Household
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NewsPeriod homes cost over double modern counterparts to insure
‘People living in a period home, or those considering purchasing one, should be aware of the potentially higher insurance premiums that typically come with owning an older property,’ says expert
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NewsSurge in broker demand across non-standard home and motor market
‘These findings reaffirm what we hear from our broker partners every day – non-standard is where opportunity lies,’ says managing director
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NewsAgeas UK is ‘very interested’ in embedded insurance – Ant Middle
The personal lines insurer is exploring new embedded product propositions ‘right now’ as chief executive believes this model is ‘really important to the future development of our business’
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NewsFraud on the rise as Aviva reports fake claims up 14% in 2024
‘Investment in advanced analytics, machine learning models and continuous training for our people has significantly improved our fraud detection rates,’ says counter fraud leader
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IT InterviewAnt Middle: Organic growth focused plan seeks to put Ageas UK top of the personal lines pile
The insurer has ‘earned the right to think bigger as a business’ and topple the likes of Allianz, Axa and Hastings from the personal lines podium using product expansion, AI investment and a commitment to broker partners, says chief executive
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NewsDeal-linked Esure posts profit of £57.7m for 2024
’We have strengthened the business with a focus on optimising customer experience on our new platform and expanding our product offering,’ says chief executive
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NewsAgeas UK extends home cover partnership with Post Office for further five years
Chief executive describes deal as ‘strong example’ of the insurer’s ‘deep partnership DNA’
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NewsInsurers still charging ‘excessive’ interest to pay monthly, Which? warns
’For millions to face excessive charges due to their circumstances is unfair – and exactly the kind of issue the FCA should address,’ says director
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NewsAdmiral celebrates ‘remarkable’ 2024 with 90% uptick in group profit before tax
The personal lines insurer generated £4.78bn in insurance revenue last year, alongside a 19% growth in UK insurance customers
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NewsHome premiums drop for third consecutive month
’The continued decline in home insurance premiums is a welcome relief for policyholders after a period of sustained inflation,’ says product manager
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News AnalysisRooftop risks – how is the insurance sector tackling the proliferation of solar panels?
’Solar panels, while a valuable renewable energy source, present a number of risks that homeowners and insurers need to consider,’ says head of product
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NewsFlood Re appoints NED as new chief executive to succeed interim boss Logue
’Having been part of the organisation for the past few years, I have seen firsthand the positive impact that Flood Re can make,’ says new boss
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News AnalysisUK government’s housing expansion plans has industry nervous for flood risk impact
Recent storms coupled with the Labour government’s plan to build 1.5 million homes by the next parliament – a target set by prime minister Keir Starmer in October 2023 – gives the insurance industry pause for thought around balancing flood risk management, property insurance and demand for housing
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News AnalysisBriefing: Continued flood risk brings possible property protection gap to the forefront
A new protection gap between insured and uninsured property losses, driven by flooding in the UK, means it is more important than ever for brokers to be proactive when supporting clients
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NewsHome insurance premium uptick slows – but figures remain elevated
’The slowing rise of home insurance premiums should certainly be welcome news for UK households,’ says commercial director
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NewsHoliday hustler caught after £61,000 Covid scam
’His sentencing and upcoming confiscation proceedings demonstrate our commitment to bringing insurance fraudsters to justice,’ says detective constable
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IT InterviewQ&A: Geospatial intelligence data becoming more valued tool in brokers’ arsenal
Caroline Elliott-Grey, senior product manager for the UK and Ireland at LexisNexis Risk Solutions, explains how brokers can utilise geospatial data to better serve clients amid fluctuating climate
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NewsTop performing motor and home insurers revealed
’These brands excel at anticipating and addressing their customers’ needs, earning their place as standout leaders in the industry,’ says chief executive
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News AnalysisBriefing: 2025 shows little sign that the tide will turn
New year snowfall brings flooding front of mind for both the government and insurance sector – but how effective will resilience taskforce be?
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NewsAgeas and Saga confirm 20-year partnership and M&A binding agreement
UK chief executive describes the long-term collaboration as ‘an important milestone’ in the insurer’s development
