Personal Lines related articles – Page 34
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News
Horse owners need to feel ‘value’ of insurance as prices hike
‘The cost to treat even the least severe of conditions is considerably more than it was only a few years ago,’ says chief executive
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GRP enters pet insurance market with broker acquisition
Buying the business will provide GRP’s Insync with the opportunity to apply its ’digital capabilities to a growing brokerage’, says managing director
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‘Changing behaviours’ contributing to slowdown of personal injury claims – ACSO
’Many are not seeking out the redress available to them,’ says executive director
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Biba Manchester deputy chairman joins Broadway Insurance Brokers
’Having him come on board illustrates how very seriously we view the importance of risk,’ says chief executive
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Money-laundering fraudster acting as ghost broker pocketed over £300,000
Detective constable says fraudster ’had no regard for others’
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Former Aviva Group chief executive Wilson resigns as Abacai director
The insurtech was launched in 2021 and handpicked insurance heavyweights for its leadership team
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Winslow signs letter urging minister to address ‘vital need’ for changes to planning rules
’More must be done to take account of the role nature plays in climate adaptation and mitigation,’ says letter
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Former Hastings chairman leads £2.7m fundraise for Percayso Inform
’We believe that Percayso Inform will play a key role in helping insurance providers of all shapes and sizes,’ says managing director
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Warning as data shows insurers ‘need to up game’ ahead of Consumer Duty deadline
’As part of its new Consumer Duty, the FCA should clamp down on firms that fall below the required standards,’ says expert
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News Analysis
Sabre’s move to CDL heralds ‘more sophisticated pricing’ for the insurer
Prices can now be set and rolled out in one day instead of having a six week wait via the traditional process
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News
Tenants issued insurance warning as ‘concerning number’ secretly sublet
’Subletting is not covered under most landlord insurance policies,’ warns landlord product manager
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Aviva inks deal to purchase Barclays home insurance portfolio
’It is an important strategic step in growing our direct personal lines portfolio,’ says managing director
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News Analysis
Briefing: Dominoes tottering as falling motor market margins cause exits
With a slew of recent reassessments of involvement in the motor insurance market, what can we expect going forward?
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News
Lab grown diamonds – the next risk headache?
Head of bespoke insurance warns insurers that they will ’not want to pay more’ than they need to in replacement costs
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Increases in motor insurance premiums outstrip CPI inflation
’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing
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Tractable announces plan to bolster R&D after raising just under £50m
’I’m excited by what we can achieve,’ says Insurtech 50 chief executive
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Financial and Legal forms new partnership as it targets private rental sector
’The partnership signals our longer-term strategy,’ says managing director
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News Analysis
Briefing: Resilience vital as rising tide of flood risk threatens insurance sector
The country, its government and its insurers will need to act on the threat that flooding is posing and will continue to pose
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News
Drivers with penalty points at risk of significantly heightened premium costs – Forbes Advisor
’Data shows a drastic increase from just one to three points,’ says expert
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Flood Re grows policy numbers and GWP despite profit drop
The mutual reinsurer has also given an update on the uptake of its Build Back Better scheme