Claims Analysis
Opinion: Will brokers end up as the BI fall guys?
Outcome of FCA business interruption test case eagerly awaited
FCA test case could be death knell for brokers’ PI cover if insurers win
Industry voices fear the fallout of the regulator’s test case on the broker PI market, predicting that it could become ‘a backstop for the entire business interruption industry’
Insurance industry backs government’s flood investment plans in fight against climate change
The insurance industry has commended the Department for Environment, Food and Rural Affair’s (DEFRA) record investment £5.2bn as it sets out long-term plans to mitigate flood risks against the backdrop of climate change. Many agree that a common goal must be established to reduce the damage caused by flooding.
HNW Focus: HNW capacity enjoys ‘resurgence’ despite economic Covid constraints
Although the Covid-19 pandemic has caused an economic recession across most industry sectors, the high net worth market is surprisingly buoyant. Insurance Times explores the key capacity trends within this sector.
HNW Focus: How can high net worth providers prove their value under current conditions?
The high net worth market has a distinct USP of providing a specialist service with a personal touch - but as Covid-19 causes face-to-face interaction to dwindle while digital communications take the reins, is the sector therefore suffering? Industry experts share their views
The Big Question July/August 2020: What lines of business will harden or be most exposed following Covid-19?
In Insurance Times’s July/August 2020 issue, we ask the insurance market which business lines they thought might harden and which might be the most exposed following the coronavirus crisis.
Coronavirus: B&B owner faces ‘timebomb of debt’ after BI claim rejected by AXA
The results from the FCA’s test case could come too late to save struggling SMEs that are facing daily financial hardship as a result of the Covid-19 pandemic. Insurance Times hears from Stamford House Bed and Breakfast about its claims experience and fears for the future
Local Leicester lockdown could prove ‘difficult for insurers’ defending rejected BI claims
Business interruption policies triggered by Covid cases at the insured premises, or within a defined radius, may come under closer scrutiny as city-centric lockdown confirms the local impact of the pandemic
Briefing: The sorry (but unsurprising) tale of Gefion’s collapse
Solvency and liquidity issues have dogged the unrated Danish insurer for years, but brokers will be hoping that early regulatory intervention will have saved them a lot of pain as the insurer’s collapse continues to unfold
Financially stressed policyholders are a ‘moral hazard’ leading to increased claims
Insurance Times explores the correlation between policyholders’ financial stress and their propensity to make claims - here, we explain what insurers can do to recognise and aid these vulnerable customers…
Travel insurers are ‘obviously only dealing with squeaky wheels’ says Aquarium Software
Q&A: Working from home and financial hardship creates ‘perfect storm’ for fraudulent claims says Horwich Farrelly
Briefing: Could brokers be next in-line for the Covid-19 BI scandal?
Traditional insurance does not have ’much shelf life left’, says Pukka’s Sam White
Law firms create interfaces for delayed LiP portal as its deemed ‘too complicated’
Q&A: Brokers understand customers who ‘don’t fit the standard box’ says ThingCo chief exec
Insurers re-setting HNW boundaries to take advantage of higher premiums and margins
MGA Q&A: ‘Much of what sets us apart is not provided by the broader market’ says Nexus Underwriting
Win or lose, the FCA test case on BI claims will not be good for insurers
Pandemic insurance set to become ‘mainstream’ following Covid-19 outbreak
Etrading Q&A: Insurance needs to digitally keep pace with other business sectors says Applied System’s Fairchild
Coronavirus: Skincare salon misled by insurer over rejected BI claim
MGA Q&A: Brokers need to fully know their capacity partners says Markerstudy
Briefing: Will insurers be able to repair their tarnished reputations?
Briefing: Hiscox’s brand is hurting, so why doesn’t it pay the claims?
Claims News
Motor premiums fall, but Covid-19 claims uncertainty remains
Pricing for the new normal that will emerge post-coronavirus will be difficult for insurers to navigate, says Willis Towers Watson
Lemonade enters pet health insurance market
US-based insurtech Lemonade has entered the pet health insurance market following its move to file for an IPO.
Claims Excellence Awards Finalist 2020 Q&A: Sedgwick shows compassion to vulnerable customers
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
Claims Excellence Awards Finalist 2020 Q&A: Clegg Gifford cuts claims leakage from 10% to 2%
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
