Claims – Page 38
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AnalysisRising material costs prompt underinsurance warning
Issues within global supply chains are pushing up the prices of raw materials, leaving brokers forced to increase policy limits to ensure repairs and rebuilding work is covered by insurers
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NewsThe Wolseley restaurant owner still in Covid-related BI dispute against insurer
The case will be heard in the High Court on 24 January 2022
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NewsFirms’ D&O exposure may not be understood – QBE
Many senior leaders could find that they are not covered in the event of a claim, says insurer
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NewsSenior leaders fear claims consequences of Covid-driven decisions - QBE
The insurer’s research revealed senior leaders’ other concerns too, such as financial turmoil and health and safety
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AnalysisIn Focus: E-scooter ‘grey area’ creates fraud potential
Claims figures for e-scooter collisions are trickling in, but the grey area surrounding the categorisation of this vehicle could open the gates to potential fraud
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NewsA fifth of UK SMEs say trust in insurers bolstered due to Covid-linked BI test case
However, ongoing BI disputes show the ramifications of the pandemic are not over yet, which could work to damage insurers’ reputation, says data and analytics firm
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NewsGoDaddy cyber attack yet another ‘wake up call’ to insurance industry – CyberCube
Cyber insurers need to be on their guard when it comes to single point of failure cyber attacks, recommends cyber analytics firm
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NewsABI calls on government to create ‘robust regulations’ for e-scooters
Private e-scooters are often not insured for use on public roads and pavements, which is why the trade association is warning people to ‘think twice’ before giving them as presents for Christmas
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NewsCredit hire and legal services provider in claims deal with MCE
Anexo Group’s executive chairman says the three-year agreement represents ’a major contribution to our growth strategy’
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AnalysisBriefing: Now is a time of great opportunity on salvage for insurers and brokers
Salvage market presents an opportunity for insurers and brokers
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AnalysisExploring the trade credit insurance landscape post-Covid – ABI
Business failures in the UK set to grow 33% as 2022 approaches, according to Atradius data - but what does this mean for the trade credit insurance sector?
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NewsZurich launches initiative to help flood-stricken customers build back better
The insurer aims to reduce its carbon footprint and help customers that are victims of repeated flooding
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AnalysisHow has the Covid-19 pandemic affected HNW clients?
Ecclesiastical’s art and private client business director tells Insurance Times how high net worth clients have reacted to the ups and downs of the coronavirus crisis
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NewsEmployers’ liability insurance has low penetration in UK SMEs
The penetration rate for EL cover has gradually fallen over the last four years, signposting the need for greater education around this type of insurance, says data and analytics business
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NewsLV=GI and think tank make policy proposals to end property development on high risk floodplains
The insurer’s claims director says the firm’s latest research highlights a ’concerning amount of current and future development in high flood risk areas’
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NewsMcLarens confirms exclusive affiliate in Poland
Focusing on commercial claims, loss adjusting firm co-owner called the partnership ‘a great fit’
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IT InterviewQ&A: Insurer Ageas says its ‘role is to enable brokers to grow their potential’
Ageas’ director of distribution Russell White explains how the insurer strives to ’continuously improve communication with customers’
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NewsLaw firm warns of e-scooter recalls and liability claims following London tube fire
The government’s Office for Products and Safety Standards (OPSS) recall report in January 2021 listed an e-scooter as the first recalled product for battery fire risk
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AnalysisCredit hire companies ‘on notice’ that they are in the crosshairs for defendants’ costs
After a road traffic accident-based case heard by Leicester County Court hit headlines this year, law firm partner emphasises that legal ‘rule change is a gift to insurers wanting to fight fraud claims’
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IT InterviewQ&A: Markel UK believes policy terms and conditions are not a ‘second chance to decline’ claims
Markel UK’s sales and marketing director Nic Brown explains how the insurer strives to use ’dynamic wordings’ to improve policy clarity for brokers and end customers because ’maintaining clear and precise communications and documentation is a focus for Markel’
