Claims – Page 77
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NewsMoneySuperMarket reveals top burglary claims hotspots amid pandemic
Cities were found to have the highest claims for home contents theft
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NewsFCA is ‘front and centre’ of BI debate due to ‘interventionist approach’ – Weightmans
Friday’s Supreme Court ruling on business interruption policy wordings may also be used by the Financial Ombudsman Service, increasing the potential exposure for insurers
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IT InterviewCustomer engagement set to be boosted by greater use of digital and AI, says Ageas claims director
With the Covid-19 pandemic accelerating both customer and staff comfort in using digital communications and processes, insurer and customer engagement is expected to go up a notch in 2021, predicts UK claims boss
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NewsTrust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020
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NewsCare homes reject new patients due to ‘insurance dilemma’
Insurance premiums for care homes have also been rising
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NewsJeremy Clarkson hits out at insurers after facing £60k premium post-Grenfell
Clarkson admits that although he could afford these insurance premiums for his flat in London, it does not make it right
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NewsLiP portal delay is ‘rare bit of good news’ say insurers
Regardless of the launch date, there are still likely to be ‘teething problems’ – embedding the new system will therefore be a priority for insurers
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NewsGovernment pushes back LiP portal roll out to May 2021
Lord Chancellor says the delay is ‘a sensible and pragmatic approach’ considering the continued challenges arising from the coronavirus pandemic
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News AnalysisInsurers must ‘adjust reserves accordingly’ as PI ruling will ‘significantly add’ to claims costs
The Swift v Carpenter ruling set the bar for accommodation costs in personal injury cases involving a long life expectancy and low interest rates, but what is the financial domino effect on insurers? Insurance Times takes a closer look
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NewsIrish insurer offers partial premium refunds to some pub owners over BI confusion
However, it is reported that less than 10 pubs will be receiving this support
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NewsCar insurance premiums on the rise after 2020 dip – MoneySuperMarket
The comparison site attributes the increase to looser lockdown restrictions in Q4 2020
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NewsOpportunity around green parts is ‘too big to miss’ says Ageas UK claims director
The impact of the Covid-19 lockdowns last year enabled green parts to step up to the plate and fill distribution gaps in repair supply chains
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NewsEcclesiastical recommends preventative measures after gang sentenced for church metal thefts worth £2m
The gang of four men swiped lead from more than 20 churches over a two-year period
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NewsLexisNexis Risk Solutions launches email address validation tool to combat application fraud
The tool is designed to streamline the quote process, free up insurer resources and assist with identifying fraudulent policies
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NewsZurich UK offers fully paid emergency leave for parents and carers during latest lockdown
Since March 2020, Zurich has implemented a number of measures for employee wellbeing including the provision of additional free office equipment for safe and effective working from home
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NewsEngagement in the FCA’s BI court process ‘a good thing for the industry’ says Ageas claims boss
The insurer’s claims director believes the insurance sector has taken a ‘collaborative approach’ to dealing with the BI claim fallout arising from the coronavirus pandemic lockdowns
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NewsMike Brockman’s ThingCo secures £3m investment
The investment will help ThingCo meet the growing telematics demand from the insurance market
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Online onlyBriefing: Five reasons why insurance price comparison has lost its lustre
The FCA pricing crackdown and the sale of two major price comparison businesses come amid a sector losing its lustre
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NewsQuarter of a billion worth of claimant damages stuck in litigation process – Zurich
Road traffic accident claimants are having to wait for more than a year before being heard in court, finds the insurer’s analysis
