Personal Lines related articles – Page 44
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AnalysisBriefing: Was the MoJ’s part two consultation response worth the bother?
With a five-year gap since the initial reform consultation and the OIC portal still posing functionality problems, has the MoJ taken the easy way out with its no change agenda for part two of the whiplash reforms?
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NewsSabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range
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NewsOndo becomes first insurtech to make IPO in UK following purchase
The escape of water insurtech formerly known as LeakBot aims to lead the revolution towards sustainable risk reduction by scaling up its product globally
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NewsMoJ unveils no change to credit hire and rehab in part two whiplash reform consultation response
The government will work with industry stakeholders to see whether arrangements such as the GTA should become mandatory, however the emphasis is on the ‘industry to keep its own respective houses in order’
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NewsAdmiral chooses Nuvalaw and Trust Arbitration to fast track personal injury claims
The new solution can expedite motor claims resolutions from weeks to days and cut costs for insurers
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News‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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IT InterviewShirley Woolham: ‘Thematic response’ needed by claims sector to ensure OIC portal success
Law firm chief executive acknowledges that despite ‘issue after issue’ and ‘moaning’, the Official Injury Claim portal ‘is not going away’
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IT InterviewBen Smyth: Insurance does not currently cater for young adults
Insurance Times speaks to startup insurtech Arma Karma on the importance of insurance not being viewed as a ‘grudge purchase’ by 18 to 35-year-olds
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NewsMinster Law to offer brokers claims service that is ‘bothered’ about protecting indemnity spend
Chief executive reveals that law firm is ‘absolutely exploring’ how to support smaller brokers with claims
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NewsMIB and Wipro partnership set to overhaul industry’s data services
The deal will help MIB to better respond to the evolving needs of its customers
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NewsIreland follows UK with home and motor price walking ban
The new law will come into effect from 1 July 2022 and exclude new customer discounts
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NewsCo-op Insurance and aggregator partner on pet cover
High premiums for pet insurance are putting pet lovers off adopting a furry friend, but Co-op Insurance’s discounted new policy could help
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NewsBy Miles enters Italy with pay-by-mile proposition
Italy is the first stop for the insurtech as it gears up to expand into other European territories
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IT InterviewSelling commercial arm enables Ageas UK ‘to do exactly what we intend’ in personal lines market
The insurer’s chief executive believes ‘average just isn’t good enough’
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NewsAround 800 UK accidental damage claims per year are dog-related – Aviva
Home insurance policies usually have exclusions for pet-related damage, including chewing, scratching and fouling
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AnalysisBriefing: Sector collaboration is quicker and more certain solution to tackle spoof ads versus OSB
The insurance industry must work together to collate information and case studies if it is to prevent ad spoofing from ‘legitimising fraud’
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NewsSpecialist cycling insurer reports 8% rise in claims
Over half of payouts were for bikes or kit worth under £500
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NewsYoung renters struggle to afford cover amid financial pressures
UK general insurers therefore have a key role to play in preventing the decline of household penetration rates
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Sponsored ContentInsurance prices remain uncertain following FCA rule change – Pearson Ham
Stephen Kennedy, director of insurance pricing at Pearson Ham, reviews how the FCA’s general insurance pricing reform is bedding in after coming into force from 1 January 2022
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NewsERS premiums and COR hit by Covid-19
Underwriter confident of disciplined underwriting strategy despite results dip
