Personal Lines articles – Page 11
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News Analysis
Latest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
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News
Football club partner launches insurance broker
’The launch has enabled us to bring more services to our customers,’ says managing director
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Insurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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Uinsure goes on hiring spree after RSA exit results in big deals
’An expanded scale will only help in securing more competitive premiums for all our partners’ customers,’ says chief distribution officer
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PE firm set to sell Open GI as ‘definitive agreement’ confirmed
’The transfer of ownership is expected to be completed in the fourth quarter,’ a spokesperson said
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What will the Autumn Budget hold for the insurance industry?
Measures announced by Chancellor Rachel Reeves at the end of October will undoubtedly impact on the insurance sector in a number of ways – but what are the biggest things to watch out for?
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IT Interview
Martin Schultheiss: Uinsure actions ‘really high growth strategy’ following PE investment
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
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News
Revealed: Which firms won at the Tech and Innovation Awards 2024?
Double wins and debut successes at the 2024 Tech and Innovation Awards – was your firm among the winners?
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News Analysis
Richard Morley: The secret behind cost pressure-busting lower classic car premiums
’We still see a large percentage of our customers paying less than £100 – pretty cheap,’ says broking director
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News
Reducing exclusions can boost customer trust and profitability – Holmes
’Reducing or eliminating certain exclusions could enhance customer experiences and underwriting profitability,’ says chief executive
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News
Go Compare strikes deal with insurtech to boost pricing
’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
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News
Laka acquires renewal rights to insurance provider’s bike portfolio
’This renewal rights acquisition forms part of Laka’s mergers and acquisition strategy,’ says chief executive
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IT Interview
Ben Legg: Open GI homing in on ‘North Star’ of empowering brokers to write better business
’We see our role in the market to empower our brokers to write more and better quality business, as well as improving the lives of anyone using insurance products,’ says chief product officer
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News
Many claims experiences ‘breaching’ consumers’ trust in industry – Holmes
’This substandard customer experience often gives our industry a reputation of being scammers who are happy to take the customer’s premium,’ says chief executive
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Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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Motor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
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Specialist insurance provider snaps up ex-Aon leader for senior underwriting role
The appointee is ‘looking forward’ to collaborating with brokers in delivering a ‘superior insurance product’
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PE firm acquires 50% stake in home and motor MGA
’We have been highly impressed by the company’s achievements to date,’ says partner and head
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News Analysis
Briefing: What can the industry learn from the latest FCA value measures?
Insurance DataLab hazards an estimate at what other lines of business could face the same treatment as Gap insurance from the regulator
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News
Civil court cases still facing major delays
’Access to justice is still hugely delayed, therefore access to justice is still being denied,’ says executive director