Personal Lines
News
Car insurance premiums continue ‘retreat’ from all-time high in 2023
’The current trend of market consolidation and fear of losing scale to a handful of mega-insurers may be a contributor as insurers continue to drop rates to remain competitive,’ says head
News
Allianz UK set to cut 650 jobs by end of 2025
’We are investing in a multiyear transformation programme to become a simpler, digital-led, leaner business,’ says Allianz UK spokesperson
News
ERS announces new personal lines and agriculture head
‘Both [portfolios] are service led propositions, supported by expert broker facing teams [and] our latest, enriched, real-time pricing models,’ says new head
News
Law firm highlights narrowing insurer exposure after Covid BI win
The judgment reinforces closed-list wording and may narrow remaining routes for pandemic-related claims
News
Motor and home insurance premium falls accelerated in May
‘Insurers appear to be adjusting rapidly to shifting claims dynamics and competitive pressure, which is now manifesting as more pronounced reductions across a broader range of customer segments,’ says director
News
Alps inks new three-year capacity deal with AmTrust International
’We’re making it easier for brokers of all sizes to tap into a comprehensive range of add-on solutions written on A-rated paper,’ says managing director
News
Specialist personal lines provider rides e-bike surge with acquisition
‘Together we’ll be able to build upon our success to date and ensure we’re the go-to and best loved cycling insurance brand in the UK,’ says chief executive
News
Pet insurance payouts top £1bn for third consecutive year
‘It’s promising to see more people making sensible choices to protect themselves and their pets financially,’ says senior advisor
News
Motor and home insurance markets stabilising as premium drops slow
‘The sharp falls of recent months are slowing and this may be the early signal of a market beginning to stabilise,’ says director
News
Top 10 motor insurers see net loss of 20,000 existing customers to rest of market
‘While the big insurance providers appear to be more equipped to select and retain a more favourable profile of risk, the rest of the market appears to be catching up,’ says senior director
News Analysis
Latest GI complaints data shows improvements – but redress and resolution delays increase
Motor and transport insurance remains the most complained about business line in UKGI, according to the FCA, with complex claims and repair delays fuelling frustrations
News
Policy Expert partners with GoCardless to streamline pet insurance payments
‘As a forward-thinking insurer, we are always looking for ways to make our customers’ lives easier,’ says head of product
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