‘The key question now is how much further prices can realistically fall before we see renewed upward pressure,’ says product manager
Although GWP has been rising, the UK home insurance market is showing signs of fragile foundations, with falling policy numbers, rising claims costs and low consumer confidence putting sustained pressure on profitability
‘While underinsurance remains a huge concern, we cannot overlook the growing issue of overinsurance,’ says head
Sponsored content: Paul Sowden, strategic account manager at Iceye, discusses the increasing need for flood response information and technology
’This renewal marks an important milestone for us following last year’s management buyout,’ says chief executive
The latest General Insurance Price Index from Pearson Ham Group has been released
’We remain solidly committed to insurance brokers trading in personal lines,’ says head
‘Two years on from the introduction of Consumer Duty and many policy documents and T&Cs from across financial services are still far too complex and lengthy,’ says managing director
Hotter, drier weather is known to put homes at greater risk of subsidence damage
Insurance Times analyses eight major personal lines products to predict where the industry will see profitable growth in 2026 amid cyclical market conditions and macroeconomic headwinds
‘These findings underscore the urgent need for greater innovation and flexibility in non-standard insurance offerings,’ says leader
‘It’s clear that reinstatement costs remain on an upward trajectory,’ says industry expert
Although insurers remain wary of subsidence claim surges over the British summertime, certain types of subsidence claims could pose a reputational risk depending on their cause
Average quoted home insurance prices fell 3.9% over the past three months, continuing a year-long trend of countrywide falls
Improved data models could prove vital in dismissing postcode generalisations and providing a more granular basis for underwriting
Price comparison site estimates that policyholders may have missed out on £16.7m of claims payouts due to smoke alarm negligence
‘Our latest figures emphasise the vital protection insurance continues to offer people and businesses,’ says head of general insurance policy
’Transparency in claims handling is paramount, fostering trust and demonstrating a genuine commitment to customer well-being,’ says head
Insurance Times rounds up the biggest exclusive stories from 14 to 18 July 2025
’Baselines are shifting, records are becoming more frequent, and temperature and rainfall extremes are becoming the norm,’ says Met Office
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Personal Lines Report