Personall Lines – Page 10
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Recent surge in motor premiums making cover unaffordable for UK drivers
’It is concerning that one in four drivers are struggling to afford cover,’ says managing director
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Out now: Top 50 Brokers 2023 digital edition
Which firm has claimed the top spot as the number one broker in the UK general insurance market? Insurance Times and MarshBerry reveal this year’s broker ranking
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Aviva warns insurers of telematics challenge that connected cars could present
’This connectivity is not just a technological advancement – it represents the future of motor insurance as well,’ says head of retail specialty trading
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Property insures facing ‘mixed bag’ of news over claims costs
’Insurers need to consider fluctuations in the cost of materials, running plant equipment and labour,’ says head of property
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Motor insurance prices rise at record pace – but is ‘stabilisation’ in sight?
’The upcoming months will reveal whether this trend materialises,’ says director of insurance pricing
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More motor and home insurance customers relying on credit to pay for cover
’There has been a sharp rise in the number of people turning to credit,’ says marketing and communications director
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Acturis inks partnership with DLG on Motability Scheme
’This is one of the biggest single projects undertaken by Acturis,’ says boss
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New accident, absence, health and travel insurance MGA launches
’OneBefore is poised to usher in a new era of insurance excellence and sustainable value,’ says chief executive
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Heightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
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New GTA independent chair appointed
’I look forward to playing my part in effecting the compromises that will be required to get a successful result,’ says new appointee
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Storm Babet a warning for UK insurers to focus on building resilience
’Insurance can be a very important part of building resilience to the increase in weather-related disasters,’ says senior lecturer and coauthor
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Tesco Bank appoints new chief underwriting officer
’He brings a breadth of experience and technical expertise,’ says chief insurance officer and underwriting chief executive
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HNW collectors want more risk guidance to protect possessions
’We understand the importance of protecting art, collections and valuable possessions,’ says underwriting director for art and private clients
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Pricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
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Darker nights predicted to trigger rise in home and motor theft claims
Less light in the evenings ‘provides greater opportunities for thieves’, says head of motor claims
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Warning as motor claims plummet in Q3 2023
’Those claiming for injuries sustained continues to fall,’ says executive director
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Halkett to leave ManyPets after more than four years
’My insurtech journey is not ending here,’ says outgoing chief underwriting officer
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Ransomware attacks changing ‘quite dramatically’ amid ‘massive uptick’ of cases
’The malware started to drop away, so it’s just cyber extortion,’ says chief executive
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PeppercornAI addresses rising costs in motor industry with SaaS offering
’We’re on a mission to help the entire industry accelerate its digital transformation’ says chief executive
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Consumers not engaging with insurers before cutting back on cover
“It is troubling that, instead of reaching out to trusted providers, many people are turning instead to what is often unregulated financial and investment advice,’ says chief insights officer