Aviva partners with ICE InsureTech for digital transformation October 13, 2025 Insurance giant Aviva has rolled out a digital insurance platform in partnership with ICE InsureTech, completing a transformation project in just 12 months. The overhaul saw Aviva go live in September 2025 with ICE’s Policy Admin System, a software-as-a-service (SaaS) platform aimed at streamlining operations and enabling fully digital insurance journeys. The system allows white-labelled, [...]
Millions of Brits turn to ‘Bank of Mum and Dad’ for healthcare treatments October 9, 2025 Millions of Brits are turning to the ‘Bank of Mum and Dad’ for help to pay for private healthcare treatment, as NHS waiting lists continue to remain high. According to a new survey by Howden Life and Health, over the past five years, nearly one-third of UK adults, or approximately 14m people, have paid for [...]
Global uncertainty: Political and digital risks reshape corporate priorities October 1, 2025 A surge in political risk and tensions has resulted in geopolitical volatility entering Aon’s top ten global business concerns for the first time. Aon’s ‘Global Risk Management Survey’, based on nearly 3,000 risk managers, C-suite leaders, and executives, revealed the most pressing risks for business decision-makers. The top ten list of risks facing businesses in [...]
The growing cost of cyber attacks: Why cyber insurance matters September 26, 2025 This year, headlines have been dominated by cyber attacks against prominent business names, causing disruptions and financial losses. But many of these businesses lacked a major tool: cyber insurance coverage. Marks & Spencer dominated the news in April and May after it was hit by a cyber attack, which forced the retail giant to suspend [...]
Cyber attacks cost European businesses over €300bn as insurance uptake lags September 24, 2025 Almost half of businesses in four of the largest European economies reported at least one cyber attack over the last five years, resulting in costs exceeding €300bn (£261bn). According to a new report by British insurance broker Howden, the cyber attacks on businesses in France, Germany, Italy, and Spain over the past five years equated [...]
Aon’s tech startup approach is redefining life insurance September 18, 2025 When Michelle Lister joined Aon to startup a life consulting practice, she didn’t expect to find a high-performing GPU based life actuarial software ready to use for her projects. But that’s exactly what happened. “The draw was the excitement of having this startup of a business within a global corporate,” says Lister, now UK/EMEA head [...]
The Long Tail: The crucial role of Managing General Agents September 17, 2025 As the fastest-growing segment in property and casualty (P&C) insurance globally, managing general agents (MGAs) are attracting significant investment and playing a crucial role in closing the protection gap. MGAs utilise capital from large insurers to underwrite on their behalf, allowing insurers access to specialised product lines without having to build in-house capabilities. In the [...]
How AXA UK&I boss is building a £7bn insurance powerhouse September 16, 2025 If AXA UK&I was listed on the London Stock Exchange in its own right, it would be part of the FTSE 100, its chief executive Tara Foley has said. The AXA group is one of France’s best-known financial services firms, and its financials reflect this, having generated over €110bn (£95bn) in 2024. While back at [...]
Co-op Insurance expands into loans in partnership with ClearScore September 16, 2025 The insurance arm of the Co-op Group is expanding its presence in the financial services market by offering personal loans, in partnership with ClearScore. As part of the collaboration, ClearScore’s credit matching platform will be available to Co-op members and customers, offering personalised credit services. Its member-owners and customers will be able to access unsecured [...]
UK insurers face ‘data quality’ obstacles in AI adoption September 9, 2025 British insurers are facing a bigger AI obstacle than expected, as poor quality data is preventing underwriters from accelerating adoption. A new report by tech firm CI&T, in collaboration with Reuters Events, revealed that nearly three-quarters (72 percent) of underwriters identified fragmented and unstructured data as the primary barrier to AI transformation. The next top [...]