insurance news

AXA acquire Global Insurance Management

Multinational insurance firm AXA has acquired Coventry based insurance expertise provider Global Insurance Management. AXA has previously underwritten the risk for Global Insurance Management, however this acquisition will mean an […]

Hastings to list on the stock market

Motor insurance provider Hastings is to float on the stock market as it expands the business in a bid to attract more than 2.5 million customers by the end of […]

BLD Group in administration

Claims management company Bikers Legal Defence Limited (BLD Group) has gone into administration. The company’s website has now been taken down and the following notice has been posted, ‘Danny Dartnaill […]

Lloyd’s first-half profit falls 28%

Lloyd’s of London saw its profits fall 28 per cent in the first half of the year. Profits came in at £1.19bn, down from £1.65bn in the same period of […]

ABI calls for clampdown on rogue claims companies

The public continues to be plagued by nuisance calls or texts from companies encouraging them to claim for compensation, such as for personal injury, according to the ABI. Despite measures […]

Allianz and Maiden expand partnership

Maiden Holdings, Ltd. and Allianz Global Automotive today announced a significant expansion of their long standing partnership focused on developing branded insurance solutions to automotive original equipment manufacturers (OEMs) and […]

LV= group post interim results

Mutual insurance group LV=, the UK’s largest friendly society, has announced its interim results for six months ending 30 June 2015. General Insurance financial highlights: Operating profit up 52% to […]

Irish motor insurance market in jeopardy

Insurance Ireland today said it has serious concerns regarding the decision of the High Court in relation to Setanta Insurance and stated that the judgement has far-reaching implications. The Insurance […]

Public fights back against insurance cheats

The UK public is being thanked by the Insurance Fraud Bureau (IFB) for fighting back against insurance cheats and reporting valuable information they have about insurance fraud to the IFB’s […]

Uninsured driver numbers soar

The number of uninsured drivers on UK roads has increased by a ‘worrying’ 10 per cent in just a year, according to worrying new figures released today. According to figures […]

Markerstudy acquires Lionheart Insurance

Motor insurance provider, Markerstudy, has acquired Birmingham-based Lionheart Insurance for an undisclosed sum. The deal, which has received approval from the Financial Conduct Authority, adds over 1,500 policyholders and more […]

Co-operative makes general insurance loss

The Co-operative’s general insurance division has reported a 4.5% fall in gross written premiums for the first half of 2015. The drop to £180.3m from £188.8m at the start of 2014 […]