Personall Lines – Page 25
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News
Ripe secures 17% revenue growth in 2022
’This year, we’re continuing to prioritise innovation and strategic growth,’ says chief financial officer
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FCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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Clear Group caps recent flurry of acquisitions with independent broker purchase
The acquired business ‘will play an important part’ in expanding the broker’s footprint in the south west, says group chief executive
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MPs demand answers amid ‘growing’ backlog in OIC portal and rising premiums
The justice committee has published its findings after calling for evidence on the impact of whiplash reforms
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Direct Line Group reveals plans after launching motor ownership app Caha
’This is the beginning of a material shift as we seek to meet more of our customers’ needs more of the time,’ says director of partnerships and ecosystems
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Chubb launches lithium battery insurance proposition
The insurer says it has made the move to address a lack of capacity in the marine cargo market
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Ardonagh’s £1.2bn personal lines broking business merges with Markerstudy
The move will create a new personal lines player in the UK insurance market
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Allianz appoints Smith successor
’I want to ensure we can continue to go from strength to strength,’ says new appointee
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Premiums for drivers with vehicles under £10,000 soar by nearly 40% in a year
’The costs of repair, replacement and labour have risen significantly, impacting both insurers and motorists,’ says director of insurance pricing
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Insurers warned as motor and building insurance complaints hit five-year high
’Where these complaints are driven by insurers delaying paying out on claims, that’s unacceptable,’ says chief executive
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IT Interview
Tom Lawrie-Fussey Q&A: Insurers need ‘more granular data’ on vehicles’ history
’We are seeing a real hunger from insurance providers,’ says senior director of product management
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Policy Expert ‘broadening’ distribution relationships after ‘best month’ for renewals
’We’re laser focused on continuing to grow our market share,’ says executive chair
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Direct Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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Vast majority of motor insureds worried about premium rises – ALA Insurance
’2023 will undoubtedly be tough for consumers and insurers alike,’ says head of UK general insurance
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Travel insurance leads personal lines for potential growth
’This growth in annual travel insurance is reflective of a growing confidence and for many, a return to their normal calendar of travel,’ says chief executive officer
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Gallagher buys UK holiday and leisure homes broker
The purchase will ’enhance our UK retail capabilities in the niche personal lines space,’ says chief executive
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Ardonagh Advisory confirms duo of new acquisitions
’Ardonagh is a business that shares our high ambition,’ says managing director of acquired firm
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Does the UK flight cancellation chaos create a need for parametric insurance?
Chief executive says there is ’no doubt’ that the industry needs to prioritise ‘proactive’ insurance solutions
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More consumers actively looking for cheaper motor premiums as prices rise
’This year has seen the price of motor insurance increase alongside inflation,’ says chief executive
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Compass Insurance warns of increased claims from unpredictable weather events
’Static caravans are particularly susceptible to damage from storms or floods,’ says managing director