Claims – Page 4
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IT Awards 2024Insurance Times Awards 2024: Ascend Brokers’ ‘unwavering commitment to exceptional value’
Matthew Collins, managing director at Ascend Brokers, discusses the firm’s entry for the Customer Champion of the Year –Broker award
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NewsGovernment issues update on leasehold commission ban
’We will go out to consultation very shortly on the detail of the act’s ban,’ says minister
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NewsHowden urges insurers to tackle cyber cover penetration gap as 52% report attack in last five years
SMEs must be a particular focus, says head of UK cyber retail, because ‘this segment has been historically underserved by the cyber insurance market’
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News AnalysisThe complexity of business interruption insurance – and why innovation is lagging behind
Technology has already improved ‘low-hanging fruit’ problem areas, but now it is time to aim a little higher with AI tools, to better support claims handlers and end customers with detailed BI claims
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NewsAI helping underwriters spend more time in-person with brokers
’AI can help firms gain a competitive edge by removing admin from the underwriter, so they can spend more time in meaningful discussion,’ says managing director
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NewsExperts slam changes made to whiplash tariff
’The outcome of this review has made an unjust situation even worse,’ says president
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NewsCompetitive prices ‘may not be best route to building trust’ with motorists
’The turmoil in the car insurance market over the past few years is continuing to take its toll on the reputation of the sector,’ says managing director
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NewsBrokers must review employment practices liability policies ahead of ‘revolution of employment rights’
The Employment Rights Bill features 28 reforms to existing employment standards – brokers and underwriters must therefore work together to ensure that employers’ liability cover is ‘fit for purpose’, says head of claims
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NewsHome insurers with claims acceptance rate of less than 55% revealed
’The regulator shouldn’t hesitate to take action against those falling short,’ says director
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NewsAllianz claims leader to exit business for new insurer
’He brings the depth of expertise and fresh thinking we need to achieve our ambitions,’ says chief executive
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NewsP&I club announces 5% general increase in 2025/26 premiums
’Changes in established navigational routes, two major international conflicts and other geopolitical challenges have created an abnormal claims environment,’ says chair
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NewsGovernment announces new UK captive insurance consultation
’Insurance markets are pivotal in supporting growth,’ says chancellor
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Sponsored ContentUKGI braces for winter amid global supply chain disruptions – Gallagher Bassett
As winter approaches, the UK insurance sector is preparing for a dual challenge – ongoing global supply chain interruptions and the impending impact of severe winter weather. Gordon Vater, managing director at GB Technical, provides an overview of the situation
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NewsBackchat: November 2024
A mummified cat, a third birthday, a golden retriever and a new video series on reinvention. What has the insurance industry been up to of late? You heard it here first…
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NewsSpecialist MGA secures Hiscox capacity for new proposition
The proposition has been in development for the last two years
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NewsMotor premiums fall for second quarter in a row
However, the average cost of motor insurance in the third quarter of this year was £50 higher than the same period in 2023
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News AnalysisIn Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?
High net worth clientele often enjoy an array of hobbies that the average man on the street may not be able to afford – but how can individuals ensure they have appropriate cover to protect against pitfalls of a very particular hobby niche?
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from 4 November to 8 November
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IT Awards 2024Insurance Times Awards 2024: Bridgetech and DAC Beachcroft partnership delivers ‘real, tangible business benefit’
Matt Porter, chief executive at Bridgetech Group, discusses the company’s entry into the Excellence in Claims Technology – Claims Management Service Provider award
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IT Awards 2024Insurance Times Awards 2024: DWF Law seeks to address motor claims fraud with telematics data
Benedict Harper Drew, specialist manager of the fraud and financial crime team at DWF, talks about the company’s entry for the Excellence in Claims Technology - Claims Management Service Provider award
