Personal Lines related articles – Page 23
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IT InterviewNick Turner: Circular economy approach could reduce cost and carbon footprint of claims
Nick Turner, head of surveying at loss adjusting firm Woodgate and Clark, explores how the insurance market can better manage claims costs while also supporting greater sustainability by embracing the concept of the circular economy
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NewsRecord £1.4bn in property claims paid out in Q2 2024
’Our latest figures demonstrate the devastating impact that adverse weather can have,’ says policy adviser
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NewsSandwich shop offering ‘seagull insurance’ due to thieving birds
Co-owner says that seagulls can take food from up to 30 people a day
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News AnalysisUptick in fraudulent tinnitus claims is ‘an inherent, major issue’ for motor insurers
With tinnitus injuries attracting anything up to £90,000 in claim payouts, squashing fraud in this area is vitally important in protecting both policyholder and insurer purse strings
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NewsMotor broker now available on price comparison websites
’In order to give drivers the opportunity to insure in a green way, we need to be in places where people shop around for their insurance,’ says chief executive
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IT InterviewJo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
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News AnalysisBriefing: A taxing time for the industry as the government looks to funding conundrum
As the new government looks to raise money, could IPT be a target for increased rates?
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NewsAA Underwriting extends vehicle data partnership with Percayso
The motor insurer made the move after being impressed with the initial deal
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News AnalysisBriefing: Discount rate may be first true indicator of insurers’ relationship with new government
Personal injury discount rate review could be telling for market participants amid Labour’s ambitions to reduce premium costs
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NewsAlps moves motor book to AmTrust
’This is a great decision for us and our customers,’ says managing director
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NewsIndependent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
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NewsNew travel-focused MGA launches
’We will be focusing on more innovation to improve our customers’ experience of insurance,’ says chief executive
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NewsMotor premiums fall in Q2 2024 after two years of increases – ABI
’After a very challenging period for insurers and customers alike, we’re encouraged to see an easing of increases,’ says director of general insurance policy
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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NewsJaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
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NewsNews High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (29 July to 2 August 2024)
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NewsWrisk reports 219% year-on-year growth in H1 2024
’Our figures for 2024 are testament to our ethos of continuous improvement,’ says chief executive
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NewsFirms ‘still have work to do’ to improve service a year on from Consumer Duty
’Consumer Duty really should be a win for both businesses who want to work more efficiently and effectively,’ says chief operating officer
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NewsJensten hits 1,000 employees as it completes three acquisitions
’Our growth is a testament to the hard work and dedication of our team,’ says chief executive
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IT InterviewGeoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
