Personal Lines articles – Page 70
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IT InterviewIan Hughes: ‘Brutal’ changes set to hit insurance sector as FCA uses its teeth
The FCA’s pricing reform will initiate ‘a fundamental shift of culture’ – it’s imperative that brokers and insurers ‘lean in’, says chief executive
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NewsFCA’s pricing reforms are ‘right step’ – Covéa’s James Reader
The chief executive believes that pricing changes are not something that could be achieved with ‘small tweaks’
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NewsLemonade gears up to enter car insurance market
It marks the insurtech’s third expansion into a major new insurance category in less than a year
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IT InterviewJames Reader: Covid-19 pandemic is ‘turning point’ for accelerating consumer trends
EOW (escape of water) risk management will provide ’opportunity to change the relationship’ between insurers and customers, from ’a grudge purchase to one where there is an ongoing dialogue’, says chief executive
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NewsRight Choice Insurance Brokers buys Kingfisher-owned Fresh motor brands
Broker chief executive hopes the deal marks the ‘first of many acquisitions’
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NewsShed and garage offices cause divide between insurers
Insurers are held back by legacy systems that are siloed with a single line of business
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NewsUK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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NewsArdonagh Group’s retail platform purchases Be Wiser assets
The move follows job losses at Be Wiser earlier this year
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NewsDog thefts pushing up pet insurance prices – Comparethemarket
The PCW found that policyholders living within the same part of the UK could be paying vastly different pet premiums
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News AnalysisTravel insurance sector faces capacity concerns post-pandemic
As the travel industry gears up to reopen post-lockdown, a spike in claims could impact insurance capacity
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NewsTicker appoints former Munich Re staffer as non-exec director
Chief exec confirms appointment at ‘exciting time’ for the insurtech
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NewsArma Karma launches subscription-based policy for renters
The insurtech will also donate 25% of its policy revenue to charity each month
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IT InterviewAgeas to ‘double down’ on broker-led personal lines in new strategy
Chief executive explains how ‘there’s real opportunity’ for Ageas as it homes in on its ‘heartland business’ with brokers
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NewsMarshmallow Financial Services accused of stealing ‘trade secrets’
In an ongoing court case, the insurtech has been accused of profiting from a joint business agreement by tapping into ‘trade secrets’
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NewsInsurers refuse four-by-four car cover as thefts double over decade – Broadway Insurance Brokers
Misunderstanding policy wordings can also create extra expense for policyholders if their claims are refused
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NewsSaga seeks transformation with strategic turnaround plan
Group chief executive believes the plan will boost growth for the business, while driving sustainable returns for its investors
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NewsRAC Insurance establishes in-house insurance intermediary
The move ‘represents a material shift in our insurance strategy’ says RAC Insurance boss
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NewsNFU Mutual predicts motor claims surge as lockdown eases
The insurer’s prediction follows last year’s claims trends, where drivers flooded back to the roads after lockdown restrictions eased
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NewsTaurus Insurance extends underwriting agreement with ERGO
ERGO’s head of commercial says the partnership has ‘great potential’
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NewsPIB Group buys family-run Irish retail broker to continue European expansion
The new acquisition is ’an obvious starting point to help us make a mark on the Irish retail market’, says chief executive
