Insurance UK

  • June 20, 2025

    Gov't Pulls Funding For Pensions Anti-Fraud Unit

    The government has stopped long-term funding for a specialist anti-fraud unit that has helped to claw back millions of pounds in redress for victims of pension dishonesty, the head of the sector's arbitration body said.

  • June 19, 2025

    Allianz To Ax 650 UK Insurance Jobs Amid Decline In Claims

    Allianz confirmed on Thursday that it would be cutting 650 jobs across its U.K.-based insurance businesses because of what it called changing customer behavior and fewer claims.

  • June 19, 2025

    Clear Group Expands UK Reach With Insurance Broker Buy

    Insurance broker Clear Group said Thursday that it has acquired CR Toogood & Co. Ltd., a commercial insurance broker based in the southeast of England, as the group strengthens its footprint in the region.

  • June 19, 2025

    AmTrust Wins Disclosure Appeal In £56M Claim-Funding Clash

    A London appeals court said Thursday that AmTrust should be able to see another insurer's communications with two law firms amid a £56 million ($75 million) battle over who should cover the costs of a failed litigation-funding scheme.

  • June 19, 2025

    Private Schools Face Tough Choices On Teachers' Pensions

    Independent schools in the U.K. should weigh whether the "generous" benefits of the Teachers' Pension Scheme risk redundancies and pay cuts, a financial consultancy warned on Thursday.

  • June 19, 2025

    Trend Toward 'Mega-Insurers' Pushing Premiums Down

    Insurers are likely to continue to cut motor insurance premium rates out of fear of losing market share to new "mega-insurers," according to a report published Thursday.

  • June 19, 2025

    Pension Trustees Told To Act Now On Incoming Reforms

    Pension plan trustees should act now to ensure they are prepared for recently announced reforms that will "fundamentally reshape" the market, according to Britain's retirement savings watchdog.

  • June 19, 2025

    Finance Advisory Biz Openwork Buys Partner Firm

    The Openwork Partnership, a U.K. financial advice network, said Thursday it has completed a transaction to acquire partner firm Milecross Financial Solutions Ltd. as part of its expansion plan.

  • June 18, 2025

    Colo. Judge Trims REIT's Antitrust MDL Coverage Dispute

    A Colorado federal court trimmed a real estate investment trust's suit seeking coverage for antitrust multidistrict litigation, saying the trust's statutory bad faith claim under Colorado law could not proceed because of a New York choice-of-law provision in its primary policy.

  • June 18, 2025

    SFO's Growth Push A 'Difficult Line To Tread' For Prosecutor

    The Serious Fraud Office's recent promise to assist UK PLC with growth has raised eyebrows among former officials who question the optics of adopting political talking points that, on the surface, appear to distract from investigating and prosecuting economic crime.

  • June 18, 2025

    EU Firms Warn UK Gov't Not To Ban Ransomware Payments

    A European financial markets trade body on Wednesday warned the U.K.'s Home Office that its proposed ban on paying ransomware demands to criminals could destabilize financial markets and lead to cross-border confusion.

  • June 18, 2025

    Howden Expands In Latin America With Chilean Broker Buy

    International insurance broker The Howden Group has acquired Chile-based rival Ureta & Fernandez Corredores de Seguros Ltd. to strengthen its existing position in the South American market.

  • June 18, 2025

    BoE Backs Innovation To Boost Financial Sector Resilience

    The Bank of England said Wednesday that its regulatory arm will support innovation to help companies become more resilient.

  • June 18, 2025

    CPP Sells Turkish Unit For £4.6M To Focus On Tech Platform

    CPP Group, an insurance products business, said Wednesday that a German company has agreed to buy its Turkish firm for £4.6 million ($6.2 million) cash, as it looks to focus on Blink, its insurance technology website.

  • June 18, 2025

    Lloyd's Insurers Monitoring Iran-Israel Impact On Shipping

    The London insurance market said Wednesday it will hold firm for now on marine cover for vessels operating in the Middle East, despite the ongoing conflict between Iran and Israel.

  • June 18, 2025

    Over 1M Gig Workers 'Can't Afford' To Save For A Pension

    More than a million "gig" workers in the U.K. cannot afford to save into a pension, a retirement savings company has said, amid growing fears that younger and more precarious workers will not have adequate savings in later life.

  • June 18, 2025

    Insurer Cowbell Appoints Director Amid Cyber-Market Surge

    U.S. cyber-insurance company Cowbell has appointed Kirsten Maley for the new job of director of claims in Britain, noting increased online attacks against companies and a rising demand for robust measures.

  • June 17, 2025

    Gov't Urged To Fix Civil Service Pension Failures

    The government has not effectively held to account the administrator of the £189 billion ($255 billion) Civil Service pension plan for failing to meet historic performance targets, Britain's public spending watchdog has said, urging policymakers to learn from the failures.

  • June 17, 2025

    EU Agrees Rules To Firm Up Cross-Border GDPR Enforcement

    European Union co-legislators have agreed new legislation to improve cooperation between national authorities when they enforce data protection rules across borders.

  • June 17, 2025

    EU Insurers Fail In 'Mystery Shopper' Exercise

    The European Union's insurance watchdog warned Tuesday that its first mystery shopping exercise across the bloc showed distributors of insurance-based investment products needed to provide better results for consumers.

  • June 17, 2025

    CMS Guides 'Landmark' £55M Pension Superfund Deal

    Britain's only defined benefit superfund said Tuesday that it has taken on £55 million ($75 million) in assets from a plan sponsored by a Christian missionary society, in a deal steered by CMS Cameron McKenna Nabarro Olswang LLP.

  • June 17, 2025

    Aviva Gets Green Light For £3.7B Direct Line Acquisition

    Aviva said Tuesday that it has passed all the regulatory hurdles for its £3.7 billion ($5 billion) cash and stock acquisition of rival insurer Direct Line, bringing it one step closer to creating a motor and home insurance giant in Britain.

  • June 17, 2025

    Birketts Steers BP Marsh Investment In Underwriting Agency

    B.P. Marsh & Partners PLC said Tuesday it has acquired a 27% interest in underwriter Cameron Specialty, as the private equity investor adds to its portfolio of insurance intermediaries.

  • June 16, 2025

    Pension Bill Could Unlock £600B Market For Superfunds

    Reforms floated by the government to the U.K.'s nascent superfund regime could widen access to the new type of consolidation vehicle to around half of all defined benefit schemes, representing around £600 billion ($816 billion) of assets, a consultancy said Monday.

  • June 16, 2025

    Just Group Secures £7M Pension Deal For Insolvent Builder

    Just Group PLC said Monday that it has taken on £7 million ($9.5 million) of pension scheme liabilities of insolvent construction company The McGregor Construction (Highlands) Ltd. Pension Plan in a deal guided by CMS.

Expert Analysis

  • #MeToo Pressure On UK Businesses Is Set To Rise

    Author Photo

    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.