Personal Lines related articles – Page 11
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News
FOS makes insurance prediction as more complaints expected in 24/25
’In the year ahead, it’s likely that our service will see increasing levels of complaints,’ says chief executive
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News
Home insurance premiums surge after bad weather strikes in Q1 2024
’The anticipated timing for lowering of home insurance premiums remains uncertain,’ says director
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News
Consumer trust declines following surge in insurance premiums
’The sharp rise in insurance prices is inevitably taking its toll on levels of customer trust in the sector,’ says managing director
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News Analysis
Is travel insurance next on the FCA’s radar?
The regulator’s approach to Gap insurance has signalled its enforcement style for 2024 – but could travel policies ‘riddled with caveats’ be the next product under the fair value spotlight?
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News
Zurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
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News
FCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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News
Insurance industry not matching customer expectations for green parts – Solera
’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director
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News
Supreme Court unanimously rejects insurers’ mixed injury appeal
People with mixed injury claims can claim full common law compensation for their non-whiplash injuries at the same time as the statutory tariff payment for whiplash, the court has ruled
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News
Bikmo enhances proposition with new partnership
’We’re looking forward to working with dealers to support their business by adding insurance to the mix of services they offer their customers,’ says global head of partnerships
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IT Interview
Owen Morris: Aviva’s personal lines growth is centred on being consistent, not ‘flashy’
Personal lines managing director is ‘fairly ambitious’ for 2024 and will be vigilant for ‘exciting opportunities’ around new products
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News
Broker to automate NCD verification process
’We can significantly improve our service and highlight potential discrepancies at an early point in the customer journey,’ says senior trading manager
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News
Aviva increases direct home cover limits
’We can offer more comprehensive protection for their homes and possessions,’ says head
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News
DLG making significant cost cuts after recording operating loss of nearly £200m
’We need to do more to drive performance,’ says chief executive
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News
Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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News
FCA business plan focuses in on Consumer Duty implementation
’We remain resolute in supporting the vital role the financial sector plays in the UK’s long-term economic growth,’ says regulator’s chief executive
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News
DLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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News
Cats knocking over TV among thousands of pet claims received by Aviva
’Our four-legged friends can inadvertently cause damage to our homes,’ says director
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News
Pet insurance premiums continue to rise in 2024
’The broader year-on-year movement is raising considerable concern,’ says director
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News Analysis
Briefing: UK can grab opportunity to support Islamic insurance
The London market has an expceptional opportunity to cement its place as one of the world’s Sharia-compliant insurance hubs
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News
Insurance industry facing ‘challenging period’ due to regularity of storms
Experts suggest that insurance firms are also facing challenges in adopting flood resilience schemes