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Admiral becomes first UK provider to offer pandemic rebate

The business is to return £110m to car and van customers as part of Stay At Home Refunds as it becomes first to bow to pressure to give back as policyholders use vehicles less.




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Covid-19: Measures to maintain personal injury claims process launched

The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.




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Covid-19: QBE latest provider facing legal action after denying BI claims

Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.




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News analysis: Industry under pressure as backlash over business interruption continues

Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight




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Covid-19: FCA urges firms to consider premium reductions and payment holidays

The regulator issued a raft of measures today (1 May) for how financial services firms should behave while coronavirus grips the nation.




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LV offers premium refunds of between £20 - £50 to motor customers

The proportional refunds for customers in distress follows Admiral's flat £25 payment but broker customers are not included in the £30m LV has set aside for rebates.




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Covid-19: Product value under FCA microscope

Providers urged to consider how value of products has changed as customers alter behaviours during coronavirus with product refunds proposed.




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Home premiums stable in Q1 2017 according to AA Index

However premiums are set to go up and will also be hit by a 2% IPT increase from June this year.




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Sentiment survey Spring 2017: The results

Discount rate cuts, regulation changes, FCA warnings and failing unrated providers were among the hot topics we quizzed brokers on in the latest Sentiment Survey.




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The stats: June 2017 - The Acturis Premium Index

The Acturis Premium Index for the first quarter of the year has once again painted a bleak picture of significantly decreasing commercial insurance premiums.




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The stats: September 2017 - The Acturis Premium Index

Ups and downs in the Acturis Premium Index for the second quarter of 2017




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Car premiums drop in third quarter 2017

Research by the AA shows first decline since Q1 2016.




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The stats: December 2017 - The Acturis Premium Index

The third quarter saw notable increases in the Acturis stats, both by size of average premium and the number of lines rising




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Car insurance premiums rose 8% in 2017

Research finds that premiums actually fell in final quarter of the year.




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Home insurance premiums rise 5% in 2017

Research by the AA finds yearly increases in buildings, contents and combined policies.




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Broking profits soar at Gallagher in 2017

Consolidator reveals rising revenue for the final quarter and full year.




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The stats: March 2018 - The Acturis Premium Index

The Acturis stats show that brokers finished 2017 with their best quarter for over four years




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Car insurance premiums fall for third quarter in a row

Research reveals prices now lower than a year ago.




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Car premiums dropped in Q1 2018, AA Insurance Index shows

Reduction means insurance costs are now lower than a year ago.




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The stats: June 2018 - The Acturis Premium Index

The first set of Acturis stats for 2018 have surprised and in some cases disappointed the market




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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”.




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Car premiums fell in second quarter 2018, says AA

Average prices have dropped by more than 10% in a year.




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AA’s research finds home premiums on the rise in Q2 2018

Company flags insurer fears over subsidence claims.




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The stats: September 2018 - The Acturis Premium Index

The market has turned positive in all but one line, according to the latest set of Acturis stats




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Car premiums continue to drop in Q3 2018 according to AA

Customers benefiting from 10% yearly fall.




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AA reports flat home insurance premiums for Q3 2018

The cost of insuring a home “remains remarkable value for money”.




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The stats: December 2018 - The Acturis Premium Index

The stats for the third quarter of 2018 presented a mixed bag, with some star showings when compared to quarter three of 2017




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Home insurance premiums continue to creep up in Q4 2018

Analysis by The AA reveals quarterly and yearly increases.




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AA reports first rise in car premiums for nearly two years

Figures for Q4 2018 show 2.7% uptick.




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Gallagher profits surge again in 2018

Group revenue rises by 11% in the year.




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The stats: March 2019 - The Acturis Premium Index

The latest stats show that 2018 was a flat year for insurance premiums although some lines have bucked the trend with modest increases




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The stats: June 2019 - The Acturis Premium Index

The first quarter of 2019 has seen positive premium movements across the board with packages as the only exception




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Rise in motor insurance prices last quarter

Data gathered by the ABI finds repair costs climb to £1.2bn in Q1 2019, the highest since the ABI started the survey.




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Van insurance premiums shoot up

The sector continued to display big pricing disparities across age groups and experts warn Ogden will increase market volatility.




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The stats: September 2019 - The Acturis Premium Index




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Car insurance premiums dip in Q3

Research by Willis Towers Watson and Confused.com also shows continuing fluctuations in average premiums.




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The stats: December 2019 - The Acturis Premium Index

The third quarter of 2019 brought year-on-year premium growth in all classes of commercial business but one, according to the latest set of data provided by Acturis.




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Motor premiums may ‘reach the highest on record’

Willis Towers Watson and Confused warn of future increases as they publish data for Q4 2019.




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The stats: March 2020 - The Acturis Premium Index

As 2019 closed, the Acturis commercial broking index equalled its base line of Q1 2010, representing a quarter of heavy increases in premiums over the year before




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Motor premiums rise 2.8% in Q1

Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.




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Covid-19: Broker M&A numbers predicted to drop

But the consolidators say their models have not changed as a result of the coronavirus.




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Lloyd’s pulls together BI data for PRA – reports

The marketplace has been asked to collate insurer BI cover information for the regulator.




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Hiscox Action Group appoints big-hitting legal firm to represent members in BI row

The group of companies criticising Hiscox for refusing to pay out BI claims as a result of the coronavirus says it is also in "advanced talks" with a litigation funder to underwrite its entire legal costs as dispute hots up.




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Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how the insurance industry let the narrative over business interruption become national headlines for the wrong reasons.




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Covid-19: Hiscox BI pressure groups join forces

Hiscox Action Group and the Night Time Industries Association, representing more than 500 businesses, have agreed to work together to challenge Hiscox’s business interruption stance.




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Product review: Proper property

Chris Howell, managing director at Seaway Insurance Consultants, reviews U-sure's Residential Property Owners product




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Acturis unveils first SME cyber add-on product

The provider has added HSB Engineering’s offering to its portfolio.




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CLS launches public procurement indemnity policy

CLS claims the policy will help open up a new market to brokers.




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Customer loyalty programme launches for brokers

Proposition from Stubben Edge will enable brokers to offer customers loyalty rewards and has partners including Halfords and Vision Express.




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Experts urge pet providers to turn to social media

A GlobalData report suggested that engaging with pet influencers on Instagram and Facebook could benefit insurers and brokers.