Personall Lines – Page 24
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New accident, absence, health and travel insurance MGA launches
’OneBefore is poised to usher in a new era of insurance excellence and sustainable value,’ says chief executive
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Heightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
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New GTA independent chair appointed
’I look forward to playing my part in effecting the compromises that will be required to get a successful result,’ says new appointee
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Storm Babet a warning for UK insurers to focus on building resilience
’Insurance can be a very important part of building resilience to the increase in weather-related disasters,’ says senior lecturer and coauthor
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Tesco Bank appoints new chief underwriting officer
’He brings a breadth of experience and technical expertise,’ says chief insurance officer and underwriting chief executive
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HNW collectors want more risk guidance to protect possessions
’We understand the importance of protecting art, collections and valuable possessions,’ says underwriting director for art and private clients
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Pricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
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Darker nights predicted to trigger rise in home and motor theft claims
Less light in the evenings ‘provides greater opportunities for thieves’, says head of motor claims
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Warning as motor claims plummet in Q3 2023
’Those claiming for injuries sustained continues to fall,’ says executive director
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Halkett to leave ManyPets after more than four years
’My insurtech journey is not ending here,’ says outgoing chief underwriting officer
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Ransomware attacks changing ‘quite dramatically’ amid ‘massive uptick’ of cases
’The malware started to drop away, so it’s just cyber extortion,’ says chief executive
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PeppercornAI addresses rising costs in motor industry with SaaS offering
’We’re on a mission to help the entire industry accelerate its digital transformation’ says chief executive
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Consumers not engaging with insurers before cutting back on cover
“It is troubling that, instead of reaching out to trusted providers, many people are turning instead to what is often unregulated financial and investment advice,’ says chief insights officer
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Average price of motor premiums rise at record pace in Q3 2023
’Motorists of all ages have seen new business quotes soar,’ says insight manager
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Aviva among insurers exploring bids for RSA’s UK PL business
It came after RSA owner Intact said it was exploring strategic options for the PL arm
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Provenance teams up with John Clark for new insurance venture
’This new brokerage is an important step in our motor distribution strategy,’ says chief executive
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CDL inks five-year deal with insurance solutions provider
’We’re extremely excited about the opportunities that modernising our tech stack will bring,’ says managing director
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Top 50 Insurers 2023 digital edition now live
The final ranking of the UK’s top general insurers has now arrived for 2023 – but where has your firm placed?
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John Lewis pauses offering EV cover after underwriter decision
’Our underwriter has temporarily paused offering new policies and renewals,’ says lending arm
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week