Claims – Page 45
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Sponsored ContentClaims are the industry’s shopfront, so sector must deliver on service - MUM
Richard Webb, director at Manchester Underwriting Management, explores whether insurance customers get what they paid for when it comes to making a professional indemnity claim
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NewsStorm Arwen winds sweep up over £80m worth of claims – NFU Mutual
Insurers across the board are expected to experience a total loss of up to £300m
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NewsCredit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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NewsClimate change has ‘broken the world of risk management’
However, applying an ‘insurance mindset’ to climate-related issues can support the ‘race for resilience’, says government’s climate champion
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AnalysisBriefing: Sector-wide cultural change and ‘radical collaboration’ will drive flood resilience work
Flood Re believes the role of insurance is changing as it urges insurers to offer property repair improvements to combat poor flood resilience
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AnalysisAdmiral’s stock market dip - how serious is it?
The Cardiff-based insurer’s share price plunged by 15% last month as a result of profit concerns
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NewsPrevisico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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NewsInsurer pockets another £80m over IBM IT project blunder
IBM has said it is ’disappointed’ with the ruling and intends to seek appeal
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NewsCourt of Appeal ruling sees major implications for dental negligence claims
The Dental Law Partnership has campaigned for two decades to ‘change the industry for the better’
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NewsInsurtech ecosystem is ‘unusually advanced’
An expert panel at the Business of Resilience conference discussed how the insurtech sector could support the insurance industry through innovation
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NewsAxa declines BI court appeal opportunity as Corbin and King is purchased
Thai hospitality group Minor is expected to take immediate control over Corbin and King’s restaurants
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NewsEuropean windstorm series accumulates €3,289m insured property market loss
Clustered storms pose a challenge for the insurance industry due to claims allocation confusion
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NewsRevealed: Claims Excellence Awards finalists unveiled for 2022
In-person, claims-centric awards event is back this year with 20 prizes up for grabs
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AnalysisBriefing: Russia-Ukraine insured losses deemed ‘manageable’ – but how long for?
Investment bank predicts that conflict losses will be ‘manageable’, yet insurer boss believes flexibility will remain central for keeping abreast of unfolding situation
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NewsInsurtech ARMD turns around tool theft claim in eight days
The insurtech uses the Internet of Things (IoT) and embedded insurance technologies to cater for tradespeople
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NewsLloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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AnalysisHospitality group BI judgment could signal ‘flood of further cases’ ahead
Insurers could still face ‘potentially significant’ claims exposure around BI policy interpretations, despite intention of test case judgments
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NewsLloyd’s returns to profit with £2.3bn in full-year 2021 results
£2.9bn was paid to customers impacted by Covid-19
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AnalysisBriefing: Was the MoJ’s part two consultation response worth the bother?
With a five-year gap since the initial reform consultation and the OIC portal still posing functionality problems, has the MoJ taken the easy way out with its no change agenda for part two of the whiplash reforms?
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NewsGovernment scraps building safety manager requirement in latest Building Safety Bill shake up
The Secretary of State now has the power to ’impose requirements about new build home warranties’
