Personal Lines articles
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NewsPeriod homes cost over double modern counterparts to insure
‘People living in a period home, or those considering purchasing one, should be aware of the potentially higher insurance premiums that typically come with owning an older property,’ says expert
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NewsOne in six motorists admit lying to cut insurance bills
‘It’s clear from our research that some motorists are taking drastic actions in an effort to try and reduce their costs,’ says chief executive
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NewsThe off-pitch risk – Burglars, brokers and the beautiful game
’High profile people, be it footballers or others in the public eye, are becoming more of a target,’ says director of HNW private clients
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NewsUptick in vehicle and deer collisions could ramp up springtime motor claims costs – Zurich UK
Insurer records 45% increase in deer vehicle collision claims in April and May since 2019
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News AnalysisBriefing: Does Ageas’ purchase of Esure make up for it losing out on DLG?
Ageas UK made two bids for DLG in 2024 – both were rejected
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NewsCovéa Insurance plans to re-enter EV insurance market in 2025
The underwriter first pulled back from insuring fully electric vehicles as part of its relationship with retailer John Lewis in 2023 after getting cold feet about repair costs
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NewsUK insurtech raises $90m in latest funding round
‘Our ambition is to become a one-stop-financial-shop for newcomers, so they feel as though it’s easy to move to, and live in, a different country,’ says co-founder
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NewsCovéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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NewsPet insurance premiums continue to rise
‘This month’s figures highlight the nuanced nature of pet insurance pricing,’ says product manager
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NewsAgeas UK is ‘very interested’ in embedded insurance – Ant Middle
The personal lines insurer is exploring new embedded product propositions ‘right now’ as chief executive believes this model is ‘really important to the future development of our business’
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News AnalysisBriefing: Ifed showcases suite of enforcement tools and partnerships in fight against fraud
City of London Police’s Insurance Fraud Enforcement Department has appointed a new detective chief inspector – he explains the unit’s activities in Q1 and how collaboration is already working to stamp out insurance fraud
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News AnalysisNearly half of brokers consider the regulatory environment in the UK insurance market ‘too restrictive’
Smaller firms without dedicated compliance teams find current regulations the most burdensome, according to exclusive Insurance Times research
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NewsFraud on the rise as Aviva reports fake claims up 14% in 2024
‘Investment in advanced analytics, machine learning models and continuous training for our people has significantly improved our fraud detection rates,’ says counter fraud leader
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NewsCrash for cash scheme lands Bradford man in prison for two years
’Higgins thought he could take his insurer for a ride and defraud it out of a significant sum of money. Fraudulent claims like this push up the cost of insurance premiums for honest policyholders,’ says detective constable
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News AnalysisWill MBA be catalyst to UK Islamic insurance momentum?
The launch of a new executive MBA in Islamic Insurance and Risk Management has delivered a renewed focus on the UK’s efforts to create a sustainable sharia-compliant insurance sector
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NewsCar and home insurance customers save £100m as instalment costs fall
Consumer Intelligence suggest the fall was ’driven by increasing competition and regulatory pressure’
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IT InterviewAnt Middle: Organic growth focused plan seeks to put Ageas UK top of the personal lines pile
The insurer has ‘earned the right to think bigger as a business’ and topple the likes of Allianz, Axa and Hastings from the personal lines podium using product expansion, AI investment and a commitment to broker partners, says chief executive
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News AnalysisFive years of ombudsman data exposes insurance’s biggest complaints
A five-year review of ombudsman complaints data reveals motor insurance continues to dominate complaints volumes, while travel insurance has the highest upheld rate of the major UKGI business lines
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News AnalysisIn Focus: Was Gap insurance ‘unfairly targeted’ by the FCA?
’The way [the FCA has] gone about it, closing down an entire market, is unheard of,’ says managing director
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NewsArdonagh posts 24% increase in income for 2024
Last year ’was a coming of age for Ardonagh,’ says group chief executive
