News

Car Premium Hikes Require a Clear Explanation on Claims From Insurers

Everyone in the industry knows that car premiums have increased rapidly over the last 12 months. The ABI is making overtures to UK Chancellor Jeremy Hunt to reduce the level of IPT which might alleviate […]

Motor Insurance

Lancaster Offers Specialist Mazda MX-5 Insurance Scheme

Many early Mazda MX-5 models are now considered classics and the later versions offer fun performance and that unbeatable top-down motoring experience. If you’re looking for insurance cover on your MX-5 then Lancaster has a […]

News

Home Insurance Premiums Are on The Rise

Some premium rates research from Consumer Intelligence; The average quoted price of home insurance rose by 25.7% in the past year – the highest annual increase on record, the latest Consumer Intelligence Home Insurance Price […]

Insurance claims

SME Sector is Borrowing To Fund Insurance Premiums

Latest research from Premium Credit on business borrowing trends; New analysis from the UK’s leading insurance premium finance company, Premium Credit, shows the Construction sector borrows the most to fund insurance but the Professional and […]

Global insurance trends

Commercial Rates Are Creeping Up, Says Marsh

Global commercial insurance prices increased 3% in the second quarter of 2023 (down from a 4% increase in Q1), according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk […]

Insurance claims

Pet Data is Good, Especially When You Can Go Granular

Pet Score from CRIF enables insurers to better assess the risk associated with pet insurance policies based on geographic location at a micro level.  Integrating this new, additional data into the premium pricing process at […]

Global insurance trends

GlobalData Report Looks at Singapore Property Sector

The latest report from GlobalData looks at Property insurance in Singapore. Singapore property insurers are expected to remain profitable in 2023 due to disciplined underwriting, adequate reinsurance coverage, and growing premiums from compulsory fire insurance, […]