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Jensten’s three acquisitions: Aviva’s Glasgow office, Swiss Re’s CFO

















































Three Jensten acquisitions; Aviva’s Glasgow office; Swiss Re’s CFO – Insurance Post





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Friday summary

Friday Wrap-Up: Insurance Post summarizes the most important insurance deals, launches, investments and strategic moves of the week.

WITH Insurance post this week

Markerstudy Group acquires Hughes Insurance

Undisciplined car insurers risk dragging the market down

FCA takes first steps to achieve proportionate regulation

Allia


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Allianz gives Howden a book on musical instruments

Howden has agreed to purchase a music insurance offering from Allianz UK.

Martin from DynaRisk on cyber resilience in the insurance industry

DynaRisk’s Andrew Martin discusses cyber resilience among UK insurance companies, examining what motivates hackers, common threats and the challenges businesses face.

Q&A: Chris Rolland, AllClear and InsureandGo

Following the sale of InsurEvo, the parent company of AllClear and InsureandGo, CEO Chris Rolland talks about what this means for the broker going forward, the post-pandemic travel insurance market and how he plans to introduce more AI into the day-to-day running of the business.

FSCS to pay £160m to failed insurers in 2023/24

The Financial Services Compensation Scheme paid out £423m in compensation to customers in 2023/24, with £160m going to customers of collapsed insurers – less than expected.

FCA takes first steps to achieve proportionate regulation

The Financial Conduct Authority wants to hear comments on the level of regulation of commercial and bespoke insurance products and insurance companies, and to launch a review of the requirements following the introduction of the consumer duty.

Markerstudy Group acquires Hughes Insurance

Markerstudy Group has announced plans to acquire Hughes Insurance, subject to regulatory approvals and customary conditions. This will be the first transaction since the FCA approved its merger with Atlanta.

Allianz’s PL automotive product; Voyager is acquired; BMS’s development director

Friday Wrap-Up: Insurance Post summarizes the most important insurance deals, launches, investments and strategic moves of the week.

Cuvva CEO on achieving profitability in a turbulent insurtech space

In its 2023 annual report, the car-sharing insurance company revealed it made a loss of £6m in 2022 and an adjusted profit of £3.8m in 2023.

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