Personal Lines articles – Page 43
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NewsStephen Kennedy: Firms ‘won’t be bored in 2023’ with general insurance pricing
Pearson Ham’s director of insurance pricing states that a ‘fine balance needs to be struck between inflation, competition, demand and growth’
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NewsClimate change, cyber risks and ESG top sector challenges for 2023 – RPC
Climate change, ESG concerns and cyber risks all take their place in the key trends to look out for this year
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NewsRoyal Mail hit by ‘cyber incident’ that caused disruption to international post
Royal Mail has apologised for any inconvenience caused and has also launched a full investigation alongside cyber crime experts
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News AnalysisIFED is working to eliminate ‘blight’ of ghost brokers
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses how the unit has sought to tackle ghost broking
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NewsDirect Line navigating further motor claims inflation
The insurer noted that claims inflation remains a feature of the market
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NewsDirect Line predicts home and commercial lines claims of £90m
The insurer has scrapped its final dividend for 2022 but has assured shareholders of its intention to restore balance sheet resilience
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NewsFCA proposes updated guidance to support insurance customers in financial difficulty
The regulator is aiming to solidify its stated support for consumers struggling with the cost of living crisis, says executive director for consumers and competition
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IT InterviewQ&A: Investment in regional branches strengthens local broker partnerships – Axa Commercial
Axa Commercial chief executive Jon Walker tells Savan Shah how the firm is now better equipped to support SME customers
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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News AnalysisBriefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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NewsMotor insurance premiums rise 17.4% over past year – Consumer Intelligence
The average price for a motor insurance policy reached £877
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IT InterviewPeter Thompson: ‘Challenge anything’ mindset behind BGLI’s 30th anniversary success
Broker chief executive says that being acquired by Markerstudy Group has created a ‘formidable’ player in the personal lines market that does not have ‘any bounds in terms of ambitions’
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NewsAviva launches new young driver insurance product
Quotemehappy Connect will allow young drivers to earn cheaper premiums via safer driving while providing personalised advice to less safe motorists
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News AnalysisBriefing: Legislation sorely needed to help mitigate ‘six-figure’ e-scooter claims
However, with the onset of legislation, the potential for first and third party fraud could rise
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NewsManyPets chooses European digital insurer as its new UK carrier
MGA ManyPets UK has partnered with European digital insurer Wakam as its new UK carrier.
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IT InterviewQ&A: ‘Granular claims data with cross-search functionality has been a big blind spot for the market’ - LexisNexis Risk Solutions
Insurance Times speaks with Carla McDonald, director of insurance claims product management at LexisNexis Risk Solutions, about how claims data can be better utilised to support brokers
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News AnalysisBriefing: Drone cover moving from ‘niche’ to ‘vanilla’ risk for insurance sector
As more businesses look to deploy in-house drone capabilities, corporate cover requirements need to change to accommodate this risk
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IT Awards 2022Insurance Times Awards 2022: Horwich Farrelly’s Holly technology ‘is the result of collaborative working at its very best’
David Scott, partner and head of innovation and client solutions at Horwich Farrelly, reveals why the law firm should take the prize for Excellence in Technology – Service Provider at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Optimum Speciality Risks believes its home cyber product is ‘revolutionary’
Freddy Knight, co-founder and innovation director at Optimum Specialist Risks tells Insurance Times why he believes his firm should win the MGA Initiative of the Year prize at the 2022 Insurance Times Awards
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NewsFCA to clamp down on insurers avoiding fair value claim payments
The regulator has seen evidence that some claimants are being offered prices lower than their vehicle’s true market value following claims
