Personall Lines – Page 23
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Motor insurance payouts reach record high in Q3 2023
’These figures highlight how motor insurers deliver when motorists need them the most,’ says director of general insurance policy
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Bspoke Group expands policy book with personal lines acquisitions
’It was always our intention to combine organic growth with acquisitions where they have a clear strategic fit,’ says chief executive
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Current investment in UK flood defences not enough to combat climate-related losses
Chief executive warns continuous investment in flood defences alone is ‘not sufficient’ to mitigate the foreseen losses
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How is connected car technology reshaping premiums based on individual driver behaviour?
’As technology advances with connected cars, the accuracy of the personalisation for car insurance premiums will only improve,’ says head of retail specialty trading
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Allianz Partners issues statement about contract dispute with Revolut
’Since 15 June, we no longer provide travel insurance to Revolut customers,’ says spokesperson
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DLG-owned Darwin hits customer milestone by ‘doing motor differently’
’What we are doing in insurance is a long-term play, which means slow and steady,’ says founder
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John Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
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Earnix names biggest challenge for UK insurtechs
’It’s difficult because there are multiple factors contributing to it,’ says chief executive
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Millions of homeowners at risk of underinsurance as house rebuild costs surge
’As house prices fluctuate, it’s important not to confuse your home’s value with its rebuild cost,’ says expert
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Motor insurers need to be ‘flexible and adaptive’ over approach to connected cars
’As more of those vehicles come on the road, it will be obvious what additional risks are and how we need to handle the data, says senior VP
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ManyPets appoints new UK chief executive as part of c-suite reshuffle
’We remain focused on evolving our offer to meet current challenges,’ says new appointee
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Aviva UK GI posts rise in undiscounted COR due to economic headwinds
However, the insurer saw growth in its personal and commercial lines divisions, driving an increase in GWP
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Broker attention needed as HNW clients express underinsurance concerns – Ecclesiastical
‘It’s more important than ever that brokers are speaking to their clients,’ says underwriting director for art and private clients
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Recent surge in motor premiums making cover unaffordable for UK drivers
’It is concerning that one in four drivers are struggling to afford cover,’ says managing director
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Out now: Top 50 Brokers 2023 digital edition
Which firm has claimed the top spot as the number one broker in the UK general insurance market? Insurance Times and MarshBerry reveal this year’s broker ranking
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Aviva warns insurers of telematics challenge that connected cars could present
’This connectivity is not just a technological advancement – it represents the future of motor insurance as well,’ says head of retail specialty trading
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Property insurers facing ‘mixed bag’ of news over claims costs
’Insurers need to consider fluctuations in the cost of materials, running plant equipment and labour,’ says head of property
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Motor insurance prices rise at record pace – but is ‘stabilisation’ in sight?
’The upcoming months will reveal whether this trend materialises,’ says director of insurance pricing
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More motor and home insurance customers relying on credit to pay for cover
’There has been a sharp rise in the number of people turning to credit,’ says marketing and communications director
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Acturis inks partnership with DLG on Motability Scheme
’This is one of the biggest single projects undertaken by Acturis,’ says boss