Aviva has laid out plans to cut between 5%-7% of the combined company’s workforce over a three year period following completion of its £3.7bn merger with Direct Line Group. https://hubs.li/Q030zrJK0
Insurance Post
Book and Periodical Publishing
Insurance POST is the most established, credible and continuous source of business critical intelligence for the general
About us
At Insurance Post we believe information gives you an edge, particularly in complex markets. That’s why we cover UK insurance and risk management more than anyone else – it helps our customers make better business decisions. Insurance Post is the UK’s leading source of in-depth insight and analysis on all aspects of the UK insurance industry. With so much uncertainty in this market, industry participants need trusted, detailed intelligence and analysis on what it means for their companies and careers, their clients and competitors. That’s where Insurance Post comes in. For 180 years Insurance Post has delivered unmatched coverage of complex issues that are ignored or under- reported elsewhere. We regularly break stories, but are not trying to compete in the provision of real-time news. Instead, we look at topics in detail, assess the implications, speak with the market, regulators and other stakeholders, and write more detailed, analytical pieces. Ultimately our users are able to make better, more informed decisions thanks to the information we provide. And they’ve been relying on our intelligence in various formats since 1840.
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Updates
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Arsenal and Liverpool football clubs have settled their legal battles with their insurers over Covid-related business interruption claims. https://hubs.li/Q030znCg0
Arsenal and Liverpool settlements end football’s BI spat with insurers - Insurance Post
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The Supreme Court has turned down an application to appeal a judgment on business interruption disputes in relation to Covid restrictions, in what has been hailed as a win for policyholders. https://hubs.li/Q030vqkp0
Supreme Court hands blow to insurers as it rejects push for BI appeal - Insurance Post
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A man has been jailed, and two men have been sentenced, for an unsuccessful ‘crash for cash’ plot, which could have cost LV= General Insurance £102,827. https://hubs.li/Q030vd1k0
Man jailed for £100K ‘crash for cash’ plot against LV - Insurance Post
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As we approach Christmas, read what the market was talking about in December, including a certain takeover worth £3.6bn. #Aviva #DirectLineGroup
Insurance Post's recap of December
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The boards of Aviva and Direct Line Group have reached an agreement on the terms of a cash and share offer for Direct Line, equalling £3.7bn. https://hubs.li/Q030tMRt0
Aviva and Direct Line agree terms on £3.7bn sale - Insurance Post
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Insurers have reacted to Transport Secretary Heidi Alexander’s announcement of a 50% increase in funding for resurfacing roads, observing more cash will be required to end the damage done to cars by potholes. https://hubs.li/Q030jQF10
Labour’s £1.6bn pothole plan falls short - Insurance Post
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The Serious Fraud Office (UK) has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money. https://hubs.li/Q030jQlh0
Five charged over collapse of law firm Axiom Ince - Insurance Post
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The Direct Line brand is now live and quoting on price comparison website Compare the Market. https://hubs.li/Q030jWdy0
Direct Line brand goes live on Compare the Market - Insurance Post
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Insurance Post reposted this
Content Director at Infopro Digital Insurance Division. Top 25 insurance and insurtech influencer according to Lucep
With territorial withdrawals, scaling back on products and annoying regulators, was 2024 the year the UK #insurtech space got a reality check? Here is my Xmas comment for Insurance Post covering a host of familiar names including ManyPets, Tractable, Zego, Marshmallow, Urban Jungle Insurance and Cuvva.
Was 2024 the ‘Year of Reality Check’ for insurtechs? - Insurance Post
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