Insurance UK

  • May 15, 2025

    Insurers Fear Regulatory Scrutiny Is Stalling AI Adoption

    Lloyd's of London insurers fear failure to comply with regulations on artificial intelligence is blocking wider take-up of the technology, according to research published on Thursday.

  • May 15, 2025

    Brabners Guides Telecoms Biz In £63M Pension Deal

    Telecommunications company CommScope has offloaded £63 million ($8 million) of its U.K. pension liabilities to insurer Aviva PLC, advisers have said, in a deal guided by Brabners.

  • May 14, 2025

    Kirkland-Led Equity Firm To Buy UK Insurance Broker JMG

    GTCR Inc. has said that it has penned a deal to acquire JMG Group in an acquisition the U.S. private equity firm hopes will help to drive the broker's expansion across the British insurance market.

  • May 14, 2025

    UK Lifeboat Fund Looking Into New Claims Against WealthTek

    The U.K.'s lifeboat fund compensating investors in failed investment firms has started investigating new types of investor claims against collapsed wealth manager WealthTek LLP.

  • May 14, 2025

    Pension Bosses Warn Gov't Over Mansion House Mandate

    The government is likely to fail in its bid to oblige pension funds to invest in the U.K. without ensuring that there is a sufficient pipeline of viable assets, a panel of experts warned MPs on Wednesday.

  • May 14, 2025

    Aviva's £3.7B Deal To Buy Direct Line Gets UK Investigation

    Britain's antitrust watchdog said Wednesday that it is investigating Aviva's proposed £3.7 billion ($4.9 billion) cash and stock acquisition of rival insurer Direct Line, saying it has concerns about competition.

  • May 14, 2025

    Pensions Watchdog Raises Alarm Over Lack Of Guidance

    The Pensions Regulator urged savings plans on Wednesday to issue guidance — or what it called a sat-nav — for people approaching retirement, after a report found that most workers cash out as soon as they can.

  • May 14, 2025

    Insurer Settles €17M Project Delay Dispute With Wind Farm

    The U.K. branch of insurer Ergo Versicherung has agreed to a settlement in its €17.3 million ($19.5 million) dispute with an Irish energy company and its Dutch shareholder over the delayed construction of a wind farm.

  • May 13, 2025

    FCA Proposes Paring Back Insurance Rules To Boost Growth

    The Financial Conduct Authority proposed Wednesday to remove unnecessary requirements from its insurance rule book to reduce company costs and fuel U.K. growth.

  • May 13, 2025

    Only Half Of Mid-Retirees Expect Pensions To Last, Aviva Says

    Only half of pension savers aged 65 to 75 are confident they are on track to make their retirement savings last for the rest of their life, insurance giant Aviva has said, calling for a tool that would help retirees in the middle of retirement gauge their financial prospects.

  • May 13, 2025

    FCA Reports Progress On Misconduct MoU With China

    The City watchdog has said it is working on a memorandum of understanding with the National Financial Regulatory Administration in China to help detect misconduct early.

  • May 13, 2025

    EU Insurtech Sells Italian Arm To Private Equity Firm

    Wefox Insurance AG said Tuesday it has sold its Italian business to private equity giant JC Flowers & Co., as it wraps up a restructuring of the wider business.

  • May 13, 2025

    Pension Providers Agree To Invest £25B In UK Projects

    The government said Tuesday that it has struck a deal with the pensions industry that could result in £25 billion ($33 billion) of investment in U.K. infrastructure and clean energy projects.

  • May 13, 2025

    Peugeot Invests $125M In Insurance Broker BroadStreet

    The company that represents the interests of French industrial dynasty Peugeot said Tuesday that it plans to plow $125 million into U.S. insurance brokerage BroadStreet as it moves to diversify its investments away from the automobile sector.

  • May 13, 2025

    Starboard Hotels, Liberty Mutual Settle COVID Cover Action

    The owners of 21 hotels across England have agreed to settle their attempt to claw back £21 million ($28 million) from Liberty Mutual Insurance Europe SE to cover losses they allegedly suffered during the COVID-19 pandemic.

  • May 12, 2025

    WTW Launches Insurance Solution For FinTech Companies

    Global insurance broker Willis on Monday launched an insurance product it said would meet the needs of financial technology companies as they look to grow.

