Personall Lines – Page 37
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NewsOptimisation is ‘the game in town’ rather than simple pricing – RSA
At Earnix’s mid-September conference in London, RSA’s chief underwriting officer discussed how fair value might be applied to the increased quantity of products in the market
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NewsStaysure Group buys remaining shares of price comparison website
The price comparison website’s founder and managing director will be stepping down as a result
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NewsDuck Creek Technologies launches new business accelerator suite for UK pet insurers
The UK pet insurance market is ’ripe for disruption’ with an estimated £1.5bn GWP generated per year by 2025
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NewsCost of living crunch sees over-55s seek pay-as-you-drive car cover – Trakm8
Driver apps across the board are also proving to be popular
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NewsRussia’s sovereign internet could see cyber insurance implications – CyberCube
A sovereign Russian internet could lead to cybercriminal safe havens which could see implications for cyber insurance according to the latest report from CyberCube published today (12 September 2022).
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NewsABI responds to Merton Council leader comments in wake of Thornton Heath gas explosion
The trade association said it would continue to monitor any developments and reiterated that insurers would continue to do everything they can to assist impacted residents
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NewsAnimal Friends chooses new chief financial officer
The appointee’s experience in finance will help ‘elevate and strengthen’ the firm’s strategic plans, says managing director
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NewsMotor manufacturer data could be the ‘Holy Grail’ for improving telematics insurance
Partnering with motor manufacturers to leverage this data could also create new partnerships for the insurance sector, says chief executive
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NewsInsurers must fulfil ‘moral obligation’ to Thornton Heath residents following major gas explosion
The leader of Merton Council says he will be writing to the government in response to home insurers refusing to pay out claims to impacted residents
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NewsEcclesiastical plans to double size of art and private client book within five years
One way the insurer intends to fulfil its ambition is to ‘be helpful’ to brokers
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NewsEsure’s in-force policies dropped by 3.2% in H1 2022
Chief executive explains that 2021’s £21.3m profit dip has been funnelled into digital transformation work
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NewsSompo International agrees sale of EAL to ‘withdraw’ from Lloyd’s
The move marks the culmination of the firm’s strategy to divest itself from Lloyd’s and focus on the London market
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NewsInflation-driven ‘dip’ in renovation market could hit HNW sector
However, ultra high net worth clients may be more resilient to underinsurance caused by inflation
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NewsBroadway Insurance Brokers triples GWP to £4.5m in 12 months
Chief executive says the broker is hoping to make several new senior appointments soon
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NewsEcclesiastical enhances art and private client policy to cover cyber risks as standard
Art and private client business director reveals that policy changes are the result of broker feedback
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NewsTaxi driver pays £12,500 in damages after staged three vehicle crash
The savings associated with preventing the fraudulent claim, including legal costs, amount to £175,000, according to law firm
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NewsMan jailed after using different identities to submit fake travel insurance claims
Aviva was one of six insurance companies impacted by the 27-year-old’s fraudulent activity
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NewsCyclists could be required to purchase mandatory insurance following Transport Bill review
UK’s transport secretary implied that he is not a fan of unnecessary ‘bureaucracy’, however
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NewsAdmiral enters pet insurance market
The launch forms a key part of the insurer’s ongoing strategy to diversify its business and respond to consumers’ needs
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NewsFire claims soar to £1.2m due to UK heatwave – LV=GI
One specific case was caused by a mirror in a garden reflecting off the sun and subsequently setting a wheelie bin alight
