Personall Lines – Page 43
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NewsLemonade expands pet insurance offering into new state
Policyholders will be able to create a package of personalised insurance and have access to a range of preventative add-ons
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NewsWhich three insurers have been awarded five stars by brokers in the 2022 Insurance Times Personal Lines Survey?
The Insurance Times Five Star ratings for personal lines have just been unveiled, with three insurers being awarded the full five stars by brokers
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NewsShed and outbuilding home office thefts up 43% as lockdown eases – LV=GI
November and December 2021 saw the highest numbers of burglary-related claims, reported the insurer
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NewsMotor insurance premiums hit six-year low in 2021 – ABI
The average premium paid for comprehensive motor insurance in 2021 was £434, yet trade association predicts premium uptick amid insurer cost pressures
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NewsBy Miles makes several senior hires to build c-suite
The insurtech has grown its headcount after benefiting from post-pandemic consumer demand for pay-per-mile motor cover
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NewsRevolut enters insurtech market with app-based pet insurance proposition
The in-app pet insurance policy aims to help cat and dog owners maintain their pets’ health while adding to the fintech’s insurance portfolio
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NewsUK General Insurance partners with insurtech on new product
The cover is designed for students, young professionals and renters as the partners eye creating a ‘fundamental’ change in contents insurance, says insurtech founder
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NewsSam White reveals corporate psychologist as new Freedom Services Group chief executive
Incoming boss seeks to provide ‘therapy for the whole business’ to eliminate organisational obstacles, says White
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NewsCo-op Insurance and Markerstudy launch pet cover with Towie’s Pete Wicks
The pair hope to help make pet adoption more affordable
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NewsManifesto 2022: Biba urges Road Traffic Act amendment post-Brexit
Changing the Road Traffic Act could save UK motor insurance policyholders £50 each
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NewsMotor injury claims reported to government body plummet in 2021 – ACSO
Despite the FCA introducing new pricing rules to protect consumers, the insurance industry reaping £3.3bn in profits is the ‘beneficiary’ from in the drop off in motor claims, says executive director
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NewsManifesto 2022: E-scooters need compulsory public liability insurance
The trade body has also called for e-scooter insurance policies to be exempt from insurance premium tax
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NewsFCA’s GI pricing reform wreaks havoc for consumers seeking cheaper premiums – GlobalData
The ‘largest threat to insurers’ following the pricing rule change ’is likely to be from pay-per-mile motor insurers’, says insurance analyst
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NewsCar insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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NewsNew Scottish fire safety legislation could invalidate home insurance policies
The new legislation is set to come into force on 1 February 2022 in Scotland requires interlinked smoke alarms to be fitted by this date
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NewsCPP Group UK buys Alpha Underwriting
The transaction marks the insurtech MGA’s second acquisition in three years
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NewsCustomer retention tops insurers’ concerns following FCA pricing changes – Trustly
Three-quarters of businesses have admitted to planning premium increases to balance policy figures following the last deadline of the FCA’s pricing reform
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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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NewsFCA pricing rules cause wind of change for car insurance premiums – Consumer Intelligence
Different pricing strategies at play will bode for an ‘interesting few months’ for the UK motor insurance market, says pricing expert
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NewsBlink Parametric partners with travel insurance MGA
The insurtech’s head of product believes the partnership provides reassurance to customers as ‘travel is still on a path to recovery’ following the Covid-19 pandemic
