Covid-19 – Page 40
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IT Interview
Industry has work to do to regain customer confidence – Zurich
Zurich UK’s head of retail believes insurers are ‘absolutely all aligned’ to repairing the reputational damage caused by the FCA’s test case and confusion over business interruption cover
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News
Brit’s syndicate Ki onboards its first broker trading partners ahead of New Year launch
Ki’s broker partners include Aon, Gallagher and Marsh among many others
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Sponsored Content
How online data could transform the insurance sector’s relationship with corporate risk – Luminati
Luminati’s vice president of APAC and EMEA Tamir Roter tells Insurance Times how data could improve how the insurance market deals with corporate risk
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News
Lockdowns expected to bring big drop in claims costs this year, but 2021 predicted to turn negative
Underlying claims inflation, Brexit and the FCA’s new pricing rules could turn underwriting profits red next year, predicts EY
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News
Arch Insurance reveals SME terrorism product to combat evolving risks
Arch has more than 10 years of experience in terrorism insurance products
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News Analysis
FCA labels insurers’ arguments as ‘far-fetched’ in Supreme Court hearing
However, insurers claim that there ‘is no justification for engineering contractual wording to accommodate unique circumstances which have occurred subsequently’
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News
A quarter of insurance staff want more tech training to cope with ‘new normal’ - KPMG
More than a third of insurance professionals have received training around mental health, as 28% view this as a key theme within their job roles now
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News
Clarifying causation will be crux of Supreme Court ruling – Fenchurch Law
However, Supreme Court judges also suggest a public policy stance around pre-trigger losses
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News
‘The biggest risk for insurers is reputation’ says Aviva’s Blanc
The insurer boss adds that the industry’s reputational damage arising from the business interruption test case has left her feeling ‘very sad’ and that the industry needs to ‘not shoot ourselves in the foot as much as we do’
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News
Over half of insurance staff want to remain home working post pandemic - KPMG
Financial services employees under the age of 30 are the most keen to continue working from home on a permanent basis
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News Analysis
Premiums soar for independent financial advisors’ PI as insurers dwindle
As the UK approaches a pandemic induced recession, advice firms are facing higher premiums as insurers that provide professional indemnity for advisors have significantly reduced after a series of regulatory changes, constraints and historical blunders. Insurance Times investigates what this means for insurers and IFAs – and whether brokers ...
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News
Home insurance rates could harden after ‘complex’ year, insurtech Urban Jungle warns
A range of factors are pushing rates higher, the insurtech told Insurance Times
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Online only
Briefing: Why an RSA takeover might actually be very good for brokers
Brokers’ gut reaction may be one of concern at the RSA takeover, but there is likely to be more upside than downside
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Online only
Catlin’s Convex in fresh funding raise as it seeks to capitalise on hard market
Convex’s latest funding round brings its total raised since launch to $2.7bn
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News
Covid-19 pandemic accelerates ‘slow burn of digitalisation’ in insurance by tapping data
In a recent webinar, BGC’s managing director discussed how data can change the insurance industry
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News
Crawford and Company actively seeking ‘bolt-on’ acquisitions
Its overall aim is to create long-term value for its shareholders
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News
Brokers to blame for lack of pandemic focus in FTSE 100 boardrooms – Mactavish
The firm’s chief executive believes organisations have been ‘wasting their money’ on broker advice if pandemic risks have not been mentioned
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Features
How ‘standards’ can help brokers and underwriters
With the pandemic ongoing e-trading has become a vital tool to do business, but standards are still needed especially as the market is always evolving Polaris tells Insurance Times
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News
Pandemic sees growth in lending to better manage insurance costs – Premium Credit
The premium finance provider’s latest research index reveals what lines of cover SMEs have stopped buying and how many are using a broker or insurer
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IT Interview
Technology is still the ‘bedrock of our business’ – CFC Underwriting’s Dave Walsh
With CFC Underwriting making it onto Insurance Times’s Top 50 Brokers podium yet again, the firm’s chief executive and founder Dave Walsh discusses how it started out in the dot-com era, emphasising that technology is still at the business’s heart today