Personall Lines – Page 5
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Motor insurance ‘a door shutting in peoples’ faces’
’Looking at insurance in the [context] of what products serve consumers as a stepping stone is important,’ says chief executive
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Pricing of motor premiums ’fundamentally discriminatory’
’If we use occupation, postcode, all those [types of] things, then we are going to discriminate against vulnerable consumers,’ says chief executive
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Fraudulent activity surrounding luxury watch claims ‘as high as 50%’
’Common scenarios include fictitious losses or a watch being used to make multiple claims with different insurers,’ says managing director
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ManyPets’ group chief executive Mendel to depart for ‘change’
The business has also announced a successor
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Allianz’s Holmes responds to FCA’s Gap insurance announcement
’All products should provide value for customers,’ says chief executive
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Millions of UK homes at risk of underinsurance
’It’s shocking to see that so many might not have the coverage they need to keep their possessions safe, says expert
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Flood damage reported to insurer after storm nears £10m
’As a nation, we need to become more resilient to extreme weather events,’ says head
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Allianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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Admiral and law firm catch fraudster who exaggerated tinnitus claim
’We hope this serves as a good example of why dishonesty simply does not pay,’ says head of motor claims fraud
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Ransomware top cyber threat for insurance sector in 2024
’Mid-market organisations are working hard to implement more mature and effective cyber security measures,’ says managing director
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Surge in insurance costs helps Money Supermarket secure record revenue
’Exceptionally high premium inflation continued, driving high search traffic,’ firm says
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ERS appoints new head of counter fraud
’I’m looking forward to sharing my expertise to help ERS grow further within the UK market,’ says new appointee
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Pet wearables firm launches product in partnership with Ignite and Covèa
’This is a watershed moment in UK pet insurance,’ says chief executive
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Data does not support OIC mixed injury ‘epidemic’ claim – Acso
Insurers are ‘comparing apples and pears,’ says executive director
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Home insurance premiums surge by 32% in Q4 2023
’Home insurance premiums have increased across the country in the past year,’ says director
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RSA on the hook for credit hire fee following Supreme Court ruling
The decision sets ‘a framework to prevent sums that are not a reasonable pre-estimate of loss from being recovered’, explains law firm
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Admiral and Google Cloud partnership to place customers ‘at its heart’
’We see data at the heart of not only being able to ever evolve our ability to deliver personalised pricing, but also a more personalised experience,’ says chief information officer
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US-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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Handl Group targets divisional managing director recruitment following 77% turnover growth
The organisation aims to forge new synergies between its brands thanks to the creation of three new divisions
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Consumer Intelligence confirms 2024’s winning insurers in home and motor markets
’We pride ourselves on recognising the companies that truly excel,’ says head of marketing