Personall Lines – Page 5
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Home insurance premiums surge by 32% in Q4 2023
’Home insurance premiums have increased across the country in the past year,’ says director
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RSA on the hook for credit hire fee following Supreme Court ruling
The decision sets ‘a framework to prevent sums that are not a reasonable pre-estimate of loss from being recovered’, explains law firm
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Admiral and Google Cloud partnership to place customers ‘at its heart’
’We see data at the heart of not only being able to ever evolve our ability to deliver personalised pricing, but also a more personalised experience,’ says chief information officer
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US-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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Handl Group targets divisional managing director recruitment following 77% turnover growth
The organisation aims to forge new synergies between its brands thanks to the creation of three new divisions
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Consumer Intelligence confirms 2024’s winning insurers in home and motor markets
’We pride ourselves on recognising the companies that truly excel,’ says head of marketing
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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