UK Car Theft Crisis Pits Manufacturers Against High-Tech Gangs June 20, 2025 By Jamie Nimmo To the untrained eye, the red shipping container at Felixstowe looked no different to the thousands of others stacked up...
British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing April 15, 2025 By Aisha S Gani British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that...
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance January 9, 2025 By Susanne Sclafane Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded...
Young Drivers Warned That Policy ‘Fronting” Is Fraud December 27, 2024 One in six (17%) young drivers admit to being on a ‘fronted’ policy, which is illegal, according to research by...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion December 23, 2024 By Aaron Kirchfeld Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line December 6, 2024 By Pamela Barbaglia, Dinesh Nair, Aaron Kirchfeld and Leonard Kehnscherper Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a...
UK Motor Insurer Direct Line to Cut 550 Jobs in Turnaround Bid November 12, 2024 By Gabriela Mello Direct Line Insurance Group Plc, the UK insurer that rejected a takeover attempt by Belgian rival Ageas SA earlier this...
Specialist Risk Group Acquires UK Claims Specialist One Claim Ltd. November 12, 2024 Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England,...
Bain-Backed Motor Insurer Esure Draws Interest from Aviva, Allianz November 1, 2024 By Pamela Barbaglia and Sonia Sirletti Aviva Plc and Allianz SE are among potential bidders for Britain’s home and motor insurance firm Esure Group Plc, according...