Claims – Page 112
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NewsDirect Line and Aviva halt travel insurance sales
Coronavirus has seen an explosion in demand for travel policies
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NewsWrisk closes contents insurance offering
The company’s principles, mission and vision remain the same, but the channel through which it delivers these goals is ‘evolving’ says chief exec
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NewsBudget 2020: Record flood investment, but no action on IPT
This includes £120m to repair damage caused by last month’s Ciara and Dennis
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NewsCoronavirus: RSA to assess business interruption claims on a case-by-case basis
The firm operates a ‘wider definition’ of specified diseases, so coronavirus impacts may be insured depending on policy wordings and policyholder circumstances
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IT InterviewTake part now: Insurance Times’s broker survey on MGA service
The Insurance Times MGA Survey is now open to brokers nationwide
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NewsLV= says it is ‘operating at a different level’ as it gains star in 2019’s five-star rating report
The insurer gained an overall three-star rating this year to rank fifth in Insurance Times’s personal lines ratings table
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NewsHigh-profile data breaches pushes cyber insurance up agenda
More needs to be done by large corporates to ensure that client and customer data is protected
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NewsAgeas combines salvage and green parts operations
The insurer’s year-long pilot saw the firm use 4,926 green car parts for repairs
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NewsGuy Carpenter partners with Charles Taylor InsureTech on future proofing proposition
It will mean greater operational efficiencies and cost savings for Guy Carpenter
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NewsInsurers and fleet operators offered supply chain continuity support amid coronavirus outbreak
It has access to 3 million quality tested, warranty assured reclaimed parts to support the vehicle repair market
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NewsFraudster pleads guilty after CCTV thwarts fake personal injury claim
If successful, the Welsh claimant would have fraudulently received a £6,680 pay out
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NewsSmaller investments and new technologies continuing to drive M&A
As insurers prepare for post-Brexit operations law firm Clyde and Co notices some trends in deals in the UK and Europe
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NewsLloyd’s syndicate partners with cryptocurrency broker to protect online wallets
Insurers TMK and Markel have also backed the new liability policy
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FeaturesGreen parts market gains traction for accident repairs
The use of recycled car parts for repair may be in its infancy, but industry voices predict a boost in business to meet consumer demands
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News AnalysisDirect Line aims to reduce expense ratio amid business transformation
Despite a challenging motor market post-Ogden the insurer is pushing forward with digital transformation and is “well prepared” for Coronavirus claims
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NewsCoronavirus fears trigger travel insurance sales boom
But a surge in travel policies brings added risks as well as opportunities for insurers
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NewsAviva to invest in digitalising broker channels
The insurer’s UK chief executive confirms that ‘we want to invest in those relationships’
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NewsCoronavirus not covered under standard business interruption policies says Aviva
The insurer’s chief executive said its policies provide ‘minimum coverage’ in terms of listed diseases within BI policy wordings
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NewsAdmiral’s ‘profit over growth’ strategy triumphs in cyclical car insurance market
A return to normal levels of damage inflation suggests better times ahead for some motor insurers
