Claims – Page 96
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NewsBusiness growth remains top priority for insurance CFOs despite pandemic – EY
The pandemic has made business planning ’more important than ever before’ for insurance CFOs
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NewsInsurance industry takes ‘more holistic view’ to preservation of the building versus life
Using timber within construction is a greener solution for the environment, despite it being combustible and - in turn - higher risk. However, since the insurance industry is now taking a ’more holistic view’, should it also start thinking ‘out of the box’ to address these risks?
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NewsMost insurance CFOs planning to automate 5-20% of finance controls – EY
Automating financial controls could save insurers money and make room for more complex tasks, says EY
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IT InterviewMGA Q&A: Geo Underwriting continues to expand
Geo Underwriting’s chief commercial officer Nick Sharp speaks to Insurance Times about why it’s an exciting time during the MGA’s journey and how it has responded to the Covid-19 pandemic
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IT InterviewGeobear – the tech firm cutting the insurance industry’s subsidence claims costs by 20%
Subsidence claims are lengthy and expensive to solve, however Geobear is working with the insurance industry to reduce costs and cut claims down time by 70%
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NewsABI’s Huw Evans says BI test case appeal is ‘unsurprising’
The association’s director general believes the resulting judgment ‘could impact insurance for the next decade’
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NewsFlood Re’s credit rating upgraded
Credit rating agency maintains that the reinsurer’s ability to handle large claims warranted an upgrade
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FeaturesBroker Scheme Focus: Should brokers take some responsibility for customers with unpaid Covid BI claims?
Insurance Times gets different perspectives on whether scheme brokers should share the blame when it comes to unsatisfied business interruption customers left with unpaid claims due to the coronavirus pandemic
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NewsA-Plan snaps up telematics broker, with more acquisitions in the pipeline
A-Plan Group has made its first purchase since announcing its takeover by Hyperion
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NewsEcclesiastical committed to improving claims handling following Independent Inquiry
The insurer has responded to the Independent Inquiry of Child Sexual Abuse (IICSA) that slammed Ecclesiastical for not providing complete evidence
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NewsBrit and African Caribbean Insurance Network team up to address insurance industry ethnic diversity
The two will work together to attract new graduate talent by promoting the insurance profession amongst students
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NewsArdonagh data breach reported to Information Commissioner
Firms are required by law to report breaches within 72 hours
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IT Interview360Globalnet boss says no code technology is ‘next big thing’ for insurance
The insurtech’s chief executive, Paul Stanley tells Insurance Times why no code technology is going to be the ’next big thing’ in insurance and reveals how the technology’s flexibility allowed 360Globalnet to build its own Track and Trace System
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NewsIndependent Inquiry criticises Ecclesiastical for ‘incomplete evidence’ in child sexual abuse Church saga
The report makes eight recommendations directed at the Church of Wales and the Church of England of which Ecclesiastical insures, record keeping was highlighted as a significant problem for these religious institutions
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FeaturesBroker Scheme Focus: FCA test case result has ‘amplified’ impact on broker schemes
Insurance Times speaks to experts across the sector to find out how broker schemes will be affected by the recent test case verdict on the interpretation of business interruption policy wordings for Covid-19 claims
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News AnalysisPrice comparison websites ‘could be the real loser’ from FCA’s fair pricing report
Insurance Times explores how the regulator’s proposed measures to mitigate price walking could have an adverse effect on the use of price comparison websites
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IT InterviewMGA Q&A: U-Sure Underwriting sees month-on-month growth despite Covid-19
U-Sure Underwriting’s managing director Ben Coleman speaks to Insurance Times about the factors that ensure his MGA delivers a ‘first class service’ and how the coronavirus pandemic hasn’t dampened business growth
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NewsCost of incorrect Covid clean for credit hire ‘could be somebody’s life’
Legal director responds to industry observations around increased credit hire costs linked to the Covid-19 pandemic
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NewsFCA test case appeal confirmed for Supreme Court
However Ecclesiastical and Zurich have bowed out, while Qatar Insurance Company Europe has been denied the right to intervene
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News AnalysisThe Big Question October 2020: How might a Covid-19 second wave and lockdown affect brokers that rely heavily on face-to-face networking?
The Covid-19 pandemic has seen the insurance industry’s conferences and networking events take a hit,with social distancing still in force as the UK faces a second wave and potential lockdown, innovation is still paramount. Insurance Times asks the industry how some brokers who rely heavily on face-to-face networking have ...
