Personal Lines related articles – Page 53
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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
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NewsAviva launches online only car cover that commits to offset customers’ carbon emissions
The proposition has ‘a strong focus on renewability and sustainability’ says UKGI chief executive
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NewsAdmiral’s UK motor book drives up business profit for 2021
The insurer’s financial results have mostly improved since 2020 thanks to its ’sameness in our core values and our approach to our people, customers and products’
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NewsEsure records ‘minimal’ 2021 profit ahead of focusing on digital-centric strategy
Around 80% of the insurer’s profitability is being reinvested back into developing the business
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AnalysisBriefing: FCA shows its ineptitude with buildings insurance
The FCA has been warned on numerous occasions there was an issue, but it failed to act
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AnalysisBrokers have a ‘key role’ following latest Scottish fire safety legislation
Five years on from the Grenfell Tower incident, and fire safety legislation is still being rolled out, the latest measure from the Scottish government, however, places brokers at the forefront of customer education
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NewsFCA’s fair value set to impact new business for insurers – GlobalData
Data and analytics firm believes that there is ‘good evidence’ that FCA’s fair value regulations have affected insurers pricing strategies already
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NewsHome and motor premiums experience ‘stark’ uptick following FCA rule change
Market research firm finds that premiums in these lines of business have experienced the biggest one-month jump in eight years as a result of the FCA eliminating price walking
