Claims – Page 94
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NewsPool Re updates terrorism cover to improve accessibility for UK firms
The reinsurer hopes the changes will lead to more resilient businesses
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NewsLiP portal to enter next stage of testing this month
The MIB confirms that feedback so far has been ‘very positive’
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Online onlySunderland AFC insurance broker owner to sell up amid fan backlash
The situation is further complicated by a £9m loan from a group of US investors
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NewsSedgwick working with Insurance Council of Australia amid bushfires
It will deploy teams to assess the damage when it is safe to proceed
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NewsCFC offers SMEs excess cyber capacity of up to £10m
The new product aims to protect smaller businesses against multiple cyber events
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NewsOpioid addiction among legacy claims set to soar in 2020
It could take $17bn and 30 years to cure the opioid addiction completely
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FeaturesClaims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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NewsInsurance claims soar as New South Wales burns
The wildfires have destroyed 1,298 homes so far and wiped out half a billion animals and plants
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NewsUK motor headache continues for excess of loss reinsurers
Unexpected discount rate change was a particular problem highlighted by reinsurers
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NewsWhirlpool washing machine recall plunges insurers into hot water
Hotpoint and Indesit washing machines are a potential fire hazard due to the heating element being activated for cycles above 20 degrees Celsius
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NewsIUA targets cyber warfare and climate change in 2020
The IUA will also update members on Brexit-related issues
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IT InterviewEtrading Q&A: NIG achieves 94% customer satisfaction score for 2019
Insurance Times speaks to NIG’s etrade business manager Nick Makin on the five service factors that are being explored in this year’s etrading survey
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Online onlyMotor insurers preparing for reinsurance rate hike as Ogden hits hard
Rates for motor excess of loss policies could rise by as much as a fifth at the 1 January renewal date
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NewsSRA opts not to change lawyers’ minimum professional indemnity cover
The authority will be maintaining the existing ‘one-size-fits-all’ model
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NewsAviva-backed Neos boasts market-beating home loss ratios through its ‘smart’ tech
The insurtech says it has two years’ worth of data to back its proposition ahead of its planned expansion
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NewsTotal GWP for UK pet insurance amounts to £1.2bn in 2018
Pet insurance premiums rose by 22% between 2013 and 2018
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NewsPenetration rate for SMEs buying insurance falls by 1.3%
But, GWP increases as those that do purchase insurance opt to buy more
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NewsHelios Underwriting acquires Lloyd’s limited liability member at 16% discount
The listed investment organisation extends underwriting capacity with new purchase
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NewsModern building hacks cause property owners insurance to escalate
Travelers pinpoints six key reasons why property owners insurance is on the up
