Personal Lines articles – Page 32
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NewsRemaining Gap providers told to pause sales of product by FCA
’We are working closely with Gap insurers to resolve issues as quickly as possible,’ says spokesperson
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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NewsBspoke Group completes personal lines acquisitions
’Our portfolio of niche businesses is well-placed to build their market presence,’ says chief executive
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NewsMiller expands into parametric insurance market
’The formation of this specialised team underscores Miller’s ongoing commitment to innovation and client-centricity,’ says head of energy and construction
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NewsCollaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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NewsAuxillis appoints new managing director
’I’m very excited to be taking up the reins of such a successful operation,’ says new appointee
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NewsStorms and inflation drive rise in average cost of building insurance claims
’It comes as no surprise that the widespread property damage during the quarter cost the industry,’ says head of property
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NewsLemonade’s UK arm drives European growth
’Our European business made solid strides in 2023,’ says letter
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News AnalysisWill insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
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NewsMotor insurance ‘a door shutting in peoples’ faces’
’Looking at insurance in the [context] of what products serve consumers as a stepping stone is important,’ says chief executive
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NewsPricing of motor premiums ’fundamentally discriminatory’
’If we use occupation, postcode, all those [types of] things, then we are going to discriminate against vulnerable consumers,’ says chief executive
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NewsFraudulent activity surrounding luxury watch claims ‘as high as 50%’
’Common scenarios include fictitious losses or a watch being used to make multiple claims with different insurers,’ says managing director
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NewsManyPets’ group chief executive Mendel to depart for ‘change’
The business has also announced a successor
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NewsAllianz’s Holmes responds to FCA’s Gap insurance announcement
’All products should provide value for customers,’ says chief executive
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NewsMillions of UK homes at risk of underinsurance
’It’s shocking to see that so many might not have the coverage they need to keep their possessions safe, says expert
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NewsFlood damage reported to insurer after storm nears £10m
’As a nation, we need to become more resilient to extreme weather events,’ says head
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NewsAllianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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News AnalysisWhat’s going on with Gap insurance after FCA’s bombshell announcement?
’Gap was probably at the highest of everybody’s list in terms of a product that was ripe for being targeted and corrected,’ says chairman
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NewsAdmiral and law firm catch fraudster who exaggerated tinnitus claim
’We hope this serves as a good example of why dishonesty simply does not pay,’ says head of motor claims fraud
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NewsRansomware top cyber threat for insurance sector in 2024
’Mid-market organisations are working hard to implement more mature and effective cyber security measures,’ says managing director




























