Personal Lines articles – Page 56
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NewsUK General Insurance partners with insurtech on new product
The cover is designed for students, young professionals and renters as the partners eye creating a ‘fundamental’ change in contents insurance, says insurtech founder
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AnalysisIn Focus: Ex-Love Islander’s burglary reawakens HNW underinsurance and social media risks debate
Brokers have a key role in advising clients about the dangers of sharing details of their valuables on social media, as well as helping to prevent underinsurance
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NewsSam White reveals corporate psychologist as new Freedom Services Group chief executive
Incoming boss seeks to provide ‘therapy for the whole business’ to eliminate organisational obstacles, says White
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NewsCo-op Insurance and Markerstudy launch pet cover with Towie’s Pete Wicks
The pair hope to help make pet adoption more affordable
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AnalysisUK’s changing climate will drive industry focus on innovation and risk management
Brokers that can help businesses with “training, monitoring and being ready” ahead of potential flood damage can ensure their commercial clients have a “massive differentiator”
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NewsManifesto 2022: Biba urges Road Traffic Act amendment post-Brexit
Changing the Road Traffic Act could save UK motor insurance policyholders £50 each
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NewsMotor injury claims reported to government body plummet in 2021 – ACSO
Despite the FCA introducing new pricing rules to protect consumers, the insurance industry reaping £3.3bn in profits is the ‘beneficiary’ from in the drop off in motor claims, says executive director
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NewsManifesto 2022: E-scooters need compulsory public liability insurance
The trade body has also called for e-scooter insurance policies to be exempt from insurance premium tax
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NewsFCA’s GI pricing reform wreaks havoc for consumers seeking cheaper premiums – GlobalData
The ‘largest threat to insurers’ following the pricing rule change ’is likely to be from pay-per-mile motor insurers’, says insurance analyst
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AnalysisHouse of Lords debates need for e-scooter safety regulations and compulsory insurance
Speakers in the House of Lords last week debated the safety of e-scooters on UK roads and whether more stringent regulation is needed amid claims that ’the pavements have become a jungle’
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NewsCar insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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NewsNew Scottish fire safety legislation could invalidate home insurance policies
The new legislation is set to come into force on 1 February 2022 in Scotland requires interlinked smoke alarms to be fitted by this date
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NewsCPP Group UK buys Alpha Underwriting
The transaction marks the insurtech MGA’s second acquisition in three years
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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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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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NewsFCA pricing rules cause wind of change for car insurance premiums – Consumer Intelligence
Different pricing strategies at play will bode for an ‘interesting few months’ for the UK motor insurance market, says pricing expert
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NewsBlink Parametric partners with travel insurance MGA
The insurtech’s head of product believes the partnership provides reassurance to customers as ‘travel is still on a path to recovery’ following the Covid-19 pandemic
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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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NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
