Personal Lines articles – Page 68
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News
Side hustle spike causes motor claims concern - ThingCo
Delivery driving, in particular, carries a greater amount of risk than vehicles insured for social, domestic and pleasure purposes
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Insurers must prepare for bank holiday fire damage claims - Aviva
The insurer says that its payouts for domestic fire claims settled in 2020 amounted to £21,000 on average
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News
Allianz and SYNETIQ launch green parts-based repairs platform
The new initiative is a ‘great step forward’ in ‘automated and sustainable motoring solutions’
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News
Majority of claimants still set to be represented by law firms or CMCs in new whiplash portal
Chief commercial officer questions ‘whether the hard yards of the last few years are really worth it’ if claimants fail to use the portal as Litigants in Person
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News
MGA takes on Biba-backed travel book
As part of the agreement, the MGA has also recruited a new senior underwriter
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News
Cuvva challenges motor insurers with app-based subscription
Chief exec says ’annual car insurance is not inclusive’, so Cuvva’s subscription aims to ’support drivers that aren’t served well by the current market’
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News
Van insurance premiums fall by 2% year-on-year - Consumer Intelligence
‘Driving habits’ are a key contributing factor when it comes to premium pricing, says market research firm
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LexisNexis Risk Solutions partners with Mercedes-Benz
The agreement re-establishes the power of using advanced driver assistance systems for more personalised insurance
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News
Government ‘needs to put some rules in place’ for e-scooter use – Weightmans
Privately purchased e-scooters outside of the government’s schemes are unlikely to have insurance – cover requirements must be made clearer said law firm partner
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News
Wrisk closes £4.6m funding round
The insurtech will be using the funding to grow its team and scale its platform further
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News
Government needs ‘to do something positive’ to clarify impact of EU Vnuk ruling on UK law
The UK cannot rely on Brexit to eliminate the potential extra premium costs associated with the Vnuk ruling – the government must legislate, says law firm partner
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News
Right Choice Holdings inks deal with motorcycle broker
The acquisition adds ‘greater diversity’ to Right Choice Holdings’s portfolio
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Features
Briefing: Brokers’ risk management role is key in preventing ‘contentious’ cyber ransom payments
The recent Colonial Pipeline cyber attack should act as a ‘wake-up call’ for businesses to better prepare for this emerging risk – and brokers are fundamental in laying risk mitigation groundwork
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News
By Miles and Covéa Insurance enter new UBI partnership
The insurtech’s chief executive and co-founder said the business has just seen its ’strongest sales months ever’
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News Analysis
Generational divide in understanding contents insurance poses underinsurance risk – Getsafe
Chief executive believes education should be ’a critical mission of the industry’ to ’make people enthusiastic about insurance again’
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News
Covéa and John Lewis enter five-year motor insurance partnership
This extends the pair’s existing partnership, the two also have plans to simplify the customer experience using technology
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News
AXA Partners and Insurance2go deal bolsters growth plans
The smartphone insurance market has a global market value of £23bn - it continues to grow 12% year-on-year
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Features
Briefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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News Analysis
Peers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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News
Markerstudy and Accredited reveal new insurance product
The launch aims to expand the group’s ‘predominantly wheels-based footprint’