Insurance UK

  • January 19, 2026

    Lax AI Policy In UK Finance Sector Risks Harm, MPs Warn

    The absence of clear guidance from the government and regulators on the use of artificial intelligence by finance companies could cause "serious harm" to consumers and the financial system, lawmakers warned on Tuesday as they set out the steps needed to erect guardrails.

  • January 19, 2026

    Slaughter And May Guides Zurich's £7.7B Bid For Beazley

    Swiss insurance giant Zurich said Monday that it has made a £7.7 billion ($10 billion) proposed offer for London-listed Beazley PLC after the British rival rejected a lower offer earlier in January.

  • January 19, 2026

    Pensions Provider TPT Picks New Chief Compliance Officer

    British pensions provider TPT Retirement Solutions said Monday that it has hired Helen Taylor as its new chief legal, risk and compliance officer.

  • January 19, 2026

    MPs Endorse Emma Douglas For Chair Of Pensions Watchdog

    Senior MPs on a cross-party House of Commons committee have formally endorsed Emma Douglas to be the new chair of the pensions watchdog.

  • January 19, 2026

    Lloyd's Market Picks PwC Global Insurance Head As CFO

    Lloyd's of London has named its next chief financial officer, a PwC veteran who is set to join the insurance marketplace in April.

  • January 19, 2026

    Insurance CEOs Have 'High M&A Appetite,' KPMG Says

    Insurance chief executives have entered 2026 with confidence in the sector's growth prospects and a bullish appetite for mergers and acquisitions, but warn of increasing risks from AI and cyber-attacks, according to a report by KPMG published on Monday.

  • January 19, 2026

    PRA Warns Of 'Competitive Pressure' On Life Insurers

    The Prudential Regulation Authority has said it is concerned that insurers involved in the pension deals market could be tempted to take risks in order to maintain an edge in an increasingly competitive market.

  • January 19, 2026

    Tribunal Upholds FCA Ban, £2M Fine For 'Dishonest' Adviser

    The Financial Conduct Authority said Monday that a court has upheld its decision to ban and fine a financial adviser more than £2 million ($2.7 million) for misconduct it described as the worst it has seen over the British Steel Pension Scheme scandal.

  • January 19, 2026

    ​Eversheds Sutherland-Led Fintel Buys Data Biz For £11M

    ​Fintel PLC said Monday that a subsidiary has acquired the market pricing business of Pearson Ham Group for £11 million ($14.7 million) as it looks to expand its software and data division and strengthen its position in Britain's insurance sector.

  • January 19, 2026

    Over 1M Retired Households 'Mainly' Reliant On State Pension

    More than 1.2 million retired households in the U.K. are "mainly" dependent on the state pension for their retirement income, a retirement specialist company said Monday.

  • January 16, 2026

    London Broker Seeks Toss Of Yacht Owner's $2M Suit

    A London insurance broker urged a Florida federal court to toss a yacht owner's suit seeking $2 million in coverage over the sinking of its vessel off the coast of North Carolina, saying the court lacks personal jurisdiction because the broker has "woefully insufficient contacts" with the state.

  • January 16, 2026

    Lenders Seek To Halt $68M Nigerian Debt Proceedings

    The International Finance Corp. and Ninety One have asked a London court to block a Nigerian real estate company from pursuing proceedings in the west African country that say the lenders agreed to settle a roughly $68.6 million debt for less than half that amount. 

  • January 16, 2026

    Parliament Watchdog Targets Women's Pension Failings

    The parliamentary watchdog said Friday it has "serious concerns" over delays by the Department for Work and Pensions in its efforts to learn from the women's state pensions scandal.

  • January 16, 2026

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

    This past week in London saw the David Lloyd gym chain file an intellectual property claim against its founder, security company Primekings reignite a long-running dispute with the former owners of an acquired business, and a pair of Belizean developers sue a finance executive they say shut them out of a cruise port project.

  • January 16, 2026

    Travelers Latest Insurer To Pen AI Agreement With Anthropic

    American insurance giant Travelers has become the latest insurer to pen a partnership with artificial intelligence company Anthropic after announcing it had signed a deal that it said would grow its AI-powered engineering and analytics capabilities.

  • January 16, 2026

    EU Pensions Watchdog To Tighten Single Market Integration

    The European Union has launched its long-term strategy to strengthen and streamline the bloc's insurance and retirement sectors through to 2030, amid rising geopolitical, economic, environmental and technological turbulence.

  • January 16, 2026

    UK Businesses See AI As Growing Legal Threat, Allianz Warns

    More than half of U.K. businesses fear legal risks and damage to reputation from the rapid adoption of artificial intelligence, insurance giant Allianz has warned.

  • January 16, 2026

    Insurance Brokers Plan Directory To Boost Cyber Protection

    The British Insurance Brokers' Association has said it is working with the government to develop a directory of cyber insurance brokers in an effort to close the so-called protection gap at U.K. businesses.

  • January 15, 2026

    Insurance Sector Unveils Plan To Boost Consumer Access

    Two of Britain's leading insurance trade bodies on Thursday launched a plan to help retail customers find suitable cover in the wake of government efforts to improve financial inclusion in the U.K.

  • January 15, 2026

    Axiom Ince Says SRA Negligently Failed To Spot £65M Fraud

    Axiom Ince has accused the Solicitors Regulation Authority in a court claim of bungling a probe into the firm and missing a chance to prevent further losses stemming from its former chief executive's alleged misappropriation of £65 million ($87 million) of client money.

  • January 15, 2026

    Real Estate Investor Sues Insurance Broker Over Unpaid Loan

    A real estate investment company and an affiliate firm have sued an insurance broker and its sole director for their alleged failure to repay a loan worth almost £227,000 ($304,000) and breaches of obligations linked to the businesses.

  • January 15, 2026

    Gov't Drops Planned Probe Into UK Pensions Ombudsman

    The government confirmed it has dropped a pledge to carry out a review of the U.K.'s pension arbitration body, in the wake of the Atomic Energy Agency Technology retirement fund scandal.

  • January 15, 2026

    Pensions Watchdog Hires Treasury Mandarin As Policy Chief

    The Pensions Regulator said Thursday it has appointed as its new policy chief one of the leading architects behind the government's push for retirement funds to invest more in the economy.

  • January 15, 2026

    BoE To Streamline Big Firms' Risk Reviews With 2-Year Cycle

    The regulatory body of the Bank of England said Thursday that larger businesses will have to attend formal risk reviews only every two years as it moves to streamline their supervision.

  • January 15, 2026

    Pensions Co. Vidett Acquires London Governance Biz

    Governance and pensions services provider Vidett has acquired Bridgehouse Company Secretaries, an outsourced corporate governance business, as it strengthens its position in an evolving corporate services market.

Expert Analysis

  • UK 'Property' Classification Boosts Confidence In Bitcoin

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    In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.

  • 3 EU And UK Data Protection Tips During COVID-19

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    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

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    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

  • COVID-19 Insurance Considerations For UK Cos.

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    Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.

  • UK Group Data Breach Claims Pose Big Financial Risks

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    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

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    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

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    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

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    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

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