The Home Office has announced a public consultation seeking views on three proposals aimed at blocking some of the key business models utilised by ransomware criminals.

Payouts relating to property damage in 2024 are expected hit their highest level in 17 years, according to UK insurance sector analysis by Deloitte.

The Insurance Fraud Bureau is to combine its counter-fraud databases into a single platform which it says will enable members to make faster and more informed decisions on suspected fraud cases.

Miller has expanded its Asia presence with the launch of Miller Korea. The new division will be led by David Kim as head of Korea. Over the past 25 years, Kim has served in a range of leadership positions across the insurance sector, including as CEO of Marsh Korea. Prior to this, he worked for ten years in the investment industry, including at Morgan Stanley in Japan.

The chief executive officer of Lloyd’s, John Neal, is to leave the insurance marketplace this year to join Aon as global CEO of reinsurance and global chairman of climate solutions. During his six years at Lloyd’s, Neal led a reset in the strategic direction of the world’s largest insurance marketplace. He also set up Lloyd’s strategic agenda to deliver digital, operational and cultural change at the Leadenhall institution.

HealthKey has announced its first major partnership with UK construction accreditation body, Veriforce CHAS. The healthtech platform offers a suite of services, including virtual GP consultations, physiotherapy, preventative care and mental health support.