Personal Lines articles – Page 74
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NewsConsumer group questions extent of Covid cover in travel policies
Analysis of 263 travel insurance policies reveals that only 3% of policies protect against policyholders failing to travel due to a need to quarantine on their return
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IT InterviewJeffrey Skelton: Industry could be entering ‘renaissance period’ for new insurance products
Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD
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NewsMotorcyclist fails to ride off with £20,000 personal injury claim after fundamentally dishonest verdict
The claimant, who pursued the case for five years, has been found fundamentally dishonest by the County Court at Kingston upon Thames
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NewsCrash for cash scams still ‘a strategic priority’ as lockdown offers organised fraud opportunity
Crash for cash fraud is ‘still alive and well’ despite the Covid-19 pandemic meaning Brits are driving less, said expert industry panel
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FeaturesBriefing: Industry ‘nervous’ about potential ‘avalanche of claims’ missing from OIC portal
At long last, the Official Injury Claim portal is here. Insurance Times’s Fraud Charter attendees reveal current concerns with its functionality amid low claims notifications
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IT InterviewTara Parchment: HNW expertise and advice is ‘irreplaceable by technology’
Building relationships and client trust in products will enable the ‘very best of the high net worth insurers to shine’
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NewsUK motor insurers expected to make losses in 2021 and 2022
Premiums are set to drop by 6% this year due to changes in car usage and the whiplash reforms
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NewsRSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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NewsAA provides electric vehicle cover to address motorists' top concerns
By providing whole life assistance to drivers, AA aims to provide ‘power and confidence to electric motoring’
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News‘Futuristic’ CFC syndicate will have ‘key role’ in Lloyd’s market
Lloyd’s boss John Neal deems CFC a ’frontrunner in cyber products’
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NewsTaxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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NewsGuidewire launches new UBI solution to support insurers
The solution was informed by Guidewire’s experience with multiple usage-based insurance propositions
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IT InterviewGavin Sewell: Honcho keen to create ’plumbing’ for multi-car propositions
The reverse auction marketplace also has plans to focus on partnerships this year
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NewsClaims Excellence Awards finalist 2021 Q&A: Minster Law’s personal injury claims platform ‘de-mystifies’ legal process
The winners were revealed at a free virtual ceremony on 27 May 2021, to watch the ceremony, click here
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NewsLouise O’Shea: Open finance will empower insurers to innovate and meet customer demand
Mirroring the success of opening banking, open finance can help customers improve their financial health says price comparison website chief executive
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IT InterviewCar insurance needs to adapt for ‘changing marketplace for the future’ – LV=GI
Insurers will have to adapt to bring ‘value’ to the consumer beyond insurance, says insurer managing director
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FeaturesFraudsters unafraid to ‘exploit hard times’ for insurance scams
Insurance industry needs more time to understand the ‘ripple effects’ of recession-induced fraud
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NewsFormer AXA XL duo to launch speciality insurance cell
The new Guernsey-based business aims to ‘take advantage of current market conditions’
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NewsGuidewire backs draft Online Safety Bill extension to include financial scams
Guidewire’s chief innovation officer says that cumulatively, financial scams risk the reputation of the industry
