Insurance Times rounds up the biggest exclusive stories from 28 July to 1 August 2025
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
’I’m excited to bring our insurance expertise to support Sainsbury’s Bank customers with their future insurance needs,’ says managing director
’JLR deserve huge credit for security upgrades which are apparently highly effective in deterring the professional criminals who target new cars,’ says technical director of motor
‘Our latest figures emphasise the vital protection insurance continues to offer people and businesses,’ says head of general insurance policy
‘London is especially vulnerable and the UK now leads Europe in phone theft claims,’ says managing director
In particular, claims journeys appear to be causing customer dissatisfaction, says market intelligence firm
‘Crash-for-cash scams remain a serious threat to drivers across the UK, especially in cities like London,’ says head of customer care
’Transparency in claims handling is paramount, fostering trust and demonstrating a genuine commitment to customer well-being,’ says head
Motor insurance – the second most complained about product covered by the FCA – saw a drop of 22,000 complaints lodged in the second half of 2024, reversing a trend of increasing complaints
’Typically, when firms charge extra for premium finance, the annual percentage rates are in the range 20-30% but almost 20% of consumers pay over 30%,’ says regulator