Claims – Page 113
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NewsAllianz facing group action over business interruption claims
Other insurers such as Hiscox have also been in the business interruption firing line recently
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FeaturesHow is the motor insurance supply chain impacted by the Covid-19 lockdown?
Insurance Times investigates how the ongoing coronavirus pandemic is affecting motor supply chains and the subsequent claims process for motor insurers and customers
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NewsTokio Marine taps Tractable’s AI auto damage solution
The insurtech has been working with Tokio Marine since 2018
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NewsWide area damage test could be insurers’ ace for refusing coronavirus BI claims
Professional services firm Marsh explores whether this argument could ‘extinguish Covid-19 claims recovery’
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NewsBought by Many unveils £78.4m growth equity investment bolstering further expansion plans
The financing will help the insurtech grow internationally
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NewsDirect Line subsidiary sues IBM for £36m over ‘serious and fundamental’ IT blunder
The insurer paid IBM £10.2m, and IBM allegedly spent £25.7m on third parties and internal staff costs
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NewsData analytics firm predicts 0.4% rise in motor insurance GWP despite lockdown regime
The firm adds that Admiral’s premium refund initiative is ‘an influential move’
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News AnalysisBI coronavirus payouts could spell commission clawback worry for brokers
Some obstacles brokers face as they navigate the Covid-19 crisis could have a detrimental effect on their survival
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NewsSJL Insurance warns of cyber-attack risks for home working sole traders and businesses
Businesses could face financial implications if they do not prepare
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NewsHiscox predicts £10m to £250m BI coronavirus hit and launches share placing
It recognises that this is an extremely difficult time for businesses and it is determined to provide greater certainty for its customers
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FeaturesThe Briefing: Coronavirus impacts on GI - With a reduction in road use due to Covid-19, should insurers start returning some premium?
Insurers in the US are refunding part of their customers’ car insurance premiums as coronavirus lockdown measures see a decline in vehicle use and therefore claims, but will the UK market follow suit? Four industry experts share their thoughts
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FeaturesThe Briefing: Coronavirus impacts on GI – Is the insurance sector caught in the crossfire of Covid-19 pressures?
Financial services consultancy says ‘the expectation for the industry to just pick up the tab for a once-in-a-century crisis like coronavirus is just not reasonable’
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Newse-trading Q&A: NIG sees significant uptick in inbound calls and email traffic amid Covid-19
NIG has spotted an increase in inbound calls at its etrade operations and claims centres with many brokers seeking guidance on policy coverage during the coronavirus crisis, Insurance Times etrading 2020 results are also now available
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People & OpinionBlog: Adaption, when it’s necessary, it happens – 360Globalnet's Paul Stanley
Covid-19 has fast tracked digital processes for many firms. Necessity is not just the mother of invention, it is also the mother of adaptation and adoption, says Paul Stanley FCII, chief executive at insurtech 360Globalnet
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NewsMore consumers want to purchase insurance in light of Covid-19 pandemic says consultancy
The Capgemini Research Institute found a 10-percentage point increase in the number of consumers looking to buy insurance
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NewsMore than half of UK publicans have had their BI claims rejected says trade association
Nearly two-thirds of pub owners have also had their pandemic insurance applications refused
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NewsZurich joins Uinsure’s household and buy to let insurance panels
The panel already includes AXA, Ageas and RSA, to name a few
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NewsHiscox Action Group and Night Time Industries Association join forces
The two hope to pool resources and share information as they seek a pay out from Hiscox
