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FCA Action on Pricing May Cause Legacy Systems Headache for Insurers

13 January 2020 // 0 Comments

The recent letter sent by the FCA to insurers regarding their portfolio of products, how customers make buying decisions and the crucial issue of pricing for loyal customers [...]

Bank Branch Closures Are Bad News for Insurers Too, Not Everyone is Online

28 November 2019 // 0 Comments

The recent news that High Street banks are continuing to close branches and do away with paper statements is a blow to those who still have no internet access in the UK, or [...]

FCA Report on Insurance Pricing – Where is The Loyalty Bonus?

4 October 2019 // 0 Comments

The FCA has today published the interim report of its market study into the pricing of home and motor insurance. The FCA found that competition is not working well for all [...]

Latest Insurance Fraud Stats UK: IFB Reaction & Insights

28 August 2019 // 0 Comments

Here is some reaction and extra comment in response to the ABI stats on insurance fraud over the last year, from the IFB’s Director, Ben Fletcher; “Improved [...]

Opinion: No Excuse for Insurers to Take 20+ Days to Pay On Claims

31 July 2019 // 0 Comments

In this Opinion piece, Angus McDonald, Co-Founder and CEO of insurtech company Cover Genius, the parent company of XCover, looks at how quicker payments are an absolute [...]

ACSO Reaction to ABI Premium Tracker Announcement

29 July 2019 // 0 Comments

Matthew Maxwell Scott, executive director of ACSO, has criticised the ABI after the trade body issued its latest premium tracker today (29 July). He said: “The [...]

ABI Reaction to Cabinet Reshuffle

25 July 2019 // 0 Comments

Welcoming Sajid Javid’s appointment as Chancellor, Director General of the Association of British Insurers, Huw Evans, said: “I worked closely with Sajid Javid in the [...]

Marine Insurance Costs Set to Rise as Persian Gulf Drama Plays Out

21 July 2019 // 0 Comments

Jonathan Moss, head of transport and marine at global legal business, DWF, comments on the seizure of the British vessel in the Persian Gulf and the subsequent impact on [...]