Personal Lines related articles – Page 56
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NewsNew Scottish fire safety legislation could invalidate home insurance policies
The new legislation is set to come into force on 1 February 2022 in Scotland requires interlinked smoke alarms to be fitted by this date
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NewsCPP Group UK buys Alpha Underwriting
The transaction marks the insurtech MGA’s second acquisition in three years
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NewsCustomer retention tops insurers’ concerns following FCA pricing changes – Trustly
Three-quarters of businesses have admitted to planning premium increases to balance policy figures following the last deadline of the FCA’s pricing reform
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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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NewsFCA pricing rules cause wind of change for car insurance premiums – Consumer Intelligence
Different pricing strategies at play will bode for an ‘interesting few months’ for the UK motor insurance market, says pricing expert
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NewsBlink Parametric partners with travel insurance MGA
The insurtech’s head of product believes the partnership provides reassurance to customers as ‘travel is still on a path to recovery’ following the Covid-19 pandemic
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NewsGoCompare and Coplus team up on home insurance initiative
The aggregator’s chief executive hopes the initiative will ’help people’s understanding of excesses in a general policy’
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IT InterviewProperty claims inflation and digital support tools will continue to impact claims sector in 2022
Tackling property resilience following flooding presents ‘a lot of opportunity’ for insurance industry this year, while digital tools target ‘hyper-convenience’, notes Zurich’s UK chief claims officer
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NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
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NewsTractable chosen as US-based insurtech’s AI partner
The insurtech says Tractable was a ‘clear choice’ as it aligns with its mission to deliver world-class technology
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IT InterviewDavid Nichols: Motor claims trends to watch in 2022
Insurance Times catches up with Zurich’s UK chief claims officer to find out what motor claims trends should be on the industry’s radar this year
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NewsAviva inks five-year deal with Basildon-based MGA
The deal builds on the pair’s existing motor and non-standard home partnership
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IT InterviewSimon Jackson: GoShorty plans to raise bar on policy sales and ‘further refine’ broker offering
The insurtech aims to become the dominant player in the market for temporary vehicle insurance
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AnalysisBriefing: OIC portal intention unfulfilled as LiPs still fail to engage with platform
Claims experts confirm that Official Injury Claim portal is not being used as intended, with representation levels high as new process is live tested on claimants
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News‘Stability’ in the immediate aftermath of FCA’s pricing reform ‘is likely to be short-lived’ – WTW
Broker’s head of UK personal lines pricing believes pricing ‘turbulence’ is set to ‘manifest over the next three months’
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NewsPersonal lines MGA appoints new chief underwriting officer
The new hire ‘will play a pivotal role’ in helping the business achieve ‘profitable growth’
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NewsMotor insurance prices hiked following new FCA regulatory reforms
Prices have jumped by more than £100 in the first days of 2022
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NewsAggregator price battles see home insurance premiums fall significantly
Consumer Intelligence updates on home insurance premium figures and trends in last 12 months
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Sponsored ContentCazoo Data Services: How will electric vehicles impact claims?
Kieran Fisher, insurance account manager at Cazoo Data Services, tells Insurance Times how EVs will fundamentally impact claims and how insurtechs will support this inevitable change
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NewsUK motor claims inflation soars amid costly cyclist accidents
Claims expert warns insurers that they face a challenging period ahead
