Articles by Tom Luckham
Covéa’s Callan appointed retail MD for Brown & Brown
Brown & Brown has appointed Callan as managing director of its Retail Division. Callan previously served as Commercial Lines Director at Covéa before leaving in July.
Ten arrested in commercial fraud crackdown
Ten individuals across the country have been arrested following a two-week police operation to tackle commercial insurance fraud.
PL insurers continue to face rising material and labour costs
Both home and motor insurers are continuing to feel the effects of the rising costs of labour and materials, according to reports from Verisk and the Association of British Insurers.
Q&A: Beatriz Valenti, QBE Europe
QBE Europe's director of insurance shares her growth plans, the importance of finding the right talent and need to diversify product offerings.
Insurers welcome Automated Vehicles Bill included in the King’s Speech
The King’s Speech announced the government's intention to, in this parliament, introduce long-awaited legislation covering the use of self-driving vehicles on the UK’s roads.
Growth expected in premium income in 2023
Insurers are set to report growth in premium income for the rest of 2023 before tapering off, according to EY.
Direct Line eyes turnaround with improved Q3 results
Direct Line’s Q3 trading update has revealed it has doubled its Motor gross written premiums, a welcome improvement amid a turbulent year for the insurer.
Implementing dual PI discount rate could be ‘complicated’
Speaking at an Association of British Insurers event, a panel of experts agreed that while a dual discount rate could lead to better accuracy, it could prove to be very complicated to work with.
Allianz catches fundamentally dishonest pavement fall fraudster
A recent Allianz personal injury case has revealed a claimant to be fundamentally dishonest, finding that they had misled the insurer regarding their accident.
Insurers must brace for another burst pipe claims influx
As winter approaches, another surge in burst pipe claims may be likely, with research showing a 75% increase in such claims in 2022.
Home insurance costs continue to rise following ‘worst year on record’
Analysis by Ernst & Young has revealed that home insurance suffered its worst year on record in 2022, and fortunes aren’t about to change.
Aviva: SMEs ‘woefully underserved’ for cyber cover
Cover against damage from cyber attacks against SMEs has been branded as “woefully underserved” at an Aviva event.
Industry calls for clarity on self-driving liability
The industry has called for legislation and clarity on self-driving vehicle liability in the upcoming King's Speech in order to be able to step up and provide cover.
Q&A: Jonathan Frankham, World Nomads
Jonathan Frankham, General Manager, UK & Europe at World Nomads, reveals how travel insurance has changed post pandemic and whether further evolution is required due to climate change.
‘Writing on the wall’ for pet insurance if data isn’t utilised quicker
Data usage in pet insurance has “lagged behind” home and motor, according to Crif UK, and if the sector isn’t able to get a grasp of it soon, the writing could be on the wall.
Aviva completes nine-month commercial digital transformation
Aviva’s Global Corporate & Specialty team has revealed how it has been able to develop 20 commercial lines pricing models in just nine months, cutting build time by 75%, after utilising Hyperexponential’s pricing decision intelligence platform, HX Renew.
PL insurers to face ‘double whammy’ to margins in 2024
A report from Bloomberg Intelligence has warned that the margins of UK insurers such as Admiral and Direct Line face a “double whammy” of claims inflation and regulation in 2024.
APIL argues changes to RTA claims rules will erode justice
Proposals to change the way medical reports are sourced and disclosed in road traffic injury claims would be a “backwards step” for the process, according to the Association of Personal Injury Lawyers.
Labour pledges to tackle car insurance costs
In a speech to the Labour Party conference, Shadow Transport Secretary Louise Haigh promised a Labour government will ensure motorists aren't paying over the odds to insure their vehicles.
Aviva catches out fraudster who claimed videos featured his twin
A Hampshire man seeking compensation from Aviva for alleged injuries claimed videos of him taking part in martial arts training during his recovery period actually showed his twin brother.
Insurers lining up takeover bid for RSA’s PL business
Aviva is among the insurers lining up a bid for RSA’s personal lines business, according to anonymous sources speaking to Reuters.
Allianz and Intact pondering Aviva takeover, reports claim
The Times has reported that "market chatter" has suggested Allianz and RSA owner Intact, are considering lining up a bid to buy Aviva.
Motor and home premiums at ‘peak of the pricing cycle’
Figures released by Pearson Ham have revealed that home and motor premiums have further increased in the third quarter, as we reach ‘the peak of the pricing cycle’.
Regulator monitoring motor insurance premiums
The Financial Conduct Authority is “monitoring” motor insurance prices amid skyrocketing premiums.