Personal Lines articles – Page 14
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NewsAA Underwriting extends vehicle data partnership with Percayso
The motor insurer made the move after being impressed with the initial deal
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News AnalysisBriefing: Discount rate may be first true indicator of insurers’ relationship with new government
Personal injury discount rate review could be telling for market participants amid Labour’s ambitions to reduce premium costs
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NewsAlps moves motor book to AmTrust
’This is a great decision for us and our customers,’ says managing director
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NewsIndependent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
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NewsNew travel-focused MGA launches
’We will be focusing on more innovation to improve our customers’ experience of insurance,’ says chief executive
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NewsMotor premiums fall in Q2 2024 after two years of increases – ABI
’After a very challenging period for insurers and customers alike, we’re encouraged to see an easing of increases,’ says director of general insurance policy
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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NewsJaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
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NewsNews High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (29 July to 2 August 2024)
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NewsWrisk reports 219% year-on-year growth in H1 2024
’Our figures for 2024 are testament to our ethos of continuous improvement,’ says chief executive
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NewsFirms ‘still have work to do’ to improve service a year on from Consumer Duty
’Consumer Duty really should be a win for both businesses who want to work more efficiently and effectively,’ says chief operating officer
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NewsJensten hits 1,000 employees as it completes three acquisitions
’Our growth is a testament to the hard work and dedication of our team,’ says chief executive
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IT InterviewGeoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
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NewsPercayso inks partnership with UK aggregator for vehicle pricing
’We are constantly searching for innovations that improve our efficiency,’ says founder
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NewsMGA backs government bill to mitigate lithium-ion battery fire risks
’Legislative change is urgently needed,’ says managing director
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IT InterviewSarah Willoughby: Ecclesiastical ‘on track’ to achieve art and private client growth target
An important driver in delivering consistent year-on-year gross written premium growth is providing quality service and education opportunities for brokers, says art and private client business director
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NewsSabre posts COR of 83.6% for H1 2024
’We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product line,’ says chief executive
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News AnalysisWill the lithium-ion battery boom trigger an insurance bust?
The rising use of lithium-ion batteries is increasing fire risks, prompting potential policy wording changes. How will the industry respond to this new challenge?
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NewsOndo reports revenue increase and continued UK growth
’Our focus in [financial year 2025] remains top line growth, driving towards cash flow break even by the end of the financial year,’ says chief executive
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IT InterviewSerge Raffard: Allianz Personal sees ‘huge opportunity’ in broker relationships
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
