The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Insurer |
22 May 2012
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
Insurer |
22 May 2012
Insurers have reaped the rewards of benign weather and rate rises in catastrophe hit regions, but analysts warn the worst could be yet to come.
Insurer |
15 May 2012
Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.
Insurer |
15 May 2012
Ageas UK boss Barry Smith has warned of further rate rises on household premiums after admitting to a rate hike of 16% for buildings cover last year.
Insurer |
14 May 2012
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Tesco Underwriting, Ageas' household and motor partnership with Tesco Bank, generated a pre-tax profit of £7m in the first quarter compared with a loss of £4m last year.
Insurer |
14 May 2012
Aviva has paid credit hirer Accident Exchange a "seven figure" out-of-court settlement after using "dishonest" Autofocus evidence to reduce its hire charges.
Insurer |
18 Apr 2012
Ageas has unveiled The Ageas Bowl following the announcement of its new partnership with the home of Hampshire cricket.
Insurer |
13 Apr 2012
It is no secret that a large quantity of drivers who have not recently claimed, and whose circumstances have not changed, are nonetheless paying increased insurance premiums.
Insurer |
03 Apr 2012
The decision by LV to scrap its age limit of 86 for new car insurance customers has struck a chord with industry bodies behind the launch of a new signposting model, yet market rivals appear largely unconvinced.
Insurer |
03 Apr 2012
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Consultancy, software and outsourcing firm Quindell Portfolio has appointed Ageas UK board member Robert Bright to its strategy and integration advisory board.
Claims |
28 Mar 2012
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Insurer |
27 Mar 2012
The number of opportunistic fraudsters has rocketed with the use of aggregator sites, as some customers deliberately provide inaccurate information in an attempt to get cheaper premiums.
Insurer |
20 Mar 2012
Affinity business is a growing area for insurers, but how can the industry avoid its pitfalls while making partnerships work?
Insurer |
13 Mar 2012
Ageas is to automatically use credit information about prospective clients in motor quotes.
Insurer |
05 Mar 2012
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
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22 May 2012
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23 May 2012
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22 May 2012
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22 May 2012
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22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...