Personall Lines – Page 7
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Backchat: October 2024
A new restaurant opening, a conference with a twist and something for all pet lovers – what has the insurance industry been up to of late? You heard it here first…
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FCA probing another insurance product due to fair value concerns
It comes after the regulator warned that it could repeat the action it took with the Gap market in other sectors
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Labour action to tackle motor premiums criticised for ‘industry-led approach’
’If the industry investigates itself, how do you avoid the outcome being skewed?’ says chief executive
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Chief executive issues warning as Flood Action week gets underway
’One year on from Storm Babet and we are seeing yet more severe weather and flooding across the country,’ says boss
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The Top 50 Insurers 2024 digital edition is now live
The exclusive ranking of UK regulated general insurers and Lloyd’s syndicates is now available – where has your firm placed this year?
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Car insurance premiums drop for third consecutive quarter
’Insurers have felt able to continue the reducing trend in premiums,’ says UK head
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Insurance Times launches annual Broker Service Survey for 2024/25
UK general insurance brokers have the opportunity to provide feedback on insurer service for both personal and commercial lines in Insurance Times annual benchmarking survey
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Ageas in talks to acquire Saga’s underwriting arm and form major UK affinity partnership
’This transaction allows us to grow in a market where we already have real strength and expertise,’ says chief executive
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Warning issued as personal injury compensation claims nosedive
’Many people who have suffered painful injuries and disruption to their lives are not receiving the compensation they need and deserve,’ says chief executive
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Ex-Allianz Personal chief executive joins Zego board
’His advice will be absolutely crucial as we continue to deliver innovative products for our customers and growth for our shareholders,’ says chief executive
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Broker announces first acquisition since receiving major investment
’It’s great to have the fire power behind us to execute these sorts of opportunities,’ says chairman
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MGA and broker partner on new product to fill ‘critical market gap’
’This new offering exemplifies our commitment to develop customer centric insurance solutions,’ says chief executive
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Palestine Action protestors attack multiple Allianz locations and occupy Guildford HQ
The protest group says the insurer is a major financial backer of Israel’s arms and weapons industry
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Compare the Market investor ‘exploring sale’ of stake in PCW
The investor paid £675m for a 30% stake in 2017
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Markerstudy announces new c-suite after Atlanta deal
’I have been hugely impressed by her strategic nous and financial acumen since we brought the two businesses together,’ says chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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MIB reveals results from latest crackdown on uninsured drivers
The operation continues to take place on the M8 motorway between Edinburgh and Langbank
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Credit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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New president takes the helm at Cila
’It is an honour to be elected as Cila president for the coming year,’ says new president
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Zego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said