Property
Expertise from A-Z: Sharing economy: Learning to share
With the sharing economy set to rocket in value over the next 10 years, the changing attitudes of the younger generation means insurers need to ditch their ‘one size fits all’ approach to insurance
Blog: Home insurers should look at data sharing before connected home
It's undoubtedly a challenging time for home insurers.
Floods six months on: as claims are settled, how resilient are repairs?
The Association of British Insurers says 90% of December's floods are settled and it supports the introduction of flood measures in building regulations
Blog: Subsidence, the forgotten peril
The year 1976 saw the first surge of subsidence insurance claims. Four decades later, why is subsidence the forgotten peril?
Blog: Cooking calamities - More than 38% of house fires start in the kitchen
Understandably, there is a great deal of focus right now on managing flood risks but looking at household fire claims, the number and cost of these claims have also changed quite significantly in a relatively short period of time.
LGBT Cover: Over the rainbow
Pride in London Parade takes place on Saturday 25 June and this year's theme is #nofilter, encouraging lesbian, gay, bisexual and transgender people to stop self-censoring and live their life as they are. To insure these customers as they are, do…
Digital: Gamification: Playing games
In the war for consumer attention, games could be a way to win over hearts and minds, and – most importantly – the customer’s time
Cycling: Reaching new summits
The London 2012 Olympics made cycling popular in the UK again but what effect has it had on the insurance industry supporting it?
Airmic 2016: Employees create biggest cyber risks
One of the biggest digital risks to companies is employees themselves, and senior management should think twice before authorising access to data systems.
Sharing Economy: Taking a slice of the action
With the sharing economy growing year-on-year, what are the challenges and opportunities for the insurance industry?
Broker - Commission: The question of commission
According to some, the trend for insurance brokers to ask for higher commissions shows no sign of abating – but is the evidence there to prove this is true?
Rapid rise of urban populations driving climate change risk, says World Bank
Assets worth $158 trillion (£109 trillion) could be at risk from river and coastal flooding by 2050 unless more is spent on disaster mitigation according to the World Bank.
Blog: Fresca-Judd prompts rethink on landlords' cover
The Fresca-Judd case was good news for tenants - but not for insurers attempting to claim back costs for property damage. What lessons should be learned by landlords and those providing cover?
Affinity: Creating perfect partnerships
Despite the public outcry over the affinity partnership between Age UK and Ageas, a clear objective and strategy can reap rewards for both halves of a deal.
RGA Underwriting gets Lloyd’s broker status
RGA Underwriting will start placing risks directly with Lloyd’s underwriters in a move the company says will let them place more unusual risks particularly in the property market.
Weald Insurance Brokers acquires insurance business of Steadman & Hozier
Kent-based Weald Insurance Brokers has acquired the insurance business of South Croydon-based Steadman & Hozier for a sum of around £5m.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.
Bristol contact centre to be hit by majority of Allianz job cuts
The majority of the 170 Allianz roles put at risk due to its proposal to exit direct home and motor insurance are Bristol contact centre jobs, Allianz UK CEO Jon Dye said, with the potential withdrawal impacting 187,000 policies.
170 roles at risk at Allianz as direct motor and home exit proposed
Allianz UK could withdraw from the direct home and motor markets and has entered union discussions due to approximately 170 roles that would be impacted by the move.
FM Global blames dollar strength for premium decline as combined ratio rises
FM Global said its financial results for 2015 were ‘outstanding’ despite a drop in its gross in-force premium and an increase in its combined ratio.
Perils increases loss estimate for Storms Eva and Frank
Catastrophe data firm Perils has revised the loss to the property insurance market caused by Storms Eva and Frank to £578m from its initial estimate of £526m.
Lloyd's underwrites first blockchain solution for sharing economy
The first blockchain insurance product for the sharing economy - underwritten at Lloyd's - has launched.
Vann to drive home growth at Esure with 'test and learn' approach
Esure is adopting a “test and learn" approach to expanding its home insurance footprint in a bid to quote for a wider UK demographic once rates improve.
Underlying profit drops at Esure amid challenging market in 2015
Esure recorded a deterioration in its combined operating ratio to 97.8% in 2015 (FY 2014: 91.9%) as underlying profit dipped by 22.7% to £82.9m (FY 2014: £107.2m) amid “highly competitive” market conditions.