Articles by Tom Luckham
Ignite targeting £50m of home premium per year by 2027
Ignite has told Insurance Post that, following its partnership with Ageas and Yoga, it’s aiming to generate £50m of home premium a year by 2027.
Percayso’s quote platform; Lloyd’s milestone; Brokerslink’s president
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Justice Committee relaunches court delay inquiry
The Justice Select Committee has announced today (21 January) that it is to reinstate its previously announced inquiry into the work of the County Court, following complaints regarding court capacity and resources.
Pet insurance premiums stabilise in Q4
Pet insurance premiums stabilised in December 2024, following a year of fluctuating pricing trends, the latest Pearson Ham Group data has shown.
IFB to launch integrated fraud database in 2026
The Insurance Fraud Bureau will launch a ‘unified fraud technology platform,’ which will integrate insurance fraud datasets into one database, in 2026.
Q&A: Shirley Woolham, Minster Law
Shirley Woolham, CEO of Minster Law, speaks to Insurance Post about the firm's return to profitability, its investment strategy, and her opinions on the Whiplash reforms.
Which? argues insurers aren’t meeting Consumer Duty requirements
Which? is calling for the Financial Conduct Authority to crack down on bad practices from insurers, following research revealing the struggles people face when choosing insurance policies.
War and extreme weather top global risk ranking
State-based armed conflict has topped the World Economic Forum’s list of short-term risks, while extreme weather events dominate landed the long term top spot.
Pothole breakdowns up by fifth in Q4
Pothole-related breakdowns increased by 17% in Q4 2024 compared to Q3, according to breakdown data from the RAC’s Pothole Index.
Urban Jungle expands to offer travel insurance
Urban Jungle has launched a travel insurance offering, claiming to be the “first UK insurtech” to offer both home and travel policies.
Insurethebox ceases offering renewals or policies
Insurance Post has learned that Insurethebox, a telematics brand within Aioi Nissay Dowa, has informed existing customers that their policies will not be renewed.
DLG launches scheme to raise vehicle repair standards
Direct Line Group has launched a Vehicle Damage Assessor accreditation programme, recognised by the Institute of the Motor Industry.
Regulator aims to make it easier for insurers to invest
The Prudential Regulation Authority is proposing to make it easier for insurers to invest within their matching adjustment portfolios, according to CEO Sam Woods.
Extent of hollowing out of travel insurance uncovered
Almost nine out of 10 (88%) of travel insurance products no longer provide cover for scheduled airline failure, data from Defaqto has revealed..
Half of businesses have reported incidents with lithium batteries
A survey conducted by Aviva has revealed the proportion of firms that have experienced incidents involving devices that contain lithium-ion batteries.
Could the Aviva-DLG deal spark a personal lines M&A boom in 2025?
With Aviva and Direct Line Group’s £3.7bn merger looking like a done-deal, Insurance Post ponders what rivals could be thinking. Could 2025 be the year of a personal lines M&A boom?
MIB expands use of digital green cards
From 2025, all countries that make up the green card system will be required to accept Green Cards electronically as proof of insurance when travelling.
CMA writes to Somerset Bridge and DLG over NCB breaches
The Competition and Markets Authority has written to Somerset Bridge and Direct Line Group separately over a series of breaches regarding no claims bonuses.
Court ruling tightens exceptions on credit hire claims
A ruling on a credit hire case brought by HF and Admiral, sets out a tighter expectation on providing evidence of potential losses.
'No current plans' for travel claims database, says MIB
The Motor Insurers’ Bureau has told Insurance Post that it has “no current plans” to develop a travel equivalent of the claims and underwriting exchange, despite industry-wide calls.
Direct Line catches scheming sisters over £450k fraud
Two sisters entered a guilty plea to the charge of contempt of court, following an attempt to defraud Direct Line Group in a crash-for-cash scheme.
Motor insurers set for widespread profit in 2024
EY has predicted the UK motor insurance market will return to profitability in 2024 following two years of losses, but that profitability will be short-lived..
Does Aviva’s move for DLG clear the path for Ageas to land Esure?
Following the news that Direct Line Group looks set to accept Aviva's £3.6bn takeover bid, Tom Luckham asks: What does this mean for the race to acquire Esure?
AA raises concerns about comprehensive motor cover
The AA has called for comprehensive motor insurance policies that do not include windscreen cover to be renamed in order to avoid complaints from consumers that policies fall short of their expectations.