Claims – Page 52
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News
Whiplash reform rules are ‘cumbersome’ and reflect ‘a big change coming’ – Sabre
The insurer’s chief executive further believes policyholders may not reap the expected premium discounts following the implementation of part one of the whiplash reforms this May
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News
Saga’s full year results suffer due to ‘significant impact of Covid-19 on travel’
The company said travel insurance profitability reduced by £98.3m in the 12 months to 31 January 2021
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Sponsored Content
Preparing for the long anticipated whiplash reforms – Davies Group
In Insurance Times’s April 2021 issue, Davies Group’s Stacey Goodchild on how the company is getting ready for the launch of the Ministry of Justice’s Official Injury Claims portal at the end of May
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People & Opinion
Q&A: Whiplash reforms: The good, the bad and the unintended – Gallagher Bassett
Gallagher Bassett’s UK technical director Andrew Sewell tells Insurance Times what the incoming whiplash reforms will mean to insurers and claims handlers, particularly around the increased risks of fraud
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IT Interview
Sabre has ‘been able to hold our nerve’ during pandemic lockdowns
The insurer’s chief executive says that putting prices up year-on-year was the ‘right stuff’, enabling the firm to now ‘stand still’ as its competitors scramble to implement price increases to mitigate Covid discounts
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News
360Globalnet warns UK motor insurers of unforeseen data ‘quicksand’ from OIC portal
The insurtech has warned that free text data entry in the new Official Injury Claim portal could lead to insurers being overwhelmed by data
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News
Brokers aim for ‘trusted advisor’ status with SME clients – Premium Credit
The financial organisation’s latest research also reveals ‘worrying’ trends around paying for business insurance due to Covid-19’s direct impact on SMEs
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News
Why more data is not always better – InsTech London
In its latest report, InsTech London warns that too much data can be counterproductive and pose problems for brokers
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News
UK brokers boast stronger relationships with clients than pre-pandemic – GlobalData
The data analytics and consulting firm also found that nearly half of brokers’ clients are interested in finding out about coverage gaps following the pandemic
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News Analysis
Suez Canal blockage leaves ‘(re)insurers significantly exposed to business interruption risks’
As the Suez Canal reopens, the insurance industry is bracing itself for huge losses ‘made up of compensation for delays’ and covering ‘potential damage to cargo’
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News
Revealed: Claims Excellence Awards finalists 2021
A record number of entries across 18 categories have made it onto the shortlist for Insurance Times’s Claims Excellence Awards this year – did your firm make the cut?
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Features
Briefing: Pandemic impact on financial results is not over yet
Insurers’ 2020 full-year financial results show an economic landscape strewn with losses and colossal Covid claims costs. This will undoubtedly carry over into 2021 in some capacity, wrecking further trouble on balance sheets
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News
Backchat April 2021
Green is the new black, angry birds, new peacemakers, and who’s marking a new chapter with a rebrand? What has the insurance industry been up to this month? You heard it here first…
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News
Broker Direct and Proficient Insurance roll out data channel to support vehicle repairer networks
The pair’s long-term focus is to push more messages automatically to customers, to avoid policyholders having to proactively log in online or make a call
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News
Guide aims to answer important questions over delegated authority use
The International Underwriting Association updates its best practice around ‘which functions should be outsourced and how they can be properly supervised’
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Features
In Focus: New whiplash portal on the horizon – but are firms ready?
The countdown until the launch of the new Official Injury Claim portal has finally begun following February’s regulations – Insurance Times explores whether firms are operationally ready for the upcoming changes and what work is still left to do
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News
Previsico and Zurich to plug flood risk for big corporate customers
Surface flood water has been deemed the ‘biggest risk’ in the UK, affecting three million people
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Sponsored Content
Using vehicle insights to enhance customer experience and write profitable business – Cazana
In April’s issue, Cazana’s strategic partnership manager, Roly O’Neil tells Insurance Times about the value of insights from vehicle data and why it could help write profitable business
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News Analysis
D&O demand set to soar as UK audit regime puts directors in the spotlight
Sweeping new reforms for Britain’s biggest businesses are set to place greater responsibility on directors and officers to ensure the accuracy of their firms’ financial reporting – or face harsh penalties