Personal Lines related articles – Page 71
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Features
Briefing: Brokers’ risk management role is key in preventing ‘contentious’ cyber ransom payments
The recent Colonial Pipeline cyber attack should act as a ‘wake-up call’ for businesses to better prepare for this emerging risk – and brokers are fundamental in laying risk mitigation groundwork
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News
By Miles and Covéa Insurance enter new UBI partnership
The insurtech’s chief executive and co-founder said the business has just seen its ’strongest sales months ever’
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News Analysis
Generational divide in understanding contents insurance poses underinsurance risk – Getsafe
Chief executive believes education should be ’a critical mission of the industry’ to ’make people enthusiastic about insurance again’
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News
Covéa and John Lewis enter five-year motor insurance partnership
This extends the pair’s existing partnership, the two also have plans to simplify the customer experience using technology
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News
AXA Partners and Insurance2go deal bolsters growth plans
The smartphone insurance market has a global market value of £23bn - it continues to grow 12% year-on-year
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Features
Briefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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News Analysis
Peers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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News
Markerstudy and Accredited reveal new insurance product
The launch aims to expand the group’s ‘predominantly wheels-based footprint’
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News
Aviva teams up with insurtech for specialist cycling proposition
The insurtech’s chief executive says that he hopes to offer more products to Aviva’s customers in sports, leisure and business
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IT Interview
Semi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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News
Motor insurance premiums record biggest quarterly fall in 2021’s Q1 - ABI
The average price paid for motor insurance is at its lowest in nearly five years
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News Analysis
Amazon’s latest partnership could mend insurance sector's broken trust
Industry experts debate Amazon Business’s latest partnership with Next Insurance and what it means for insurtechs
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News
Catch up on 2021’s Insurance2025 event
Read up on all the session content from 2021’s virtual Insurance2025 event, sponsored by Markel
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News
Trade association makes written intervention for Lloyd v Google
Law firm RPC, representing techUK, says its client is ’uniquely placed’ to make a written intervention and highlight the consequences for the wider technology community
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News
Government set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
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Features
What are the most profitable schemes and growth opportunities for brokers?
Although not tipped as the best performing scheme year-on-year, contractors all risks cover represents a ‘market opportunity for brokers’ as the UK exits lockdown
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IT Interview
David Williams: ALKS cannot be considered automated or ‘we’ll see deaths’
The insurer is ‘quite nervous’ about the government communications and customer perception surrounding automated lane keeping system technology
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News Analysis
D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel