, currently head of commercial property, as director of UK retail. from Insurer - insuranceage.co.uk https://ift.tt/fFaSyr5

Private equity house BP Marsh & Partners has revealed its second insurance investment in a month taking a 27% stake in Cameron Specialty. from Insurer - insuranceage.co.uk https://ift.tt/KGp0zVY

The Financial Conduct Authority and the Prudential Regulation Authority have given the greenlight to Aviva buying Direct Line Group clearing a pathway for the deal to complete next month. from Insurer - insuranceage.co.uk https://ift.tt/8mqWfl9

Cowbell, a provider of cyber insurance for SMEs and middle-market business, has recruited Kirsten Maley from CFC for the newly created role of director of claims UK. from Insurer - insuranceage.co.uk https://ift.tt/QUtNISi

Insurer and managing general agent leaders have committed to help brokers deal with the impact of Applied Systems cutting Epic from the UK market. from Insurer - insuranceage.co.uk https://ift.tt/flRY8BH

The Association of British Insurers has welcomed the government committing to spend £7.9bn on flood defences over the next decade. from Insurer - insuranceage.co.uk https://ift.tt/sDL2BN9

ERS has promoted Annie Ward to head of bespoke personal lines and agriculture from being product manager for bespoke personal lines. from Insurer - insuranceage.co.uk https://ift.tt/gBxaVfw

Aviva’s latest Broker Barometer has revealed 68% of brokers believe clients may be underinsured which while still high has eased slightly. from Insurer - insuranceage.co.uk https://ift.tt/cIvCyU1

Specialist insurer CFC has announced that Nick Line will take over as chief underwriting officer in 2026, after 28 years at Markel where he has held the role of CUO since 2018. from Insurer - insuranceage.co.uk https://ift.tt/MZ84LtJ

Applied Systems pulling its Epic offering from the UK underlines how competitive the market is but is sad news for brokers and staff, according to experts. from Insurer - insuranceage.co.uk https://ift.tt/yn2bisS

Insurance industry leaders have welcomed the government’s commitment to flood defence investment in the Spending Review; but cautioned more needs to be done to protect UK homes and the economy. from Insurer - insuranceage.co.uk https://ift.tt/6INFtry

Arag UK has posted a 17.7% increase in gross written premium under management in 2024 driven by its commercial, family, assistance and ATE business, the legal expenses insurer has reported. from Insurer - insuranceage.co.uk https://ift.tt/mLJpwYk

Markel Insurance has launched InsurtechRisk+ building on its existing offering for fintechs. from Insurer - insuranceage.co.uk https://ift.tt/lJfFQSr

Samsung Fire & Marine Insurance has entered into an agreement to purchase an additional 21% equity stake in the Canopius Group, bringing its shareholding to 40%. from Insurer - insuranceage.co.uk https://ift.tt/LAIxX87

The Chartered Insurance Institute 2025 New Generation Programme has opened for entries with brokers having until 18 August to apply. from Insurer - insuranceage.co.uk https://ift.tt/M0AI5qa

Aurora, the specialist algorithmic managing general agent, has launched a new property owners’ insurance product. from Insurer - insuranceage.co.uk https://ift.tt/R4Fe2zo

RSA has appointed Tovah Grosscurth as commercial lines managing director with immediate effect, subject to regulatory approval. from Insurer - insuranceage.co.uk https://ift.tt/clnvraQ

A ghost broker has been sentenced to 12-months imprisonment, suspended for 12 months with a requirement to complete 150 hours of unpaid work, after selling two fraudulent motor insurance policies to unsuspecting members of the public. from Insurer - insuranceage.co.uk https://ift.tt/t6DLEpF

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Hiscox UK has updated its insurance for technology businesses to include affirmative cover for AI-related claims. from Insurer - insuranceage.co.uk https://ift.tt/rLFNphW

Markel has appointed Mike Petchey head of schemes to lead its broker-led specialist proposition. from Insurer - insuranceage.co.uk https://ift.tt/nlIyobx

Aviva is the first insurer to join Acturis’ artificial intelligence and data-driven placement strategy tool Unify. from Insurer - insuranceage.co.uk https://ift.tt/YSwg6nr

The Financial Conduct Authority has published its Enforcement Guide, confirming the dropping of name and shame proposals in favour of keeping its ‘exceptional circumstances’ test. from Insurer - insuranceage.co.uk https://ift.tt/GOFnmj5

Public trust in the insurance industry has dropped to its lowest level in four years, according to the latest Trust in Insurance Index from Fairer Finance. from Insurer - insuranceage.co.uk https://ift.tt/XuM9q3s

The City of London Police’s Insurance Fraud Enforcement Department has led a nationwide period of action targeting ghost brokers in a coordinated crackdown on insurance fraud. from Insurer - insuranceage.co.uk https://ift.tt/7SFgIPp

Peach has extended its backing for Starpeak’s hairdressing insurance offering to include property cover. from Insurer - insuranceage.co.uk https://ift.tt/imPIFSJ

Acies MGU has created a new managing general agent, Acies Specialist Schemes, launching with an offering for recruitment companies. from Insurer - insuranceage.co.uk https://ift.tt/pgHlKui

Managing general agent Aspect has broadened its product range with liability cover now being offered alongside property risk underwriting. from Insurer - insuranceage.co.uk https://ift.tt/bIsE9wX

More than 9 in 10 UK businesses (95%) are now using artificial intelligence or looking into it, according to research by QBE. from Insurer - insuranceage.co.uk https://ift.tt/L4RN2dI