Covid-19 – Page 25
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NewsNFU Mutual predicts motor claims surge as lockdown eases
The insurer’s prediction follows last year’s claims trends, where drivers flooded back to the roads after lockdown restrictions eased
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NewsClear Group commits to reducing carbon footprint by 30%
To begin with, Clear Group will be upgrading its IT suite and purchasing carbon credits
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IT InterviewAston Lark boss Peter Blanc on mission to ‘build best broker’ amid acquisition spree
With ten acquisitions completed this year and counting, Aston Lark boss Peter Blanc tells Insurance Times the motives behind the broker’s spending spree and how he envisions the business developing
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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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NewsShed and garage home office spaces could pose risk for insurers – Aviva
In its latest research, Aviva reveals that only a third of people have a designated home office space in their property
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FeaturesBriefing: Covid, capacity and poor insurer service continues to pose problems for brokers
Recent research compiled by Insurance Times and Close Brothers Premium Finance reveals what major challenges brokers are watching right now
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NewsUK insurers warned of big challenges and put on ‘negative’ outlook
AM Best places UK insurers on negative outlook amid major challenges
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NewsMotor insurers expect usage-based pricing models to be standard in four years – By Bits
Technology was found to be the biggest obstacle for the industry in meeting changing customer needs
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NewsUnderwriting room could remain Lloyd’s focal point, but its role needs redefining – LIIBA
The trade body emphasises that the underwriting room must ’not become the museum of modern insurance’ and that it is essential ’that London remains a critical hub for global insurance business’, despite increased flexible working models
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NewsSaga’s full year results suffer due to ‘significant impact of Covid-19 on travel’
The company said travel insurance profitability reduced by £98.3m in the 12 months to 31 January 2021
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NewsTrõv continues expansion into UK market
The insurtech chief executive believes embedded insurance is revolutionising distribution
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IT InterviewSabre has ‘been able to hold our nerve’ during pandemic lockdowns
The insurer’s chief executive says that putting prices up year-on-year was the ‘right stuff’, enabling the firm to now ‘stand still’ as its competitors scramble to implement price increases to mitigate Covid discounts
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NewsBrokers aim for ‘trusted advisor’ status with SME clients – Premium Credit
The financial organisation’s latest research also reveals ‘worrying’ trends around paying for business insurance due to Covid-19’s direct impact on SMEs
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NewsFailing to prepare for emerging risks has led to ‘resilience death’ – Marsh
Mitigating the impact of low-frequency, high-risk events will mean different results for different companies, but ‘we have to work together and we have to take action now’, says industry panel
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NewsLloyd’s accentuates the positives despite cloud of Covid-19
Lloyd’s urges analysts and the wider industry to look beneath its headline full-year figures to see progress - it pledged there is more to come
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FeaturesRegulation ‘bigger threat’ to brokers’ business than Covid-19
Brokers react as the FSCS supplementary levy turned the dial on increasing costs amid a landscape strewn with professional indemnity struggles and Covid-caused complications
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NewsUK brokers boast stronger relationships with clients than pre-pandemic – GlobalData
The data analytics and consulting firm also found that nearly half of brokers’ clients are interested in finding out about coverage gaps following the pandemic
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NewsRevealed: Claims Excellence Awards finalists 2021
A record number of entries across 18 categories have made it onto the shortlist for Insurance Times’s Claims Excellence Awards this year – did your firm make the cut?
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FeaturesBriefing: Pandemic impact on financial results is not over yet
Insurers’ 2020 full-year financial results show an economic landscape strewn with losses and colossal Covid claims costs. This will undoubtedly carry over into 2021 in some capacity, wrecking further trouble on balance sheets
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