Pricing
267 whitepapers and resources
Pricing
Why poor data analysis is holding back the London market
Lack of trust in the use of data-driven methods among most London Market underwriters is “the elephant in the room for any competitive insurer”. This article looks at why it’s high time the market addresses this issue.
Podcast: Scanning the horizon for connected and complex risks
How insurers are scanning the horizon, spotting risks, and pricing services and products appropriately in an increasingly complex, interconnected world is the topic of the latest Insurance Post Podcast. Listen to this podcast to find out more.
What pushed up the price of EV premiums?
Analysts say insurance claims costs are 25% higher for electric cars, and that they also take about 14% longer to repair than a diesel or petrol equivalent. This article explains what pushed up electric vehicle motor insurance premiums plus what it will take to make cover more affordable again.
Whose role is it anyway? Helping consumers with the lasting impact of the cost of living crisis
68% of Europeans think insurance premiums are excessively high, highlighting the importance for many to access affordable products. This content sheds light on CRIF’s latest research and how open banking unlocks data for insurers to better assess risk and provide more competitive policy premiums.
Four ways to boost motor insurers' profits
Insurance Post gathered a group of personal lines experts to discuss what it will take to make motor insurance more profitable for providers and appreciated by policyholders. This article provides a summary of the roundtable discussion.
AI insights unveiled: UK insurance leaders navigate the 2024 regulatory maze
Mind Foundry hosted workshops at the Insurance Post AI Summit to explore AI usage, challenges, and collaboration in the insurance sector. This report shares insights from nearly 40 UK insurance leaders in claims, fraud, pricing, and data science, guiding you to navigate the AI landscape effectively.
Dogflation: Understanding its impact on pet insurance affordability
In 2023, the UK recorded 12 million dogs as pets. The rising cost of owning a dog, dubbed “dogflation”, highlights the increasing expenses of pet care. This article examines the impact of dogflation on the pet insurance industry and how insurers can offer competitive premiums to attract and retain…
Tackling turbulence for pet insurers
Pet insurance premiums remain approximately 20% higher than 12 months ago, whilst pet insurers are also facing regulatory scrutiny. In this article, Sara Costantini, CRIF’s regional director for the UK and Ireland highlights how pet insurers can navigate challenging market conditions.
State of the pet insurance market revealed
The number of pet insurance providers has fallen with fewer insurance brands selling cat and dog insurance cover than there were 10 years ago. While the overall number of pet insurance providers has been decreasing, this article explores how the number of policies available has risen significantly.
Why customer satisfaction in general insurance is plummeting
The article looks into the latest Institute of Customer Service report, in which customer satisfaction in general insurance providers over the last 12 months has plummeted at the fastest rate since 2008.