Household – Page 19
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NewsAdmiral 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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NewsEsure, 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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NewsWhenFresh 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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NewsLV=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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FeaturesBriefing: Will anyone admit to price walking?
Transparency around remedying price walking practices could provide a reputational boost, but will any businesses ‘fess up and make their strategy changes public?
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NewsHousehold 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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NewsDirect Line’s profits return following pandemic-stricken motor market hit
Its gross income from car insurance premiums fell by 6.2% in the first half of 2021 due to fewer cars on the road, yet chief exec says the firm is ’entering the second half of the year with ambition and confidence’
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News Analysis‘More to be done’ by insurance industry alongside government’s ‘ambitious’ flood investment plan
Following the publication of the government’s Flood and Coastal Erosion Investment Plan last month, industry commentators explain what the report might mean for the insurance sector
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NewsLoyal customers to benefit from FCA’s price walking ban
Uncertainty in the market around what will happen following the FCA’s price walking ban remains, but car insurance premiums are now the cheapest they have been since 2016
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NewsUK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
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NewsMotor insurance pricing drops 5% in three months – Pearson Ham
‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force
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NewsEcclesiastical Insurance and Shepherd launch new smart property proposition
The technology aims to help protect some of the UK’s most prestigious properties and sites
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NewsSubsidence claims increased by 49% in last year – LV=GI
The spike in claims was triggered by the increase in building surveys related to house sales, as well as significant heatwaves
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NewsAxa UK rolls out new tool to streamline complex property claims
The tools aims to enable the insurer to provide ‘quicker’ and ‘more advanced’ decisions for its customers
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NewsTrõv partners with private rental insurer
The insurtech’s founder and chief exec believes that its embedded insurance offering helps close the consumer protection gap
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IT InterviewLiz Latter: Innovation in complex household claims is often overlooked
Expanding into personal lines for the first time, Qlaims hopes its new claims assistance policy will benefit brokers by boosting brand reputation and customer service
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NewsInsurer caught up over delayed water damage claim
The insurer has apologised and offered the customer £600 for the inconvenience caused
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NewsFCA issues £90m fine to LBGI for misleading home insurance communications to customers
Home insurance customers were told they were receiving a ‘competitive price’ or ‘discount’ for loyalty at renewal, however this language was not substantiated
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NewsLV=’s Flow launches flexible contents insurance aimed at millennials
The product aims to provide ‘simple’ and ‘straightforward’ cover for an underserved market
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FeaturesBrokers set to be ‘squirming’ as FCA fixates on product value
Large insurers and price setting brokers ’have got a lot of work to do’ ahead of the GI pricing reform implementation deadlines, says compliance expert
