Claims – Page 67
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News AnalysisGovernment must take leap of faith to mend ‘gaping hole’ in cover for live events
Industry figures beg the government to seriously consider state-backed insurance scheme as the commercial insurance market for events cancellation is ‘unlikely’ to mobilise until 2022
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NewsInsurers have paid £600m in interim and final BI claims payments
Around 13,670 BI policyholders out of the 35,438 who have had claims accepted have received at least an interim payment
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IT InterviewAgeas to ‘double down’ on broker-led personal lines in new strategy
Chief executive explains how ‘there’s real opportunity’ for Ageas as it homes in on its ‘heartland business’ with brokers
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NewsAviva predicts uptick in cyber insurance sales post-pandemic
The Covid-19 pandemic has forced many SMEs to work remotely, but this comes with a larger cyber risk exposure for businesses
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NewsMarshmallow Financial Services accused of stealing ‘trade secrets’
In an ongoing court case, the insurtech has been accused of profiting from a joint business agreement by tapping into ‘trade secrets’
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IT InterviewWoodgate and Clark to target organic growth after Quadra acquisition
The loss adjuster’s managing director believes there is room for growth in the mid-ranking loss adjusting arena
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NewsInsurers refuse four-by-four car cover as thefts double over decade – Broadway Insurance Brokers
Misunderstanding policy wordings can also create extra expense for policyholders if their claims are refused
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NewsRAC Insurance establishes in-house insurance intermediary
The move ‘represents a material shift in our insurance strategy’ says RAC Insurance boss
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NewsNFU Mutual predicts motor claims surge as lockdown eases
The insurer’s prediction follows last year’s claims trends, where drivers flooded back to the roads after lockdown restrictions eased
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NewsCovid clauses creating new D&O concerns
Recent moves by insurers to include broad Covid-19 exclusion clauses may have significant ramifications for the D&O sector
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NewsShed and garage home office spaces could pose risk for insurers – Aviva
In its latest research, Aviva reveals that only a third of people have a designated home office space in their property
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FeaturesIndustry demands change to build sustainable construction PI market
Trade association believes historic liabilities following 2017’s Grenfell Tower tragedy will lead to current claims exposure for insurers providing professional indemnity within the construction sector
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NewsUK insurers warned of big challenges and put on ‘negative’ outlook
AM Best places UK insurers on negative outlook amid major challenges
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NewsMotor insurers expect usage-based pricing models to be standard in four years – By Bits
Technology was found to be the biggest obstacle for the industry in meeting changing customer needs
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NewsWhiplash 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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NewsSaga’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 ContentPreparing 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 & OpinionQ&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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Sponsored ContentSwitch on to cyber, the growing risk – Aviva
In Insurance Times’s April 2021 issue, Aviva’s head of cyber insurance Neil Arkle discusses the importance to all businesses of having cyber security in place and how brokers can help clients reduce their vulnerability
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Sponsored ContentNew claims portal is not answer to all fraud woes – Carpenters Group
In Insurance Times’s April 2021 issue, Donna Scully, director at law firm Carpenters Group discusses the ins and outs of the new Official Injury Claims portal
