Personall Lines – Page 3
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Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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FCA business plan focuses in on Consumer Duty implementation
’We remain resolute in supporting the vital role the financial sector plays in the UK’s long-term economic growth,’ says regulator’s chief executive
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DLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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Cats knocking over TV among thousands of pet claims received by Aviva
’Our four-legged friends can inadvertently cause damage to our homes,’ says director
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Pet insurance premiums continue to rise in 2024
’The broader year-on-year movement is raising considerable concern,’ says director
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Insurance industry facing ‘challenging period’ due to regularity of storms
Experts suggest that insurance firms are also facing challenges in adopting flood resilience schemes
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Backchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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Zurich finds surge in fraudulent property insurance claims
’It’s clear that every year fraudsters are becoming more sophisticated,’ says head of claims fraud
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Aviva and Darwin announce second autonomous vehicle passenger shuttle
’This trial will give us access to a wealth of rich data,’ says head of motor
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McLarens launches dispute resolution service to capitalise on growth opportunity
’We recognised an underutilisation of our team’s expertise,’ says client lead
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Insurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
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Admiral posts COR of 88.7% for 2023
’2023 was a more encouraging year after a difficult 2022 for the industry,’ says UK chief executive
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Home insurance premiums rising at record pace
’This is the largest yearly increase we have seen since our tracking began in 2014,’ says senior insight analyst
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JM Glendinning expands portfolio with broker buy
’This is a great opportunity for JM Glendinning and will unlock many opportunities,’ says managing director
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The Green Insurer inks partnership with LV= General Insurance
’Expanding our panel of insurers shortly after launch is a major endorsement for The Green Insurer,’ says chief executive
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Hiscox UK posts £630m ICWP for 2023
’The UK broker commercial business continued to enjoy excellent retention, illustrating the underlying quality of the business and loyalty of our customers,’ says group chief executive
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Financial education leaves insurance ’off the table’ – Black Girl Finance
’That insurance conversation gets left behind,’ says founder and chief executive
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Remaining Gap providers told to pause sales of product by FCA
’We are working closely with Gap insurers to resolve issues as quickly as possible,’ says spokesperson
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Catch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference