Underinsurance
Allianz hails mini-fleet progress as NCD conversion returns to Acturis
Allianz will be rolling out mini-fleet through Bravo Digital Trader next year, Insurance Age can reveal, following on from reinstalling an NCD conversion service on Acturis via imarket business this month.
Aviva’s Martin on utilising data to prevent underinsurance and free up broker’s time
A host of new technology developments are “coming down the track” at Aviva that will enable the insurer to utilise data better to spot opportunities, prevent underinsurance and free up broker’s time, according to David Martin, MD for UK commercial lines…
Aviva to double automatic business interruption indemnity period to 24 months
Aviva is set to double its automatic business interruption indemnity period to 24 months, in what it claims is a UK market first to tackle underinsurance, Insurance Age can reveal.
UK Broker Awards winners 2025: Lickens, AllClear, Everywhen and Insuretec.com among those crowned
AllClear scooped the Broker of the Year award, and Clear Group executive chairman Howard Lickens won the Achievement Award, at the UK Broker Awards last night in Birmingham.
Research finds only 7% of UK properties correctly insured
RebuildCostASSESSMENT.com has reported only 7% of UK properties are insured accurately with 70% of properties underinsured and 23% overinsured.
Brokers the primary line of defence against underinsurance – Consumer Intelligence
Brokers are the “primary line” of defence against underinsurance, with technology implementation strategic to automate low-value tasks and free up time for client education, according to a report by Consumer Intelligence exclusively revealed by Insurance…
Blog: Insurance isn’t keeping up with energy upgrades
Energy retrofits are widening the underinsurance gap - and brokers have a role to play in closing it, asserts Sharon Masters, surveyor and technical lead at RebuildCostASSESSMENT.com
Broker Expo 2025 Countdown: Recorder’s Matt Hicks
As we count down to Broker Expo in October, we caught up with Matt Hicks, co-founder of Recorder, who gives a preview of its product clinic at the event, and asserts the shift away from broad, catch-all generic products is a gift for intermediaries – but…
AI-native broker Meshed’s mission is to eradicate the ‘blight’ of underinsurance
Mark Costello, CEO of artificial intelligence insurance broker Meshed, looks to tackle underinsurance by integrating AI with customers’ back offices, and to improve the sector’s reputation through speed, transparency and a flat 10% commission rate.
Allianz enhances QuoteSME platform with customer insight tool
Allianz has upgraded its QuoteSME e-trading platform with the launch of a new tool called Smart Broker Brief alongside a number of enhancements.
Brokers voice mounting underinsurance worries in non-standard market
A survey by Prestige Underwriting has revealed an uptick among brokers concerned about non-standard customers risking underinsurance.
UK Broker Awards 2025 shortlist revealed
Today Insurance Age can reveal the shortlist for the 2025 UK Broker Awards.
Cowens looks for growth in challenging market
Mark Wilson, managing director of Cowens, has targeted 15% growth in the next year but highlighted the soft market and wider economy challenges, with acquisitions not ruled out.
Allianz warns SMEs of the risk of underinsurance in summer
Allianz has warned of the “genuine risk of underinsurance” as it found 34% of SMEs don’t adapt their insurance levels to accommodate fluctuations in seasonality.
Underinsurance concerns remain high despite slight easing – Aviva research
Aviva’s latest Broker Barometer has revealed 68% of brokers believe clients may be underinsured which while still high has eased slightly.
MGA aims to ‘mitigate underinsurance’ with Lloyd’s-backed product
Aurora, the specialist algorithmic managing general agent, has launched a new property owners’ insurance product.
2025 UK Broker Awards open for entries, and it’s simpler than ever to get involved
The 2025 UK Broker Awards are open for entries, with a new process that makes it simpler for firms to put themselves forward to be in with a chance of winning.
Q&A: Criterion managing director Helena Evans
Loss-adjusting boss Helena Evans outlines the latest trends her firm is seeing among high-net-worth customers, assesses the continued prevalence of underinsurance, and suggests how brokers can help combat fraud.
In Depth: Risk-first broking – unlocking better terms through risk insights
To win out in the future brokers need to evolve from being insurance policy facilitators to proactive risk managers. Alan Sumner, risk management director, general insurance broking at Ardonagh Advisory, explains.
Blog: A premium finance cap might be the only end game to stop greedy profiteering
A cap on premium finance is needed to prevent overcharging, although a balance needs to be struck between offering fair value and guaranteeing a market exists to offer these products, writes Rosie Simms.
Review of the Year 2024: Commercial Express’s Duncan Pritchard
Duncan Pritchard, managing director of Commercial Express would like to leave the term underinsurance behind in 2024, reflects on the amount of time he spent trying to get Oasis tickets, and why it would make perfect sense to appear on TV’s Survivor.