Insurers paid out £6.1bn in property claims in 2025 – the highest annual total on record – according to the latest data from the ABI. In the final quarter alone, payouts reached £1.5bn, as adverse weather events continued to drive up claims costs.
Warranty and indemnity growth and adoption in 2025 is predicted to exceed the record-breaking levels recorded in 2024, according to the results of a study by broker and advisor HWF Partners. The study – based on data from 24 insurance and over 18,500 policies placed globally – suggests W&I has become an established mainstream product across Western Europe.
Ben Stokes, captain of the England cricket team will close this year’s BIBA Conference on Thursday 14 May. One of England’s highest profile cricketers, Stokes will reflect on his journey from young talent to England captain, sharing the mindset and leadership principles that have defined his career.
Zurich Insurance has been granted more time to determine whether it will make a formal offer to buy Beazley. Earlier this month, the firms reached an agreement in principle on key financial terms.
Specialist broker SEIB Insurance has teamed with equine reproduction firm Stallion AI Services to offer clients access to sport horse insurance with bespoke cover and discounts.
Digital broking and underwriting technology provider Artificial Labs has launched AgLabs, a new research and innovation arm which aims to harness agentic AI to meet the needs of clients in the specialty and commercial insurance sectors.
SiriusPoint has announced that its wholly owned subsidiary, International Medical Group, has acquired global travel insurance and lifestyle brand World Nomads. The acquisition expands IMG’s travel insurance distribution capabilities with World Nomads targeting a broad customer base of independent, lifestyle, and adventure travelers.
Generali has launched Generali Core Tech, a new group ‘software factory’ aimed at developing the technological transformation of the business by building scalable, shared platforms that support business growth.
Admiral Group has agreed to acquire digital commercial fleet insurance provider Flock for £80m in a deal that is subject to regulatory approval. Admiral said the acquisition would expand its product offering and enhance its existing capabilities across data and technology, distribution, pricing and claims, customer service and risk management.
Managing general agent BluNiche has launched a pharmaceutical recall insurance product that offers cover to pharmaceutical companies, contract manufacturers, contract packers, distributors and active pharmaceutical ingredient manufacturers operating worldwide. The product is backed by A+ (S&P) rated Lloyd’s security and provides cover for recall costs, loss of profits, and crisis consultancy services.
Managing general agent Euna has launched a new care sector recruitment insurance scheme. The packaged product offers a suite of covers to recruiters placing temporary staff into CQC-regulated care environments such as residential care homes, nursing homes and domiciliary care providers.
Motor insurers paid out £11.9bn and settled 2.5 million claims in 2025, according to data from the Association of British Insurers. In the final quarter of 2025, it said motor claims costs totalled £2.9bn. In Q4 2025, the ABI said the average cost of cover was £559, more than 10% lower than during the same period the previous year.
Purbeck Insurance Services has launched a new apprenticeship scheme and is about to begin interviewing candidates with the aim of starting two apprentices in April. The 18-month programme works towards a Level 3 Insurance Practitioner qualification. It will be delivered in partnership with training provider BPP.
Chaucer Group has teamed up with Armilla AI to offer an insurance solution – Vanguard AI – that caters for cyber, technology and AI-related liability within a single framework. It combines Chaucer’s cyber and technology errors and omissions product with Armilla’s standalone AI liability insurance and applies predefined allocation rules to events to allocate how the individual elements of cover will respond.
DOA Underwriting has launched a new private clients travel insurance product, underwritten by Axa and available only through brokers. Brokers can access the new cover via Sunworld, which is DOA’s online travel insurance platform offering quote and bind functionality.
Managing general agent Helix Underwriting Partners Bermuda has partnered with PartnerRe Insurance Programmes to launch Helix International, which offers direct and facultative property capacity within the London Market. It will provide all risk property coverage for clients ranging from small businesses to large corporations.
Ecclesiastical Insurance investigated more than 280 cases of suspected fraud in 2025, up by 20% on the previous year. Its actions saved more than £3m in fraudulent claims, of which more than £2m was accounted for by bogus casualty claims.
Zurich ups bid for Beazley
Motor insurers paid out £11.9bn in 2025 – ABI
Competition pushes home premiums lower
Purbeck goes live with new apprenticeship scheme
ABI guide helps SMEs address insurance gaps
Elevate secures primary capacity from Hadron
Money app Plum offers worldwide travel cover
MGAA sets out priorities for the coming year
Chase enters UK market with bundled proposition
Generali launches Core Tech software factory
HWF Partners' research reveals continued growth for W&I
Weather claims push property payouts to £6.1bn
Cricket star Ben Stokes to close BIBA conference
Artificial launches AgLabs research and innovation arm
SEIB and Stallion AI Services partner on sport horse cover
More time for Zurich’s potential Beazley deal
IMG acquires travel specialist World Nomads
Euna unveils care sector recruitment scheme
BluNiche launches pharma recall product