Insurer News – Page 74
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How is connected car technology reshaping premiums based on individual driver behaviour?
’As technology advances with connected cars, the accuracy of the personalisation for car insurance premiums will only improve,’ says head of retail specialty trading
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Gove brings new bill to Parliament to ban ’exorbitant' commissions
’For far too long too many have been denied the full benefits of ownership through the unfair and outdated leasehold system,’ says housing secretary
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Lloyds of London’s climate roadmap consultation faces backlash
’Our society and our planet does not need another consultation but real action,’ says insurance campaigner
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Ex-Liverpool defender Carragher praises Ardonagh Retail boss
’He is passionate about helping young people get on in life,’ says former player
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Allianz Partners issues statement about contract dispute with Revolut
’Since 15 June, we no longer provide travel insurance to Revolut customers,’ says spokesperson
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Axa UK strengthens fraud prevention measures as scammers turn to AI
Insurer says there is a ’growing need for advanced technology to counter evolving fraud’
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New MGA goes live to brokers
’The goal is to provide independent brokers with specialist products built on market-leading expertise and service,’ says managing director
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Aviva reveals child ‘driving a car’ among most unusual fraud cases
’While some of the fraudulent claims we detected may seem laughable, insurance fraud is no laughing matter,’ says head
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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CII to develop guidance to help industry tackle economic abuse
’The report raises significant issues for insurers and advisers and we will work with members to update our materials,’ says director
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Axa using body cameras to help underwriters better assess buildings with dangerous cladding
’Underwriters can clearly see what’s been done when they assess risk,’ says director
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Atec boosts turnover as policy numbers top 300,000
’The outlook for the business continues to be extremely positive,’ says chief executive
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Government consultation on new captive insurance regulations welcomed
’We look forward to working closely with the government and regulators,’ says chief executive
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John Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
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Redline partners with Moody’s RMS to streamline underwriting processes
’This application will further enhance Redline’s market knowledge,’ says global head of sales
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FCA warns of clone pretending to be Axa
’This firm is not authorised by us, but has been contacting people pretending to be an authorised firm,’ says regulator
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Sabre Insurance hit by cyber attack
’Our retained IT security partner assisted with the management,’ says statement
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Sabre chairman passes away following illness
’Everyone associated with Sabre would like to express their deepest sympathy to his family,’ says insurer
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Dickson and Co snaps up broker as part of expansion plans
The firm says it will become a ’significant personal and commercial lines player in the UK and Ireland marketplaces’
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Claimant who forged daughter’s birth certificate and sought £600k of fake damages jailed
’The level of deception was exceptional,’ says claims manager