InsureTech

Hannover Re Keen to Develop Insurtech Innovators, Says GlobalData

‘Hannover Re’s’ new innovation pool, ‘hr | equarium’, aims to play matchmaker for digital innovators and incumbent insurers, says GlobalData, a leading data and analytics company. By enabling insurers to partner up with start-ups, that […]

Legal

Legal Update: Horwich Farrelly Wins Landmark Case on Fake Motor Claims

Horwich Farrelly, the leading insurance industry law firm, in conjunction with Aviva, has successfully won an appeal case that could transform the way courts interpret legislation on fundamental dishonesty and avoid any damages being awarded […]

UK Insurance Trends

Aviva In Strong UK Market Position, Says GlobalData

Following last week’s release of Aviva’s preliminary results for 12 months ended 31 December 2018, Ben Carey-Evans, Insurance Analyst at GlobalData, offers his view: “Aviva’s 2018 preliminary financial report indicates that its UK business performed […]

Fraud

Insurance Fraud News: Clyde & Co Shut Down £100K False Injury Claim

Global law firm Clyde & Co has won a significant victory in the Courts using Section 57 of the Criminal Justice and Courts Act to have an exaggerated injury clam for almost £100,000 discontinued. The […]

Insurance claims

#Snowmageddon UK Sees 57% Spike in Road Accidents

Co-op Insurance has reported a 57% increase in motor accidents and incidents on Wednesday 28 February, when compared with the previous week (21 Feb), due to the current weather conditions across the UK. This is the […]

Business

Aviva’s Hong Kong Joint Venture Gets Official Approval

Aviva, Hillhouse Capital Group and Tencent Holdings Limited have completed the transaction to develop a digital insurance joint venture in Hong Kong. The process started about a year ago and is part of Aviva’s push […]

Investment

Aviva Acquires Friends First Life in £116m Deal

The latest news from Aviva; Aviva plc announces that it has reached an agreement to acquire Irish insurer Friends First Life Assurance Company dac (“Friends First”) for a cash consideration of €130m (£116m). As a […]