Claims – Page 49
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AnalysisUK’s changing climate will drive industry focus on innovation and risk management
Brokers that can help businesses with “training, monitoring and being ready” ahead of potential flood damage can ensure their commercial clients have a “massive differentiator”
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NewsMotor injury claims reported to government body plummet in 2021 – ACSO
Despite the FCA introducing new pricing rules to protect consumers, the insurance industry reaping £3.3bn in profits is the ‘beneficiary’ from in the drop off in motor claims, says executive director
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NewsManifesto 2022: E-scooters need compulsory public liability insurance
The trade body has also called for e-scooter insurance policies to be exempt from insurance premium tax
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AnalysisHunting down the truth about trail hunting insurance
Although insurance does not cover illegal activities, such as fox hunting, verifying potential trail hunting-related claims could fall into a protection grey area
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AnalysisHouse of Lords debates need for e-scooter safety regulations and compulsory insurance
Speakers in the House of Lords last week debated the safety of e-scooters on UK roads and whether more stringent regulation is needed amid claims that ’the pavements have become a jungle’
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NewsCocktail bar chain leads formation of BI action group against RSA and QIC Europe
UK restaurant and bar group’s ‘substantial’ claim highlights how hospitality businesses are having ‘to fight tooth and nail to obtain an indemnity’, says company director
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NewsInsurers must prepare to pay interim material costs for cashflow concerned builders
Insurers ‘can expect a much wider range of project costs than normal’, predicts senior surveyor
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NewsPrevisico scoops ex-Charles Taylor group chief exec as chairman
The insurtech feels its new hire is the ‘perfect fit’ for the role
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NewsTractable launches artificial intelligence property solution for extreme weather
With climate change instigating more natural disasters, the insurtech is applying its auto appraisal know-how to property claims
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NewsXS Direct no longer accepting new business
Ceasing renewals business will follow on 1 March 2022
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AnalysisBriefing: One year since Supreme Court’s BI judgment, yet outstanding questions remain
Law firm reveals litigation around BI claims is still on the table for this year, especially as the FOS appears to be siding with insurers in the majority of BI-linked cases since last January
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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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AnalysisBriefing: Five big issues facing insurance firms in 2022
It’s not just the FCA’s pricing and product reform that will be on the mind of the industry in 2022
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NewsProfessional negligence claims linked to Stamp Duty holiday named one of top insurer issues for 2022
Law firm also identified ESG considerations ’as the dominant topic for the year ahead’
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NewsGoCompare and Coplus team up on home insurance initiative
The aggregator’s chief executive hopes the initiative will ’help people’s understanding of excesses in a general policy’
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NewsPI premium hikes push independent legal practitioners to seek ‘security and freedom’ – Taylor Rose MW
Experienced solicitors ‘no longer want the responsibilities of compliance and increasing operating costs’, says chief executive
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IT InterviewProperty claims inflation and digital support tools will continue to impact claims sector in 2022
Tackling property resilience following flooding presents ‘a lot of opportunity’ for insurance industry this year, while digital tools target ‘hyper-convenience’, notes Zurich’s UK chief claims officer
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NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
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NewsTractable chosen as US-based insurtech’s AI partner
The insurtech says Tractable was a ‘clear choice’ as it aligns with its mission to deliver world-class technology
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IT InterviewDavid Nichols: Motor claims trends to watch in 2022
Insurance Times catches up with Zurich’s UK chief claims officer to find out what motor claims trends should be on the industry’s radar this year
