Personal Lines related articles – Page 35
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NewsOngoing inflation is like motor insurance industry ‘kryptonite’
Solera’s vice president for industry relations tells Insurance Times why increasing inflation could be like kryptonite
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NewsPricing ’ping pong’ could force those in poverty to sacrifice insurance – SMF
The research claims those on the lowest incomes ‘continue to pay more for being poor’
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NewsAviva’s ‘simple and nimble’ approach helped COR performance
The insurer says it has been ‘working hard on its efficiency’
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NewsCriterion Adjusters managing director hands ‘over the reins’ to c-suite colleague
The appointee, who has spent over 30 years in insurance, will ‘drive’ the business into the ‘next phase of its exciting growth journey’
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NewsAviva UK GI posts small rise in COR as ‘challenging market conditions’ bite
The insurer’s GWP also saw an uptick across last year
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NewsGadget insurer concludes next phase of its digital transformation work
Chief executive of the digital agency that supported the change programme says that although insurance companies were ’once seen as the bastions of tradition’, they are now ’becoming innovators’
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NewsAdmiral Group posts COR of 101.7% for 2022
The insurer’s group chief executive says she is ’proud of the agility and adaptability that Admiral demonstrated’ in 2022
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NewsHome insurance startup Locket partners with reformed burglar
The insurtech aims to help customers actively prevent claims instead of just resolving them with claims payouts
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NewsCyber criminals take aim at geopolitical targets and IT supply chain – CyberCube
Financial services which includes insurance remains one of the most heavily targeted industries according to CyberCube’s report
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NewsBiba launches holiday scheme in anticipation of UK holiday boom
The scheme will provide brokers with the ability to ‘help clients and create business opportunities’, says head of technical services
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News AnalysisBriefing: HNW insurers must work with brokers better to tackle ‘nightmare’ Range Rover cover conundrum
Following increased Range Rover thefts, HNW insurers have put the brakes on their risk appetite for policies covering these cars
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NewsCazoo sells Cazana to Percayso Inform for undisclosed sum
Managing director describes purchase as ’a transformational deal’
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NewsGhost broker threat will require rethink on efforts to combat fraud – Markerstudy
‘We fully expect we will see an increase in fraud in the coming year,’ says head of counter fraud
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NewsInsurers’ appeal over court’s hybrid injury decision criticised as case backlog mounts
Industry commentator believes ‘insurers seem to be cutting off their nose to spite their face’ with move to disagree Court of Appeal finding
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NewsLV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
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NewsTravel MGU Tifgroup ‘excited’ to once again serve UK broker market after capacity loss
The MGU has revealed a new portal for brokers
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NewsTiming of car insurance renewal alters premium costs ‘significantly’ – Forbes Advisor
Changes in costs can be due to issues of timing or risk, says motor insurance spokesperson
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NewsBrits' confidence in overseas travel renewed as policy sales increase – World Nomads
The insurer’s insights reflect that UK travellers have ‘well and truly cast the shackles off post-pandemic’, says general manager
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NewsHousehold premiums fall 6% year-on-year despite 2022’s extreme weather costs
The average price paid for combined buildings and contents insurance was £300 last year
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NewsInsurers must work together to improve consumer trust if they are to avoid outside regulation – ACSO
Insurers demonstrating that they can collaborate effectively on claims would mitigate the need for potential government involvement, says executive director
