Personal Lines related articles – Page 9
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News
Policy Expert hires ex-Aviva leader for c-suite role
’I look forward to working closely with the team at Policy Expert to accelerate growth,’ says new appointee
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Aviva issues flood risk warning as residents turn to artificial lawns
Chief executive warns changes ’can make it more difficult for water to be absorbed’
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UK motorists ‘stretching the truth’ to lower car insurance premiums
’Lying to secure lower insurance premiums is never a sensible idea,’ says chief executive
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Regulatory action warning issued as motor complaints surge
’Consumer Duty means that the FCA has never been more interested in customer outcomes and this type of data,’ says co-founder
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Van insurance premiums rise – but rate of increase is slowing
’The recent two quarters movements suggest that the rate of inflation is showing signs of slowing,’ says senior insight analyst
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News Analysis
Insurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
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Sony unit backs Urban Jungle as it raises £11.2m
’This funding is a testament to the hard work of the team,’ says chief executive
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Ancile appoints new chief executive
’I am thrilled to be joining Ancile at such an exciting time in the company’s journey,’ says new appointee
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News Analysis
TechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’
Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager
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HugHub chief executive retires
’While I am stepping away from the full-time executive arena, I remain passionate about the general insurance industry and technology,’ says top boss
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Supreme Court mixed injuries ruling opens way to dispute resolution adoption
’In three to five years, dispute resolution will be the norm for settling these types of claims,’ says commercial director
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Motor premiums stabilise – but cost to insurers mounts
’These figures show how competitive the motor market is,’ says director
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Home premiums surge by 31% in Q1 2024 as insurer costs rise
’Home insurance premiums continued to rise in the first three months of the year,’ says director
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PeppercornAI raises more than £3m to develop AI platform
’Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive
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Video: Navigating Excellence Webinar – Diving Deep into the 2024 Commercial Lines Ratings
Following the release of Insurance Times’ 2024 Five Star Rating Report: Commercial and Personal Lines, deputy editor Yiannis Kotoulas sat down with an expert panel to discuss what factors make for excellent broker service
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ABI clamps down on motor premium finance charges
’The principles announced today are one of a raft of actions we are taking to tackle the cost of motor insurance,’ says director
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'Record breaking’ amount of IPT collected as premiums rise
’Reducing or removing IPT would be a step in the right direction,’ says head of insurance consulting
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Blink Intermediary Solutions strikes new deal to bolster offering
’We have developed a highly compelling proposition to enable brokers to offer a frictionless, service-led premium finance solution for their clients,’ says head
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News Analysis
Complaints handling not up to scratch as complaints volumes soar
Consumer Duty has placed a greater spotlight on complaints data, however findings for UKGI show that ‘more than a third of cases’ are being overturned by the ombudsman
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‘Very tough’ personal lines market could drive more broker M&A
’The personal lines market, car in particular, is extraordinarily hard,’ says chief operating officer