Company News

Most life insurers say they currently use little or no automation, according to a survey from Willis Towers Watson. The Actuarial Reporting Automation survey quizzed life and property and casualty (P&C) insurers...

Healthtech firm Hexarad has secured £1.7m capital investment from private equity and infrastructure investment manager Foresight Group as part of a £2.3m funding round. The healthcare technology company, which provides teleradiology services...

A programme which enables 'career break' professionals to return to the insurance sector has proven so successful that its organisers are considering renewing it for a new batch of recruits later this...

Insurance service provider Phoenix Group has agreed to sell Ark Life Assurance Company to Irish Life Group for €230m (£197m). Ark Life is a closed book business which manages heritage savings and...

Owl Financial, The Openwork Partnership’s protection advice business, has improved its gender balance and recruited more than 165 advisers in the first half of this year. The firm said a major focus...

Legal & General has introduced two optional protection benefits for customers available exclusively through intermediaries – fracture cover and private diagnostics. Both can be purchased as an add-on when taking out one...

New Zealand life insurer Fidelity Life has appointed Bronwyn Kirwan as its new chief sales and service officer. Kirwan, who most recently has been leading Swiss Re-owned insurer IptiQ, has held distribution...

Professional indemnity insurance (PII) provider Beazley has appointed Troy Dehmann as chief operating officer with immediate effect. Dehmann (pictured) has more than 20 years of leadership experience in finance, operations and business...

The Chartered Insurance Institute (CII) has teamed up with the Southampton Data Science Academy (SDSA) to develop a course aimed at helping insurance professionals meet data and artificial intelligence (AI) challenges head...

Health and protection insurer The Exeter has launched Income First combining its Income One and Pure Protection products. The insurer said the new product is designed to simplify the income protection journey,...