Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
’It is a one stop shop and single point of truth for organisations if they want to understand a particular market,’ says chief executive
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
It comes after the regulator warned that it could repeat the action it took with the Gap market in other sectors
PCW confirms that home premiums grew 13% last year, leading consumers to search for savings shortcuts – but the insurance industry must still strive to combat underinsurance in this line of business
Sponsored content: Stephen Kennedy, director of insurance pricing at Pearson Ham Group, discusses whether home insurance premiums are turning a corner
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
’An expanded scale will only help in securing more competitive premiums for all our partners’ customers,’ says chief distribution officer
A ‘suits and trainers’ organisational culture that embraces the ‘right talent’ is the ‘magic sauce’ underpinning insurtech’s comprehensive growth strategy, says group managing director
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
’We have been highly impressed by the company’s achievements to date,’ says partner and head
The Labour party already has motor insurance premiums in its sight – but how long until home insurance starts to face the same level of scrutiny?
’We see a big opportunity to grow our presence in the home insurance market,’ says managing director
’Buildings insurance complaints have been steadily on the rise for some time,’ says director of insurance
Uninsure made the deal as it is in ‘need of a strong home insurance panel’, says chief insurance officer
Insurance DataLab reveals exclusive analysis of the five largest business lines in UK general insurance, detailing which products are currently the most profitable
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
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