Covid-19 – Page 10
-
IT InterviewIncoming Hiscox chief exec plans to build on broker relationships and boost digitisation
The current CFO says no ’radical changes’ are on the agenda for 2022, but digitisation will impact how the insurer executes its overarching strategy next year
-
IT InterviewHiscox paying up to 800 BI claims a month despite policyholder information struggle
Outgoing chief executive confirms that the insurer has accepted around 10,000 business interruption claims linked to the Covid-19 pandemic
-
NewsInsurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
-
NewsSix out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer
-
NewsPost Office travel cover sales surpass pre-Covid levels this November
Relaxing Covid travel restrictions has supported the continuation of strong sales into autumn, says product portfolio director
-
NewsAviva calls on government to make Online Safety Bill inclusive of spoofing scams
FCA data reported that £78m was stolen by clone firm investment scams between January and December 2020
-
NewsZurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
-
NewsAgeas UK profits up but claims inflation returns to motor
The insurer will ‘remain disciplined’ in its approach to pricing following financial toll on motor, says chief executive
-
AnalysisBroker CEO Forum: ‘Unique hard market’ shows ‘fun and games’ in commercial lines
Although commercial rates are starting to ease, areas that are particularly affected by claims – such as cyber – could still see ‘strong increases’, noted delegates
-
IT Interview‘Trust is at the heart’ of Covéa Insurance’s five star service success
As the surveys for the 2021/22 Insurance Times five star rating reports were launched last month, Covéa Insurance explains what has kept the underwriter in the number one spot for both commercial and personal lines for the past three years
-
NewsFilm and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
-
IT InterviewMGA Q&A: Managing director confirms Burns and Wilcox is in ‘growth mode’
Following the publication of Insurance Times’ MGA Survey results, Burns and Wilcox managing director Stuart Kilpatrick reveals the MGA’s growth strategy and discusses industry challenges
-
NewsMarkel boosts underwriting profits despite hurricane and flood hits
The biggest financial impacts for the insurer were natural catastrophes and the covid-19 pandemic
-
NewsAround 69% of customers use credit to pay for insurance – Premium Credit
Some who have used credit to pay for cover have not been able to claim on their insurance policy in the past five years
-
NewsHiscox has paid out 5,153 BI claims in first nine months of 2021
In his last quarterly trading statement as chief executive, Masojada describes the insurer as being in ‘good shape’
-
NewsChanging risk landscape leads to record-breaking loss of business income – Aon
The insurance broker’s latest survey reveals the top 10 global risks, according to risk managers
-
IT InterviewSam White: Unconscious bias barrier has led to a ‘skewer of male dominance’ in industry
Historically, it has been ‘unbelievably difficult for female founders to get funding’, says top boss
-
NewsMotor insurers pocket £3.3bn Covid windfall – ACSO
Pandemic linked lockdowns saw car insurers reap £118 per policy, states ACSO’s research
-
NewsSpike in FOS referrals reveals motor cover is most complained about insurance product – Insurance DataLab
Understanding the make up of complaints will be key in preparing for the regulator’s fair value spotlight, according to data service co-founder
-
AnalysisBroker CEO Forum: Pandemic ‘upped the ante’ around staff welfare and mental health
Insurance industry has ‘a real fear’ around employee burnout, while insurtech investment indicates sector-wide ‘digital first’ focus is here to stay
