Claims – Page 81
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FeaturesFraud Charter: Insurers need to engage with supply chain to avoid fraud temptations
Industry experts are seeing prolonged credit hire periods and fumigation charges within the motor insurance supply chain as a result of the coronavirus pandemic
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NewsFraud Charter: Insurers preparing for Covid claims ‘explosion’
Claims management firms are gearing up to target coronavirus pay outs
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NewsDentist trade body mulls legal action against insurers for non-payment of Covid claims
The trade body for dentists said that the industry has been ’blindsided’ due to lack of effective responses from insurers
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NewsAXA sees 60% decline in commercial and retail motor claims since coronavirus lockdown
The insurer’s claims managing director also reports a ‘spike’ in travel and business interruption claims related to the Covid-19 pandemic
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IT InterviewMGA Q&A: So-sure reacts to Covid-19 lockdown by reducing pricing to reflect changed risk
So-sure’s chief executive Dylan Bourguignon talks to Insurance Times’s Savan Shah about standout services and reacting to the coronavirus pandemic
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FeaturesCyber cover is ‘modern-day crime policy’ as criminals switch from physical to digital
Insurance Times explores the relationship between cyber cover and traditional crime policies, looking at how these insurances can work together or where there may be gaps in cover
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NewsMotor insurers sent 80% fewer new work instructions to UK body shops in April
Last month, the net average repair cost estimation also reached a two-year high of more than £2,000
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NewsLloyd’s set to pay out up to $4.3bn in Covid-19 claims
CEO John Neal said the coronavirus crisis “will challenge the industry as never before”
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IT InterviewInsurance market is on the back foot in dealing with Covid-19 pandemic says law firm partner
Insurers and brokers need to move past the crisis management phase and think of future solutions to mitigate pandemic risks
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FeaturesFraud Charter: May 2020
Industry experts attending Insurance Times’s virtual roundtable agree that application fraud is on the up as consumers look to reduce premiums in any way they can, due to coronavirus-related financial hardship
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NewsFlood Re ‘needs tweaking’ says Biba executive director
The trade association says there needs to be better collaboration with software houses as well as a ‘build back better’ mentality
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People & OpinionBlog: DAVE – the child of Covid-19, but what’s in a name or a visit? – 360Globalnet
Post-pandemic we can never go back to old ways, according to Paul Stanley FCII, chief executive at insurtech 360Globalnet, that’s why DAVE, dubbed the child of the Covid-19 era is here to help
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NewsBiba supports Pandemic Re proposition as ‘insurance can’t cover everything’
The trade body’s executive director labels the coronavirus pandemic as a fundamental risk, alongside war and nuclear contamination
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News AnalysisConfusion remains on insuring e-scooters, as government fast-tracks trials ahead of coronavirus lockdown exit
If insurance is not in place and an accident occurs, who will pay the claim?
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NewsInsurance industry 'did not intend to underwrite pandemics', says RSA’s Hester
But the insurer is still paying claims when there is ambiguity in the wording
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FeaturesHow exposed are brokers to negligence claims following rejected Covid-19-related BI claims?
As commercial customers and insurers draw battle lines over business interruption claims, Insurance Times looks at whether brokers could get caught in the crossfire
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NewsMunich Re reports €800m loss related to Covid-19 in 2020’s Q1
The firm attributes losses to event cancellation claims in light of coronavirus pandemic
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NewsPremiership players may have to sign Covid-19 disclaimers due to insurance coverage fears
Before resuming training, professional rugby players could have to sign disclaimers to waylay worries about coronavirus claims
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NewsInternational regulatory organisation warns against retrospectively covering Covid-19 losses
The voluntary membership organisation says this ‘could create material solvency risks’ for insurers
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NewsAllianz facing group action over business interruption claims
Other insurers such as Hiscox have also been in the business interruption firing line recently