  • May 12, 2025

    Most Fail To Verify Fraud Requests, Finance Trade Body Finds

    Only one in 10 people who takes steps to protect themselves from financial fraud checks the logic of requests for action, according to research published Monday by Take Five, an anti-fraud campaign led by UK Finance.

  • May 12, 2025

    LCP Forecasts Pensions Bill 'Crammed' With Policy Changes

    The U.K. government is likely to use forthcoming pensions legislation to include a number of reforms that have been planned for years, a consultancy said Monday.

  • May 12, 2025

    Mayer Brown, Gowling Guide £120M Charity Pension Deal

    Pensions insurer Rothesay said Monday that it has secured retirement savings plan liabilities worth £120 million ($160 million) for a scheme sponsored by charity and exam board AQA Education, in a deal guided by Mayer Brown LLP and Gowling WLG.

  • May 12, 2025

    Japan's Dai-Ichi Increases Stake In UK Asset Manager To 15%

    Japanese life insurer Dai-ichi Life said Monday that it will increase its stake in Capula, a British hedge fund, to 15% as it seeks to grow its asset management business and diversify risk.

  • May 09, 2025

    Lloyd's Body Calls For Reduced Reporting Under New CEO

    The Lloyd's Market Association has urged the new chief executive and chair of Lloyd's of London to streamline regulatory obligations with other watchdogs in the City, among other commitments the trade body said would help take the specialist insurance market "up a gear."

  • May 09, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen a subsidiary of State Street Corp. sue British sports betting giant Entain, Manolete Partners and HSBC tackle action just weeks after signing a £17 million revolving credit facility agreement, and a commercial fraud claim launched by EFG Bank against Mirabaud & CIE.

  • May 09, 2025

    AIG Wins COVID-19 Loss Payout Row With Cornish Hotels

    A judge ruled on Friday that AIG does not have to pay the two owners of bars and hotels in Cornwall for losses suffered during the COVID-19 pandemic because the policy did not specifically cover the coronavirus disease.

  • May 09, 2025

    EU Fund Managers Call To Simplify EU Sustainability Package

    Europe's fund managers on Friday backed the European Union's bid to streamline the bloc's sustainability regulations, but warned "excessive" reductions in reporting requirements could limit investors' access to crucial environmental, social, and governance data.

  • May 09, 2025

    Gov't Announces Overhaul Of £25B Welsh Pension Fund

    The U.K. government said Friday that the £25 billion ($33.2 billion) public sector Wales Pension Partnership fund will be overhauled to invest more in local communities, as part of a wider effort to tap the retirement savings industry for growth in Britain.

Expert Analysis

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

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    The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.

  • The Outlook For Autonomous Vehicles In The UK And US

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    As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

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    Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

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    In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.

  • The Evolution Of GDPR Enforcement Across The EU

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    With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills.

  • Series

    Why I Became A Lawyer: Being There For Families In Trouble

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    My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

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    Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.

  • Zurich Case Brings Clarity To Complex Contempt Proceedings

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    The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation.

  • What A No-Deal Brexit Would Mean For Dispute Resolution

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    In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans.

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

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    Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.

  • Roundup

    Pursuing Wellness

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    In this Expert Analysis series, leaders at some of the law firms that committed to the American Bar Association's 2018 pledge to improve mental health and well-being in the legal industry explain how they put certain elements of the initiative into action.

  • Series

    Why I Became A Lawyer: Expanding The Meaning Of Diversity

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    My conservative, Catholic parents never skipped a beat when accepting that I was gay, and encouraged me to follow my dreams wherever they might lead. But I did not expect they would lead to the law, until I met an inspiring college professor, says James Holmes of Clyde & Co.

  • 2 Perspectives On Navigating The Litigation Funding Process

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    Paul Martenstyn of Vannin Capital and Daniel Spendlove of Signature Litigation share their top tips on how to get a case funded, drawing from their respective experience as a funder and a lawyer.

  • Answers To Key Legal Finance Ethics Questions

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    While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.

  • Competing Legal Factors Vex Insurance Arbitration Disputes

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    The Fifth Circuit ruled in May that international arbitration policy trumped state insurance law in McDonnel Group v. Great Lakes Insurance. But the courts have been inconsistent in applying conformity-to-statute clauses, the McCarran-Ferguson Act and a related U.S. treaty in the battle between federal preemption and state reverse preemption, says Gilbert Samberg at Mintz.

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