Insurance Wire

PIB Group to be aquired by Apax

PIB Group has announced it is being acquired, alongside its management team, by funds advised by Apax Partners. The group’s…

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Tomorrow’s FOIL names Rebecca Heyes as president

Rebecca Heyes, solicitor and senior costs advisor at Dwf has been appointed president of Tomorrow’s Forum of Insurance Lawyers (FOIL).

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Avid to launch GAP and ancillaries division

Avid Insurance Services is set to establish a new GAP and ancillaries division, which will be led by Steve Duxbury.…

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80% of insurance staff would recommend reskilling to enter profession

More than eight out of 10 insurance professionals would recommend their profession to a friend who had been made redundant…

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Storm Christoph losses could total £120m, warns PwC

PwC has predicted that insurance losses in the wake of Storm Christoph will be less than Storm Ciara, but could…

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Charles Taylor acquires remaining stake of Otak

Charles Taylor has acquired the remaining stake of Otak, an insurance technology platform.  With this acquisition, Charles Taylor moves to…

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Sompo International partners with Flock

Sompo International, the specialty provider of property and casualty (re)insurance, has announced a partnership with Flock, an insurtech venture that…

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Arch Capital Group expects catastrophe losses to hit £120m

Arch Capital Group has estimated it will face pre-tax net catastrophe losses between $155m (£113m) to $165m (£120m) across the…

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Aviva expands investments in insurtech

Aviva has announced it is expanding its investments in fintech and insurtech through its new partnership with venture capital firm…

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Retailers could be heading for a New Year insurance disaster

Among the huge number of changes brought about by COVID-19, one of the biggest shifts in 2021 will be the…

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