Latest News – Page 440
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NewsSpecialist broker Flock selected as Biba drone scheme provider
Brokers can benefit from the scheme as Flock can provide insights on client requirements, the insurtech says
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FeaturesCovid lockdown boosts industry’s prospective talent pool thanks to home working
Boris Johnson’s working from home initiative to mitigate the spread of coronavirus may have given the insurance industry’s recruitment drive a much-needed injection, as the siren call of home and flexible working has the potential to attract new, diverse talent
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IT InterviewConsumer Intelligence warns premium hikes could follow FCA pricing report
Consumer Intelligence has warned that premium hikes could follow the proposals that were laid out in the FCA’s pricing practices report which was published yesterday
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NewsInsurtech sector backs FCA’s ‘price walking’ ban as move towards restoring trust
The insurtech sector has welcomed the FCA’s proposals on banning ’price walking’ and sees it as a move towards restoring trust in the insurance industry
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NewsHowden to buy A-Plan Group as it aims to expand its retail broking reach
The combined group will have a GWP of £4bn
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NewsFSCS urges customers to ask key questions before switching insurers
With the ongoing pandemic and the FCA’s pricing practices report in mind, FSCS wants customers to be ‘confident and in control’
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NewsFCA lays more options for exiting auto-renewals on the table
The FCA’s proposals around auto-renewal will apply for all forms of retail general insurance
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NewsBrokers ’very much part of the solution’ following FCA pricing report says Biba
Following the FCA publishing its pricing practices report this morning, Biba has explained why brokers could be part of the solution for customers
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News AnalysisFCA pricing report benefits customers – but is there more to it?
At face value the FCA pricing practices report benefits the customer, and while the insurance industry largely backs the proposals, there have been a number of concerns raised over its implementation
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NewsFCA taking 'the nuclear option' in pricing remedies
The regulator has gone further than it has in previous interventions, argues former FCA figure
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Online onlyDirect line shares take sharp fall amid FCA pricing ban
One of UK’s largest personal lines players feeling the pinch from FCA pricing ban
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Online onlyFCA warns on premium financing in pricing crackdown proposals
Regulator is concerned that customers may not be treated fairly on premium financing and warns providers could be in breach of law
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NewsInsurance firms will be forced to end price walking as FCA reveals rip-off remedies
Firms have until January to feedback on the FCA’s final proposals for ending ‘opaque’ pricing practices
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NewsCovid-19 lockdown accelerates van insurance demand
Vans have become critical during the UK’s lockdown and this has led to an uptick in van insurance requests
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NewsData subject insurance claims are ‘sting in the tail’ for corporate cyber breach victims
Law firm partner describes data subject claims as ‘effectively becoming the new PPI’ as practice reports activity uptick
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NewsDirect Line Group rolls out LeakBot devices to its UK HNW home insurance customers
LeakBot progresses partnership agenda as DLG joins Hiscox among the technology company’s insurer partners
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NewsDiversity & inclusion plays ‘crucial role’ in insurance sector’s business resilience
Mental health, gender equality, flexible working patterns, and culture & ethnicity were ranked as top issues to address within and insurance at Dive In
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People & OpinionBlog: Insurance innovation race raises speed versus sustainability questions
André Symes, managing director of international and chief growth officer at Genasys, explores whether insurance product quality and long-term sustainability is being sacrificed for faster turnaround speeds on sector innovations
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NewsMore than a third of SMEs are interested in pandemic-related insurance
However, a pandemic insurance product targeted at micro or sole trader sized businesses could be ‘unsustainable’ for insurers says analytics firm
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NewsLaw firm considers legal action against 12 insurers following BI test case result
Mishcon de Reya believes insurers such as Aviva and Chubb should be paying out for Covid-related business interruption claims that fall under ‘resilience’ policy wordings
