Personal Lines articles – Page 63
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News
Insurtech partners with WHSmith to offer insurance to UK retail customers
The retail business is making an ‘innovative move’ to provide insurance for its customers and ‘shake up the traditional retail insurance market’
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News
New EU speed limiter tech could hit UK car insurance prices
Insurance premiums ’could be reduced’ if new technology succeeds in cutting down the amount of accidents on UK roads, says aggregator Confused
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IT Interview
Axa’s UK retail business unveils refreshed digitisation-driven strategy
Axa appointed a new chief executive for its UK retail business at the end of last year – Insurance Times catches up with the new hire to find out her plans for the portfolio and why brokers are core to her strategy
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News
FCA’s pricing reform ‘timeline is very aggressive’ – Axa
The insurer is ‘going helter skelter’ to meet the year-end deadline for pricing changes in the motor and home insurance markets says UK retail boss
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News
Clearer e-scooter rules needed for insurance policy development – More Than
More Than is ready to work alongside the ABI and government to further understand options for a legislative framework around e-scooters
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News
Irish competition authority secures commitment from six insurers to combat price signalling
Despite the end of the CCPC’s formal investigation, the authority ‘is in no way giving the industry a clean bill of health’ when it comes to organisations’ culture around compliance
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News
Markel provides motorcycle cover capacity for US insurtech
The offering is a ‘natural progression in the evolution of motorcycle insurance’ says executive underwriting officer
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News
Jobs at risk as Endsleigh migrates some personal lines business to A-Plan
Endsleigh Insurance is proposing some changes to its distribution and branding model, to refocus its core business on student, education and charities
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News
FCA updates GI pricing rules following stakeholder feedback
Changes include reporting requirements around commission-rebating and the definition of renewal business
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News
Premium Credit inks telematics, van and home insurance deal with RAC
The premium finance provider looks forward to the partnership continuing for many years to come
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News
Zurich believes it has been ‘been at the forefront’ of tackling BI claims backlog
UK chief exec adds that the insurer has yet to see the ‘benefits’ of the OIC portal coming through following its launch in May
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News Analysis
Ghost broking continues to be a ‘substantial problem’ for the industry
As the IFB warns new and younger drivers about bogus car insurance policies, Insurance Times finds out what this means for the industry
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Features
Biba seeks to extend signposting reach to improve access to insurance
Increasing amounts of data and the impact of the pandemic are making it ‘increasingly difficult’ for insurance seekers to obtain cover, adds committee chair
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News
ABI and ACSO statement of intent for faster claims processing expires
ACSO executive director says that it was always intended to be temporary - many of the practices have now become ‘business as usual,’ however
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News
Marshmallow finalising cash injection to become latest insurtech unicorn
The company will join other unicorns revealed this year, including Bought by Many, Zego and Tractable
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News
FCA pricing reform will encourage ‘evolution rather than a revolution’ – Admiral Group
The group will be investing in ‘planting new seeds for product diversification’ to improve customers’ claims journeys, adds chief exec
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News
Neos’ UK consumer awareness could prove ‘challenging’ for Sky – GlobalData
A quarter (25%) of respondents in GlobalData’s survey who have household insurance also own a smart thermometer
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News
Allianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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News
Fewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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News
Admiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021