Covid-19 – Page 34
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NewsLloyd’s broker unveils new EU-based broking business
The broker’s European arm has also appointed a new chief executive
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NewsEnterprise Act risks BI payout ‘ticking time bomb’ for insurers, warns law firm
Devonshires’ Stephen Netherway tells Insurance Times how the Enterprise Act could affect business interruption pay-outs following the Supreme Court appeal ruling earlier this month
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News AnalysisPost-Grenfell surveyor PI challenges – opportunity or risk for insurance?
In the aftermath of the Grenfell Tower fire, the EWS1 form was created to address fire safety issues, however a lack of professional indemnity insurance for the surveyors that sign off this form has thrown another spanner in the works. Could finding a solution be a key opportunity for brokers ...
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NewsCovid-19 impact on insurance recruitment revealed
Recruitment stats confirm economic impact of pandemic past year, but more optimistic picture painted for 2021
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NewsFloodFlash pays Storm Christoph catastrophe claim in 9 hours 44 minutes
It means that policyholders can be paid their claim on the same day
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NewsBroker clients ‘more responsive’ to broadening cover due to BI backlash – McCarron Coates
Commercial clients want wide coverage without the price tag, while insurers are trying to recoup returns, says broker director
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NewsInsurers less exposed to BI risks in latest lockdown due to new exclusions
Ratings agency director says there is no ‘appetite for providing cover as part of general property business interruption’
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NewsFCA plans to use ‘full range of regulatory tools and powers’ to check insurers pay valid BI claims
Furthermore, the regulator recognises the ‘key role that insurance brokers and other insurance intermediaries’ play to ensure policyholders’ claims are progressed
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NewsBuilding a boutique broker in the time of Covid-19 – Broadway’s Daniel Lloyd-John
Hitting £500,000 gross written premium just three months after launching specialist boutique broker Broadway Insurance Brokers’s founder and chief executive Daniel Lloyd-John tells Insurance Times about his plans for 2021 and why the North West is the ’perfect place’ for his proposition
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NewsZurich warns of ‘double disaster’ as Storm Christoph batters England and Wales amid pandemic
Storm Christoph has raged through England and Wales, adding further strain on the UK as it battles the ongoing coronavirus pandemic. Some insurance industry experts, however, have stepped in to offer support, advice and a solution
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NewsOnslaught of Covid claims expected to hit CMCs as 70% see claims registered
Research by broker Gallagher also predicts the pandemic claims uptick will cause a 40% rise in litigation compared to previous years
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NewsOnus is on insurance industry to improve transparency and reduce expectation gap - CII
Expert panel says there are clear business benefits in ‘taking this bull by the horns’
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FeaturesBriefing: Pandemic evolution creates unanswered questions following Supreme Court ruling
Plus, the professional indemnity claim threat over brokers is ‘a big risk’
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NewsIndustry experts raise insurance implications after first woman convicted of e-scooter drink driving
A 20-year-old woman in Newport, Isle of Wight was found to be nearly three times over the legal limit of alcohol while driving an e-scooter, industry experts debate the insurance implications
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NewsUK insurance market shows ‘divergence’ with London Market prospering while regions suffer
Business interruption will also remain a key risk for 2021, especially for insurers that have non-standard policy wordings, advises ratings agency
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News AnalysisBrokers ‘inundated’ following Supreme Court BI appeals ruling
Brokerbility’s executive chairman says ‘time is of the essence’ as brokers scramble to ‘calm nerves of both staff and clients’
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NewsThingCo secures van broker partnership
The insurtech hopes to make improve safety on the roads and reduce insurance costs
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NewsSupreme court appeals ruling is ‘watershed moment’ for insurance industry
Following the ruling from the Supreme Court case on the business interruption appeal, Broadway Insurance Brokers’ chief executive gives his views
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NewsABI backs government funded indemnity scheme for care homes and pharmacies vaccination
The vaccine minister confirmed that this scheme was to provide insurance such as clinical negligence and employers liability
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NewsCovid-19 pandemic exposes brokers’ over-reliance on price comparison websites
The UK lockdown has presented a unique challenge for brokers trying to get new business
