Personal Lines related articles – Page 42
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NewsRansomware and cyber war wording innovation named in 2023 tech predictions – DAC Beachcroft
Cyber war endorsements could invite innovation, says the law firm
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NewsFraud experts warn of worrying rise in physiotherapist-driven ‘prognosis creep’ on OIC portal
The time needed for claimants to provide medical reports has increased in some cases, raising the risk of fraud
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NewsRecession and cost of living crisis triggers ‘pandemic of fraud’ – Weightmans
Both financially vulnerable customers and organised criminals are behind the increase, says the firm
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NewsStephen Kennedy: Firms ‘won’t be bored in 2023’ with general insurance pricing
Pearson Ham’s director of insurance pricing states that a ‘fine balance needs to be struck between inflation, competition, demand and growth’
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NewsClimate change, cyber risks and ESG top sector challenges for 2023 – RPC
Climate change, ESG concerns and cyber risks all take their place in the key trends to look out for this year
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NewsRoyal Mail hit by ‘cyber incident’ that caused disruption to international post
Royal Mail has apologised for any inconvenience caused and has also launched a full investigation alongside cyber crime experts
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News AnalysisIFED is working to eliminate ‘blight’ of ghost brokers
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses how the unit has sought to tackle ghost broking
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NewsDirect Line navigating further motor claims inflation
The insurer noted that claims inflation remains a feature of the market
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NewsDirect Line predicts home and commercial lines claims of £90m
The insurer has scrapped its final dividend for 2022 but has assured shareholders of its intention to restore balance sheet resilience
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NewsFCA proposes updated guidance to support insurance customers in financial difficulty
The regulator is aiming to solidify its stated support for consumers struggling with the cost of living crisis, says executive director for consumers and competition
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IT InterviewQ&A: Investment in regional branches strengthens local broker partnerships – Axa Commercial
Axa Commercial chief executive Jon Walker tells Savan Shah how the firm is now better equipped to support SME customers
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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News AnalysisBriefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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NewsMotor insurance premiums rise 17.4% over past year – Consumer Intelligence
The average price for a motor insurance policy reached £877
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IT InterviewPeter Thompson: ‘Challenge anything’ mindset behind BGLI’s 30th anniversary success
Broker chief executive says that being acquired by Markerstudy Group has created a ‘formidable’ player in the personal lines market that does not have ‘any bounds in terms of ambitions’
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NewsAviva launches new young driver insurance product
Quotemehappy Connect will allow young drivers to earn cheaper premiums via safer driving while providing personalised advice to less safe motorists
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News AnalysisBriefing: Legislation sorely needed to help mitigate ‘six-figure’ e-scooter claims
However, with the onset of legislation, the potential for first and third party fraud could rise
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Sponsored ContentPearson Ham: What is the general insurance pricing outlook for 2023?
Stephen Kennedy, director of insurance pricing at Pearson Ham, provides his estimations as to the direction of travel for general insurance pricing next year
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NewsManyPets chooses European digital insurer as its new UK carrier
MGA ManyPets UK has partnered with European digital insurer Wakam as its new UK carrier.
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IT InterviewQ&A: ‘Granular claims data with cross-search functionality has been a big blind spot for the market’ - LexisNexis Risk Solutions
Insurance Times speaks with Carla McDonald, director of insurance claims product management at LexisNexis Risk Solutions, about how claims data can be better utilised to support brokers
