Personal Lines related articles – Page 7
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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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News Analysis
Insurers told to have greater EV focus to avoid risk of political issues
’The insurance market has to [insure EVs] because if firms don’t, it will become a political issue,’ says chief executive
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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
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Clear Group buys London-based high net worth broker
The intermediary’s ‘strong and growing offering in the HNW’ arena makes it a ‘perfect fit’ for the smaller broker, says managing director
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Claims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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News Analysis
Briefing: Amazon exit is further evidence of insurance sector’s resilience
The tech firm just ’wasn’t on par’ with the existing ’pretty slick’ UK price comparison offering
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CMA opens inquiry into Markerstudy and Atlanta merger
The regulator is inviting comments on the transaction
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News Analysis
TechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance
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‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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Cross-industry checks lead to man being sentenced for bogus TV claims
’We hope this result acts as a warning to anyone considering exploiting their insurance policy for financial gain,’ says detective constable
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Ageas making ‘market-first’ move to better protect policyholders against extreme weather
’We are finding innovative ways to better protect our customers,’ says claims director
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News Analysis
In Focus: Bumps in the road ahead for environmentally-friendly motor policies
There is a ’big challenge’ when attempting to offer ’decent prices’ on environmentally-friendly motor policies, says chief executive
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ERS to use more data to support brokers through new deal
’As a broker only insurer, it is important that we do all we can to support our partners,’ says active underwriter
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Amazon closing down Insurance Store after 15 months
The e-commerce giant says it made the ’difficult decision’ following an evaluation
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Qlaims founder Harvey to retire
’The whole team share his passion to improve the customer claims experience,’ says chief executive
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French wholesale broker snaps up two-wheeler specialist in UK
’The whole management team are incredibly excited to take this next step,’ says chief executive
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Clayden to step down as MIB chief executive
A new chief executive will be announced in due course
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Travel insurance distribution platform for UK brokers launched
’The time is now right to launch a new platform, exclusively for brokers,’ says managing director