Research - The Briefing: Personal Lines Broking

The Briefing

THE BRIEFING: Personal lines broking

Personal lines broking: The risks of unrated insurers, the threat of Amazon, dual pricing and insuretech

Does the UK have a compensation culture?

Four specialists discuss the effects of fraudulent claims and how the industry can guard against them

Time to shrug off the industry stereotypes

It is essential that insurance improves representation for both race and gender at all levels, to better reflect its customer base

Are brokers doing enough to innovate?

Four insurance specialists give their views on whether brokers are keeping up with changes in the market

Millennials are main perpetrators of motor insurance fraud

Research by Cifas suggests the view of insurance fraud as a ‘victimless crime’ persists in the UK, with younger drivers increasingly likely to offend through fronting, leading to calls for continuing education from the industry

What can brokers and insurers do to tackle dual pricing?

Four specialists give their views on how the industry shifts from giving preferential prices to new customers

Keyless entry a growing concern as motor thefts rise

Car theft claims rose by 27% in 2018, as criminals find new ways of hacking into high-end cars

Dual pricing: Getting off the hamster wheel

The insurance industry is coming under increasing pressure over dual-pricing. Will it ever be able to eliminate it?

Insurers face rising repair costs due to new car technology

While driver assistance features are improving safety on the roads, vehicles with advanced driver assistance features cost more to repair, a problem exacerbated by a fall in the number of bodyshops

Will the Civil Liability Act succeed where others have failed?

Insurers and brokers should expect a big surge in claims ahead of the latest round of whiplash reforms and, once the new portal comes into place, prognosis shift and an attempt by CMCs to reposition themselves

Is broker consolidation bad for innovation?

Commercial lines brokers continue to consolidate, with the tie-up between Stackhouse Poland and Gallagher expected to be completed at the end of Q1. But as brokers seek ever-increasing scale, do we risk losing the value of independent advice?

Cyber reputation threat is top 2019 risk

Cyber threat and its link to loss of reputation is the top risk for SMEs in 2019, according to the Allianz Risk Barometer, and the second biggest concern for mid-sized firms, next to business interruption (BI). The two risks are linked, with cyber incidents the most feared BI trigger for ...