Claims – Page 68
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Online onlyBriefing: The winners and losers from the FCA’s pricing ban
FCA price walking ban impact on customer, insurers, brokers and aggregators
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NewsData subject insurance claims are ‘sting in the tail’ for corporate cyber breach victims
Law firm partner describes data subject claims as ‘effectively becoming the new PPI’ as practice reports activity uptick
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NewsDirect Line Group rolls out LeakBot devices to its UK HNW home insurance customers
LeakBot progresses partnership agenda as DLG joins Hiscox among the technology company’s insurer partners
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NewsRegulator’s ‘culture shift’ forces firms to place greater emphasis on vulnerable customers
Law firm partner addresses MGA online delegates to discuss the FCA’s switch in stance around ‘value’ and ‘outcomes’
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NewsLaw firm considers legal action against 12 insurers following BI test case result
Mishcon de Reya believes insurers such as Aviva and Chubb should be paying out for Covid-related business interruption claims that fall under ‘resilience’ policy wordings
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NewsLaw firm expands group action to dental sector in BI claims pursual
Mishcon de Reya is urging all dental practices to get in touch as it believes that many are insured for Covid-related business interruption claims
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News AnalysisUniversities and colleges face increased cyber threat
The National Cyber Security Centre issued an alert to the sector after a spike in the number of ransomware attacks
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News AnalysisFraudulent claims could arise from Leighton Buzzard earthquake
Although some residents reported their houses were shaking as a result of last Tuesday’s quake, insurance professionals are taking a more sceptical view of property claims due to ‘very minor’ tremors
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News AnalysisPolicyholders need to home in on balance sheets to take advantage of test case verdict
Although claims preparations can now go ‘full steam ahead’ following the publication of the High Court’s ruling, projected profits and losses must be considered for quantum purposes
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News AnalysisFCA called out as ‘shining example of regulatory intervention’ for test case action
Despite being celebrated as a policyholder victory, many legal professionals feel this reaction to the test case verdict could be ‘premature’ as the likelihood of an appeal from insurers still looms large
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News AnalysisBI test case decision is ‘conclusive judgment in favour of policyholders’
Industry expert says the verdict is ‘no surprise’, however the industry is ‘nowhere near the finishing line’ as insurers now need to reassess their business interruption policy wordings
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Online onlyBriefing: Customers will face more agony despite test case ruling
The FCA ruling will only help some clients and, even then, there will be arguments over payouts. The FCA ruling closes one chapter on this unedifying experience for the insurance industry. There are lessons to be learned.
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NewsTechnology & Innovation Awards finalist 2020 Q&A: Balkerne helps insurers and captives prevent losses
One day to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsLloyd’s of London backs FCA BI test case ruling
Following the ruling from the High Court on the FCA business interruption test case, Lloyd’s and LIIBA explain their stances
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NewsFCA test case is a ‘complex judgment’ that will take time to understand
Following the High Court ruling yesterday on the FCA’s business interruption test case, Insurance Times looks at the potential impact on insurers
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News AnalysisTest case judgment could be ‘the difference between life and death’ for Covid closed businesses
Brokers rejoice as High Court ruling provides clarity for customers’ business interruption claims caused by Covid-19 pandemic
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NewsTechnology & Innovation Awards finalist 2020 Q&A: SBS’s digital flooring claims solution reduces time and cost
There are just two days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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News AnalysisHigh Court rules in favour of FCA for majority of Covid-related BI wording interpretations
As the High Court ruling was revealed this morning, Insurance Times finds out what some of the industry thinks about the verdict
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People & OpinionBlog: The BI test case should prompt insurers to interrupt themselves – 360Globalnet
Paul Stanley, 360Globalnet’s chief executive weighs in on business interruption ahead of the FCA test case verdict this morning, this is one of a series of blogs from the insurtech
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NewsInsurance industry must find ‘right’ capital management strategy to navigate losses
During a press briefing, Guy Carpenter discussed why it is ‘critical’ that the insurance industry has the right solution in place to navigate losses, especially against the backdrop of the pandemic
