Average home insurance premiums have dropped 1.2% in the past year to £134, despite a rise in subsidence claims, according to the latest report.
The number of motor claims has risen by 10,000, which lawyers say is a sign there has been little impact from whiplash reforms.
More than a third of law firms have already shed staff in the run up to the implementation of the Civil Liability Act, and the majority believe the reforms could decimate the personal injury sector.
Jon Britton, from Allianz Partners and Stephen Hartshorne, formerly at Axa, have launched an insurtech that draws upon open source data.
Gibraltarian insurer Lamp is the fifth unrated carrier to fall over in the past three years. The insolvency once again demonstrates the risks brokers take when they use unrated insurers, industry figures have warned.
Pikl, sharing economy insurtech, has appointed John Bailey and Alison Astell for two newly created senior positions in the company.
Gibraltar-based unrated insurer Lamp has submitted an application to place the business into liquidation.
Rob Smale, former claims director at Ageas, has joined the board of motor salvage firm E2E as a non-executive director.
This week, along with the rest of the team, I attended the British Insurance Brokers’ Association conference. I knew it would be an action-packed week - but nothing could prepare me for what was ahead.
The London Market Group has called for urgent action to take charge of how market organisations acquire the skills they need to face the future.
Exclusive: Saga has revealed that the three-year fixed-price promise has attracted more than half of its customers.
Clyde & Co has opened an office in Dublin to ensure its Irish law insurance practice can continue to operate seamlessly as the UK leaves the EU.
The Environmental Agency has launched an eight week consultation on a new long-term strategy to tackle flooding and coastal change.
The government has allocated £200m to remove and replace aluminium composite material cladding from around 170 privately owned high-rise buildings.