M&S, Co-op and Harrods attacks drive demand for cyber insurance May 12, 2025 Experts say recent cyber attacks on retail giants M&S, Co-op, and Harrods will prompt insurers to ask more questions about the security controls retailers have in place
Lloyd’s of London selects Patrick Tiernan for CEO position May 8, 2025 Lloyd's of London appointed Patrick Tiernan as its chief executive officer after John Neal revealed in January is was going to step down
Global Insurtech funding jumps as industry doubles down on AI May 7, 2025 According to Gallagher Re’s latest Global Insurtech Report, the global insurance tech industry has reached a new stage of maturity and growth after a decade of uncertainty. This report, the first in the 2025 series, is a collaboration between Gallagher Re, Gallagher, and CB Insights. The report defined 2024 as a year of contrasts, likening [...]
Navigating The Future Of Insurance April 23, 2025 In today’s rapidly evolving insurance landscape, navigating complexity and optimising performance requires more than traditional broking services. It demands strategic insight, data-driven decision-making, and a deep understanding of the holistic business environment. This is where Aon’s Capital Advisory team, a key part of its Reinsurance Solutions division, steps in, offering bespoke advisory services that help [...]
Serious Fraud Office charges Lloyd’s broker over bribery April 17, 2025 The Serious Fraud Office has accused a UK insurance company of failing to prevent international bribery.
RSA set to rebrand as Intact Insurance April 14, 2025 Four years after its acquisition, the long-established insurer RSA is set to rebrand to match its Canadian owner by the end of this year
Trump’s tariffs set to drive UK insurance coverage costs up April 4, 2025 After the US slapped several of the world's largest economies with tariffs, the insurance market in the UK prepares for increased costs.
Zurich acquires stake in transactional insurance specialist Icen Risk April 1, 2025 Global insurance giant Zurich Insurance is set to acquire a stake in Icen Risk, a Lloyd’s of London coverholder and a growing player in London’s specialist insurance market. Since it was founded in 2018, Icen has carved out a niche in transactional risk, notably tax and intellectual property risk in complex M&A deals. According to [...]
Compare The Market: Higher premiums help profit pass £200m April 1, 2025 Compare The Market increased its revenue by almost £100m thanks to higher insurance premiums leading to more customers switching providers. The Peterborough-headquartered company has reported a revenue of £563.7m for the year to 30 June, 2024. The figure comes after the comparison site posted sales of £467.5m in its prior financial year. New accounts for [...]
Motor finance: Insurance industry nervously watches legal battle March 31, 2025 As the lenders brace for the start of a high-profile legal battle on Tuesday, the insurance industry lurks in the sidelines