UK home insurance prices set to jump after dire year for underwriters and claims
‘Swings in weather, high inflation, and strained supply chains all combined to drive up home insurers’ losses last year. The sector...
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The dangers of ‘Static vs Continuously updating risk factors’ using car theft examples
A black Ford built between five and eight years ago and parked in Birmingham looks to top the list according to data from Tesco Insurance...
Lloyd’s of London warns insurers climate-related pain is still to come
At a private event last month, one executive at the corporation that oversees the market told underwriters that it has not yet seen clear...
Toyota Will Adopt Tesla-Style Cast Bodies That Might Be Impossible to Fix
2023 and some insurers have declined to renew policies for electric vehicles (EV). The reason given is that they need more accurate data...
Saints & Sinners - proving effective AI use cases in insurance
The sheer volume of hype about GenerativeAI, LLMs, ChatGPT for industry-wide transformation and smaller projects is overwhelming. Saints...
Customer service is getting worse
I really enjoy reading the bestselling espionage novels by Alex Gerlis so his experience renewing his insurance caught my eye recently.
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