Wednesday, 12/12/2018 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • Aviva goals to disrupt the market with new subscription-style product
    Aviva goals to disrupt the market with new subscription-style product

    Supplier to deal with twin pricing with new residence and motor providing. Aviva has launched a subscription-style insurance coverage product, which it stated was designed to deal with shopper considerations with the business resembling twin pricing. AvivaPlus is initially a direct product, which the supplier said gives versatile cowl, month-to-month funds with no APR, no […]

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  • Podcast: The highest 5 tales of the week
    Podcast: The highest 5 tales of the week

    You’re at present accessing Insurance coverage Age by way of your Enterprise account. If you have already got an account please use the hyperlink under to sign up. In case you have any issues together with your entry or want to request a person entry account please contact our customer support staff. Telephone: 1+44 (zero)870 […]

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  • Quizzical questions: 23 November 2018
    Quizzical questions: 23 November 2018

    You’re at present accessing Insurance coverage Age by way of your Enterprise account. If you have already got an account please use the hyperlink under to check in. When you have any issues together with your entry or want to request a person entry account please contact our customer support staff. Telephone: 1+44 (zero)870 240 […]

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  • Motor insurance coverage pay-outs soar to document ranges
    Motor insurance coverage pay-outs soar to document ranges

    ABI knowledge exhibits that the price of theft claims has surged by 32% to £271m within the first 9 months of 2018. Motor insurance coverage pay-outs have reached document ranges this yr with greater than £23m being paid daily, based on analysis by the Affiliation of British Insurers (ABI). Within the first 9 months of […]

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  • The Weblog Spot: Two sides to the notion hole
    The Weblog Spot: Two sides to the notion hole

    The frustration is that insurance coverage has a lot to be pleased with. To call simply 4 causes. Insurance coverage rebuilds companies and other people’s lives on the time of a declare. It supplies helpful danger administration recommendation to assist people and corporations keep away from issues within the first place. And delivers fascinating, various […]

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  • Aviva writing to clients after renewal transparency failing
    Aviva writing to clients after renewal transparency failing

    FCA evaluation led to insurer being “made conscious” of issues. Aviva is emailing clients after failing to comply with renewal transparency guidelines, Insurance coverage Age can reveal. The difficulty has stretched throughout yearly renewable basic insurance coverage merchandise, together with house and motor. The insurer admitted that on earlier renewal invitation emails it had not […]

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  • Tony Allen returns to market with NED position
    Tony Allen returns to market with NED position

    First insurance coverage place following exit from Full Cowl Group and Mulsanne. Former A&A Group and Mulsanne Insurance coverage boss Tony Allen has taken on a non-executive director position at motor dealer Clegg Gifford, Insurance coverage Age can reveal. Allen said that his expertise in non-standard motor meant he was an excellent candidate for the […]

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  • Vantage-owner NSM launches second underwriting model
    Vantage-owner NSM launches second underwriting model

    First Specialty has been set-up following NSM’s purchase of UK motor MGA Xpekt. NSM, which owns Vantage, has launched underwriting model First Specialty within the UK. The transfer follows its deal to purchase motor MGA Xpect which occurred final month. NSM detailed that First Specialty will supply a broad vary of extremely specialised and area […]

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  • Pukka strikes into personal automotive
    Pukka strikes into personal automotive

    Van MGA Pukka Insure has added personal automotive to its providing with capability offered by QIC Europe. Pukka Insure has launched personal automotive including to its present business car providing. The Gibraltar-based MGA will now underwrite personal automotive with backing from QIC Europe. In line with Pukka, which launched in 2016, its new product will […]

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  • Business eager to work with FCA following twin pricing evaluation
    Business eager to work with FCA following twin pricing evaluation

    Biba and the ABI welcome the FCA’s transfer, agreeing with the regulator that the market must work in addition to attainable for all clients. Insurance coverage commerce our bodies have welcomed the Monetary Conducts Authority’s (FCA) market research into common insurance coverage pricing, which can think about “all attainable cures” to make the market work […]

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  • FCA factors to “exceptional” insurer failings because it launches “elementary” market evaluate
    FCA factors to “exceptional” insurer failings because it launches “elementary” market evaluate

    Chris Woolard on why the regulator felt it needed to act. Monetary Conduct Authority (FCA) board member and director of technique and competitors, Chris Woolard, has admitted it discovered “lower than we might anticipate” when it investigated pricing controls at family insurers “notably taking into consideration the broader conduct guidelines in place in the intervening […]

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  • FCA calls on business to proceed work on twin pricing
    FCA calls on business to proceed work on twin pricing

    Regulator factors to guiding rules from Biba and the ABI revealed in Might this yr. The Monetary Conduct Authority (FCA) has urged the business to “proceed the work underway” round common insurance coverage pricing practices. The regulator at the moment (31 October) launched an investigation into how insurers cost house and motor clients. FCA chief government, Andrew […]

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