Personall Lines – Page 2
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News
Court orders fake car insurance fraudsters to repay £376,000
’Ifed will use its full suite of options to make sure that fraudsters don’t benefit from their dishonest actions,’ says detective sergeant
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News
Admiral celebrates ‘remarkable’ 2024 with 90% uptick in group profit before tax
The personal lines insurer generated £4.78bn in insurance revenue last year, alongside a 19% growth in UK insurance customers
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News
Home premiums drop for third consecutive month
’The continued decline in home insurance premiums is a welcome relief for policyholders after a period of sustained inflation,’ says product manager
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News
Flood Re appoints NED as new chief executive to succeed interim boss Logue
’Having been part of the organisation for the past few years, I have seen firsthand the positive impact that Flood Re can make,’ says new boss
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News
Axa reveals UK and Ireland personal lines growth slowed in 2024
The insurer says it saw the UK and Ireland personal lines market soften
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Home insurance premium uptick slows – but figures remain elevated
’The slowing rise of home insurance premiums should certainly be welcome news for UK households,’ says commercial director
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News
Motor claims hit record £11.7bn as repair costs rise
’Our latest data paints a difficult picture for drivers and the industry alike,’ says head of general insurance policy
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Allianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
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Holiday hustler caught after £61,000 Covid scam
’His sentencing and upcoming confiscation proceedings demonstrate our commitment to bringing insurance fraudsters to justice,’ says detective constable
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Insurance Times confirms five star insurers from 2025’s commercial and personal lines report
More than 850 UKGI brokers rated their commercial and personal lines insurer partners for 2025’s report
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News
Ecclesiastical detects more than £4m in false claims last year
’Our teams have been working hard to tackle this activity and help keep our premiums low,’ says claims director
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News
Biba urges insurers to address differential pricing in fair value warning
’It is vital that insurers ensure fair value and consistency in the provision and pricing of their products through each of their distribution channels,’ says manifesto
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News
New partnership fuels Bikmo’s mission to protect cyclists worldwide
’Together, we aim to inspire more people to embrace the joy and freedom of two wheels, backed by innovative insurance solutions tailored to their journeys,’ says partnerships manager
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News
Crash for cash gang caught after pocketing £320,000 in fake claims
’Crash for cash fraud doesn’t go unnoticed by the insurance industry or law enforcement and we will work collaboratively to root out organised crime,’ says detective sergeant
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News
Classic car broker renews partnership with the British Motor Museum
’We’re proud to continue our support of the British Motor Museum,’ says head of classic
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News
Top performing motor and home insurers revealed
’These brands excel at anticipating and addressing their customers’ needs, earning their place as standout leaders in the industry,’ says chief executive
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Insurtech and broker team up to launch travel product
’Just like our flagship home insurance products, our travel insurance is designed to be simple, clear and fair and customers can get insured in minutes,’ says chief executive
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News
LMA unveils framework for under-modelled cyber risks
’One of the standout features of our report is its focus on the aggregation potential of cyber risks,’ says chair
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News
Midlands flooding impacts over 7,000 buildings – ICEYE
’The ICEYE team is actively monitoring the Midlands and is focusing on the most affected areas,’ says statement
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News Analysis
James Kruger: Industry must develop a sense of adventure as client demands increase
Capgemini’s UK head of insurance divulges his firm’s top insurance trends for 2025