Household – Page 14
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NewsCustomer retention tops insurers’ concerns following FCA pricing changes – Trustly
Three-quarters of businesses have admitted to planning premium increases to balance policy figures following the last deadline of the FCA’s pricing reform
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NewsGoCompare and Coplus team up on home insurance initiative
The aggregator’s chief executive hopes the initiative will ’help people’s understanding of excesses in a general policy’
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IT InterviewProperty claims inflation and digital support tools will continue to impact claims sector in 2022
Tackling property resilience following flooding presents ‘a lot of opportunity’ for insurance industry this year, while digital tools target ‘hyper-convenience’, notes Zurich’s UK chief claims officer
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NewsAviva inks five-year deal with Basildon-based MGA
The deal builds on the pair’s existing motor and non-standard home partnership
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News‘Stability’ in the immediate aftermath of FCA’s pricing reform ‘is likely to be short-lived’ – WTW
Broker’s head of UK personal lines pricing believes pricing ‘turbulence’ is set to ‘manifest over the next three months’
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NewsMotor insurance prices hiked following new FCA regulatory reforms
Prices have jumped by more than £100 in the first days of 2022
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NewsAggregator price battles see home insurance premiums fall significantly
Consumer Intelligence updates on home insurance premium figures and trends in last 12 months
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NewsFlood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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NewsZurich sees call volumes surge following Storm Arwen
The insurer says these types of storms are becoming ‘commonplace’ in the UK
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NewsInsurtech names new chief executive
The new recruit will help lead the insurtech in its next growth phase
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NewsZurich launches initiative to help flood-stricken customers build back better
The insurer aims to reduce its carbon footprint and help customers that are victims of repeated flooding
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NewsLV=GI and think tank make policy proposals to end property development on high risk floodplains
The insurer’s claims director says the firm’s latest research highlights a ’concerning amount of current and future development in high flood risk areas’
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Sponsored ContentSupporting brokers following the FCA’s 2022 fair value reform deadline – Close Brothers Premium Finance
Elliott Hayes, Close Brothers Premium Finance’s commercial sales director, explains how the premium finance provider is helping brokers ahead of the FCA’s final deadline for its general insurance pricing reform
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NewsFlood Re chief exec urges focus on ‘Build Back Better scheme’ as ‘resilience is not being prioritised’
Homes need to be built ‘in the right place and in the right way’ to help make them ‘more resilient to rising temperatures and an increased risk of flooding’
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NewsHome and motor insurance markets predicted to be loss-making in 2022 – EY
The professional services firm also believes insurers will need to increasingly focus on environmental, social and governance factors
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NewsJohn Lewis pulls home insurance advert after FCA calls it ‘potentially misleading’
The retailer will be contacting all customers that bought the product while the advert aired to ensure there is no confusion
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AnalysisMichael Sicsic: FCA’s clamp down on price walking means industry needs to ‘get its act together’
Managing director says the complexity and difficulty of the FCA’s pricing rules may push smaller brokers to seek acquisitions from bigger firms
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NewsHB Underwriting partners with insurtech to launch tenants’ contents product
The cover aims to close the insurance accessibility gap for social and affordable housing tenants
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NewsGovernment explores underwriting home insurance for flammable cladding risk
Home insurance premiums have soared from £8m to £29m in a year, according to the Association of Residential Managing Agents
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NewsNeo-insurer Getsafe secures multimillion pound cash injection
The money will help expand the business, to reach more millennial buyers and fund its own insurance licence
