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Claims Analysis

closed restaurant

Opinion: Will brokers end up as the BI fall guys?

Outcome of FCA business interruption test case eagerly awaited

financial loss, coronavirus

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’

flood buoy house

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.

capacity, pound coins

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.