Association of British Insurers

Association of British Insurers | November 26, 2018

Industry veteran Otto Thoresen, whose more than 35 years of experience includes time spent as director general of the Association of British Insurers, now has another role to add to his list of credentials. Effective February 15 next year, Thoresen will serve as chair and trustee director of the BT Pension Scheme (BTPS) one of the largest company pension schemes in the UK, with assets under management of around £51 billion and approximately 292,000 members....

Association of British Insurers | June 12, 2018

For anyone thinking automated driving has arrived, sorry but the UK insurance industry believes otherwise and wants carmakers to let the driving public know that. The Association of British Insurers (ABI) and Thatcham Research have today issued a warning against the use of the word “autonomous” by carmakers calling for crystal clear marketing and literature so as not to give drivers a false sense of security....

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...