Personall Lines – Page 53
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NewsTrade association makes written intervention for Lloyd v Google
Law firm RPC, representing techUK, says its client is ’uniquely placed’ to make a written intervention and highlight the consequences for the wider technology community
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NewsGovernment set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
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IT InterviewDavid Williams: ALKS cannot be considered automated or ‘we’ll see deaths’
The insurer is ‘quite nervous’ about the government communications and customer perception surrounding automated lane keeping system technology
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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NewsProposed tariffs for whiplash injuries post-reform is ‘offensive’
Whiplash injury compensation under the Civil Liability Act 2018 has been described as ‘an insult to the injured and vulnerable’ by industry commentators
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NewsDigital demand could displace £8.3bn of UK premiums by 2025
Despite the global recession, the UK insurance industry could grow from £274bn in early 2020 to approximately £298bn by the end of 2025
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NewsMotor accident claims fall by 31% year-on-year
Plus, motor insurance premiums recorded their biggest annual fall since 2014 in 2021’s Q1
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NewsKatie Price’s ex-husband jailed over bogus car insurance claim
The insurer argued that he should be jailed for ’knowingly giving a false statement’
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NewsABI relays guidance replacing insurers’ lockdown support pledges
The pledges will be replaced with guidance across home, motor and pet insurance policies
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NewsFCA pricing reform timetable is still ‘too short to be achievable’
Under two-thirds of insurers believe more time is needed to implement pricing changes
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NewsFCA’s pricing reforms are ‘right step’ – Covéa’s James Reader
The chief executive believes that pricing changes are not something that could be achieved with ‘small tweaks’
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NewsLemonade gears up to enter car insurance market
It marks the insurtech’s third expansion into a major new insurance category in less than a year
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NewsRight Choice Insurance Brokers buys Kingfisher-owned Fresh motor brands
Broker chief executive hopes the deal marks the ‘first of many acquisitions’
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NewsShed and garage offices cause divide between insurers
Insurers are held back by legacy systems that are siloed with a single line of business
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NewsUK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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NewsArdonagh Group’s retail platform purchases Be Wiser assets
The move follows job losses at Be Wiser earlier this year
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NewsDog thefts pushing up pet insurance prices – Comparethemarket
The PCW found that policyholders living within the same part of the UK could be paying vastly different pet premiums
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NewsTicker appoints former Munich Re staffer as non-exec director
Chief exec confirms appointment at ‘exciting time’ for the insurtech
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NewsArma Karma launches subscription-based policy for renters
The insurtech will also donate 25% of its policy revenue to charity each month
