Business

IUA Sets New Agenda to Fortify the London Market
Insurance IUA Sets New Agenda to Fortify the London Market

A Proactive Vision for London's Future The International Underwriting Association (IUA) has unveiled a refocused and ambitious strategic agenda, setting a clear course to bolster the London company market’s global standing through 2026. Championed by new Chief Executive Chris Jones, this agenda

Utmost Group Sells Pension Division to JAB Insurance
Insurance Utmost Group Sells Pension Division to JAB Insurance

In a significant move that signals a strategic recalibration within the European insurance landscape, Utmost Group has officially entered into an agreement to divest its entire bulk purchase annuity (BPA) business, Utmost Life and Pensions (ULP), to JAB Insurance. The comprehensive deal, which is

Outmarket AI Tool Streamlines Insurance Sales Proposals
Insurance Outmarket AI Tool Streamlines Insurance Sales Proposals

The intricate and often tedious process of crafting commercial insurance proposals has long been a significant operational bottleneck for brokers, consuming valuable hours that could otherwise be dedicated to client engagement and strategic growth. In a landmark move poised to reshape this

Pharmacists Face Critical Gaps in Liability Insurance
Insurance Pharmacists Face Critical Gaps in Liability Insurance

For countless pharmacists diligently serving their communities, the annual renewal of their professional liability insurance feels like a routine measure of security, a shield against the unforeseen risks of their practice. This sense of protection, however, is often a dangerous illusion. While

Why Is Utmost Selling Its Pensions Business?
Insurance Why Is Utmost Selling Its Pensions Business?

In a decisive move that signals a significant realignment of corporate strategy within the financial services sector, Utmost Group has reached a landmark agreement to divest its entire Utmost Life and Pensions division. The buyer, JAB Insurance, the Miami-based global insurance arm of JAB Holding

Insurers Face Hidden Risks in Outsourced Asset Management
Risk Management Insurers Face Hidden Risks in Outsourced Asset Management

The relentless pursuit of higher yields has pushed many insurers to entrust their investment portfolios to specialist asset management firms, a move designed to leverage market expertise and unlock greater returns. This strategic delegation, however, masks a significant and often underestimated

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