Claims – Page 128
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NewsLloyd’s syndicate partners with cryptocurrency broker to protect online wallets
Insurers TMK and Markel have also backed the new liability policy
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FeaturesGreen parts market gains traction for accident repairs
The use of recycled car parts for repair may be in its infancy, but industry voices predict a boost in business to meet consumer demands
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News AnalysisDirect Line aims to reduce expense ratio amid business transformation
Despite a challenging motor market post-Ogden the insurer is pushing forward with digital transformation and is “well prepared” for Coronavirus claims
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NewsCoronavirus fears trigger travel insurance sales boom
But a surge in travel policies brings added risks as well as opportunities for insurers
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NewsAviva to invest in digitalising broker channels
The insurer’s UK chief executive confirms that ‘we want to invest in those relationships’
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NewsCoronavirus not covered under standard business interruption policies says Aviva
The insurer’s chief executive said its policies provide ‘minimum coverage’ in terms of listed diseases within BI policy wordings
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NewsAdmiral’s ‘profit over growth’ strategy triumphs in cyclical car insurance market
A return to normal levels of damage inflation suggests better times ahead for some motor insurers
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NewsAdmiral profits soar amid ‘unusually’ high reserve releases
Insurer also said its focus on profit over growth has paid dividends
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NewsCoronavirus: will ‘notifiable disease’ status be a game-changer for insurance?
Being a notifiable disease means cases have to be reported to the relevant authorities by law
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NewsA quarter of SMEs think cyber insurance is not fit for purpose
CFC Underwriting says the industry ‘must do better at articulating the value of this cover’
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Online onlyCall centres closed, disaster planning - Coronavirus warning of huge claims disruption
360Globalnet boss says back up planning and flexible IT is needed
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NewsSam White’s Freedom Services Group buys Homelyfe
The purchase signals White’s move into the home insurance sector
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NewsDirect Line shares buoyed as insurer outperforms expectations
Results fell within or below the guidance range in most areas
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NewsDirect Line reports fall in underwriting profit
A reduction in reserve releases and a challenging first half of the year hits the business
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NewsCatalytic converter theft on rise as rhodium prices soar
Theives are exploiting a loophole in the law that called on dealers to run checks on where the metals had come from
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Markets & RisksInsurercore – a dating agency for brokers and insurers
As the market hardens and capacity tightens it is becoming increasingly difficult for brokers to find the cover or technological solutions they need to suit their clients, but could an innovative searchable online directory hold the answer to this industry dilemma?
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NewsPersonal injury solicitor struck off after favouring CMCs over clients
The culprit made multiple breaches and failed to act when concerns were raised by third party insurers and the Motor Insurers Bureau
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NewsSSP launches data solution to help brokers access trend insights
The company’s distribution director says the data set will ‘provide insights never before possible’
