Property
RSA transfers home and injury adjusting team to Cunningham Lindsey
More than 120 RSA home and injury loss adjusters are to transfer to Cunningham Lindsey from 31 December.
In Series: Windstorms: Be prepared
Insurers can make sure they’re ready to hit the ground running once a windstorm has passed by studying weather data before the storm hits.
Space support for planned subsidence mapping tool
A UK-based service to assess the risk of subsidence using satellite observations and property data is a step closer following a study.
Clear completes 19th acquisition with Emson Corporate Services buy
Clear Insurance Management has acquired Emson Corporate Services, taking the broker's controlled premiums to £70m.
GB Underwriting snaps up UK property book from Kay International
GB Underwriting has acquired Kay International’s portfolio of UK property business in a deal that is billed as a “significant enhancement” to the independent managing general underwriter’s properties insurance capabilities.
In Series: Windstorms: Postcode lottery
The nature of windstorms requires a different, broader approach to underwriting.
Novae CEO Fosh confident for Q4 despite softening market
Novae Group CEO Matthew Fosh believes the specialist Lloyd’s player is “well positioned” for the final quarter, despite a softening rating environment, after achieving a 20.3% uptick in gross written premiums over the opening nine months of 2015.
Esure GWP rises 5% at nine month stage as rating actions bed in
Positive rating actions and footprint expansion in home and motor lines of business have seen Esure increase gross written premium by 5% to £430.5m in the first nine months of 2015 (9M 2014 £410m).
Blog: Don't let your clients get burned this Bonfire Night
On Guy Fawkes Night this evening, fireworks and bonfires will bring the family together, creating an enjoyable atmosphere for children and adults alike. However, there is one other thing we need to remember, remember this 5th of November, and that's to…
Watson commends 'stable' profits despite nine-month drop
Ageas UK CEO Andy Watson told Post he is unconcerned by the firm's nine-month results published today (4 November), which included a 25% profit drop.
DLG reports 4.1% growth in motor
Direct Line Group has seen an increase in gross written premium and motor for the first nine months of 2015, according to an interim management statement released today (3 November).
Customers most likely to pick and choose on insurance
Insurance products have topped the list when it comes to consumers shopping around; beating mortgages, phone contracts and energy suppliers according to an ABI survey.
Home insurance premiums fall in year-on-year ABI statistics
The annual cost of a combined building and contents policy has fallen, with the average £290 figure down compared to this time last year but up slightly on the previous quarter, according to Association of British Insurers data.
Editor's comment: Great Scott!
Last week was Back to the Future day – 21 October 2015 – the date film character Marty McFly travels to in the second instalment of the sci-fi trilogy.
IPT increase to add £13 to motor policies, claims ABI
The Association of British Insurers has highlighted how a range of policies will be impacted when the Insurance Premium Tax increase takes effect in November.
Brightside and Sun Life team up on home insurance offering
Brightside has signed a five-year affinity deal to provide a home insurance offering for Sun Life customers.
Q3 motor premiums increase 4.8%, AA Index shows
Average motor premiums rose 4.8% in the three months to 30 September 2015, while over the past 12 months the average policy price has increased 9.2%, results from the AA premium index show.
Blog: Product ratings gaining momentum as an alternative to claims ratios
In my last blog for Post, I pitched the idea of product ratings as an alternative to claims ratios. I am delighted to say that the debate has moved on significantly in recent weeks, thanks to an independent review company which publishes star ratings for…
Increased innovation and outsourcing key to driving down household claims expenses
Household insurers have been advised to outsource more claims and increase innovation or run the risk of following the path of the unprofitable motor market.
Home insurer profitability 'in the balance' as expenses outstrip claims costs
The amount paid in expenses last year outstripped the cost of claims for home insurers for the first time on record.
Axa unveils loss adjuster panels for property claims
Axa has named four loss adjusters on two panels to deal with commercial property and household claims.
Emapsite launches geo-coded subsidence model
Data services provider Emapsite has launched a geo-coded perils model enabling insurers and underwriters to assess the subsidence risk for every property in the UK.
Relocation and motor claims expected as St Albans sinkhole is filled
Work on repairing a sinkhole in St Albans that left more than 50 properties without water, electricity or gas has taken place at an estimated cost of £100,000 so far.
MA Assist scoops RSA property claims contract
Property claims and building repair specialist MA Assist has been appointed as sole supplier to RSA for repair fulfilment on property claims under £20,000.