Covid-19 – Page 16
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News
Broadway Insurance Brokers warns holiday makers against ‘amber gambling’ with travel insurance policies
Broadway Insurance Broker’s director of private clients says this is the next phase of the fallout following business interruption claims
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IT Interview
MGA Q&A: Dual Oliva ‘didn’t miss a beat’ during Covid-19 pandemic, providing ‘welcome consistency’ to brokers
Cliff Browne, managing director of Dual Oliva, tells Insurance Times’s head of research Savan Shah about the MGA’s new developments for the broker community and how its underwriting process stands out in the MGA market
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News
Hiscox pays out more than £5.2m of Covid BI claims following specialist broker settlement
More claims are yet to be finalised, but policyholders include British nightclubs and other live event music venues
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News
Pandemic-stricken vehicle mileage sees biggest drop since 1994 - ACSO
The consumer body is urging insurers to ‘cut the cost of car and van insurance for UK motorists and treat their customers fairly’
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IT Interview
Bob Peterson: Still ‘headroom’ for pricing increases due to market ‘peaks and troughs’
Lonmar’s executive director of London market risk encourages Lloyd’s underwriters to return to the capital if they wish to retain the market’s ‘market leading, global position’
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News
Insurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
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IT Interview
MGA Q&A: Dual Group aims ‘to be part of the solution’ for brokers post-pandemic
Dual Group’s Alan Telford tells Insurance Times’s Savan Shah about the MGA’s new developments for the broker community, as well as explains how achieving four stars from brokers in last year’s MGA survey has impacted the business
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News
Spectator-less Olympics could cost insurers and reinsurers millions – Fitch Ratings
Payouts regarding spectators should be limited to losses from ticket sales and hospitality
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IT Interview
MGA Q&A: Mike Keating - Capacity will continue to be the main challenge for MGAs in the year ahead
MGAA chief executive Mike Keating tells Insurance Times’s head of research Savan Shah about the concerns and challenges facing MGAs and how he thinks MGAs can stay ahead of the game
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News
London professional indemnity market expected to thrive over the next year – Clyde and Co
Recession, cyber threats and regulatory intervention are insurance professionals’ biggest concerns
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IT Interview
General insurance ‘isn’t a static industry’ – Aviva’s Winslow
The insurer’s new chief executive of UKGI shares the latest trends that he is keeping an eye on and explains why the industry has ‘to be very forward thinking and future focused’
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IT Interview
MGA Q&A: Developing international business is 'enormous opportunity' amid new capacity – Nexus Underwriting
Tim Brangwyn, group chief operating officer at Nexus Underwriting, tells Insurance Times’s head of research, Savan Shah about the new developments for the broker community, the challenges that lie ahead for MGAs as well as achieving four stars from brokers in last year’s MGA survey
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News
Insurance Times’s Technology Champion of the Year 2021 - who gets your vote?
Five finalists have been shortlisted for the Technology Champion of the Year award for 2021, but who will be crowned the winner?
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News
Pool Re reveals new expert advisory group to deter future systemic risks
A total of 12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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Features
Covid-19 set to make future Olympic cover a non-runner
As athletes arrive in Tokyo for the summer Olympic Games, the postponement of the event for 12 months has already cost the insurance industry dear
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Features
Briefing: Insurance bosses must speak out about office return
As Boris Johnson announces the lifting of the UK’s lockdown regime, managing the juxtaposition of home versus office working in line with employee expectations is an imperative for insurance leaders
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News
Biba’s 2020 turnover fell by 36% due to Covid-19 impact
However, the trade body was able to return ‘a small surplus’ because of ‘measures to curtail expenditure’
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News
IFED cracks down on insurance ghost broking with seven arrests
The IFB’s head of intelligence and investigations said ghost brokers ’are not afraid to take advantage of the financial hardship so many drivers are facing right now’
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News
UK construction plant fire claims doubled in 2020 – HSB
The claims surge can be attributed to the pandemic, says product lead
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News
Cyber insurance industry predicted to exceed $20bn GWP by 2025 – GlobalData
The pandemic has triggered a ‘permanent shift’ in the way businesses operate, which will push the demand for commercial and personal cyber cover