This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 28 October to 1 November
Aviva and Allianz reportedly eyeing £1.5bn Esure acquisition
Esure is currently owned by Bain Capital
Insurance Times Awards 2024: Clearspeed’s partnership with Allianz Personal and Allied Universal ‘showcases a pioneering approach’
Manjit Rana, executive vice president at Clearspeed, talks about the company’s partnership with Allianz Personal and Allied Universal and why it merits the Claims Partner of the Year award
Allianz issues update on long running BI lawsuit
’We are pleased that the ongoing collaboration has now enabled final resolution of this claim,’ says director
SNP urges Labour government to ‘get a grip on the costs’ of motor insurance
’Inflation might be easing, but the crippling costs of car insurance are only getting worse,’ says party’s economy spokesperson
Insurer warns UK businesses that austerity is on the cards as debt threat drives decisions
‘UK public finances are weak and fiscal policy will start to tighten again from 2026,’ predicts senior economist
Which are the most complained about insurers?
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
Would I lie to you?
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
The rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
Briefing: Insurance industry at the centre of a new era of protests – and risks
Protestors targeting the insurance sector over covering broad risk classes is not new – however, deliberate action over insuring particular clients poses a new physical threat to businesses
Briefing: Commercial brokers are ‘very naïve’ about insurance fraud
The Big Question: How can brokers stay updated on cyber security threats and offer effective risk management support to commercial clients?
Motor insurance pricing cycle ‘close to a point of softening’
Colm Holmes: Brokers will see ‘fruits of our new strategy’
Serge Raffard: Allianz Personal sees ‘huge opportunity’ in broker relationships
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
Colm Holmes: Brokers will see ‘fruits of our new strategy’
The Allianz chief executive talks exciting plans for the new year
Graham Gibson: Claims ‘crescendo moment’ set to reach climax in 2023
The current ‘perfect storm’ of macroeconomic conditions could lead to an increase in fraud, arson and claims costs, says insurer’s chief claims officer
Gerry Ross: Commercial motor sector still going through the gears in face of ‘systemic’ challenges
Historic data for pricing is ’no longer applicable’, says Allianz head of motor
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