Home insurance
FCA points to “remarkable” insurer failings as it launches “fundamental” market review
Chris Woolard on why the regulator felt it had to act.
Industry keen to work with FCA following dual pricing review
Biba and the ABI welcome the FCA's move, agreeing with the regulator that the market needs to work as well as possible for all customers.
FCA calls on industry to continue work on dual pricing
Regulator points to guiding principles from Biba and the ABI published in May this year.
FCA boss’ CEO letter warns of failures, dual pricing and risk of discrimination
Andrew Bailey sends pricing practices warning.
FCA to tackle dual pricing in general insurance market study
Chief executive highlights it will consider “all possible remedies” to make the market work for consumers.
AA reports flat home insurance premiums for Q3 2018
The cost of insuring a home “remains remarkable value for money”.
Dual pricing – the “crack cocaine” of insurance
Experts respond to the Citizens Advice super complaint.
Which? report highlights dual pricing
Survey shows dual pricing in home cover as some long term policyholders pay up to £105 more than new customers.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Profits shoot up at Hastings in the first half of 2018
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
GWP and revenue fall at Ageas UK in H1 2018
Provider also posts profit increase and an improved COR of 99%.
AA’s research finds home premiums on the rise in Q2 2018
Company flags insurer fears over subsidence claims.
L&G makes senior hires as part of broker channel investment
Simon Hird is promoted to head of broker and intermediary.
Aviva promises brokers better prices as it adds van, home and motor to Fast Trade
Insurer targeting double-digit millions of pounds through platform’s new offering.
Report suggests Amazon could expand Protect product
However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.
Huw Evans: Tackling dual pricing
The ABI’s director general writes exclusively for Insurance Age’s Insurance Cares campaign.
Home insurance may be Amazon target
Reports suggest that the tech giant has discussed how it could enter into the home insurance market.
Insurance complaints to Financial Ombudsman hold steady in 2017/18
But organisation warns over loyalty and telematics complaints.
Pukka to expand into home
CEO Sam White says new product will launch towards the end of 2018.
Ageas Q1 results "significantly hit" by bad weather
UK CEO Andy Watson says provider wants to grow in commercial lines.
One Call looks to tech to “disrupt home market”
The broker has partnered with tech provider Roost on ‘home telematics’.
Pen Underwriting reveals its largest ever “master binder” in £110m annual deal with Legal & General
L&G to lead on UK household and SME for five years.
ABI calls on FCA to use new personal lines principles when supervising firms
Biba encourages brokers to help solve the dual pricing problem.
Biba and ABI team up to tackle dual pricing in personal lines
Trade bodies state that members will give board and senior management level priority to better outcomes for long-standing customers.