News

Post Office & Ageas Offer Streamlined Home Insurance Product

Post Office Insurance and Ageas have agreed a new five year partnership to offer a range of home insurance products to new and existing customers. These have been designed to offer Post Office customers a […]

Insurance Regulation

FCA Mulling Over AI Policy Writing, Loyalty Penalty at Renewal Time

The FCA has published an update on its key areas of interest as regards new rules and regulations, one of which is insurance renewals. Action is still likely on the `loyalty penalty’ issue, although nobody […]

Opinion

Opinion: Rebuilding After Bushfires Takes More Than Insurance Payouts

In this latest Opinion piece, Paula Jarzabkowski takes a look at the long term impact of the bushfires in Australia, and tries to figure out ways to rebuild communities, not just pay out hard cash. […]

Conference report

BIBA & ABI Comment on FCA Signposting for Travel Insurance Consumers

The FCA has been looking at the regulations surrounding the sale of insurance to those travellers who have pre-existing medical conditions, plus any extra charges, or limits on cover, for holidaymakers aged 65 plus. Here’s […]

Insurance & Reinsurance

FCA Action on Pricing May Cause Legacy Systems Headache for Insurers

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 renewing policies, when compared to rates offered […]

Opinion

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

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 simply prefer […]

Insurance Regulation

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

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 consumers in these markets. It sets out […]

News

Latest Insurance Fraud Stats UK: IFB Reaction & Insights

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 reporting and easy access to shared intelligence are helping […]