Claims – Page 101
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NewsFlock selected as software firm’s connected insurance partner
The insurtech will create a flexible insurance offering for the software firm’s AI-piloted drone fleet
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News AnalysisBriefing: It’s been a bad week for insurers, but lose the FCA test case and things could get a lot worse
Not only could insurers be found liable for claims, they may also be forced to pay interest and subsequent claims for businesses that have gone under as a result of the delay in business interruption payments
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NewsInsurtech honcho partners with employee benefits provider
Insurtech honcho has partnered with an employee benefits provider to offer its car insurance service to workers across the UK.
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NewsBrit’s syndicate Ki taps former Marsh JLT Specialty veteran as new managing director
Brit’s follow-only digital Lloyd’s of London syndicate named Ki has appointed Dan Hearsum as its managing director.
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NewsWPS launches ‘telematics for cyber insurance’
The Cyban App allows insurers to base a premium on the actual risk facing a company’s network, removing any reliance on outdated questionnaires
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Online onlyBriefing: The current BI legal fight is a very ugly look for insurers
Even if they win, the optics of insurers battling their customers in court will harm the industry
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News AnalysisQuantum questions to follow FCA test case
If the High Court rules that insurers are liable for their policyholders’ Covid-19 business interruption losses, then agreeing quantum for specific claims amid a myriad of coronavirus-related factors will be insurers’ next hurdle
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People & OpinionBlog: How robots can make us more human– RSM’s Ian Gill
RSM’s associate director Ian Gill discusses how businesses in the insurance industry can thrive post-lockdown and the benefits of using robotic process automation
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NewsEcclesiastical urges brokers to advise clients on smartphone cyber risks
Ecclesiastical is encouraging brokers to speak to clients about cyber risks after its survey found that smartphone security complacency could open up devices as a target for criminals.
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NewsMore to do for insurance industry analytics with changing risk landscape – Guidewire
The London Market has been focusing on leveraging analytics to improve processes in the specialised risk marketplace – but how far has the insurance industry really come?
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NewsNumber of cases registered to government’s compensation recovery unit falls by 33,104
UK is not in the grip of ‘rampant compensation culture’ as registered cases drop between 2018-2019 and 2019-2020
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NewsAnalytics should focus on closing the insurance protection gap – Guidewire
Closing the insurance protection gap should be the focus of analytics over the next five years according to Guidewire Software’s webinar on 14 July ‘Leading through change with analytics’.
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NewsTechnology Champion of the Year 2020 – who gets your vote?
Voting is now open for this nomination only award until the 31 August - details for the Insurance Times Technology and Innovation Awards 2020 ceremony will be announced shortly
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NewsInsurtech Coverly to close
Pay-as-you-go MGA startup Coverly is no longer offering small business insurance and will be closing.
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News AnalysisBroker schemes susceptible to Covid claims fallout
Although broker scheme policy wordings are typically the result of broker and insurer collaboration, industry voices believe schemes could be ‘possibly more exposed’ to Covid-19-related BI claims ‘purely because some of the wordings may not have received the usual insurer level of scrutiny’
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NewsNew aggregator app aims to cut broker admin costs
YourBlock will allow consumers to access all their different financial products from one platform, without the need for all their personal information to be shared with the insurer
