Catch up on insurers’ 2024 full-year financial results
Insurance Times rounds up all of the coverage around insurers’ full-year financial results for 2024, published in Q1 2025
Allianz UK increases revenue to £4.66bn in 2024
’Through improved technical expertise and pricing capabilities, we traded successfully in challenging markets,’ says chief executive
Ecclesiastical appoints Allianz leader as new intermediary managing director
’I look forward to meeting the team and reconnecting with the market,’ says appointee
Allianz issues EV battery warning after £6.5m spent to cover fires
’The severity and financial impact of lithium-ion battery fires are considerable,’ says head of motor trade
Allianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
The biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 3 to 7 February 2025
Insurer gender pay gap reports flag senior staff imbalance and part-time job problem
Median gender pay gaps across the UK’s largest insurers are higher than the national average – but how are these firms seeking to improve pay parity?
In Focus: Are brokers at risk of losing market share as embedded insurance grows?
’If distribution is moving from analogue to digital – and the brokers aren’t moving with it – that creates a vacuum,’ says director
TechTalk: Insurance fraud and the AI arms race
’Those insurers that don’t invest or haven’t invested in this sort of technology will be left behind, if they haven’t been already,’ says head of claims counter fraud
Briefing: Soaring EV sales spark new underwriting concerns over fire risks
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
Allianz to offer degree apprenticeships as it looks to attract more young talent
The Big Question: Following M&A, how do leadership changes impact company culture and staff retention?
Briefing: Management moves may highlight a deeper industry problem
In Focus: New public-private partnership opens door to new counter fraud capabilities
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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