Personal Lines articles – Page 19
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NewsInsurtechs becoming more attractive as acquisition targets for insurance groups
’[It] can take a long time to get that sort of innovation and generate capacity, so it is often easier for insurance firms to go and buy an insurtech,’ says chief underwriting officer
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NewsMajority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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NewsAgeas UK expands broking team with two senior hires
’Their extensive experience and proven track records in the personal lines’ insurance market will be invaluable,’ says chief distribution officer
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NewsPIB Group announces acquisition of family-owned broker
’We are committed to empowering entrepreneurs to pursue what’s best for their business,’ says regional managing director
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NewsEarnix upgrades London office as it looks to continue ‘good progress’
Chief executive says the move marks a ‘significant investment’
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NewsEcclesiastical posts underwriting profit of £20.4m for H1 2024
Ecclesiastical put the improved profitability of its underwriting partially down to a ’more stable claims environment’
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News AnalysisLatest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
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NewsFootball club partner launches insurance broker
’The launch has enabled us to bring more services to our customers,’ says managing director
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NewsInsurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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NewsUinsure goes on hiring spree after RSA exit results in big deals
’An expanded scale will only help in securing more competitive premiums for all our partners’ customers,’ says chief distribution officer
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NewsPE firm set to sell Open GI as ‘definitive agreement’ confirmed
’The transfer of ownership is expected to be completed in the fourth quarter,’ a spokesperson said
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NewsWhat will the Autumn Budget hold for the insurance industry?
Measures announced by Chancellor Rachel Reeves at the end of October will undoubtedly impact on the insurance sector in a number of ways – but what are the biggest things to watch out for?
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IT InterviewMartin Schultheiss: Uinsure actions ‘really high growth strategy’ following PE investment
A ‘suits and trainers’ organisational culture that embraces the ‘right talent’ is the ‘magic sauce’ underpinning insurtech’s comprehensive growth strategy, says group managing director
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NewsRevealed: Which firms won at the Tech and Innovation Awards 2024?
Double wins and debut successes at the 2024 Tech and Innovation Awards – was your firm among the winners?
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News AnalysisRichard Morley: The secret behind cost pressure-busting lower classic car premiums
’We still see a large percentage of our customers paying less than £100 – pretty cheap,’ says broking director
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NewsReducing exclusions can boost customer trust and profitability – Holmes
’Reducing or eliminating certain exclusions could enhance customer experiences and underwriting profitability,’ says chief executive
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NewsGo Compare strikes deal with insurtech to boost pricing
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
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NewsLaka acquires renewal rights to insurance provider’s bike portfolio
’This renewal rights acquisition forms part of Laka’s mergers and acquisition strategy,’ says chief executive
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IT InterviewBen Legg: Open GI homing in on ‘North Star’ of empowering brokers to write better business
’We see our role in the market to empower our brokers to write more and better quality business, as well as improving the lives of anyone using insurance products,’ says chief product officer
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NewsMany claims experiences ‘breaching’ consumers’ trust in industry – Holmes
’This substandard customer experience often gives our industry a reputation of being scammers who are happy to take the customer’s premium,’ says chief executive
