Regulation Analysis
Coronavirus ‘social distancing’ measures hits gig economy as service demands rise
As the UK goes into lockdown to mitigate the spread of the coronavirus, the insurtech industry has responded to support gig economy workers
What are the insurance implications for coronavirus-related nursery closures?
PIB Group says ‘insurer exposure could mount up fast’ as vast numbers of nurseries close their doors during the Covid-19 outbreak
Working from home hard to implement for some businesses during Covid-19
In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff
Brokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
Leaders should be ‘fearful’ of SMCR regime, says KPMG director
Behaviour and culture should be a key focus for industry leaders as recent regulation indicates that insurers are not doing enough
Covid-19 boosts opportunistic insurance fraud, says BAE Systems
The firm’s counter fraud director believes fraudulent claims will ‘slip through the net’ amid the current public health and hygiene focus
How is coronavirus impacting key business sectors?
Covid-19 is leaving an unstoppable imprint across global businesses – Insurance Times reviews the current lay of the land in the industry sectors most affected
Non-financial misconduct: Is the insurance industry proactively calling out bad behaviour?
Following the FCA’s ‘Dear CEO’ letter, is the insurance industry doing enough to create a culture of ”openness and honesty” - or is there more to be done?
What does Aon’s purchase of Willis Towers Watson mean for brokers?
Industry voices fear that consolidation between two of the UK’s largest brokers will lead to a ‘stagnating’ market and ‘significant change’ of the sector as we know it
Coronavirus: will ‘notifiable disease’ status be a game-changer for insurance?
Being a notifiable disease means cases have to be reported to the relevant authorities by law
Proposed premium finance commission rules – what does it mean for brokers?
Kennedys launches tool aimed at allowing insurance clients to self-serve claims
Open Insurance – the initiative that could change the market
Storm Ciara sees claims surge
FCA’s pre-existing medical conditions signposting rules: What does it mean for the industry?
The growing complexity of Lenders Finance Agreements: What do brokers need to know?
Voice-assisted technology – an untapped area for brokers, but how do you underwrite it?
Fixing dual pricing could lead to ‘whack-a-mole’ problems, says Aviva
Commercial property market needs to ‘manage claims costs’
Whirlpool washing machine recall poses claims threat due to lengthy logistics
Waste worries local authorities as Brexit looms
Claims culture hampers Irish sports clubs from obtaining public liability cover
City insurers brace as opioid crisis unravels
Anaphylactic shock triggers reaction in restaurants’ public liability cover
D&O market has to fight impulse for broad brush increases
Regulation News
Under-fire insurers call on government for debate over pandemic BI solution
ABI responds fully after powerful MP body ask questions over handling on coronavirus
Law firm fears detrimental impact of potential discount rate change in Northern Ireland
The personal injury discount rate in Northern Ireland currently stands at 2.5%
Lloyd’s board grants Blenheim Underwriting approval to establish new MGA
The company now plans to apply for regulatory approvals
Treasury Select Committee chair questions ABI on how sector is responding to Covid-19
Rt Hon. Mel Stride MP says ‘many will be looking to their insurer for both flexibility and assurance’
