Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown Insurance Allianz has officially overtaken French insurer AXA to claim the top spot in global AI maturity, capitalising on a massive talent hoarding strategy. The German insurance giant, Allianz, has amassed an AI workforce 28 per cent larger than its closest rival, resulting in a staggering 900 active AI use cases worldwide and putting pressure on [...]
How AXA UK&I boss is building a £7bn insurance powerhouse insurance 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 [...]
Birmingham Phoenix tee up Castore as Hundred teams ditch New Balance Sport Business Birmingham Phoenix have agreed a kit deal with Castore for next season, with The Hundred’s long-term apparel supplier, New Balance, increasingly being phased out by the franchises that are under new ownership. City AM revealed last week that London Spirit are also dropping New Balance after the current campaign, with their new co-owners, Cricket Investor [...]
UK insurance sector calls for more adverse weather protection July 24, 2025 The UK insurance sector has called for more adverse weather protection as a “challenging new era” places increasing pressure on insurers. In the first quarter of 2025, British insurers paid out a record high of £226m in weather-related claims, surpassing the previously held record of £67m in 2022. Industry paid an eye-watering £585m for weather-related [...]
High street giants facing shareholder revolt over low wages March 27, 2025 Investor groups and City giants have teamed up to target high street giants Next, M&S and JD Sports with shareholder resolutions over their low wages. Seven institutional investors managing over £1 trillion in assets have joined the campaign, including Axa, Scottish Widows and the Greater Manchester Pension Fund. The campaign is being led by responsible [...]
UK private medical insurance sign-ups near-record high amid NHS backlog February 7, 2025 Nearly one in eight Britons now have medical insurance, a near-record high, as delays to NHS care drive customers to go private. The number of people with private medical insurance rose to a record high of 4.68M by the end of 2023, according to the latest figures from healthcare analysts LaingBuisson. But a total of [...]
Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee August 2, 2024 French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.
New AXA – Global Healthcare report highlights alarming decline in mental health of global workforce July 4, 2024 | Sponsored In the wake of the Great Resignation, the global workforce faces a new challenge: the Great Escape. According to a new report by AXA – Global Healthcare, four in five (81%) non-native employees are contemplating at least one exit strategy from their current roles due to mental health struggles. This alarming statistic underscores a significant [...]
AXA hits ‘milestone’ in super green skyscraper project June 24, 2024 The property received planning permission last year but this appointment has been hailed as a ''significant milestone'' in the road map of a one-of-a-kind project.
Pitchside access, front row seats and coaches’ briefings: How football is selling ‘inside the ropes’ experiences April 30, 2024 Football has largely kept fans at arm’s length, but that looks to be changing.