Personal Lines related articles – Page 8
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News Analysis
The rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
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Ageas in talks to acquire Saga’s underwriting arm and form major UK affinity partnership
’This transaction allows us to grow in a market where we already have real strength and expertise,’ says chief executive
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Warning issued as personal injury compensation claims nosedive
’Many people who have suffered painful injuries and disruption to their lives are not receiving the compensation they need and deserve,’ says chief executive
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Ex-Allianz Personal chief executive joins Zego board
’His advice will be absolutely crucial as we continue to deliver innovative products for our customers and growth for our shareholders,’ says chief executive
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Broker announces first acquisition since receiving major investment
’It’s great to have the fire power behind us to execute these sorts of opportunities,’ says chairman
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MGA and broker partner on new product to fill ‘critical market gap’
’This new offering exemplifies our commitment to develop customer centric insurance solutions,’ says chief executive
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News Analysis
Briefing: Cyber opportunities create new pressures for insurers
Acting quickly could be said to be insurers’ kryptonite – however, the supply and demand see-saw for cyber cover means insurers may need to embrace this discomfort
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Palestine Action protestors attack multiple Allianz locations and occupy Guildford HQ
The protest group says the insurer is a major financial backer of Israel’s arms and weapons industry
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Compare the Market investor ‘exploring sale’ of stake in PCW
The investor paid £675m for a 30% stake in 2017
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Markerstudy announces new c-suite after Atlanta deal
’I have been hugely impressed by her strategic nous and financial acumen since we brought the two businesses together,’ says chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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MIB reveals results from latest crackdown on uninsured drivers
The operation continues to take place on the M8 motorway between Edinburgh and Langbank
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Credit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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New president takes the helm at Cila
’It is an honour to be elected as Cila president for the coming year,’ says new president
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Zego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said
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News Analysis
What to do about homeowners shunning home insurance?
PCW confirms that home premiums grew 13% last year, leading consumers to search for savings shortcuts – but the insurance industry must still strive to combat underinsurance in this line of business
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Saga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year
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Insurtechs becoming more attractive as acquisition targets for insurance groups
’[It] can take a long time to get that sort of innovation and generate capacity, so it is often easier for insurance firms to go and buy an insurtech,’ says chief underwriting officer
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Majority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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Ageas UK expands broking team with two senior hires
’Their extensive experience and proven track records in the personal lines’ insurance market will be invaluable,’ says chief distribution officer