Personall Lines – Page 49
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FCA pricing reform will encourage ‘evolution rather than a revolution’ – Admiral Group
The group will be investing in ‘planting new seeds for product diversification’ to improve customers’ claims journeys, adds chief exec
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Neos’ UK consumer awareness could prove ‘challenging’ for Sky – GlobalData
A quarter (25%) of respondents in GlobalData’s survey who have household insurance also own a smart thermometer
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Allianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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Fewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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Admiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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MCE Insurance enhances board with new finance director
The appointment is a strategic move to help modernise the business as an insurtech
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New broker-centric MGA Hoxton Insurance Services hits high net worth sector
The first MGA launched under the NuVenture banner aims ’to reinvent the broker and client experience for mid and HNW personal lines business’
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Zego advances data and technology stance by boosting engineering staff
More than one in three engineering leadership positions are occupied by women, including Zego’s chief technology officer
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Esure, Pikl and Sheilas’ Wheels sign distribution deal
The insurtech describes the deal as a ‘prestigious partnership’, while esure believes the move is a ‘game-changer’ for the industry
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WhenFresh teams up with Bluesky to combat subsidence risk
WhenFresh chief exec says the firm continues to bring together best in class property data assets to empower insurers
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AIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022
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LV=GI boss has ‘never seen anything' as 'substantial' as FCA pricing reform
Preparing for the incoming regulation changes comes alongside “teething problems” with the Official Injury Claim portal, chief exec adds
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AA shuts down concerns over lack of insurance for new E10 petrol
The move to E10 petrol is part of the government’s efforts to reduce CO2 emissions
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MCE brings in QBE’s global head of claims performance as new claims director
Chief executive is ‘excited by the impact’ the new hire will have on the business as it seeks to transform into an insurtech
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Direct Line launches standalone cycling insurance product
It provides public liability and personal injury cover to riders
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Motor insurance premiums fall by £38 in 2021’s H1 to reach a new five year low - ABI
Consumers paid £430 for a comprehensive motor insurance policy in quarter two of 2021
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Household water leak claims up by more than 30% for Q1 2021
Insurers are calling for clear standards for the plumbing industry to make sure contractors that fix water leaks are properly qualified
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Hiscox continues to take action on cyber products following ransomware surge
Human error is the ’biggest vulnerability’ when it comes to cyber attacks, says the insurer
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Hastings Group records profit before tax of £76m for 2021’s H1
Live customer policies have improved 4% year-on-year to reach 3.1 million by the end of June
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Direct Line completes ‘heavy lifting’ of technology transformation
The insurer’s chief exec says transformation is ‘not just about tech’, but pairing it with the right cultural mindset