Personall Lines – Page 6
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Aviva issues Valentine’s warning amidst surge in high-end jewellery theft
’It’s crucial that individuals are sensible about when and where they wear expensive jewellery,’ says head of risk management
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Uinsure ‘on the road to accelerate growth’ following minority PE investment
Former BGL Insurance chief executive has also joined the insurtech as non-executive director
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Insurers agree to suspend Gap sales after FCA investigation
’In its current form it does not offer fair value and we want to see improvements,’ says executive director
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More young drivers want telematics policy for environmental benefits
’Environmentally conscious driving doesn’t just lead to lower premiums, but also lower fuel costs and slower driving speeds,’ says chief executive
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Pet insurance premiums spike in last six months of 2023
Director says the group will monitor a new investigation by the CMA to see if it will have ‘any ramifications on pet insurance pricing in the year ahead’
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Harry Franks leaves Zego for ‘personal reasons’
Zego says Franks still gives ‘ongoing support’ to the insurtech
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Van insurance prices see highest annual increase in six years
’Premiums for the younger end of the market remain considerably higher,’ says analyst
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Markerstudy to exit short-term market
’We are currently conducting our annual review of our product lines and broker strategy,’ says spokesperson
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Ecclesiastical reveals surge in fraud claims – and the trends that are emerging
’Insurance fraud is a crime that continues to cost insurance companies,’ says claims director
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Insurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
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Axa to withdraw from motorcycle market
’This change will allow us to further strengthen our offering across our other intermediated products,’ says spokesperson
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Prices rise across personal lines sector in January 2024
’How long this will continue to remain is difficult to determine,’ says director
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Luxury watch theft ‘growing concern’ for insurance sector
’It is a common worry for underwriters, brokers and, of course, the individuals who are the victims of such crime,’ says director of private clients
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Government of Gibraltar and Insurtech UK renew Statement of Intent deal
’We remain committed to supporting our insurtechs on their authorisation journey,’ says chief executive
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Clear Group buys London-based high net worth broker
The intermediary’s ‘strong and growing offering in the HNW’ arena makes it a ‘perfect fit’ for the smaller broker, says managing director
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Claims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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CMA opens inquiry into Markerstudy and Atlanta merger
The regulator is inviting comments on the transaction
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‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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Cross-industry checks lead to man being sentenced for bogus TV claims
’We hope this result acts as a warning to anyone considering exploiting their insurance policy for financial gain,’ says detective constable
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Ageas making ‘market-first’ move to better protect policyholders against extreme weather
’We are finding innovative ways to better protect our customers,’ says claims director