Household
Current investment in UK flood defences not enough to combat climate-related losses
Chief executive warns continuous investment in flood defences alone is ‘not sufficient’ to mitigate the foreseen losses
Millions of homeowners at risk of underinsurance as house rebuild costs surge
’As house prices fluctuate, it’s important not to confuse your home’s value with its rebuild cost,’ says expert
Property insures facing ‘mixed bag’ of news over claims costs
’Insurers need to consider fluctuations in the cost of materials, running plant equipment and labour,’ says head of property
Heightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
Earnings from broker schemes rise as hard market cycle persists
Insurance Times picks out the best and worst performing lines from data provided by schemes software provider SchemeServe
Storm Babet a warning for UK insurers to focus on building resilience
’Insurance can be a very important part of building resilience to the increase in weather-related disasters,’ says senior lecturer and coauthor
Pricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
Darker nights predicted to trigger rise in home and motor theft claims
Less light in the evenings ‘provides greater opportunities for thieves’, says head of motor claims
Partners& inks new deal to expand in the south east
’The team bring a wealth of experience and a specialism,’ says managing partner
Ant Middle: Ageas has planted its flag firmly in personal lines brokered business lines
’We are a business that only succeeds if we can succeed with brokers,’ says Ageas chief executive
Insurance warning issued as Storm Agnes set to batter UK with strong winds
’We urge home and business owners to check now whether their property is storm resilient,’ says property claims manager
Briefing: Home insurance showing cracks
Whatever the outcome, the data points to a looming crisis when it comes to subsidence
Insurers warned as motor and building insurance complaints hit five-year high
’Where these complaints are driven by insurers delaying paying out on claims, that’s unacceptable,’ says chief executive
Policy Expert ‘broadening’ distribution relationships after ‘best month’ for renewals
’We’re laser focused on continuing to grow our market share,’ says executive chair
Travel insurance leads personal lines for potential growth
’This growth in annual travel insurance is reflective of a growing confidence and for many, a return to their normal calendar of travel,’ says chief executive officer
Quoted home insurance prices see record annual increase
’Many customers will be feeling the pinch in their household budgets,’ says senior insight analyst
Aviva issues warning as majority of homeowners choose to repair broken belongings
’We encourage Brits to check whether they can claim for repair with their home insurers,’ says property claims director
Compass Insurance warns of increased claims from unpredictable weather events
’Static caravans are particularly susceptible to damage from storms or floods,’ says managing director
Admiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
Home insurance premiums reach all-time high – but is ‘return to normalisation’ in sight?
’Home insurers have had to address many challenges,’ says director of insurance pricing
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Personal Lines Report
