Commercial Lines articles – Page 82
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NewsArdonagh and Beazley team up for new cross class follow capacity solution
Broker chief executive says the deal is an ‘endorsement’ of the firm’s ‘data-powered strategy’
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NewsBrokers need better access to underwriters to tackle market challenges
Broker chief exec says the industry has ‘seen the best and the worst in the market over the past 12 months’
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FeaturesBriefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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News AnalysisGovernment must take leap of faith to mend ‘gaping hole’ in cover for live events
Industry figures beg the government to seriously consider state-backed insurance scheme as the commercial insurance market for events cancellation is ‘unlikely’ to mobilise until 2022
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NewsZego partners with grocery delivery startup on commercial e-bike fleet
With the pandemic seeing an increase in grocery deliveries, the partnership aims to provide flexibility for e-bike fleets
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NewsInsurers have paid £600m in interim and final BI claims payments
Around 13,670 BI policyholders out of the 35,438 who have had claims accepted have received at least an interim payment
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NewsPartners& buys Nottingham-based broker
The move supports the broker’s strategy to build its presence in the Midlands
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NewsAviva predicts uptick in cyber insurance sales post-pandemic
The Covid-19 pandemic has forced many SMEs to work remotely, but this comes with a larger cyber risk exposure for businesses
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NewsCovid clauses creating new D&O concerns
Recent moves by insurers to include broad Covid-19 exclusion clauses may have significant ramifications for the D&O sector
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NewsEthos Broking buys London broker to reach baker’s dozen of acquisitions
The acquisition will ‘further strengthen the wider Ethos Broking group’ by creating London foothold
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FeaturesIndustry demands change to build sustainable construction PI market
Trade association believes historic liabilities following 2017’s Grenfell Tower tragedy will lead to current claims exposure for insurers providing professional indemnity within the construction sector
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NewsPIB Group buys family-run Irish retail broker to continue European expansion
The new acquisition is ’an obvious starting point to help us make a mark on the Irish retail market’, says chief executive
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NewsTowergate strengthens Swansea footprint with new acquisition
The broker’s area director says the acquisition ’marks an exciting opportunity to strengthen our existing taxi specialism’
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NewsZego unveils two flexible insurance products for moped and e-bike fleets
The two products are flexible, catering to the surge in delivery and courier services
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NewsInsurtech partners with Amazon on small business insurance proposition
The insurtech’s chief executive says the firm is taking a ‘large step’ by providing greater access to ’seamless insurance’ via this partnership
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NewsCNA Hardy hit by ‘sophisticated’ ransomware attack
It caused network disruption and impacted corporate emails
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NewsInsurtechs warn insurers of pandemic ‘complications’ to flood claims
Policyholders need to adopt flood resilience measures in the same way they would implement safety tools to protect against burglary, says Previsico’s chief executive
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FeaturesKennedys IQ introduces enhanced ‘next level’ claims management solution
Using artificial intelligence, Kennedys IQ intends on ‘helping claims handlers shift from information gatherers to insight enabled decision makers’
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FeaturesArdonagh ‘on cusp’ of solving BI issue before FCA test case halted project
In a call with media this morning, Ardonagh’s chief executive David Ross spoke about how an industry working group was ’on the cusp’ of finalising a solution for business interruption claims, but the FCA Supreme Court case put a stop to this
