’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
’We have been highly impressed by the company’s achievements to date,’ says partner and head
The Labour party already has motor insurance premiums in its sight – but how long until home insurance starts to face the same level of scrutiny?
’We see a big opportunity to grow our presence in the home insurance market,’ says managing director
’Buildings insurance complaints have been steadily on the rise for some time,’ says director of insurance
Uninsure made the deal as it is in ‘need of a strong home insurance panel’, says chief insurance officer
Insurance DataLab reveals exclusive analysis of the five largest business lines in UK general insurance, detailing which products are currently the most profitable
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
Premiums rose off the back of the Covid-19 pandemic and increases continued into this year
Nick Turner, head of surveying at loss adjusting firm Woodgate and Clark, explores how the insurance market can better manage claims costs while also supporting greater sustainability by embracing the concept of the circular economy
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
The rising use of lithium-ion batteries is increasing fire risks, prompting potential policy wording changes. How will the industry respond to this new challenge?
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
’The UK has proven to be an exciting market for us with a large digitally-savvy population who appreciate an easy, personalised experience,’ says chief executive
Research foundation feels some insurers are ‘committing the sin of omission’ when promoting tiered products
’If insurers want people to trust them, then we need to have some clarity about what’s going into their [pricing] models and how that’s being used,’ says managing director
In particular, ‘cannabis farms are a big issue’ concerning commercial and domestic properties, as well as suspicious escape of water claims
Flood-related claims are on the up, heavily influenced by climate change and the uptick in named storms – the insurance industry must take a proactive stance on this risk to avoid drowning in high claims volumes
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