Claims – Page 97
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News
Home insurance market set to contract by 1.4% as a result of Covid-19
Data and analytics firm predicts that gross written premiums within the UK home insurance market will drop to £5,935 in four years’ time
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News
Covid-19 presents new opportunities for MGAs versus ‘clunky’ capacity providers
Technology-enabled MGAs have the ability to innovate and be entrepreneurial in the wake of the coronavirus crisis says leading industry experts
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Features
Totus Re – the reinsurer for reinsurers
With the insurance industry taking a reputational hit during the pandemic, the two founders of Totus Re argue that a proactive stance could be a move in favour of the sector
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IT Interview
Etrading Q&A: Insurers need to up their game on the risks available via etrading says Allianz
Allianz’s digital trading manager says speed of delivery is a key area of improvement within etrading, but insurers also need to meet the demand to write more complex risks digitally
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News
Claims Excellence Awards Finalist 2020 Q&A: Sedgwick’s work during the aftermath of Hurricane Dorian
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
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IT Interview
Q&A: Brokers understand customers who ‘don’t fit the standard box’ says ThingCo chief exec
Insurance Times speaks to ThingCo chief executive Mike Brockman on how telematics is going wrong and what brokers can do to overcome hurdles and cost barriers in order to make telematics work.
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News
Two travel insurers for over 50s offer Covid-19 cover
The over 50s age demographic has been earmarked as the most vulnerable to Covid-19 and the two insurers aim to give policyholders peace of mind when travel restrictions ease up
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News
Bypassing the broker could lead to reputational crisis, says Aston Lark chief
Many customers are unaware whether an insurance product that they are buying is good or not, if they solely rely on technology
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IT Interview
Alchemy Crew seeks to uncover ‘true issues and gaps’ in insurance sector growth strategies
Fine tuning growth strategies for the insurance industry post-pandemic will be the key to growth, according to Sabine VanderLinden, co-founder at Alchemy Crew
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IT Interview
Insurers re-setting HNW boundaries to take advantage of higher premiums and margins
The mid net worth market is likely to merge into core domestic household products says loss adjustor
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News
Charles Taylor appoints AXA global corporate solutions boss as new group chief executive
He has previously worked at AXA and Aon in senior roles
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IT Interview
MGA Q&A: ‘Much of what sets us apart is not provided by the broader market’ says Nexus Underwriting
Nexus Underwriting group chief underwriting officer André Ford talks to Insurance Times, discussing the reputation of the MGA market, capacity concerns among brokers and exploring the underwritng and claims processes used to stand out in the MGA market
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News
Blanc blasts poor insurer communication over Covid BI exclusions
Industry hasn’t explained the reasons for pandemic cover exclusion properly, the Aston Lark chief said
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News
Government should use claims management capability during pandemic, says PIB boss
Brendan McManus explains that the insurance industry could have supported the government throughout the coronavirus crisis
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News
British Dental Association urges FCA to consider ‘unique challenges’ of dentists in BI claims test case
The dentist trade union is arguing that the short timeframe given for its members to submit any relevant material to the FCA has meant that all issues could not be communicated
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News
Hiscox Action Group triggers arbitration clause in bid for £40m pay out for rejected Covid BI claims
The group’s law firm is acting on behalf of 350 Hiscox Insurance policyholders
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News
Two-thirds of UK brokers don’t think the industry has responded well to the Covid-19 crisis
Nearly all of the research respondents agreed that policy wordings need to be reviewed urgently
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News
Totus Re bags 30 sign ups since mid-May
The open collective is now looking for others that are interested in the model to join the conversation
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News
German fraudster jailed for two years after failed £6m insurance scam that amputated his left hand
The scammer let a train run over his left hand so that he could claim on numerous accident insurance policies
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Online only
SSP extends deal with Top 50 Broker
SSP signs three-year deal with Top 50 Broker in personal lines