Insurance Times rounds up the biggest stories from 6 to 10 January 2025

Among the biggest stories this week include Aspen Insurance has unveiling plans to list in the US instead of the UK.

Documents show that just before Christmas, the firm filed paperwork with the US Securities and Exchange Commission over an initial public offering on the New York Stock Exchange (NYSE).

After this was announced, Aviva said that it had pledged more than £4m to Citizens Advice as it renewed its partnership with the charity.

The multiyear deal will see Citizens Advice use more funding from the insurer to further help people with cost of living pressures over the next three years.

There was also a big people move announcement, with Direct Line Group (DLG) confirming new appointments to its executive committee after Aviva agreed to purchase the insurer.

The insurer said Maz Bown, who was appointed chief risk officer in December 2024, will join the board, as well as Angela Yotov and Jane Storm.

Meanwhile, Extinction Rebellion (XR) occupied one of Marsh’s UK offices in its latest round of insurance-related protests.

Earlier this week (8 January 2025), the group targeted the broker’s Manchester office in 12 Booth Street, Belvedere.

Finally, USQ Risk announced that its UK chief executive David Hall had retired.

Hall, who has led the MGA’s UK operations since 2021, stepped down from his role at the MGA at the end of 2024.

He is retiring after spending three decades working in the insurance industry.

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