The annual results round this month for UK insurance companies gave little cheer to hard-pressed chief executives, especially in personal lines. Admiral’s growth went into reverse for the first time ever, DLG’s £500m profits were flattered by c.£400m of reserve releases, Esure’s shares fell 7% af...
From Insurance Age (19 March)
Brokers and experts say Budget changes could be good for business with SME growth a key measure.
The insurance sector has broadly welcomed the The Budget, outlined by George Osbourne Chancellor of the E...
Certus client The Innovation Group has launched a new report exploring the impact of technology on the home. Millions of UK homeowners are set to benefit from lower premiums as technology shakes us the market and consigns tradtional loss adjusting (at least in volume claims) to history.
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The National Fraud Authority estimated insurance fraud at £2.1 billion in 2012. It breaks down into £1.7 billion in hidden fraud loss, £392 million in organised ‘crash for cash’ fraud, and £39 million in identified insurance fraud (where claims are paid before they have been identified as fraudul...