All Household articles
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IT InterviewMark Wood: Breaking even a ‘priority’ for Ondo ahead of fulfilling market expansion ambitions
The insurtech has plans to expand into colder climates, using IoT-based detection device to tackle escape of water claims
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Latest News
ABI reveals record low for home buildings and contents insurance pricing
It is ‘too early’ to tell, however, how the FCA’s new pricing rules will have an impact, says general insurance manager
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People & Opinion
Pearson Ham: How have the general insurance pricing practice remedies impacted market rates?
Pearson Ham’s director of insurance pricing, Stephen Kennedy, discusses the impact of the FCA’s pricing reform in the home and motor markets
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Latest News
Direct Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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Latest News
Direct Line’s premiums slide by 2.4% during Q1 2022
The group put the hit to GWP down to the FCA’s pricing reform, but trading was ’broadly in line’ with its expectations
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IT Interview
Richard Coleman: Charitable ownership ensures ‘high standards’ at Ecclesiastical
UKGI managing director tells Insurance Times how having a charitable purpose ‘brings out the best in us’ as the insurer eyes growth in ‘areas where we have pretty low market penetration’
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Latest News
Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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Latest News
Climate change has ‘broken the world of risk management’
However, applying an ‘insurance mindset’ to climate-related issues can support the ‘race for resilience’, says government’s climate champion
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Insight
Briefing: Sector-wide cultural change and ‘radical collaboration’ will drive flood resilience work
Flood Re believes the role of insurance is changing as it urges insurers to offer property repair improvements to combat poor flood resilience
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Latest News
Previsico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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Latest News
UK set for record-breaking levels of rainfall – Swiss Re
Strengthening the UK’s resilience against flood risk will require attention from (re)insurers, says UK and Ireland chief executive
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Latest News
Startup Getsafe boosts business portfolio with new insurance offering
The firm is eyeing a UK customer base of 50,000 in 2022
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Latest News
Ondo becomes first insurtech to make IPO in UK following purchase
The escape of water insurtech formerly known as LeakBot aims to lead the revolution towards sustainable risk reduction by scaling up its product globally
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IT Interview
Ben Smyth: Insurance does not currently cater for young adults
Insurance Times speaks to startup insurtech Arma Karma on the importance of insurance not being viewed as a ‘grudge purchase’ by 18 to 35-year-olds
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Latest News
Ireland follows UK with home and motor price walking ban
The new law will come into effect from 1 July 2022 and exclude new customer discounts
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Latest News
Around 800 UK accidental damage claims per year are dog-related – Aviva
Home insurance policies usually have exclusions for pet-related damage, including chewing, scratching and fouling
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Latest News
Young renters struggle to afford cover amid financial pressures
UK general insurers therefore have a key role to play in preventing the decline of household penetration rates
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People & Opinion
Insurance prices remain uncertain following FCA rule change – Pearson Ham
Stephen Kennedy, director of insurance pricing at Pearson Ham, reviews how the FCA’s general insurance pricing reform is bedding in after coming into force from 1 January 2022
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Insight
Briefing: FCA shows its ineptitude with buildings insurance
The FCA has been warned on numerous occasions there was an issue, but it failed to act
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Insight
Brokers have a ‘key role’ following latest Scottish fire safety legislation
Five years on from the Grenfell Tower incident, and fire safety legislation is still being rolled out, the latest measure from the Scottish government, however, places brokers at the forefront of customer education
