Flood Re has developed an online e-learning platform to provide free training on the Flood Re Scheme and the Build Back Better initiative. The academy was launched at the Association of British Insurers’ headquarters and comprises five modules.
Aviva estimates that 83% of UK adults are planning a holiday this year, either overseas or in the UK. Its latest “How We Live” report found that more than 40% were planning to spend more than last year on holidays. It said the average budget for those heading overseas was more than £4,000 while a staycation was in excess of £2,000. Aviva said 11% of travellers chose never to buy insurance when travelling abroad.
HM Treasury has published its findings from a review of its whiplash reforms in a report entitled: “Effect of the Civil Liability Act 2018 on motor insurance policyholders.” The report covered three reporting years: 2020/21, 2021/22 and 2022/23. It found there was a year-on-year decrease in the total value of third-party personal injury claims under private motor insurance policies.
The Ardonagh Group completed 68 acquisitions in 2024 and announced a 24% rise in reported income to approximately £1.5bn. It said reported adjusted EBITDA grew by 31% to £527m. During the year, the group expanded its international footprint, entering Spain and New Zealand for the first time. In February 2025, it refinanced group borrowing and its average cost of debt is now 7.5%.
Document processing specialist Input for You has partnered with AI-powered automation firm Netcall to adopt its AI-driven intelligent document processing platform, Liberty IDP. The move has reduced the average wait time of payback claims from 20 days to under four for its insurance and health insurance clients. It has enabled Input for You to redeploy hundreds of staff who had previously been tasked with manual data input.
Tesco Insurance and Money Services has signed a deal with Zensar Technologies to implement a comprehensive modernisation and digital transformation programme. The partnership will enable Tesco IMS to establish a scalable, cloud-first ecosystem. It will also enable Tesco IMS to carve out its operations from Tesco Bank, following the sale of its banking operations to Barclays UK and implement the specific regulatory controls required for the insurance business.