Personal Lines related articles – Page 54
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News
Travelers buys Trōv’s technology assets
The insurtech’s founder and chief executive says Travelers is ’the ideal company’ to take its ’technology to the next level’
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Analysis
Changes to the Highway Code set to cause ‘absolute chaos’ for commercial fleet drivers
Brokers will be at the forefront when it comes to educating the public about the changes, while insurers will need to watch out for fraud
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News
Ageas UK’s 2021 net result rises by 14.6% as new strategy bears fruit
Profit improved in 2021, despite the insurer’s motor book suffering a financial dip
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Analysis
Insurers brace for claims as Storm Eunice batters UK
UK insurers put surge plans in place ahead of Storm Eunice hitting last week, but commentators agree that improved infrastructure resilience is the long-term answer as extreme weather events are on the up
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Analysis
Is postal workers’ pet hate driving dog-related public liability claims?
Following increased pet ownership during the pandemic, pet-centric public liability claims could be on the up – commentators believe fraud in this area is unlikely, despite policyholder feedback
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News
Marmalade adds Ageas UK to black box insurer panel
While the current economic climate drives up motor insurance demand, the deal aims to ensure ‘more comprehensive and cost effective policies for young drivers insuring their own car’, says chief executive
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Analysis
Briefing: Are medical reports the latest snag in the OIC portal process?
Are medical reports behind the noted uptick in psychological injuries being added to whiplash claims and are firms deliberately delaying issuing claimant medical reports to save costs?
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News
Synetiq signs green parts contract with personal lines insurer
The ‘significant’ expansion of the firms’ partnership ‘underlines the importance of working together to drive cost savings and reduce emissions’, says chief executive
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Analysis
Motor market back in black as claims fall
Insurance DataLab unpicks underwriting in the motor insurance market, flagging the financials of successful firms that have weathered pandemic and regulatory-induced trends
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News
ComparetheMarket names storms as most common weather damage claim
There is a policyholder knowledge gap about the risk of local flooding, the aggregator reports
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News
High Court still to determine damages following Marshmallow and Mulsanne judgment
The judge ruled that ’Marshmallow was conscientiously trying to avoid the use of Mulsanne material’ despite insurer’s trade secret theft claim
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News
Beazley partners with Lloyd’s Lab alumni on IVF insurance proposition
Beazley believes the product is ’unique’ and will ’change the status quo’
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IT Interview
Chubb UK commits to offering brokers ‘stability’ following five star personal lines recognition
Flourishing in the HNW market means creating ‘a marriage of the right wordings, expertise, service delivery’ and finding ‘coverage to support clients’, says insurer’s head of personal risk services
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News
ThingCo expands into Northern Ireland with new broker association deal
The agreement marks the insurtech’s first move into Northern Ireland
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News
End of dual pricing ‘calls time’ on unfair customer treatment – Honcho
The insurtech’s chief executive says the regulation marks a ‘new dawn’ and ’a whole new era across personal lines’
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News
BGL Insurance adds Arch Re-owned MGA to insurer panel
Following the MGA’s acquisition last year, BGLI’s associate director believes now is the ‘ideal opportunity’ to link up
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IT Interview
A ‘strong focus on relationships’ sees Covea retain five star recognition in personal lines report
‘Outside the box’ underwriting has helped the insurer maintain its five star streak with personal lines brokers, according to its director of intermediated distribution
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Analysis
Briefing: What happened? Hiscox slides on broker service
Hiscox falls in Insurance Times’ personal lines broker service survey
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IT Interview
Zurich plans to ‘work hard to keep ahead of competitors’ following five star report success
The insurer’s head of personal lines emphasises that Zurich has an ‘appetite to grow’ in 2022, alongside demonstrating a focus on claims and sustainability
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News
Lemonade expands pet insurance offering into new state
Policyholders will be able to create a package of personalised insurance and have access to a range of preventative add-ons