Household - pricing pressures: Put your house in order

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Household insurance is entering a make or break phase and brokers and insurers need to be disciplined, yet flexible, to remain competitive, says Craig Allen.

Home insurance has long enjoyed a much greater degree of premium and profits stability when compared to its personal lines cousins such as motor insurance. However, a host of negative ingredients is

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Are we ever going to stamp out underinsurance?

News Editor’s View: As Aviva’s broker barometer shows underinsurance remains a major concern for brokers, with almost three-quarters worried their clients may not have adequate cover, Scott McGee questions what the industry is doing to ensure everyone is properly protected.

ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.

Irish guidelines for assessing damages to push up premiums

Aine Tyrrell, partner at law firm DAC Beachcroft, explains why fresh guidelines for the assessment of damages in Northern Ireland could add to the costs faced by insurers and contribute further inflationary pressure to premiums for liability and motor products.

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