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Industry Blog

Paul Thompson CEO Cavere Group comments on current issues facing the industry

Buck the trend in 2020

Paul Thompson, CEO Cavere Group, writes a regular column in Mortgage Introducer Magazine. January 2020 EY recently wrote in the FT that home insurance is set to make underwriting losses in 2020.  EY forecasts that the combined ratio – claims and costs as a proportion of premium income – will worsen to 102%.  The report […]

Let’s start banging the Flood Re drum

Paul Thompson, CEO Cavere Group, writes a regular column in Mortgage Introducer Magazine. January 2020 Flooding in Fishlake, the most recent in a series of major floods to hit the UK in recent years, has once again raised questions over protection, financial cover against flooding, and FloodRe eligibility. So let’s get to the point and […]

MoneySupermarket Says Home Insurance Premiums are up 25%, is this the beginning of the end for comparison site introductory offers?

Paul Thompson, CEO Cavere Group, writes a regular column in Mortgage Introducer Magazine. December 2019 Research by comparison site MoneySupermarket claims that home insurance policy costs have increased by 25% over the last three years, with average premiums rising by 13% in the last 12 months alone. I had to take a second look when […]

Vulnerable Customers – a point of differentiation for intermediaries

Paul Thompson, CEO Cavere Group, writes a regular column in Mortgage Introducer Magazine. December 2019 If aggregators are not as competitive on price they lose their unique selling point.  Whilst on the surface of it feels like the FCA is encouraging consumers to shop around even more, the unintended consequence is likely to very different. […]