Personall Lines – Page 8
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NewsSaga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year
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NewsInsurtechs becoming more attractive as acquisition targets for insurance groups
’[It] can take a long time to get that sort of innovation and generate capacity, so it is often easier for insurance firms to go and buy an insurtech,’ says chief underwriting officer
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NewsMajority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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NewsAgeas UK expands broking team with two senior hires
’Their extensive experience and proven track records in the personal lines’ insurance market will be invaluable,’ says chief distribution officer
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NewsPIB Group announces acquisition of family-owned broker
’We are committed to empowering entrepreneurs to pursue what’s best for their business,’ says regional managing director
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NewsEarnix upgrades London office as it looks to continue ‘good progress’
Chief executive says the move marks a ‘significant investment’
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NewsEcclesiastical posts underwriting profit of £20.4m for H1 2024
Ecclesiastical put the improved profitability of its underwriting partially down to a ’more stable claims environment’
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NewsFootball club partner launches insurance broker
’The launch has enabled us to bring more services to our customers,’ says managing director
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NewsInsurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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NewsUinsure goes on hiring spree after RSA exit results in big deals
’An expanded scale will only help in securing more competitive premiums for all our partners’ customers,’ says chief distribution officer
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NewsPE firm set to sell Open GI as ‘definitive agreement’ confirmed
’The transfer of ownership is expected to be completed in the fourth quarter,’ a spokesperson said
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NewsRevealed: Which firms won at the Tech and Innovation Awards 2024?
Double wins and debut successes at the 2024 Tech and Innovation Awards – was your firm among the winners?
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NewsReducing exclusions can boost customer trust and profitability – Holmes
’Reducing or eliminating certain exclusions could enhance customer experiences and underwriting profitability,’ says chief executive
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NewsGo Compare strikes deal with insurtech to boost pricing
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
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NewsLaka acquires renewal rights to insurance provider’s bike portfolio
’This renewal rights acquisition forms part of Laka’s mergers and acquisition strategy,’ says chief executive
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NewsMany claims experiences ‘breaching’ consumers’ trust in industry – Holmes
’This substandard customer experience often gives our industry a reputation of being scammers who are happy to take the customer’s premium,’ says chief executive
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsMotor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
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NewsSpecialist insurance provider snaps up ex-Aon leader for senior underwriting role
The appointee is ‘looking forward’ to collaborating with brokers in delivering a ‘superior insurance product’
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NewsPE firm acquires 50% stake in home and motor MGA
’We have been highly impressed by the company’s achievements to date,’ says partner and head
