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LATEST PRODUCT NEWS
Five years of ombudsman data exposes insurance’s biggest complaints
A five-year review of ombudsman complaints data reveals motor insurance continues to dominate complaints volumes, while travel insurance has the highest upheld rate of the major UKGI business lines
Sector must ‘start again’ to tackle ‘different beast’ of commercial fraud
’It wasn’t that long ago that the insurance industry came together to tackle major personal lines fraud, so it should be easy to do it again,’ says executive director
Strengthening resilience first step to closing the cyber risk protection gap
Cyber resilience is ’one of the most systemically important issues of our time,’ says chief executive
In Focus: Was Gap insurance ‘unfairly targeted’ by the FCA?
’The way [the FCA has] gone about it, closing down an entire market, is unheard of,’ says managing director
Arch Insurance promotes for new head of cyber and healthcare
’He is a highly experienced underwriter with proven leadership credentials,’ says chief underwriting officer
Motor market currently ‘at about the softest point in the cycle’ – Geoff Carter
‘Our view is that the market is substantially underpriced on new business at the moment – the pendulum has swung too far,’ says chief executive
MORE PERSONAL
Five years of ombudsman data exposes insurance’s biggest complaints
A five-year review of ombudsman complaints data reveals motor insurance continues to dominate complaints volumes, while travel insurance has the highest upheld rate of the major UKGI business lines
In Focus: Was Gap insurance ‘unfairly targeted’ by the FCA?
’The way [the FCA has] gone about it, closing down an entire market, is unheard of,’ says managing director
Motor market currently ‘at about the softest point in the cycle’ – Geoff Carter
‘Our view is that the market is substantially underpriced on new business at the moment – the pendulum has swung too far,’ says chief executive
Insurers ‘aren’t promoting’ telematics enough to consumers
’The richness and relevance of telematics data remain invaluable to insurers committed to fair pricing and improved road safety,’ says head
MORE COMMERCIAL
Sector must ‘start again’ to tackle ‘different beast’ of commercial fraud
’It wasn’t that long ago that the insurance industry came together to tackle major personal lines fraud, so it should be easy to do it again,’ says executive director
Strengthening resilience first step to closing the cyber risk protection gap
Cyber resilience is ’one of the most systemically important issues of our time,’ says chief executive
Allianz UK appoints commercial CUO and CTO
’With both having experience of Allianz and, more importantly, extensive expertise in their areas, I am convinced that they will contribute to the company’s continued success and innovation in the insurance sector,’ says interim managing director
Leeds-based duo launch new broker
’I now have the opportunity to work closely with my childhood friend and it’s a dream come true,’ says co-founder
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