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Direct Line has accepted Aviva’s improved offer to takeover the company this morning in a deal one analyst has described as a "bold move that could turn out to be a gift that keeps on giving". from Insurer - insuranceage.co.uk https://ift.tt/EZB6hXS

Aviva takeover target Direct Line Group has launched three new branded motor insurance products on Compare the Market, marking its entry on to price comparison websites. from Insurer - insuranceage.co.uk https://ift.tt/iQAPo5V

Keep up to date with the latest insurance industry personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/o2EHNs4

The ex-boss of Das UK, Tony Coram, has returned to former parent company Munich Re as CEO of its primary insurance business, Great Lakes (UK). from Insurer - insuranceage.co.uk https://ift.tt/CGaP1LV

Stuart Logue, interim CEO at Flood Re, reflects on its first Parliamentary drop-in sesson and the Flood Resilient Garden at the Chelsea Flower Show as well as sharing a prediction about Build Back Better. from Insurer - insuranceage.co.uk https://ift.tt/R0h4dDu

The Axa UK duo of Paul Tombs and Matt Field reflect on award wins; the fall-out of the Markerstudy-Atlanta deal and the success of its partnership with Liverpool FC. from Insurer - insuranceage.co.uk https://ift.tt/8EoBGQq

Brokers have hailed the ongoing improvements at Aviva and called on the provider not to be knocked off course in the regional market should the Direct Line Group takeover complete as expected. from Insurer - insuranceage.co.uk https://ift.tt/X92CLmk

A loss adjuster who abused his position by submitting a series of fake insurance claims worth over £160,000, including using his wife’s name and that of his deceased father-in-law, has been jailed. from Insurer - insuranceage.co.uk https://ift.tt/KyYHjUa

Allianz UK has revealed a swathe of appointments and promotions in its commercial digital trading team with the investments including creating a dedicated expert digital distribution team for the first time. from Insurer - insuranceage.co.uk https://ift.tt/VthWZEY

Ageas and over-50s specialist Saga have signed on the dotted line agreeing a 20-year partnership for motor and home insurance and the sale of Saga’s underwriting business, Acromas. from Insurer - insuranceage.co.uk https://ift.tt/bZ0WwjM

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products. from Insurer - insuranceage.co.uk https://ift.tt/w9QRxuA

Aviva has become the first insurer to create a claims application programming interface for integration with software house Acturis. from Insurer - insuranceage.co.uk https://ift.tt/Vi0XWCD

Stay in the loop with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/TX4xaRB

Insurers and insurance intermediaries paid a total of £2.7m for Financial Conduct Authority-commissioned skilled persons reviews in the financial year 2023/24, according to a Freedom of Information request by Sicsic Advisory. from Insurer - insuranceage.co.uk https://ift.tt/fOaNuXk

The senior Ageas team wish the term ghost broking is never uttered again, hope for a sustainable ecosystem for the repair and re-use of electric vehicle batteries, and consider what an insurance brokers showstopper might look like on Great British Bake Off. from Insurer - insuranceage.co.uk https://ift.tt/yb1Zs8X

Drazen Jaksic has been appointed Zurich UK CEO, moving across from being CEO of Zurich Benelux, as Tim Bailey switches to become CEO of the group’s new global life protection business. from Insurer - insuranceage.co.uk https://ift.tt/KXOFZWS

Nick Wright, chief development officer at Pen Underwriting, questions the market’s short memory with regards boom-and-bust; is interested in the future of PIB and pan-European consolidation; and offers a pitch to take part in Bear Grylls’s The Island. from Insurer - insuranceage.co.uk https://ift.tt/HVevIwC

Axa Commercial is two thirds of the way through a technology transformation programme, and Commercial CEO Jon Walker is looking to shorten turnaround times in terms of risk appetite. from Insurer - insuranceage.co.uk https://ift.tt/9ympCZD

Aviva has promoted Mark Skillern to head of broker strategic accounts, Insurance Age can reveal, with the provider labelling his promotion as “the final piece in the strategic accounts senior leadership team”, which is led by broker distribution director Michelle Taylor. from Insurer - insuranceage.co.uk https://ift.tt/gSyk7Fa

Allianz Commercial chief distribution officer Nick Hobbs is intrigued by Aviva’s Probitas deal, bemoans the continued presence of underinsurance and hopes that the term ‘insurer service’ is consigned to the clickbait dustbin. from Insurer - insuranceage.co.uk https://ift.tt/4yClgNe

Uris Group, the Ardonagh-owned specialist personal lines MGA and services provider, has been sold to a new vehicle backed by its leader Derek Coles, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/zwfhxQi

Collegiate managing director Richard Turnbull expresses disappointment with the return of the ‘pay-to-play’ model in broking, surprise at Aon’s acquisition of Griffith & Armour and considers whether 2024 was the ‘era of repeating past mistakes’. from Insurer - insuranceage.co.uk https://ift.tt/ae2mIRr

Sabre has revealed plans to enter the direct motorcycle market with an online brand in Q1 2025. from Insurer - insuranceage.co.uk https://ift.tt/AqtlEd9

Aviva and Direct Line Group have jointly announced that they have reached preliminary agreement on the financial terms of a potential acquisition of the latter by the former. from Insurer - insuranceage.co.uk https://ift.tt/HAON3VS

Aviva has launched a programme targeting “rising stars” in insurance broking, to help brokers develop and retain young talent, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/RdUXeGg

Alps, a provider of insurance add-on policies, has moved its landlord legal expense book to AmTrust International. from Insurer - insuranceage.co.uk https://ift.tt/SB5kEDF

RSA will have harmonised its baseline commission tables by the end of this year, according to Laura Fox, distribution development director, in the latest integration webinar after the deal for NIG. from Insurer - insuranceage.co.uk https://ift.tt/aFEtSRv

Zurich has achieved 30% SME growth in new business this year with similar targets for 2025, UK head of SME and trading Nikki Lidster has revealed. from Insurer - insuranceage.co.uk https://ift.tt/yNRrYsP

The industry was abuzz last week with the ramifications of Aviva’s £3.3bn bid for Direct Line Group. Jonathan Swift reflects on the weekend’s developments, and what the deal might mean for UK brokers should the possibility of a green light gain momentum in the coming weeks. from Insurer - insuranceage.co.uk https://ift.tt/MO7EYo8

Allie Chadwick has been named regional head of multinational in the UK at Allianz Commercial, effective immediately. from Insurer - insuranceage.co.uk https://ift.tt/jIWvg2p

Sompo International remains “open minded” to further regional expansion, but is happy to build on its existing locations in Birmingham and Manchester for now. from Insurer - insuranceage.co.uk https://ift.tt/dDpEFoV

Ageas UK has appointed chief distribution officer Adam Beckett to the newly created role of managing director of broker and partnerships. from Insurer - insuranceage.co.uk https://ift.tt/wVKiy4C

Ecclesiastical has teamed up with Clear Councils, part of Clear Group, adding the broker’s local councils insurance to its schemes book in an arrangement that will come in to force at the start of 2025. from Insurer - insuranceage.co.uk https://ift.tt/8fuOPt4

The government will move the discount rate applicable to personal injury lump sum compensation payments to 0.5% as of 11 January 2025. from Insurer - insuranceage.co.uk https://ift.tt/da6UvIC